Access the global forex market and trade the world’s most popular currency pairs with ultra-low spreads, available exclusively at Fortuno Markets.
Forex market trading hours is from Sunday 21:05 to Friday 20:59, however, some currency pairs have their own trading hours.
All timings are in server time (GMT+0).
Learn more about trading hours in our Help Center.
Spreads are always floating. For live spreads, please refer to the trading platform.
Please note that spreads may fluctuate and widen due to factors including market volatility, lower liquidity, news releases, economic events, rollover time, and the type of instruments being traded.
Our lowest spreads are on Premium account and remain fixed at almost 0.0 pips for 90% of the time.
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 check the “info” tab on Fortuno Terminal trading platform. 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.
Swap values may be updated on a daily basis. If you are using a swap-free account, all major forex pairs are automatically swap-free.
Margin requirements are tied to the rate of leverage you use. Changing your leverage will cause margin requirements on Major Forex pairs (EURUSD, GBPUSD, AUDUSD, USDCHF, USDJPY) to change. Just as spreads change depending on conditions, the leverage available to you can also vary. You can read more about the changes in margin requirements in the FAQ section below.
Major Forex Pairs refer to EURUSD, GBPUSD, AUDUSD, USDCHF, USDJPY.
Margin requirements are fixed at 1:500 leverage for minor currency pairs and 1:50 leverage for exotic currency pairs, regardless of the account leverage.
Minor Forex Pairs refer to all currency pairs except what is mentioned in the Major and Exotics Forex Pairs.
Exotic Forex Pairs refer to EURNOK, EURPLN, EURSEK, EURTRY, USDHKD, USDMXN, USDNOK, USDPLN, USDRUB, USDSEK, USDSGD, USDTRY, USDZAR.
Please note that the 50% stop level values are subject to change and may not be available for traders using certain trading strategies.
Forex, short for foreign exchange, is a decentralized global market where currencies are traded. One of the key advantages of forex trading is that it allows individuals and institutions to seize trading opportunities on currency volatility. This is because the value of currencies is constantly changing in response to various economic and geopolitical factors, such as interest rates, inflation, political instability, and natural disasters.
By trading Forex CFDs, individuals can buy and sell currencies with the aim of making a profit from the difference in exchange rates. For example, if you believe that the value of the US Dollar will increase against the Euro, you can buy US Dollars with Euros at the current exchange rate. If your prediction is correct and the value of the US Dollar does increase, you can sell your US Dollars for more Euros than you originally paid, making a profit.
Forex trading also offers several other advantages, such as leveraged trading, high liquidity, low transaction costs, and the ability to trade 24 hours a day, five days a week. You can choose between the MT4 and MT5 platforms and the Fortuno Markets App to start trading Forex.
Fortuno Markets has created a dedicated page on What Forex Trading is.
Traders need to stay up to date with economic news and events that can affect currency prices. You can find out when major economic news is due for release on our Economic calendar.
Before trading, study basic forex strategies and learn how to analyze currency markets properly. Then, open an Fortuno Live or Demo Account and choose your trading platform. Lastly, select your currency pair and open your first position.
Some of the most traded Forex pairs are:
These currency pairs are referred to as major currency pairs, and they account for more than 80% of the daily trading volume in the Forex market.
At Fortuno Markets, we offer multiple account types to suit the specific requirements of different traders. Whatever your trading strategy, level of funding or appetite for risk, there is an account to match your needs. Please, check our Accounts Page for more information.
The Forex market is open 24 hours a day, five days a week and traded online with price quotes changing constantly. There are generally four main trading sessions:
Both the Sydney and Tokyo sessions are customarily referred to as Asian sessions. This is why Forex is usually referred to as the 3-session market: Asian, London, and New York. Trading hours may vary depending on the currency pair you wish to trade.
Account leverage only affects instruments with dynamic margin requirements. Some instruments have fixed margin requirements, which remain unchanged regardless of the account leverage.
Dynamic margin requirements apply to specific instruments such as:
- Metals (XAUUSD, XAGUSD)
- Major Forex (EURUSD, GBPUSD, AUDUSD, USDCHF, USDJPY)
Fixed margin requirements apply to instruments such as:
- Minor Forex
- Exotic Forex
- Cryptocurrencies
- Commodities (energies and some metals)
- Stocks
- Indices
For these instruments, the margin depends on the specific symbol and is unaffected by leverage, including unlimited leverage.
The Fortuno App is available on Android and can be downloaded for free from the Google Play.
When important news is released, significant volatility and gaps can occur. Using high leverage in a highly volatile market is risky because sudden movements can result in larger losses. That’s why we cap leverage at 1:200 during news releases for all new positions for instruments impacted.
In cases when these intervals of increased margin requirements for different news releases are less than 15 minutes apart, these periods may be merged into one long period for the instruments involved. You’ll receive an email from us giving you full details of changes to margin requirements on your trading platform.
When the specified period has passed, the margin on positions opened during the period is recalculated based on the amount of funds in the account and the selected leverage value.
An increased margin rule also applies to all forex trading that happens during weekends.
Margin requirements for the opening of new positions will be calculated on a maximum leverage of 1:200 from Friday at 18:00 GMT (three hours before the forex market closes) to Monday at 00:00 GMT (three hours after the market opens).
Three hours after the market opening, the margin on positions opened during the period of increased margin requirements is recalculated based on the amount of funds in your account and the leverage you’ve set.
