What is Forex?

Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where the world buys and sells currency. The forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $5 trillion.

Advantages of trading Forex with DC

  • 25+ Currency Pairs – majors, minors pairs
  • Low spreads, starting from 0 pips
  • Leverage up to 100:1
  • Swap Free* available

Swap Free* available only for specific instruments

Details

InstrumentSize of 1 LotPip ValueSwap
(Long/Short)
AUDCAD
Australian Dollar / Canadian Dollar
100000 AUD 10 CAD -1.43/-1.08
AUDJPY
Australian Dollar / Japanese Yen
100000 AUD 1,000 JPY -1.09/-1.29
AUDNZD
Australian Dollar / New Zealand Dollar
100000 AUD 10 NZD -1.53/-1.01
AUDUSD
Australian Dollar / US Dollar
100000 AUD 10 USD Free
CHFJPY
Swiss Franc / Japanese Yen
100000 CHF 1,000 JPY -1.83/-0.48
EURAUD
Euro / Australian Dollar
100000 EUR 10 AUD -1.79/-0.66
EURCAD
Euro / Canadian Dollar
100000 EUR 10 CAD -1.97/-0.52
EURCHF
Euro / Swiss Franc
100000 EUR 10 CHF -1.18/-1.65
EURGBP
Euro / British Pound
100000 EUR 10 GBP Free
EURJPY
Euro / Japanese Yen
100000 EUR 1,000 JPY Free
EURNZD
Euro / New Zealand Dollar
100000 EUR 10 NZD -2.08/-0.47
EURUSD
Euro / US Dollar
100000 EUR 10 USD Free
GBPAUD
British Pound / Australian Dollar
100000 GBP 10 AUD -1.60/-1.64
GBPCAD
British Pound / Canadian Dollar
100000 GBP 10 CAD -1.79/-1.51
GBPCHF
British Pound / Swiss Franc
100000 GBP 10 CHF -1.08/-2.72
GBPJPY
British Pound / Japanese Yen
100000 GBP 1,000 JPY Free
GBPNZD
British Pound / New Zealand Dollar
100000 GBP 10 NZD -1.90/-1.47
GBPUSD
British Pound / US Dollar
100000 GBP 10 USD Free
NZDCAD
New Zealand Dollar / Canadian Dollar
100000 NZD 10 CAD -1.16/-1.33
NZDCHF
New Zealand Dollar / Swiss Franc
100000 NZD 10 CHF -0.23/-2.31
NZDJPY
New Zealand Dollar / Japanese Yen
100000 NZD 1,000 JPY -0.84/-1.54
NZDUSD
New Zealand Dollar / US Dollar
100000 NZD 10 USD Free
USDCAD
US Dollar / Canadian Dollar
100000 USD 10 CAD Free
USDCHF
US Dollar / Swiss Franc
100000 USD 10 CHF -0.54/-2.34
USDJPY
US Dollar / Japanese Yen
100000 USD 1,000 JPY Free
Trading Session (UTC+3)
InstrumentOpenCloseBreak
AUDCAD MON 00:01 FRI 23:57 --
AUDJPY MON 00:01 FRI 23:57 --
AUDNZD MON 00:01 FRI 23:57 --
AUDUSD MON 00:01 FRI 23:57 --
CHFJPY MON 00:01 FRI 23:57 --
EURAUD MON 00:01 FRI 23:57 --
EURCAD MON 00:01 FRI 23:57 --
EURCHF MON 00:01 FRI 23:57 --
EURGBP MON 00:01 FRI 23:57 --
EURJPY MON 00:01 FRI 23:57 --
EURNZD MON 00:01 FRI 23:57 --
EURUSD MON 00:01 FRI 23:57 --
GBPAUD MON 00:01 FRI 23:57 --
GBPCAD MON 00:01 FRI 23:57 --
GBPCHF MON 00:01 FRI 23:57 --
GBPJPY MON 00:01 FRI 23:57 --
GBPNZD MON 00:01 FRI 23:57 --
GBPUSD MON 00:01 FRI 23:57 --
NZDCAD MON 00:01 FRI 23:57 --
NZDCHF MON 00:01 FRI 23:57 --
NZDJPY MON 00:01 FRI 23:57 --
NZDUSD MON 00:01 FRI 23:57 --
USDCAD MON 00:01 FRI 23:57 --
USDCHF MON 00:01 FRI 23:57 --
USDJPY MON 00:01 FRI 23:57 --

Transaction Terms and Conditions

  • 1.Each Transaction will be given a bid price with spread based on live market price.
  • 2.Hectic Market Condition - a situation when the market is in volatile conditions. In this situation, the spread will be based on the conditions of the price movement as well as the quotation submitted by the Liquidity Provider. In some cases, the stop level will also be changed. What is meant by Hectic conditions if at least one of the situations below is met, and not caused by the wrong quote, as follows:
    a.Bid or Offer only one side.
    b.Spread between Bid and Offer is more than normal spread who settled by Liquid Provider.
    c.Political news, economic news, terrorism,natural disaster, etc. could make prices hectic then as usual.
  • 3.When Hectic Market, the ability to transact may be disrupted if the banks and market makers getting slow and do not set the prices, the company has a right to make spread widen according to market condition.
  • 4.Each Transaction will be limited by maximum 50 lots.

Wrong Quote

If there is a price error (wrong quote) on the system, the company has the right to cancel the transaction that occurs with or without the consent of the customer.

Important

Swaps values may be adjusted daily based on market conditions and rates provided by our Price Provider applicable to all open positions. Triple swaps are applied every Wednesday.
Server Times: Winter: GMT+2 and Summer: GMT+3 (DST) (last Sunday of March and ends last Sunday of October).
During the time period from 23:55 to 00:05 server time increased spreads and decreased liquidity can take place due to daily bank rollover. In case of inadequate liquidity/spreads during bank rollover, widened spreads and excessive slippage may occur. Therefore orders may not be executed during these times.

Calculating Forex Margin Requirements

Account Leverage: 100 : 1
Account base currency: USD
Position: Open 10 lots BUY EURUSD at 1.21745
Size of 1 Lot: 100,000 EUR
Maintenance Margin: 200USD per lot
Margin required is: Margin required is: 10*200USD=2,000 USD