Forex
Why trade forex with JustMarkets?
Extensive FX derivatives
Our constantly expanding pool of the world’s most-traded currencies has over 60 instruments available for trading 24/7.
Swap-free trading
Every trader at JustMarkets has access to swap-free trading with no additional requirements, allowing to hold trades without extra charges.
Low & Stable spreads
Trade forex majors, minors, or exotics instruments with ultra-tight spreads starting from as low as 0.0 pips, ensuring stability even during market volatility.
Instant withdrawals
Get your money fast when you want to take it out. Choose from various payment methods and get quick approval for your requests.
Slippage protection
Trade without worry with our slippage protection. It prevents slippages, so your trades start and end right where you expect, without missing any small price changes.
Fast order execution
At JustMarkets, your deals are done almost instantly. In just fractions of a second, we ensure that your trades are executed, giving you the speed you need to trade effectively.
Forex market spreads and swaps
Avg.spread
pips
Commission
per lot/side
Margin
1:3000
Long swap
points
Short swap
points
Stop level*
pips
Standard
Forex market conditions
The forex market is the world’s largest financial marketplace, with $5.5 trillion in daily transactions. Available 24 hours a day, Monday through Friday, it offers a continuous source of trading opportunities.
Forex trading hours
Our forex market operates from Monday 00:02 until Friday 23:59.
Instrument | Open | Close |
All FX pairs | Monday 00:02 | Friday 23:59 |
All timings are in server time (GMT+2).
Spreads
Spreads in the forex market frequently float. The spreads mentioned above are averages from prior trading days. Check our platform for current spreads.
Spreads may increase during periods of low liquidity or high volatility. This includes times such as market rollover, market news, and releases and may continue until normal conditions resume.
Our best spreads are guaranteed on our Raw Spread account, where spreads start from 0.0 pips.
Swap-Free trading
Swap is the interest fee charged on forex trading positions that remain open overnight. The swap rates vary across different currency pairs. Swaps are applied at 22:00 GMT+2 each day, excluding the weekend, until the position is closed. It is important to note that for trades with forex pairs, swaps on Wednesdays are tripled to account for weekend funding costs.
You won`t be charged for the instruments marked “Extended Swap-free available” in the table above if you have swap-free status.
All customer accounts from any country are automatically given swap-free status.
Stop level
Pay attention that the stop level values indicated in the table above are variable and might not be accessible for traders employing specific high-frequency strategies or utilizing Expert Advisors.
Fixed margin requirements
The margin requirements for exotic currency pairs are fixed. The margin for these instruments is determined based on their specific margin requirements and remains unaffected by the leverage settings of your account.
Dynamic margin requirements
The margin requirement for your account depends on the amount of leverage you select. Adjusting your leverage will result in corresponding changes to your margin requirements. Similarly, just as spreads can fluctuate based on market conditions, the leverage accessible to you may also shift. Several factors, detailed below, can lead to these variations.
Leverage
Maximum leverage changes based on your account’s equity:
Equity, USD | Maximum leverage |
0 – 999 | 1:3000 |
1,000 – 4,999 | 1:2000 |
5,000 – 39,999 | 1:1000 |
40,000 or more | 1:500 |
*Trading instruments can have different maximum leverage according to their specifications.
Economic news
From 5 minutes before the publication of high-impact economic news until 5 minutes after, margin requirements for new positions opened on affected trading instruments are calculated with reduced maximum leverage.
You can find out when major economic news is due for release on our Economic calendar.
Rollovers, weekends and holidays
An increased margin rule also applies to some trading instruments during rollovers, weekends, and public holidays. These instruments during this period are subject to lower leverage.
Read more about the high margin requirements here.
Frequently asked questions
Forex, or foreign exchange, is the global marketplace for trading currencies. It involves the simultaneous buying of one currency while selling another. This market is one of the largest and most liquid financial markets in the world, where participants range from individual traders to large institutions.
The most popular forex currencies are the major currencies, which include the US Dollar (USD), Euro (EUR), Japanese Yen (JPY), British Pound (GBP), Australian Dollar (AUD), Canadian Dollar (CAD), Swiss Franc (CHF), and the New Zealand Dollar (NZD).
In forex, ‘Majors’ refer to widely traded currency pairs involving the USD, like EUR/USD or USD/JPY. ‘Minors’ or ‘Crosses’ are pairs that do not include the USD, like EUR/GBP. ‘Exotics’ are pairs involving one major currency and a currency from a smaller or emerging economy, like USD/SGD.
Yes, you can trade forex every day. The forex market operates 24 hours a day, five days a week, allowing traders to respond to global currency movements anytime during the business week.
To start forex trading, educate yourself about the forex market and trading principles. Open a trading account with a reputable forex broker, practice on a demo account, and then start trading with real money once you feel confident. It’s important to start with small investments and use risk management strategies.
Leverage in forex is a tool that allows traders to control larger positions with a smaller amount of actual trading funds. In forex trading, leverage is expressed as a ratio, such as 50:1, 100:1, or 500:1. It means that for every dollar of your own, you can trade $50, $100, or $500 worth of currency.
A pip, or “percentage in point,” is a unit of change in the exchange rate of a currency pair. To calculate pips, you need to take the difference between the opening and closing price of your trade and multiply it by the exchange rate. For most pairs, a pip is the fourth decimal place (0.0001).
A 0.01 lot size in forex trading, often referred to as a ‘micro lot,’ represents 1,000 units of the base currency. For example, in the EUR/USD pair, a 0.01 lot size would mean 1,000 euros.
Forex fees depend on the broker and can include spreads (the difference between the buying and selling price), commissions per trade, or a combination of both. Some brokers may also charge fees for account inactivity, withdrawal, or overnight positions (swap/rollover fees). It’s important to check and compare fee structures before choosing a broker.