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:

Code  Minimum volume  Value of 1 pip  Average spread  Margin 
Major        EUR USD 
EURUSD 1000 EUR 0.10 USD 0.8 0.5% 0.5%
USDJPY 1000 USD 10 JPY 0.9 0.5% 0.5%
USDCHF 1000 USD 0.10 CHF 1.5 0.5% 0.5%
USDCAD 1000 USD 0.10 CAD 1.4 0.5% 0.5%
AUDUSD 1000 AUD 0.10 USD 1.1 0.5% 0.5%
GBPUSD 1000 GBP 0.10 USD 1.2 0.5% 0.5%
GBPJPY 1000 GBP 10 JPY 1.5 0.5% 0.5%
EURGBP 1000 EUR 0.10 GBP 1.1 0.5% 0.5%
EURJPY 1000 EUR 10 JPY 1.5 0.5% 0.5%
NZDUSD 1000 NZD 0.10 USD 1.5 0.5% 0.5%
AUDCAD 1000 AUD 0.10 CAD 2.1 0.5% 0.5%
AUDCHF 1000 AUD 0.10 CHF 2.2 0.5% 0.5%
AUDJPY 1000 AUD 10 JPY 1.6 0.5% 0.5%
AUDNZD 1000 AUD 0.10 NZD 2.8 0.5% 0.5%
CADCHF 1000 CAD 0.10 CHF 1.8 0.5% 0.5%
CADJPY 1000 CAD 10 JPY 1.6 0.5% 0.5%
CHFJPY 1000 CHF 10 JPY 2.3 0.5% 0.5%
EURAUD 1000 EUR 10 JPY 2.0 0.5% 0.5%
EURCAD 1000 EUR 0.10 AUD 2.0 0.5% 0.5%
EURCHF 1000 EUR 0.10 CHF 1.6 0.5% 0.5%
EURNZD 1000 EUR 0.10 GBP 3.4 0.5% 0.5%
GBPAUD 1000 GBP 0.10 NZD 3.0 0.5% 0.5%
GBPCAD 1000 GBP 0.10 CAD 2.9 0.5% 0.5%
GBPCHF 1000 GBP 0.10 CHF 2.3 0.5% 0.5%
GBPNZD 1000 GBP 0.10 NZD 4.9 0.5% 0.5%
NZDCAD 1000 NZD 0.10 CAD 2.4 0.5% 0.5%
NZDCHF 1000 NZD 0.10 CHF 2.5 0.5% 0.5%
NZDJPY 1000 NZD 10 JPY 1.8 0.5% 0.5%
EURNOK 1000 EUR 0.10 NOK 37 5% 5%
EURSEK 1000 EUR 0.10 SEK 27 5% 5%
EURTRY 1000 EUR 0.10 TRY 18 8% 8%
USDMXN 1000 USD 0.10 MXN 33 5% 5%
USDNOK 1000 USD 0.10 NOK 26 5% 5%
USDSEK 1000 USD 0.10 SEK 21 5% 5%
USDTRY 1000 USD 0.10 TRY 11 8% 8%
USDRUB 1000 USD 10 RUB 290 10% 10%
USDCNH 1000 USD 0.10 CNH 20 10% 10%
Code  Minimum volume  Value of 1 pip  Average spread  Margin 
Major        EUR USD 
EURUSD 1000 EUR 0.10 USD 0.8 1% 1%
USDJPY 1000 USD 10 JPY 0.9 1% 1%
USDCHF 1000 USD 0.10 CHF 1.5 2% 2%
USDCAD 1000 USD 0.10 CAD 1.4 1% 1%
AUDUSD 1000 AUD 0.10 USD 1.1 1% 1%
GBPUSD 1000 GBP 0.10 USD 1.2 1% 1%
GBPJPY 1000 GBP 10 JPY 1.5 1% 1%
EURGBP 1000 EUR 0.10 GBP 1.1 1% 1%
EURJPY 1000 EUR 10 JPY 1.5 1% 1%
NZDUSD 1000 NZD 0.10 USD 1.5 1% 1%
AUDCAD 1000 AUD 0.10 CAD 2.1 1% 1%
AUDCHF 1000 AUD 0.10 CHF 2.2 2% 2%
AUDJPY 1000 AUD 10 JPY 1.6 1% 1%
AUDNZD 1000 AUD 0.10 NZD 2.8 1% 1%
CADCHF 1000 CAD 0.10 CHF 1.8 2% 2%
CADJPY 1000 CAD 10 JPY 1.6 1% 1%
CHFJPY 1000 CAD 10 JPY 2.3 2% 2%
EURAUD 1000 EUR 10 JPY 2.0 1% 1%
EURCAD 1000 EUR 0.10 AUD 2.0 1% 1%
EURCHF 1000 EUR 0.10 CHF 1.6 2% 2%
EURNZD 1000 EUR 0.10 GBP 3.4 1% 1%
GBPAUD 1000 GBP 0.10 NZD 3.0 1% 1%
GBPCAD 1000 GBP 0.10 CAD 2.9 1% 1%
GBPCHF 1000 GBP 0.10 CHF 2.3 2% 2%
GBPNZD 1000 GBP 0.10 NZD 4.9 1% 1%
NZDCAD 1000 NZD 0.10 CAD 2.4 1% 1%
NZDCHF 1000 NZD 0.10 CHF 2.5 2% 2%
NZDJPY 1000 NZD 10 JPY 1.8 1% 1%
EURNOK 1000 EUR 0.10 NOK 37 10% 10%
EURSEK 1000 EUR 0.10 SEK 27 10% 10%
EURTRY 1000 EUR 0.10 TRY 18 16% 16%
USDMXN 1000 USD 0.10 MXN 33 10% 10%
USDNOK 1000 USD 0.10 NOK 26 10% 10%
USDSEK 1000 USD 0.10 SEK 21 10% 10%
USDTRY 1000 USD 0.10 TRY 11 16% 16%
USDRUB 1000 USD 10 RUB 290 20% 20%
USDCNH 1000 USD 0.10 CNH 20 20% 20%
Code  Minimum volume  Value of 1 pip  Average spread  Margin 
Major        EUR USD 
EURUSD 1000 EUR 0.10 USD 0.8 2% 2%
USDJPY 1000 USD 10 JPY 0.9 2% 2%
USDCHF 1000 USD 0.10 CHF 1.5 4% 4%
USDCAD 1000 USD 0.10 CAD 1.4 2% 2%
AUDUSD 1000 AUD 0.10 USD 1.1 2% 2%
GBPUSD 1000 GBP 0.10 USD 1.2 2% 2%
GBPJPY 1000 GBP 10 JPY 1.5 2% 2%
EURGBP 1000 EUR 0.10 GBP 1.1 2% 2%
EURJPY 1000 EUR 10 JPY 1.5 2% 2%
NZDUSD 1000 NZD 0.10 USD 1.5 2% 2%
AUDCAD 1000 AUD 0.10 CAD 2.1 2% 2%
AUDCHF 1000 AUD 0.10 CHF 2.2 4% 4%
AUDJPY 1000 AUD 10 JPY 1.6 2% 2%
AUDNZD 1000 AUD 0.10 NZD 2.8 2% 2%
CADCHF 1000 CAD 0.10 CHF 1.8 4% 4%
CADJPY 1000 CAD 10 JPY 1.6 2% 2%
CHFJPY 1000 CHF 10 JPY 2.3 4% 4%
EURAUD 1000 EUR 10 JPY 2.0 2% 2%
EURCAD 1000 EUR 0.10 AUD 2.0 2% 2%
EURCHF 1000 EUR 0.10 CHF 1.6 4% 4%
EURNZD 1000 EUR 0.10 GBP 3.4 2% 2%
GBPAUD 1000 GBP 0.10 NZD 3.0 2% 2%
GBPCAD 1000 GBP 0.10 CAD 2.9 2% 2%
GBPCHF 1000 GBP 0.10 CHF 2.3 4% 4%
GBPNZD 1000 GBP 0.10 NZD 4.9 2% 2%
NZDCAD 1000 NZD 0.10 CAD 2.4 2% 2%
NZDCHF 1000 NZD 0.10 CHF 2.5 4% 4%
NZDJPY 1000 NZD 10 JPY 1.8 2% 2%
EURNOK 1000 EUR 0.10 NOK 37 20% 20%
EURSEK 1000 EUR 0.10 SEK 27 20% 20%
EURTRY 1000 EUR 0.10 TRY 18 32% 32%
USDMXN 1000 USD 0.10 MXN 33 20% 20%
USDNOK 1000 USD 0.10 NOK 26 20% 20%
USDSEK 1000 USD 0.10 SEK 21 20% 20%
USDTRY 1000 USD 0.10 TRY 11 32% 32%
USDRUB 1000 USD 10 RUB 290 40% 40%
USDCNH 1000 USD 0.10 CNH 20 40% 40%

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 21:15 GMT on Sunday to 20:58 GMT on Friday. The trading hours of the currency pairs including Russian ruble are from 07:15 to 15:00.

Important: FX trading has a daily pause between 20:58 and 21:02 GMT. During that period FX quotes will not be active for trading. This 4-minute pause in trade is made, since our BenchMark's liquidity providers stop their feed, because in this time the liquidity is extremely low or completely missing.