We offer execution in spot and forward foreign exchange currencies, OTC options and precious metals. Customers can deal forex via the online trading platform for maximum execution efficiency or via the 24 hour telephone dealing desk, which is open from Sunday to Friday.

In addition, a team of advisers, traders, researchers and market specialists provide you with research and analysis, 24-hours a day. Our team of technical analysts monitor the currency and precious metals markets throughout the global trading day. They provide updates and generate short-term trade recommendations directly via the trading platform, to ensure our clients are kept abreast of market activity and can take advantage of

Our target bid / ask spreads listed are the best possible target spreads used in normal market conditions. In quiet market conditions, the spread may be even narrower but in periods of volatile markets, the spread may be increased and autoexecution disabled. For certain categories of clients, the spreads may in general be wider by up to 2 pips. The spreads applicable to your account will be displayed in your trading platform.

 

Currency Pairs	Target Spread
EURUSD	2
USDJPY	3
USDCHF	3
GBPUSD	4
EURJPY	4
EURCHF	3
EURGBP	3
GBPJPY	7
USDCAD	4
AUDUSD	3

Forex is traded on margin enabling you to leverage a small margin deposit for a much greater market effect. Minimum margin rates for the swissDirekt standard forex account is:

 

CURRENCIES MARGIN NORMAL FX - Major AUD CAD CHF DKK EUR GBP JPY NOK NZD SEK USD 2%    FX - Minors CZK HUF PLN SGD THB ZAR MXN (HKD SKK TRL) 4% / 8%

Note: (margin rates are higher over the weekends Weekend margin rates apply from 18:00 on Friday to 19:00 on Sunday CET and on non-banking days).

You must maintain the margins listed in your account at all times. If the funds in your account fall below this margin, you will be subject to a margin call to either deposit more funds to cover your positions or close positions — normally you will be notified through our trading platform and via email. If your margin situation is not remedied, we may close positions on your behalf.

We are open for Forex trading:

from Monday 06:00 Sydney local time (currently Sunday 20:00 GMT)
to Friday 17:00 New York local time (currently Friday 21:00 GMT)

 

The minimum account is Euro 10.000 or equivalent.

Our team of technical analysts monitor the currency and precious metals markets throughout the global trading day. By analysing market developments, they provide updates and generate short-term trade recommendations to ensure our clients are kept abreast of market activity and can take advantage of opportunities as they arise. Trading alerts, commentary and charting tools are easily accessible via our trading platform, so clients can profit of the most up-to-date information.

 

 

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