Trading conditions

Why Trade Forex?

BUY/SELL

Go Long or Short

Trade Price Movements in Both Directions.

Възможности

Discover More Opportunities

Access the Forex Market 24/5.

Достъпна

Minimal Trading Volumes

Test Your Strategy Even with a Small Deposit.

 

wtired

Excellent Spreads

Take advantage of tight spreads starting from just $0.06.

buysellred

1:30 Leverage

Open positions worth $30 000 with just a $1 000 deposit.

pipsred

Automatic Execution

Your orders are executed automatically with no requotes.

Popular Trading Instruments

eurusd

EURUSD

gbpusd

GBPUSD

usdjpy

USDJPY

usdchf

USDCHF

eurgbp

EURGBP

 

Commissions/Fees NO
Spread from 0.6 pips
Min. trading volume 1 000 currency units (0.01 lot)
Margin requirements starting from 0.25% (1:400)
Automatic execution YES
Hedging without margin YES
Long/Short positions YES
Stop/Limit restrictions NO
Experts YES
Real-time quotes YES

Forex trading hours

Benchmark offers spot forex trading through its MetaTrader 4 and 5 platforms from 21:02 GMT on Sunday to 20:58 GMT on Friday.

FX trading has a daily pause between 20:58 and 21:02 GMT. During that period FX quotes will not be active for trading. This 4-minute pause in trade is made because in this time the liquidity is extremely low.

Margin groups

BenchMark applies different margins and stop-out conditions according to the client's categorization as retail or professional and the amount of the equity on the client's trading account. You can change your margin group by sending a request trough the client area. The conditions for each individual group are described in the table below:

Margin group Client's equity Margin (leverage) Stop-out level
Retail Not applicable from 3.34% (1:30) 50%
Professionals group 1 <10 000 €/$ from 0.25% (1:400) 30%
Professionals group 2 10 000 – 50 000 €/$ from 0.50% (1:200) 30%
Professionals group 3 50 000 – 200 000 €/$ from 1% (1:100) 30%
Professionals group 4 >200 000 €/$ from 2% (1:50) 50%
  • Switching from one margin group to another is not automatic. When switching to a higher group (increased client's equity), the client is notified of the change via a platform message or by a phone call. If client has more than one account, the margin group is applied on the basis of the sum of client's equity in all client's accounts in MetaTrader 4 and 5 platforms.
  • BenchMark is not responsible for the stop-out of positions due to a transition to a higher group. It is client's duty to maintain a sufficient level of free margin to withstand the transition to a higher group.
  • If client's equity becomes lower and this allows client's account to be moved to a lower group, the client must notify BenchMark that he/she is eligible to move to a lower group.

Forex trading conditions

This table shows the required margins, spreads and minimum volumes for each of the currency pairs. Column Margin changes with the selected group. The values listed in the Average spread column are indicative and may vary depending on market conditions.