Trade Price Movements in Both Directions.
Access the Forex Market 24/5.
Test Your Strategy Even with a Small Deposit.
Take advantage of tight spreads starting from just $0.06.
Open positions worth $30 000 with just a $1 000 deposit.
Your orders are executed automatically with no requotes.
EURUSD
GBPUSD
USDJPY
USDCHF
EURGBP
Commissions/Fees | NO |
Spread | from 0.6 pips |
Min. trading volume | 1 000 currency units (0.01 lot) |
Margin requirements | starting from 0.25% (1:400) |
Automatic execution | YES |
Hedging without margin | YES |
Long/Short positions | YES |
Stop/Limit restrictions | NO |
Experts | YES |
Real-time quotes | YES |
Benchmark offers spot forex trading through its MetaTrader 4 and 5 platforms from 21:02 GMT on Sunday to 20:58 GMT on Friday.
FX trading has a daily pause between 20:58 and 21:02 GMT. During that period FX quotes will not be active for trading. This 4-minute pause in trade is made because in this time the liquidity is extremely low.
BenchMark applies different margins and stop-out conditions according to the client's categorization as retail or professional and the amount of the equity on the client's trading account. You can change your margin group by sending a request trough the client area. The conditions for each individual group are described in the table below:
Margin group | Client's equity | Margin (leverage) | Stop-out level |
Retail | Not applicable | from 3.34% (1:30) | 50% |
Professionals group 1 | <10 000 €/$ | 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% |
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.