Forex

Foreign Exchange market, also known as FOREX or FX market, is the biggest financial market in the world with daily turnover of around USD 5 trillion.

BenchMark offers spot trading on the FX market at very low margin rates. Thus, one is able to open positions that exceed his available account funds up to 200 times through the MetaTrader 4 and 5 platforms. Our clients are allowed to trade with low volumes starting from 1 000 currency units (0.01 lot). BenchMark  does not require a minimum deposit for opening an account.

Minimum trade size

The minimum trade size in the MetaTrader platform is 1 000 currency units (0.01 lot).

Spreads and margin

BenchMark offers currency trading on tight spreads, starting from 0.1 pip minimum and 0.8 pip average spread for EURUSD. Spreads and margin can vary with the market movement. You can find out more in the following table:

Currency pair  Spread (pips) Margin¹ 
Minimum  Avarege  EUR USD 
Major  
EURUSD 0.1 0.8 5 5.5
USDJPY 0.2 0.9 4.5 5
GBPUSD 0.1 1.4 7 8
USDCHF 0.3 1.5 15 16
USDCAD 0.5 1.4 4.5 5
AUDCAD 0.9 2.1 4 4.5
AUDCHF 1.8 2.2 12 13
AUDJPY 0.4 1.6 4 4.5
AUDNZD 0.3 2.8 4 4.5
AUDUSD 0.2 1.1 4 4.5
CADCHF 1.3 1.8 12 13
CADJPY 0.5 1.6 4 4.5
CHFJPY 1.6 2.3 16 18
EURAUD 0.2 2.0 5 5.5
EURCAD 0.3 2.0 5 5.5
EURCHF 0.3 1.6 15 18
EURGBP 0.2 1.1 5 5.5
EURJPY 0.2 1.5 5 5.5
EURNZD 0.9 3.4 5 5.5
GBPAUD 0.4 3.0 7 8
GBPCAD 0.5 2.9 7 8
GBPCHF 0.6 2.3 19 21
GBPJPY 0.6 1.5 7 8
GBPNZD 0.8 4.9 7 8
NZDCAD 0.9 2.4 4 5
NZDCHF 1.7 2.5 12 13
NZDJPY 0.7 1.8 4 5
NZDUSD 0.3 1.5 4 5
Exotic
EURNOK 10 37 50 58
EURSEK 12 27 50 58
EURTRY 3.5 18 80 92
USDMXN 10 33 70 80
USDNOK 2.4 26 44 50
USDSEK 4.4 21 44 50
USDTRY 0.5 11 70 80

1. The margin requirements are related to the announced minimum volumes and account equities. If your account equity is between  USD 50 000 and 200 000 or their equivalent in EUR, the margin requirements for FX will be twice as much as the stated values. For account equity is above USD 200 000, or their equivalent in EUR, the margin requirements as well as the Stop Out Policy are negotiable.

Forex trading hours

Benchmark offers spot forex trading through its MetaTrader 4 and 5 platforms from 20:15 GMT on Sunday to 19:55 GMT on Friday.