Forex

Trading 20+ Forex pairs and benefit from tight spreads and fast order execution.

Your capital is at risk. You may lose all of your invested capital.

Forex
Forex trading, also known as foreign exchange or currency trading, is a worldwide, decentralized market for currency exchange. The forex market is the largest, most liquid market in the world with an average trading volume in excess of $5 trillion per day. The forex market offers countless trading opportunities every second. You can choose from a wide array of popular forex pairs. With a market that is open 24 hours a day, 5 days a week and supported by our advanced tools, you will never have to miss an opportunity.
Forex advantages:
  • Very high liquidity of world currencies;
  • Trading is available 24 hours 5 days a week;
  • Most popular currency pairs tradable;
  • Opportunity of hedging and diversifying risks;
  • Instant execution of orders.
Major currency pairs:
InstrumentsSilver Account Raw Spread Account
Spreads
EURUSD1.20.1
GBPUSD1.70.2
GBPNZD1.80.3
USDCAD2.10.4
NZDCAD2.20.1
CURNZD2.00.4
GBPAUD2.00.3
USDJPY2.60.5
Forex margin calculation:

All of MC's accounts have a leverage ratio of 1:20. Each 100,000 units of currency is represented as 1 lot. How do you calculate the margin? The margin calculation for forex works as follows:

Required Margin = Trade Size* account currency exchange rate / Leverage

Case example
Case 1:Assume that someone bought 1 lot of EURUSD at 1.13686. At this time, the price of EURGBP is 0.89258.
1) If the currency of the account is in EUR, The required margin is: 1*100000/20=5000 (EUR);
2) If the account is in GBP, The required margin is: 1*100000*0.89258/20=4462.9 (GBP);
3) If the currency of the account is in USD, The required margin is: 1*100000*1.13686/20=5684.3(USD).
Case 2:Assume that someone bought 1 lot of USDJPY at 113.325. At this time, the price of GBPUSD is 1.27375.The price of EURUSD is 1.13686.
1) If the currency of the account is in EUR, The required margin is:1*100000/(1.13686*20)=4398.079 (EUR);
2) If the account is in GBP, The required margin is:1*100000/1.27375*20=3925.417(GBP);
3) If the currency of the account is in USD, The required margin is:1*100000/20=5000(USD).
Case 3:Assume that someone bought 1 lot of EURCHF at 1.13313. At this time, the price of EURGBP is 0.89258. The price of EURUSD is 1.13686.
1) If the currency of the account is in EUR, The required margin is:1*100000/20=5000 (EUR);
2) If the account is in GBP, The required margin is:1*100000*0.89258/20=4462.9(GBP);
3) If the currency of the account is in USD, The required margin is:1*100000*1.13686/20=5684.3(USD).
Trade With A Reliable Trading Partner

Your capital is at risk. You may lose all of your invested capital.

Magic Compass Ltd. is a Cyprus Investment Firm (CIF) supervised and regulated by the Cyprus Securities and Exchange Commission(CySEC)with CIF license number 299/16 and company registration number HE341562.
Address:Sarlo 9, Ayios Athanasios, 4106 Limassol, Cyprus

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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with Magic Compass. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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