In line with our core purpose of providing traders with low cost access to global markets through market leading pricing and execution, we go directly to the interbank market to roll our clients positions, to offer more competitive overnight financing rates.
A swap is interest paid or received for holding a position over rollover/end of day. On a currency pair interest is paid on the currency sold and received on the currency bought. In addition, swap rates are driven by the interbank spread and cross currency basis.
Swap charges are released on a daily basis by financial institutions that we work with. They are calculated based on the charges we incur to roll the positions in the market. The swap charge is measured on a standard size of 1.0 lot.
Keep in mind that Wednesday is a triple swap day for FX pairs. This is due to the markets being closed on Saturday and Sunday.
The financing fee is the cost you pay to hold a position on CFD trades.
It helps traders gain access to leveraged products while only having to pay an initial margin to open the position. As such, the financing fee reflects the cost of borrowing or lending the asset(s) which relate to your position(s). In addition, if dividends are paid out on the relevant index, then long positions will receive a positive adjustment, while short positions will receive a negative adjustment.
Please keep in mind that Friday is a triple fee day for CFDs.
Trade Cryptocurrencies, Metals, Commodities, Indices, Digital Currencies, Bonds & Shares.
ECN | STP | NDD. Providing market leading pricing and execution is our #1 purpose.
Trade with confidence knowing that you're getting
spreads from 0.0 Pips.
Modest leverage gives traders the best chance of successful trading the markets.
Deposit funds in 6 base currencies: USD, AUD, GBP, EUR, CAD & SGD. Multiple Options.
Margin Call @ 120% margin Level. Margin Stop Out @ 100% margin Level.
Trade from 0.01 Lots.
$0.10/point on Indices & 10c/point on FX + Metals.
Trade up to 1000 Lots.
Scalper, HFT, news trader and EA friendly.
Open a trading account from A$ 200 or equivalent in supported currencies.
Individual, Joint, Corporate and Trust ECN trading accounts available.
Trade in AUD, USD, EUR, GBP, SGD or CAD.
Your choice!
$7 USD/lot
or Trade Commission Free.
Save on your trading costs.
Electronic Communications Networks or ‘ECNs’ are off-exchange execution venues which allow market participants to trade with a range of counterparties anonymously. They are the main trading venues for OTC markets such as Foreign Exchange and Metals.
This basically means ECNs provide the technology and venue for price makers aka ‘liquidity providers’ to distribute their liquidity. Price takers (traders) can see these prices and execute trades against them. The ECN is therefore responsible for prices/quotes and the execution of orders.
See our ECN page for a detailed overview of the Flexiblefxtrade ECN offering.
The swap rate that we provide to traders on Crypto and Metals is determined primarily by the interbank interest rates, taking into account other factors such as the interest rate differential between currencies and liquidity in overnight funding markets.
Flexiblefxtrade’s Swap rates are derived from the interbank forex market. This enables us to provide extremely competitive swap rates.
Swaps are accumulated by leaving positions open past roll over or 5pm NYC EST/EDT. Swaps will be added/subtracted to open positions, affecting the unrealised net trading profit and loss. Swaps are realised once the positions are closed.
Our swap rates are updated once to twice a week.
We do not provide historical data.
FX: Pip value X Swap rate in points X exchange rate (if different to account currency)
Example: 0.24 lots AUDUSD (pip value = USD$2.40). Swap rate: 8.34.
Calculation: USD$2.40 X 0.834 = USD$2.00 (rounded from USD$2.0016)
CFD: Lot size x Swap fee (charged in underlying product currency/Margin currency)
Example: NAS100, long swap = -0.89
Calculation: 1 lot X 0.89 = USD89 cents
Commission FreeOur new lowest fee model. Trade EURUSD from 0.4 pips round turn with no added commissions Apply Now | Spreads + CommissionTraditional ECN fee model with spreads from 0.0 pips and $7/lot commission. Apply Now | |
---|---|---|
Spread From | 0.4 Pips | 0.0 Pips |
Commission | $0 | $7 per round turn lot |
Starting Deposit | $200 | $200 |
Platforms | MT4, TraderEvolution, TradingView | MT4, TraderEvolution, TradingView |
Server Location | New York | New York |
Execution speeds from | 1ms | 1ms |
Micro lot trading(0.01) | ||
100+ Markets | 100+ Markets FX, Indices, Commodities, Digital Currencies, Shares, Bonds | 100+ Markets FX, Indices, Commodities, Digital Currencies, Shares, Bonds |
One Click Trading | ||
Trading Styles Allowed | All | All |
Order Distance Restriction | None | None |
Suitable For | All Traders | All Traders |
Make managing your trades faster, easier and more convenient.
Wherever you are.
Spreads From
Execution From
Trade Markets
Deposit & Withdrawal
Fund your account with over 15+ instant deposit methods. AUD, EUR, GBP, JPY, SGD or USD - save on conversions!
Trade directly from charts using your TraderEvolution account - easy!