Currencies Market Information

Minimum bet for all currency pairs is £1 per point.

Quoting hours for currencies is 10pm Sunday to 10pm Friday. 
   


   FX Pair Spread Size Margin GSO* Premium
AUDCAD 4 0.50% 5
AUDCHF 5 0.50% 5
AUDJPY 3 0.50% 3
AUDNZD 5 1% 8
AUDUSD 1 0.50% 3
CADCHF 5 1% 5
CADJPY 4 0.50% 4
CHFJPY 3 1% 3
EURAUD 3 1% 6
EURCAD 6 0.50% 6
EURCHF 3 1% 2
EURGBP 1 0.50% 2
EURJPY 2 0.50% 2
EURNZD 7 1% 4
EURPLN 25 1% 20
EURSGD 9 1% 10
EURUSD 0.8 0.50% 2
GBPAUD 5 1% 2
GBPCAD 7 1% 5
GBPCHF 5 1% 4
GBPJPY 3 0.50% 5
GBPNZD 8 1% 15
GBPPLN 50 1% 20
GBPUSD 1 0.50% 2
GBPZAR 250 1% 80
NZDCAD 6 1% 5
NZDCHF 6 1% 5
NZDJPY 3 1% 3
NZDUSD 2.5 0.50% 2
USDCAD 2.5 0.50% 2
USDCHF 2.5 1% 4
USDJPY 1 0.50% 3
USDNOK 50 1% 25
USDPLN 40 150 40
USDSEK 50 1% 40
USDTRY 28 2% 15
USDSGD 8 1% 10
USDZAR 100 2% 120
USDINR 15 3% N/A

   
For all FX pairs 0.0001 point movement in the FX price equals 1 stake point, except when the quoting currency is JPY a 0.01 point movement equals 1 stake point.

*GSO = Guaranteed Stop Order

T+2=Two business days from the trade date

ADDITIONAL INFORMATION

SPREADS

Our tightest spreads are available up to a maximum of £50 a point after which the spreads increase on a sliding scale basis.

Spread sizes for bets over £50 per point

EURUSD: £51-£100 spread is 1.0, £101-£200 spread is 2.5 and £201-£500 spread is 3.

SPREAD CO QUOTING HOURS

Spread Co’s quoting hours are expressed as London time. These are Spread Co’s customary business hours, however these may vary where there is a market holiday or when daylight saving applies. Spread Co informs clients of any changes to market hours via email.

GUARANTEED STOP ORDER RULE
  • Margin requirement is equal to Guaranteed Stop Order (GSO) distance from current price multiplied by your stake.
ROLLOVER ADJUSTMENTS

You may receive interest credits when you are long the currency with the higher interest rate and may be charged interest when you are short the currency with the higher interest rate.

If a position is held at the end of day (10pm) on Wednesday there will be a 3 day rollover charge/credit. FX settles on a T+2 basis e.g. at the end of Wednesday, T+2 would be a Saturday, however as banks are not open you cannot settle the currency until Monday. If there is a currency holiday on Monday then the rollover charge/credit will be for 4 days, to the next settlement day.

More information and examples on financing

Quoting hours for currencies is 10pm Sunday to 10pm Friday.

  



   FX Pair Spread Size Margin P/L Currency
AUDCAD 4 0.50% CAD
AUDCHF 5 0.50% CHF
AUDJPY 3 0.50% JPY
AUDNZD 5 1% NZD
AUDUSD 1.5 0.50% USD
CADCHF 5 1% CHF
CADJPY 4 0.50% JPY
CHFJPY 3 1% JPY
EURAUD 3 1% AUD
EURCAD 6 0.50% CAD
EURCHF 3 1% CHF
EURGBP 2 0.50% GBP
EURJPY 2 0.50% JPY
EURNZD 7 1% NZD
EURPLN 25 1% PLN
EURSGD 9 1% SGD
EURUSD 1.5 0.50% USD
GBPAUD 5 1% AUD
GBPCAD 7 1% CAD
GBPCHF 5 1% CHF
GBPJPY 4 0.50% JPY
GBPNZD 8 1% NZD
GBPUSD 2 0.50% USD
GBPZAR 250 2% ZAR
NZDCAD 6 1% CAD
NZDCHF 6 1% CHF
NZDJPY 3 1% JPY
NZDUSD 3 0.50% USD
USDCAD 3 0.50% CAD
USDCHF 3 1% CHF
USDJPY 1.5 0.50% JPY
USDNOK 50 1% NOK
USDSEK 50 1% SEK
USDTRY 28 2% TRY
USDSGD 8 1% SGD
USDZAR 100 2% ZAR
EURPLN 25 1% PLN
GBPPLN 50 1% PLN
USDPLN 40 150 PLN
USDINR 15 3% INR

   
Minimum trade quantity for all FX pairs is 10,000 CFDs.

T+2=Two business days from the trade date

ADDITIONAL INFORMATION

ROLLOVER ADJUSTMENTS

You may receive interest credits when you are long the currency with the higher interest rate and may be charged interest when you are short.

If a position is held at the end of day (10pm) on Wednesday there will be a 3 day rollover charge/credit. In the FX world everything settles on a T+2 basis. E.g. At the end of Wednesday, T+2 would be a Saturday, however as banks are not open you cannot settle the currency until Monday. If there is a currency holiday on Monday then the rollover charge/credit will be for 4 days, to the next settlement day.

SPREAD CO QUOTING HOURS

Spread Co’s quoting hours are expressed as London time. These are Spread Co’s customary business hours, however these may vary where there is a market holiday or when daylight saving applies. Spread Co informs clients of any changes to market hours via email.

P/L CURRENCY

All profit and loss will be booked in the quote currency e.g. if you trade EURUSD, any profit/loss will be booked in USD.

Notice

Every effort has been taken in preparing the market information contained in this document. We recommend that you read this information in conjunction with Spread Co’s Terms of Business. The information contained in this document is subject to change and is for guidance only. Please contact our client services team if you require any further information.

 
 
© 2017 Spread Co Limited. All Rights Reserved.

Spread Co Limited is a limited liability company registered in England and Wales with its registered office at 22 Bruton Street, London W1J 6QE. Company No. 05614477. Spread Co Limited is authorised and regulated by the Financial Conduct Authority. Register No. 446677.

Spread betting and CFD trading are leveraged products and can result in losses that exceed your deposits. Ensure you understand the risks.

Losses can exceed deposits. Click here to learn more.