Forex CFD
Forex CFD trading at top conditions with Trive
Trade all important Forex majors, minors, and exotics with leverage at top conditions. Choose from various trading platforms and trade via app, desktop, or mobile. Benefit from comprehensive CFD trading tools, advanced chart analysis functions, and low spreads for successful forex trades.
Trade CFDs in all currency pairs
Majors, minors, and exotics
Forex CFD trading
Trade with low spreads
Fast execution of trades
Millisecond-accurate order execution
Best CFD trading platforms on the market
Trive Trader, MetaTrader 5, and MetaTrader 4
Forex CFD Spreads & Conditions
Major
EURUSD
0,5
-7,5
1,1
GBPUSD
0,7
-4,1
-1,9
USDJPY
1
7,5
-35,9
USDCAD
1,3
-2,1
-5,7
USDCHF
1,1
0,25
-9.88
AUDUSD
1,1
-3,9
-0,01
NZDUSD
1,1
-1,77
-1,44
Minor
EURGBP
1,2
-5,65
1,2
EURCHF
1,8
1,2
-5,78
GBPCHF
2,6
0,32
-11,84
EURAUD
2,2
-5
1
GBPAUD
3
0
-4,37
AUDCAD
2
-3
0
AUDNZD
2,5
-5,55
-6,85
Crosses
EURJPY
1,8
4,8
-29,5
EURCAD
2,6
-9,5
-2,3
GBPJPY
2,3
8,3
-43,9
CADJPY
1,5
6,3
-21,5
AUDJPY
2
2,8
-9,7
GBPCAD
3
-3
0
EURNZD
3
-17,8
-4,1
CHFJPY
2,7
-2,1
-18,3
GBPNZD
5,4
-5
0
NZDJPY
2,1
5,85
-20,9
CADCHF
2,2
0,34
-8,49
NZDCHF
2
2,88
-8,21
NZDCAD
2,7
0
-2,24
Exotics
USDMXN
40
-640,8
-240,45
USDCNH
6,2
-75,4
-95,8
EURCNH
18,4
0
-50
USDZAR
321
-207,89
81,32
USDSGD
3,1
0
-6
USDTRY
150
-2500
300
EURTRY
120
-2600
400
USDPLN
150
-30
9
About Forex CFD trading
Foreign Exchange Market
The foreign exchange market, also known as Forex or FX, is the buying and selling of currencies on the global market. The most well-known single currencies include the US Dollar (USD), the Euro (EUR) and the British Pound (GBP).
Political and economic stability: Uncertainty around government policies, elections, or economic conditions can lead to currency volatility.
Investor sentiment: Shifts in market sentiment and risk appetite can cause currency pairs to fluctuate.
What is the difference between a market order and a limit order in CFD Forex trading?
A market order is executed at the current market price, ensuring immediate order fulfillment but potentially receiving a less favorable price.
A limit order specifies a target price at which you are willing to buy or sell. This allows you to control the entry or exit price, but your order may not be filled if the market price does not reach your limit.
What is the difference between a long and short position in CFD Forex trading?
When you open a long (buy) position, you are trading expecting that the base currency in a currency pair will appreciate relative to the quote currency. If the base currency gains value, your long position will generate a profit.
When you open a short (sell) position, you are trading expecting speculating that the base currency will depreciate relative to the quote currency. If the base currency loses value, your short position will generate a profit.
Let's break down a basic fee calculation for client trading EURUSD, considering the spread and potential swap fees.
Scenario:
Currency Pair: EURUSD (Euro vs. US Dollar)
Spread: 1.2 pips
Trade Size: 1 Standard Lot (100,000 units of the base currency, EUR in this case)
Account Currency: USD (fees will be calculated and shown in USD)
Direction: Buy EURUSD (going long)
Swap Rates (Hypothetical): Let's assume the following swap rates (expressed per lot):
Long (Buy) EURUSD: -$5.00 (you pay this amount to hold the position overnight)
Short (Sell) EURUSD: +$3.00 (you receive this amount to hold the position overnight)
Entry Price: 1.0750
Calculations:
Spread Cost:
A pip is typically the fourth decimal place (0.0001) for most currency pairs.
Spread in decimal form: 1.2 pips = 0.00012
Spread cost per lot = Spread in pips * trade size = 0.00012 * 100,000 = 12 EUR
Convert EUR to USD at the entry price: 12 EUR * 1.0750 = $12.90
Swap Fee (Overnight Holding Cost):
Since the trader is buying EURUSD (going long) in this example, we use the long swap rate.
Swap fee per night = -$5.00 (This will be debited from the account balance each night the trade is held). This assumes the trade is held past the broker's cut-off time for calculating swaps (typically around 5 PM New York time).
Total Fees (Example):
Initial Trade Cost (Spread): $12.90
Overnight Holding Cost (per night): $5.00
Summary:
The client immediately pays $12.90 in spread when opening a 1 lot EURUSD trade at 1.0750
If the client holds the position overnight, they will be charged $5.00 each night until the position is closed.
Important Considerations:
Swap rates fluctuate: Swap rates are not fixed. They change based on interest rate differentials between the two currencies and broker's policies. Always check the current swap rates on your trading platform.
Currency Conversion: Brokers typically handle the currency conversion automatically.
Commission: Some brokers offer accounts with tighter spreads but charge a commission per trade. This example does not include commission.
Other Fees: Be aware of potential inactivity fees, deposit/withdrawal fees, or other charges that your broker may apply.
Weekend Swaps: Most brokers charge three days' worth of swap fees on Wednesday/Friday to account for the weekend.
This example should give you a clear understanding of how basic Forex fees are calculated. Always check your broker's specific terms and conditions.
FAQ
Trading Platforms
Trive Trader
Trive comes with a strong promise: to make global markets reachable through a customer-friendly and easy-to-navigate trading and investment experience.
MetaTrader 4
Access the MT4 trading platform with Trive from your mobile or desktop and take advantage to trade with us.
MetaTrader 5
The latest version of the most popular trading platform in the world: MT5 offers everything a full-fledged and flexible trader needs.
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