The world's deepest market, accessed with institutional spreads from 0.0 pips and leverage up to 1:1000. Major, minor and exotic pairs — all on MT5.
We own our MetaTrader 5 server stack. No third-party routing, no bridge-layer slippage, no opaque hand-offs between your broker and the market.
Access to interbank liquidity with spreads from 0.0 pips on Classic accounts. NoCom folds all cost into a competitive, predictable spread — zero commission.
Islamic / swap-free accounts available on all three account tiers, with no hidden administrative fees replacing the swap charge.
| Symbol | Bid | Ask | Spread (pips) | Swap Long | Swap Short | Contract Size | Hours |
|---|---|---|---|---|---|---|---|
| EUR/USD | 1.0846 | 1.0847 | 0.1 | −3.8 | −0.7 | 100,000 | 24/5 |
| GBP/USD | 1.2682 | 1.2683 | 0.4 | −2.5 | −1.1 | 100,000 | 24/5 |
| USD/JPY | 149.81 | 149.83 | 0.6 | −0.3 | −8.2 | 100,000 | 24/5 |
| AUD/USD | 0.6588 | 0.6589 | 0.3 | −1.8 | −2.4 | 100,000 | 24/5 |
| USD/CAD | 1.3645 | 1.3647 | 0.7 | −1.5 | −3.2 | 100,000 | 24/5 |
| USD/CHF | 0.9087 | 0.9089 | 0.5 | 1.2 | −4.1 | 100,000 | 24/5 |
| NZD/USD | 0.5982 | 0.5984 | 0.6 | −1.2 | −2.8 | 100,000 | 24/5 |
| EUR/GBP | 0.8552 | 0.8554 | 0.6 | −2.1 | 0.4 | 100,000 | 24/5 |
| EUR/JPY | 162.48 | 162.51 | 0.9 | −4.2 | −5.4 | 100,000 | 24/5 |
| GBP/JPY | 190.05 | 190.09 | 1.2 | −2.8 | −7.1 | 100,000 | 24/5 |
| USD/ZAR | 18.742 | 18.755 | 1.3 | −12.8 | 5.2 | 100,000 | 24/5 |
| USD/TRY | 32.188 | 32.214 | 2.6 | −48.5 | 12.4 | 100,000 | 24/5 |
Worked example — 1 standard lot EUR/USD on a Classic account.
Spread cost at entry equals the spread in pips multiplied by pip value. For EUR/USD, one pip on one standard lot is worth $10, so a 0.1 pip spread costs $1 at entry.
Commission is $8 round-turn — $4 to open, $4 to close. Total transaction cost is spread + commission.
On NoCom the same trade has zero commission but a wider 0.8 pip spread — total cost $8. Pick the account that matches how you trade.
A currency pair moves because one currency strengthens or weakens relative to the other — not because the pair itself has momentum. The strength meter aggregates the major's performance across every cross to surface which side of the pair is doing the work.
In the snapshot opposite, USD is the dominant currency and JPY is the laggard — meaning USD/JPY isn't really an entry on yen weakness; it's an entry on dollar strength. Knowing which is which changes which catalysts you watch.
Forex runs 24 hours from Monday open in Sydney to Friday close in New York, but spreads and volatility cluster around four overlapping sessions. The Tokyo–London handover and the London–New York overlap are when most of the day's range prints.
| Session | Open (UTC) | Close (UTC) | Most Liquid Pairs | Status |
|---|---|---|---|---|
| Sydney | 21:00 (Sun) | 06:00 | AUD/USD, NZD/USD, AUD/JPY | Closed |
| Tokyo | 00:00 | 09:00 | USD/JPY, EUR/JPY, GBP/JPY | Closed |
| London | 07:00 | 16:00 | EUR/USD, GBP/USD, EUR/GBP | Open |
| New York | 12:00 | 21:00 | EUR/USD, USD/CAD, USD/JPY | Open |
| London–New York Overlap | 12:00 | 16:00 | All majors — peak liquidity window | Open |
Status indicators are illustrative. Server time on UE Capital's MT5 infrastructure is GMT+2 in winter and GMT+3 in summer, aligned with the New York close.
The terms every Forex trader is assumed to know but rarely sees defined precisely. Bookmark this page or download the full glossary in the Education hub.
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