RANGE OF MARKETS
FOREX
Commodities
INDICES
BONDS
DIGITALCURRENCY
STOCKS
FUTURES

Open 24 hours a day 5 days a week, the foreign exchange market is the largest and most liquid market in the world with volumes of over $4 trillion a day surpassing any exchange based market.

Foreign exchange trading involves trading one currency pair against another, predicting that one currency will rise or fall against another. Currencies are traded in pairs, like the Euro versus the US Dollar (EUR/USD).
Forex
Facts
Over 61 currency pairs
Tight spreads from 0.0 pips
Up to 1:400 leverage
Deep liquidity/div>
Trade 24 hours a day, five days a week
START TRADING

Forex Spreads

BKS Fintechoffers Forex traders some of the tightest spreads out of all Forex exchange brokers globally with our EUR/USD spread averaging 0.1 pips. Tight spreads combined with our low latency enterprise grade hardware makes BKS Fintech the ideal choice for active day traders and those using Expert Advisors. The table at the bottom of this page shows our minimum and average spreads across all of the major currency pairs.

How does Forex
Trading work?

Forex trading is similar to trading shares or futures except that when trading foreign exchange you are buying or selling one currency against another and you do not take delivery of the underlying currency. One of the key advantages Forex has over other financial instruments is that relatively small lot sizes can be traded - lot sizes can be as small as 1000 units (one micro lot). Typically, foreign exchange also involves leverage which in some cases can be as high as 1:1000, which is very different to trading shares where no leverage is involved.

Forex Trading Examples

The gross profit on your trade is calculated as follows:
Opening Price
€200,000 x 1.33623 = USD $267,246
Closing Price
€200,000 x 1.32129 = USD $264,258
Gross Profit on Trade
$2988
Opening the Position
The price of the Euro against the US Dollar (EUR/USD) is 1.33623/1.33624 and you decide to sell 2 standard lots (the equivalent of €200,000) at 1.33623.
Closing the Position
One week later the Euro has fallen against the US Dollar to 1.32128/1.32129 and you decide to take your profit by buying back 2 standard lots at 1.32129.

Spreads

Forex

Product ECN Account Standard Account
SYMBOL DESCRIPTION MINAVGMINAVG
AUDUSD Australian Dollar vs United States Dollar 0.10.170.60.77
EURUSD Euro vs United States Dollar 0.10.020.60.62
GBPUSD British Pound vs United States Dollar 0.10.230.60.83
USDCAD United States Dollar vs Canadian Dollar 0.10.250.60.85
USDCHF United States Dollar vs Swiss Franc 0.10.190.60.79
USDJPY United States Dollar vs Japanese Yen 0.10.140.60.74
Product ECN Account Standard Account
SYMBOL DESCRIPTION MINAVGMINAVG
AUDCAD Australian Dollar vs Canadian Dollar 0.10.6811.68
AUDCHF Australian Dollar vs Swiss Franc 0.10.4111.41
AUDJPY Australian Dollar vs Japanese Yen 0.10.511.5
AUDNZD Australian Dollar vs New Zealand Dollar 0.10.7711.77
CADCHF Canadian Dollar vs Swiss Franc 0.10.5811.58
CADJPY Canadian Dollar vs Japanese Yen 0.10.4811.48
CHFJPY Swiss Franc vs Japanese Yen 0.10.8611.86
EURAUD Euro vs Australian Dollar 0.10.811.8
EURCAD Euro vs Canadian Dollar 0.10.7411.74
EURCHF Euro vs Swiss Franc 0.10.6111.61
EURGBP Euro vs British Pound 0.10.2711.27
EURJPY Euro vs Japanese Yen 0.10.311.3
EURNZD Euro vs New Zealand Dollar 0.11.3212.32
GBPAUD British Pound vs Australian Dollar 0.11.0612.06
GBPCAD British Pound vs Canadian Dollar 0.11.1212.12
GBPCHF British Pound vs Swiss Franc 0.11.112.1
GBPJPY British Pound vs Japanese Yen 0.10.8211.82
GBPNZD British Pound vs New Zealand Dollar 0.11.9812.98
NZDCAD New Zealand Dollar vs Canadian Dollar 0.11.0412.04
NZDCHF New Zealand Dollar vs Swiss Franc 0.10.7311.73
NZDJPY New Zealand Dollar vs Japanese Yen 0.10.611.6
NZDUSD New Zealand Dollar vs United States Dollar 0.10.3811.38
Product ECN Account Standard Account
SYMBOL DESCRIPTION MINAVGMINAVG
AUDSGD Australian Dollar vs Singapore Dollar 0.10.9711.97
CHFSGD Swiss Franc vs Singapore Dollar 0.32.0513.05
EURDKK Euro vs Danish Kroner 1011.11112.11
EURHKD Euro vs Hong Kong Dollar 102.1713.17

Start Trading Now!

Start trading global markets today!

ACCESS GLOBAL MARKETS BY BKS APP