Forex

The Forex market is the world’s largest market, with a volume of over $1.5 trillion a day worldwide*. Foreign exchange trading means pairing one currency against the other, predicting which one will rise or call against the other.

Account Types

Whether you’re an advanced trader or trying it for the first time, ZERO Markets has an account that’s right for you.

Standard Account Super Zero Account
Minimum Opening Balance
$ 200 AUD or equivalant $ 1000 AUD or equivalent
Spreads
From 1.0 pips From 0.0 pips
Instruments
50+ FX pairs, metals, Indices, Commodities 50+ FX pairs, metals, Indices, Commodities
Maximum Leverage
500:1 500:1
Execution
STP-Pricing ECN-Pricing
Commission per Lot
Zero AUD $3.5 per $100,000
Minimum Trade Size
0.01 Lot 0.01 Lot
EA’s
Yes Yes
Mobile App
Yes Yes
VPS Available
Yes Yes

Overview of Forex Products

Zero offers a tremendous trading experience to forex traders worldwide. Our superior execution and lowest possible trading costs are particularly attractive to clients. We also provide a comprehensive product suite to meet all trading needs. Our product portfolio includes 70+ currency pairs, precious materials, commodities such as natural gas and oil and a wide range of major indices to trade across all Zero platforms.

Forex Trading

Zero established its operations to be a specialist forex broker. Our biggest edge is providing competitive prices for forex traders around the world. With spreads starting from 0.0 pips on EURUSD, USDJPY, AUDUSD, GBPUSD and other major pairs – clients always end up with lower overall trading costs when trading with Zero. We also place huge importance on high-quality execution, low latency, with flexible leverage up to 500:1 and a trustworthy infrastructure of trading.

LEVERAGE

Leverage is one of the driving forces behind trading Forex. It can be exercised in the form of a ratio and works directly with the margin decided by Zero. The standard leverage of Zero accounts is 1:100, therefore if you wish to have greater leverage such as 200:1, the margin needed to open and get hold of a Margin FX contract declines to half in this case. This is the reason why clients find it feasible to opt for margin based trading which allows them to gain increased exposure to the Forex market. In addition to the greater profit, you will also be exposed to losing more in order to evaluate your personal risk.

At Zero, we offer particular leverage bands to help you determine the amount of leverage you are allowed on your trading account.

Example of how leverage works

If you want to check your leverage in MT4 and MT5, go to the navigator and click on ‘Accounts’. Hover your cursor over your account number and you should see your leverage and base currency.

 Product Maximum leverage Margin Requirement
FX 1:500 0.2%
Precious Metal
1:500 0.2%
Commodity & Index
1:100 1%
BitCoin 1:10 10%

SPREADS

In Zero’s MT4 and MT5 Platform, spreads are variable. The quotes displayed on the platform are from renowned global financial institutions. The leading spreads of the forex sector during liquid times may come close to 0.0 pips. Mentioned below are some of our typical spreads.

SWAP RATES

Forex Swap Rate (also known as Rollover Rate) is defined as the difference between the overnight interest rate of two currencies. The rate is used for payment or charging on an open position. The market conditions and the long-term/short-term nature of the trading also affect the forex swap rate.

Significant Characteristics of Forex Swap Rate

  • The swap rate is calculated at midnight on a daily basis.
  • The value of a swap rate may be positive or negative, and the rate is represented in points. The rate is also influenced by the interest rates of the two currencies involved.
  • Only open positions are considered for calculating swap rates at midnight. The only exception is Wednesday when the swap is charged three times the rate. It is aimed at balancing the effects of the weekend.
  • To view the latest swap rates, in your MT4 and MT5 client terminal, select the Market Watch panel.

Right-click the panel and select the ‘Symbols’ option. Select the desired Forex Pair and then click Properties

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