The forex market is the largest financial market in the world. With over $5.5 trillion in daily trading volume, currency pair trading presents endless opportunities 24 hours a day, 5 days a week.

Forex market trading hours are from Sunday 22:05 to Friday 21:59 (GMT+0). However, the currency pairs below have their own specific trading hours:

• USDCNH, USDTHB: Monday 00:05 to Friday 21:59 (GMT+0)
• USDILS, GBPILS: Monday 06:00 to Friday 16:00 (GMT+0) (daily break 16:00-06:00)

All timings are in server time (GMT+0).

Learn more about trading hours in our Help Center.

Spreads are always floating. Because of this, the spreads in the above table are averages based on the previous trading day. For live spreads, please refer to the trading platform.

Please note that spreads may widen when the markets experience lower liquidity, including rollover time. This may persist until liquidity levels are restored.

Our lowest spreads are on the Zero account and remain fixed at 0.0 pips for 95% of the time. These instruments are marked with an asterisk in the table.

Swap is the interest that is applied to all forex trading positions that are left open overnight. Swaps occur at 21:00 GMT+0 each day, excluding the weekend, until the position is closed. To help you estimate your swap costs, you can use our handy EXUFX calculator. Positions held overnight may incur swap fees. To account for weekend rollover, a triple swap is applied each Wednesday on positions across all forex pairs. For USDCAD, this triple swap is applied on Thursday instead.

Swap values may be updated on a daily basis. If you are a resident of a Muslim country, all accounts are automatically swap-free.

The margin requirement for your account is tied to the amount of leverage you use. Changing leverage will cause margin requirements to change. Just as spreads may change depending on market conditions, the amount of leverage available to you can also vary. You can read more about the changes in margin requirements in the FAQ section below.

Margin requirements for exotic currency pairs always remain fixed, regardless of the leverage you use. The margin for these instruments is held in accordance with the instruments' margin requirements and is not affected by the leverage on your account.

Please note that the stop level values in the table above are subject to change and may not be available for traders using certain trading strategies or Expert Advisors.