TRADING INSTRUMENTS
FOREX
FOREX TRADING
Trade on 50+ FX pairs and benefit from our tight spreads, deep order-book and fast order execution. Find your edge in the world's largest market with our tailored FX trading conditions.
The Benefits of Forex:
- Raw spreads from 0.0 pips
- 24/5 trading
- No hidden fees
- Deep liquidity, no requotes
- 50+ currency pairs
Instrument Specifications
| Instrument | Avg. Spread
pips |
Commission side/lot |
Margin Requirements max leverage (1:500) |
Contract Size per lot |
Minimum Tick Size | Long Swap points |
Short Swap points |
|---|---|---|---|---|---|---|---|
| AUDCAD | 2.7 | $0 | 0.20% | 100,000 | 0.00001 | -6.56 | 0.1 |
| AUDCHF | 2.4 | $0 | 0.20% | 100,000 | 0.00001 | 3.43 | -8.7 |
| AUDJPY | 2.6 | $0 | 0.20% | 100,000 | 0.001 | 11.84 | -21.79 |
| AUDNZD | 2.4 | $0 | 0.20% | 100,000 | 0.00001 | -10.11 | 1.02 |
| AUDUSD | 1.8 | $0 | 0.20% | 100,000 | 0.00001 | -5.95 | 1.15 |
| CADCHF | 2.2 | $0 | 0.20% | 100,000 | 0.00001 | 5.4 | -10.62 |
| CADJPY | 2.4 | $0 | 0.20% | 100,000 | 0.001 | 15.1 | -24.91 |
| CHFJPY | 4.5 | $0 | 0.20% | 100,000 | 0.001 | 3.43 | -11 |
| EURAUD | 2.7 | $0 | 0.20% | 100,000 | 0.00001 | -5.58 | -1.32 |
| EURCAD | 2.6 | $0 | 0.20% | 100,000 | 0.00001 | -7.85 | 2.11 |
| EURCHF | 2.3 | $0 | 0.20% | 100,000 | 0.00001 | 2.75 | -7.09 |
| EURGBP | 2.3 | $0 | 0.20% | 100,000 | 0.00001 | -5.03 | 1.59 |
| EURJPY | 2.5 | $0 | 0.20% | 100,000 | 0.001 | 10.73 | -19.18 |
| EURNOK | 145 | $0 | 0.20% | 100,000 | 0.00001 | -34.84 | -17.71 |
| EURNZD | 3.9 | $0 | 0.20% | 100,000 | 0.00001 | -11.69 | 3.48 |
| EURPLN | 50 | $0 | 0.20% | 100,000 | 0.00001 | -57.42 | 23.1 |
| EURSEK | 70 | $0 | 0.20% | 100,000 | 0.00001 | -31.59 | -29.84 |
| EURTRY | 301 | $0 | 0.20% | 100,000 | 0.00001 | -2913.34 | -1109.43 |
| EURUSD | 1.6 | $0 | 0.20% | 100,000 | 0.00001 | -6.91 | 2.66 |
| GBPAUD | 3.4 | $0 | 0.20% | 100,000 | 0.00001 | 0.8 | -8.3 |
| GBPCAD | 3.1 | $0 | 0.20% | 100,000 | 0.00001 | -2.08 | -3.55 |
| GBPCHF | 2.9 | $0 | 0.20% | 100,000 | 0.00001 | 5.83 | -11.11 |
| GBPJPY | 2.5 | $0 | 0.20% | 100,000 | 0.001 | 15.73 | -25.69 |
| GBPNZD | 3.2 | $0 | 0.20% | 100,000 | 0.00001 | -4.63 | -3.26 |
| GBPUSD | 1.9 | $0 | 0.20% | 100,000 | 0.00001 | -2.6 | -1.34 |
| NZDCAD | 1.8 | $0 | 0.20% | 100,000 | 0.00001 | -1.93 | -4.51 |
| NZDCHF | 2.3 | $0 | 0.20% | 100,000 | 0.00001 | 5.92 | -11.73 |
| NZDJPY | 2.5 | $0 | 0.20% | 100,000 | 0.001 | 15.87 | -26.71 |
| NZDUSD | 1.8 | $0 | 0.20% | 100,000 | 0.00001 | -2.48 | -2.06 |
| SGDJPY | 7 | $0 | 0.20% | 100,000 | 0.001 | 0.12 | -15.88 |
| USDCAD | 1.8 | $0 | 0.20% | 100,000 | 0.00001 | -1.06 | -4.2 |
| USDCHF | 1.6 | $0 | 0.20% | 100,000 | 0.00001 | 6.3 | -11.53 |
| USDCNH | 20 | $0 | 0.20% | 100,000 | 0.00001 | 25.52 | -100.62 |
| USDHKD | 12 | $0 | 0.20% | 100,000 | 0.00001 | -7.96 | -7.23 |
| USDJPY | 1.8 | $0 | 0.20% | 100,000 | 0.001 | 16.62 | -26.38 |
| USDMXN | 180 | $0 | 0.20% | 100,000 | 0.00001 | -396.8 | 152.02 |
| USDNOK | 91 | $0 | 0.20% | 100,000 | 0.00001 | 9.02 | -69.09 |
| USDPLN | 41 | $0 | 0.20% | 100,000 | 0.00001 | -40.99 | 6.4 |
| USDSEK | 47 | $0 | 0.20% | 100,000 | 0.00001 | 18.15 | -83.6 |
| USDSGD | 6.8 | $0 | 0.20% | 100,000 | 0.00001 | -7.95 | -27.21 |
| USDTRY | 90 | $0 | 0.20% | 100,000 | 0.00001 | -2775.34 | -1246.12 |
| USDZAR | 17 | $0 | 0.20% | 100,000 | 0.0001 | -23.86 | 6 |
| Instrument | Avg. Spread
pips |
Commission side/lot |
Margin Requirements max leverage (1:500) |
Contract Size per lot |
Minimum Tick Size | Long Swap points |
Short Swap points |
|---|---|---|---|---|---|---|---|
| AUDCAD | 1.3 | $3.5 | 0.20% | 100,000 | 0.00001 | -6.56 | 0.1 |
| AUDCHF | 0.9 | $3.5 | 0.20% | 100,000 | 0.00001 | 3.43 | -8.7 |
| AUDJPY | 1.5 | $3.5 | 0.20% | 100,000 | 0.001 | 11.84 | -21.79 |
| AUDNZD | 1.2 | $3.5 | 0.20% | 100,000 | 0.00001 | -10.11 | 1.02 |
| AUDUSD | 0.5 | $3.5 | 0.20% | 100,000 | 0.00001 | -5.95 | 1.15 |
| CADCHF | 1 | $3.5 | 0.20% | 100,000 | 0.00001 | 5.4 | -10.62 |
| CADJPY | 0.9 | $3.5 | 0.20% | 100,000 | 0.001 | 15.1 | -24.91 |
| CHFJPY | 3.1 | $3.5 | 0.20% | 100,000 | 0.001 | 3.43 | -11 |
| EURAUD | 1.2 | $3.5 | 0.20% | 100,000 | 0.00001 | -5.58 | -1.32 |
| EURCAD | 1.2 | $3.5 | 0.20% | 100,000 | 0.00001 | -7.85 | 2.11 |
| EURCHF | 0.9 | $3.5 | 0.20% | 100,000 | 0.00001 | 2.75 | -7.09 |
| EURGBP | 0.9 | $3.5 | 0.20% | 100,000 | 0.00001 | -5.03 | 1.59 |
| EURJPY | 1.2 | $3.5 | 0.20% | 100,000 | 0.001 | 10.73 | -19.18 |
| EURNOK | 71 | $3.5 | 0.20% | 100,000 | 0.00001 | -34.84 | -17.71 |
| EURNZD | 1.6 | $3.5 | 0.20% | 100,000 | 0.00001 | -11.69 | 3.48 |
| EURPLN | 26 | $3.5 | 0.20% | 100,000 | 0.00001 | -57.42 | 23.1 |
| EURSEK | 43 | $3.5 | 0.20% | 100,000 | 0.00001 | -31.59 | -29.84 |
| EURTRY | 242 | $3.5 | 0.20% | 100,000 | 0.00001 | -2913.34 | -1109.43 |
| EURUSD | 0.3 | $3.5 | 0.20% | 100,000 | 0.00001 | -6.91 | 2.66 |
| GBPAUD | 2.8 | $3.5 | 0.20% | 100,000 | 0.00001 | 0.8 | -8.3 |
| GBPCAD | 1.4 | $3.5 | 0.20% | 100,000 | 0.00001 | -2.08 | -3.55 |
| GBPCHF | 1.5 | $3.5 | 0.20% | 100,000 | 0.00001 | 5.83 | -11.11 |
| GBPJPY | 1 | $3.5 | 0.20% | 100,000 | 0.001 | 15.73 | -25.69 |
| GBPNZD | 1.5 | $3.5 | 0.20% | 100,000 | 0.00001 | -4.63 | -3.26 |
| GBPUSD | 0.5 | $3.5 | 0.20% | 100,000 | 0.00001 | -2.6 | -1.34 |
| NZDCAD | 1.1 | $3.5 | 0.20% | 100,000 | 0.00001 | -1.93 | -4.51 |
| NZDCHF | 1 | $3.5 | 0.20% | 100,000 | 0.00001 | 5.92 | -11.73 |
| NZDJPY | 1.4 | $3.5 | 0.20% | 100,000 | 0.001 | 15.87 | -26.71 |
| NZDUSD | 0.4 | $3.5 | 0.20% | 100,000 | 0.00001 | -2.48 | -2.06 |
| SGDJPY | 3 | $3.5 | 0.20% | 100,000 | 0.001 | 0.12 | -15.88 |
| USDCAD | 0.4 | $3.5 | 0.20% | 100,000 | 0.00001 | -1.06 | -4.2 |
| USDCHF | 0.4 | $3.5 | 0.20% | 100,000 | 0.00001 | 6.3 | -11.53 |
| USDCNH | 9 | $3.5 | 0.20% | 100,000 | 0.00001 | 25.52 | -100.62 |
| USDHKD | 5 | $3.5 | 0.20% | 100,000 | 0.00001 | -7.96 | -7.23 |
| USDJPY | 0.5 | $3.5 | 0.20% | 100,000 | 0.001 | 16.62 | -26.38 |
| USDMXN | 90 | $3.5 | 0.20% | 100,000 | 0.00001 | -396.8 | 152.02 |
| USDNOK | 50 | $3.5 | 0.20% | 100,000 | 0.00001 | 9.02 | -69.09 |
| USDPLN | 18 | $3.5 | 0.20% | 100,000 | 0.00001 | -40.99 | 6.4 |
| USDSEK | 22 | $3.5 | 0.20% | 100,000 | 0.00001 | 18.15 | -83.6 |
| USDSGD | 6 | $3.5 | 0.20% | 100,000 | 0.00001 | -7.95 | -27.21 |
| USDTRY | 59 | $3.5 | 0.20% | 100,000 | 0.00001 | -2775.34 | -1246.12 |
| USDZAR | 10 | $3.5 | 0.20% | 100,000 | 0.0001 | -23.86 | 6 |
| Instrument | Avg. Spread
pips |
Commission side/lot |
Margin Requirements max leverage (1:500) |
Contract Size per lot |
Minimum Tick Size | Long Swap points |
Short Swap points |
|---|---|---|---|---|---|---|---|
| AUDCAD | 1.8 | $0 | 0.20% | 100,000 | 0.00001 | -6.56 | 0.1 |
| AUDCHF | 1.5 | $0 | 0.20% | 100,000 | 0.00001 | 3.43 | -8.7 |
| AUDJPY | 1.9 | $0 | 0.20% | 100,000 | 0.001 | 11.84 | -21.79 |
| AUDNZD | 1.4 | $0 | 0.20% | 100,000 | 0.00001 | -10.11 | 1.02 |
| AUDUSD | 1.1 | $0 | 0.20% | 100,000 | 0.00001 | -5.95 | 1.15 |
| CADCHF | 1.6 | $0 | 0.20% | 100,000 | 0.00001 | 5.4 | -10.62 |
| CADJPY | 1.5 | $0 | 0.20% | 100,000 | 0.001 | 15.1 | -24.91 |
| CHFJPY | 3.5 | $0 | 0.20% | 100,000 | 0.001 | 3.43 | -11 |
| EURAUD | 2 | $0 | 0.20% | 100,000 | 0.00001 | -5.58 | -1.32 |
| EURCAD | 1.8 | $0 | 0.20% | 100,000 | 0.00001 | -7.85 | 2.11 |
| EURCHF | 1.5 | $0 | 0.20% | 100,000 | 0.00001 | 2.75 | -7.09 |
| EURGBP | 1.5 | $0 | 0.20% | 100,000 | 0.00001 | -5.03 | 1.59 |
| EURJPY | 1.5 | $0 | 0.20% | 100,000 | 0.001 | 10.73 | -19.18 |
| EURNOK | 96 | $0 | 0.20% | 100,000 | 0.00001 | -34.84 | -17.71 |
| EURNZD | 2.7 | $0 | 0.20% | 100,000 | 0.00001 | -11.69 | 3.48 |
| EURPLN | 36 | $0 | 0.20% | 100,000 | 0.00001 | -57.42 | 23.1 |
| EURSEK | 56 | $0 | 0.20% | 100,000 | 0.00001 | -31.59 | -29.84 |
| EURTRY | 263 | $0 | 0.20% | 100,000 | 0.00001 | -2913.34 | -1109.43 |
| EURUSD | 1 | $0 | 0.20% | 100,000 | 0.00001 | -6.91 | 2.66 |
| GBPAUD | 3.7 | $0 | 0.20% | 100,000 | 0.00001 | 0.8 | -8.3 |
| GBPCAD | 1.9 | $0 | 0.20% | 100,000 | 0.00001 | -2.08 | -3.55 |
| GBPCHF | 2 | $0 | 0.20% | 100,000 | 0.00001 | 5.83 | -11.11 |
| GBPJPY | 2 | $0 | 0.20% | 100,000 | 0.001 | 15.73 | -25.69 |
| GBPNZD | 2.7 | $0 | 0.20% | 100,000 | 0.00001 | -4.63 | -3.26 |
| GBPUSD | 1.3 | $0 | 0.20% | 100,000 | 0.00001 | -2.6 | -1.34 |
| NZDCAD | 1.7 | $0 | 0.20% | 100,000 | 0.00001 | -1.93 | -4.51 |
| NZDCHF | 1.6 | $0 | 0.20% | 100,000 | 0.00001 | 5.92 | -11.73 |
| NZDJPY | 1.6 | $0 | 0.20% | 100,000 | 0.001 | 15.87 | -26.71 |
| NZDUSD | 0.9 | $0 | 0.20% | 100,000 | 0.00001 | -2.48 | -2.06 |
| SGDJPY | 5 | $0 | 0.20% | 100,000 | 0.001 | 0.12 | -15.88 |
| USDCAD | 1.1 | $0 | 0.20% | 100,000 | 0.00001 | -1.06 | -4.2 |
| USDCHF | 1.1 | $0 | 0.20% | 100,000 | 0.00001 | 6.3 | -11.53 |
| USDCNH | 13 | $0 | 0.20% | 100,000 | 0.00001 | 25.52 | -100.62 |
| USDHKD | 8 | $0 | 0.20% | 100,000 | 0.00001 | -7.96 | -7.23 |
| USDJPY | 1.1 | $0 | 0.20% | 100,000 | 0.001 | 16.62 | -26.38 |
| USDMXN | 137 | $0 | 0.20% | 100,000 | 0.00001 | -396.8 | 152.02 |
| USDNOK | 66 | $0 | 0.20% | 100,000 | 0.00001 | 9.02 | -69.09 |
| USDPLN | 30 | $0 | 0.20% | 100,000 | 0.00001 | -40.99 | 6.4 |
| USDSEK | 35 | $0 | 0.20% | 100,000 | 0.00001 | 18.15 | -83.6 |
| USDSGD | 6.1 | $0 | 0.20% | 100,000 | 0.00001 | -7.95 | -27.21 |
| USDTRY | 70 | $0 | 0.20% | 100,000 | 0.00001 | -2775.34 | -1246.12 |
| USDZAR | 14 | $0 | 0.20% | 100,000 | 0.0001 | -23.86 | 6 |
| Instrument | Avg. Spread
pips |
Commission side/lot |
Margin Requirements max leverage (1:2000) |
Contract Size per lot |
Minimum Tick Size | Long Swap points |
Short Swap points |
|---|---|---|---|---|---|---|---|
| AUDCAD | 2.9 | $0 | 0.05% | 100000 | 0.00001 | -6.56 | 0.1 |
| AUDCHF | 2.7 | $0 | 0.05% | 100000 | 0.00001 | 3.43 | -8.7 |
| AUDJPY | 2.7 | $0 | 0.05% | 100000 | 0.001 | 11.84 | -21.79 |
| AUDNZD | 2.9 | $0 | 0.05% | 100000 | 0.00001 | -10.11 | 1.02 |
| AUDUSD | 2.2 | $0 | 0.05% | 100000 | 0.00001 | -5.95 | 1.15 |
| CADCHF | 2.7 | $0 | 0.05% | 100000 | 0.00001 | 5.4 | -10.62 |
| CADJPY | 2.8 | $0 | 0.05% | 100000 | 0.001 | 15.1 | -24.91 |
| CHFJPY | 5.1 | $0 | 0.05% | 100000 | 0.001 | 3.43 | -11 |
| EURAUD | 3.2 | $0 | 0.05% | 100000 | 0.00001 | -5.58 | -1.32 |
| EURCAD | 2.9 | $0 | 0.05% | 100000 | 0.00001 | -7.85 | 2.11 |
| EURCHF | 2.7 | $0 | 0.05% | 100000 | 0.00001 | 2.75 | -7.09 |
| EURGBP | 2.7 | $0 | 0.05% | 100000 | 0.00001 | -5.03 | 1.59 |
| EURJPY | 2.9 | $0 | 0.05% | 100000 | 0.001 | 10.73 | -19.18 |
| EURNOK | 124 | $0 | 0.05% | 100000 | 0.00001 | -34.84 | -17.71 |
| EURNZD | 3.5 | $0 | 0.05% | 100000 | 0.00001 | -11.69 | 3.48 |
| EURPLN | 61 | $0 | 0.05% | 100000 | 0.00001 | -57.42 | 23.1 |
| EURSEK | 80 | $0 | 0.05% | 100000 | 0.00001 | -31.59 | -29.84 |
| EURTRY | 323 | $0 | 0.05% | 100000 | 0.00001 | -2913.34 | -1109.43 |
| EURUSD | 1.9 | $0 | 0.05% | 100000 | 0.00001 | -6.91 | 2.66 |
| GBPAUD | 4.5 | $0 | 0.05% | 100000 | 0.00001 | 0.8 | -8.3 |
| GBPCAD | 3.3 | $0 | 0.05% | 100000 | 0.00001 | -2.08 | -3.55 |
| GBPCHF | 3.2 | $0 | 0.05% | 100000 | 0.00001 | 5.83 | -11.11 |
| GBPJPY | 2.9 | $0 | 0.05% | 100000 | 0.001 | 15.73 | -25.69 |
| GBPNZD | 4.9 | $0 | 0.05% | 100000 | 0.00001 | -4.63 | -3.26 |
| GBPUSD | 2.4 | $0 | 0.05% | 100000 | 0.00001 | -2.6 | -1.34 |
| NZDCAD | 3 | $0 | 0.05% | 100000 | 0.00001 | -1.93 | -4.51 |
| NZDCHF | 2.8 | $0 | 0.05% | 100000 | 0.00001 | 5.92 | -11.73 |
| NZDJPY | 2.9 | $0 | 0.05% | 100000 | 0.001 | 15.87 | -26.71 |
| NZDUSD | 2.1 | $0 | 0.05% | 100000 | 0.00001 | -2.48 | -2.06 |
| SGDJPY | 8.5 | $0 | 0.05% | 100000 | 0.001 | 0.12 | -15.88 |
| USDCAD | 2.1 | $0 | 0.05% | 100000 | 0.00001 | -1.06 | -4.2 |
| USDCHF | 1.9 | $0 | 0.05% | 100000 | 0.00001 | 6.3 | -11.53 |
| USDCNH | 21 | $0 | 0.05% | 100000 | 0.00001 | 25.52 | -100.62 |
| USDHKD | 13 | $0 | 0.05% | 100000 | 0.00001 | -7.96 | -7.23 |
| USDJPY | 2.3 | $0 | 0.05% | 100000 | 0.001 | 16.62 | -26.38 |
| USDMXN | 18 | $0 | 0.05% | 100000 | 0.00001 | -396.8 | 152.02 |
| USDNOK | 101 | $0 | 0.05% | 100000 | 0.00001 | 9.02 | -69.09 |
| USDPLN | 50 | $0 | 0.05% | 100000 | 0.00001 | -40.99 | 6.4 |
| USDSEK | 52 | $0 | 0.05% | 100000 | 0.00001 | 18.15 | -83.6 |
| USDSGD | 7.8 | $0 | 0.05% | 100000 | 0.00001 | -7.95 | -27.21 |
| USDTRY | 95 | $0 | 0.05% | 100000 | 0.00001 | -2775.34 | -1246.12 |
| USDZAR | 17 | $0 | 0.05% | 100000 | 0.0001 | -23.86 | 6 |
Trading Conditions
Forex Trading Sessions
(GMT+2 time zone, please note that DST apply in the summer) Open: Monday 00:10 | Close: Friday 23:50 Daily session break: 23:55 - 00:10
Spreads
Spreads at Axon Markets are floating, view the real-time spreads from your trading platform. The average spreads indicated in the above table are calculated throughout the day to represent the average daily spread for each symbol. Despite our best efforts to offer reasonable spreads during all trading hours, clients should be aware that these are subject to change depending on underlying market conditions. The above is provided for indicative purposes only, spreads may widen as a result of important news announcements, political uncertainty, unexpected events that can lead to volatile market conditions, or at the open/close of the business day when there is less liquidity.
Leverage and Margin requirements
The specified Margin Requirements indicated in the above table are based on the maximum available leverage. Forex Margin requirements are tied to the amount of the leverage you use, your account's Leverage can be altered from your Client Area. The company reserve the rights to increase margin requirements for all or individual FX pairs if it deems necessary.
Swaps
Swap rates are essentially the interest rate differential between the two currencies of the pair you are trading. Since every currency trade involves borrowing one currency to buy another, interest rollover charges are part of forex trading. Interest is paid on the currency that is borrowed, and earned on the one that is bought. When the swap rate is negative, the amount is subtracted from the trading position. The amount is credited, however, when the swap rate is positive. In the trading terminal, the swap is automatically converted into the account's deposit currency. Swap operations are conducted at midnight 00:00 Server time (GMT+2 time zone, please note DST may apply) and can take several minutes. On Wednesdays Swaps are charged for three days, in order to cover the weekend.
Commissions
Axon Markets does not charge any trading commission for the Standard, Prime and Leverage Plus accounts. For more information, please visit the Accounts Overview page.
Need Help?
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