Forex >> EUR/GBP

Symbol EURGBP - (Euro vs Pound Sterling)
Tick Size (Minimum Fluctuation): 0.0001
Minimum Spread: 10 Points (10 Ticks)
Commission: FREE
Trading Hour (GMT+7): Daily trading hour(s) from Monday 06.30 To Friday 03.00 (next day)
Daily Limit: -
Settlement Type: Cash
Auto Liquidation: 30% of Intra-day Margin
Auto Hedge: -
Financial/Swap Rate: Long: -1.69%
Short: -2.36%
Contract Size US$ 100,000 US$ 200,000 US$ 300,000
Value per Tick: US$ �15.00 US$ �30.00 US$ �45.00
Intra-day Margin: US$ 1,000 US$ 2,000 US$ 3,000
Hedged Margin: US$ 1,000 US$ 2,000 US$ 3,000
Overnight Margin (Open Position): - - -
Swap Calculation: Contract Size * EURUSD Closed Price * Swap Rate * lot / 360
Example: Client buy 1 lot EURGBP and leave it overnight, EURUSD market price closed at 1.2595 on that day; Calculation: 100,000 * 1.2595 * -0.0169 * 1 / 360 = -US$5.91
P/L Calculation: (Selling price - Buying price) * Contract Size * Number of Contract(s) * GBPUSD Market Price
Example: Client buy 1 lot EURGBP at 0.8217 Settle at 0.8223; Calculation: (0.8223 - 0.8217) * 100,000 * 1 * 1.5399 = US$92.39