Forex CFDs
4T offering is one of the most competitive in the world. Access the world’s largest and most liquid market with Raw spreads starting from 0.0 pips.
Open 24 hours a day 5 days a week, the foreign exchange market is the largest and most liquid market in the world with volumes of over $4 trillion a day surpassing any exchange based market.
Foreign exchange trading involves trading one currency pair against another, predicting that one currency will rise or fall against another. Currencies are traded in pairs, like the Euro versus the US Dollar (EUR/USD).
Facts
- Over 61 currency pairs
- Tight spreads from 0.0 pips
- Up to 1:1000 leverage
- Deep Liquidity
- Trade 24 hours a day, five days a week
Forex Spreads
4T offers Forex traders some of the tightest spreads out of all Forex exchange brokers globally with our EUR/USD spread averaging 0.1 pips. Tight spreads combined with our low latency enterprise grade hardware makes 4T the ideal choice for active day traders and those using Expert Advisors.
How does Forex Trading work?
Forex trading is similar to trading shares or futures except that when trading foreign exchange you are buying or selling one currency against another and you do not take delivery of the underlying currency. One of the key advantages Forex has over other financial instruments is that relatively small lot sizes can be traded – lot sizes can be as small as 1000 units (one micro lot). Typically, foreign exchange also involves leverage which in some cases can be as high as 1:1000, which is very different to trading shares where no leverage is involved.
Forex Trading Examples
Selling: EUR/USDThe gross profit on your trade is calculated as follows:
Opening the Position
The price of the Euro against the US Dollar (EUR/USD) is 1.35823/1.35824 and you decide to sell 2 standard lots (the equivalent of €200,000) at 1.35823.
Closing the Position
One week later the Euro has fallen against the US Dollar to 1.32120/1.32122 and you decide to take your profit by buying back 2 standard lots at 1.32120.
Spreads
Forex| Product | Raw Spread Account | Standard Account | |||
|---|---|---|---|---|---|
| SYMBOL | DESCRIPTION | MIN | AVG | MIN | AVG |
| AUDUSD | Australian Dollar vs United States Dollar | 0 | 0.17 | 0.8 | 1.1 |
| EURUSD | Euro vs United States Dollar | 0 | 0.11 | 0.8 | 1.1 |
| GBPUSD | British Pound vs United States Dollar | 0 | 0.24 | 0.8 | 1.2 |
| USDCAD | United States Dollar vs Canadian Dollar | 0 | 0.34 | 0.8 | 1.2 |
| USDCHF | United States Dollar vs Swiss Franc | 0 | 0.29 | 0.8 | 1.2 |
| USDJPY | United States Dollar vs Japanese Yen | 0 | 0.13 | 0.8 | 1.1 |
* The spread data displayed above is based on current or very recent market conditions.