Everything settles against one balance
Seventeen instruments across five asset classes, priced from the same aggregated book. Spreads below are live-simulated averages; the terminal shows what you would actually be filled at.
Instruments & live spreads
| Instrument | Bid | Ask | Spread | Change | Swap long | Swap short | 24h |
|---|
What one lot actually means
Contract size, tick value and margin requirement differ by asset class. This is the arithmetic behind every position you will open.
100,000
Units of base currency in one standard lot. Micro lots of 1,000 units are available on every pair.
€8.60
Approximate value of one pip on a standard EUR/USD lot, at the rates shown above.
3.33%
Margin requirement at 1:30 retail leverage. Professional accounts fall to 1%.
22:00 UTC
Daily rollover. Positions held through it are charged or credited the swap rate.
100 oz
One XAU/USD lot. Silver contracts are 5,000 ounces.
$100
Value of a one-dollar move in gold on a standard lot.
5%
Retail margin requirement on gold at 1:20 leverage.
23:00–00:00
Daily maintenance break in metals pricing, UTC.
Cash
Undated cash indices — no expiry date and no quarterly rollover to manage.
$1 / point
Per contract on US500. GER40 is priced at €1 per point.
5%
Retail margin on major indices at 1:20 leverage.
Dividends
Index dividend adjustments are credited to longs and debited from shorts on the ex-date.
1,000 bbl
One crude oil lot. Natural gas contracts are 10,000 MMBtu.
$10
Value of a one-cent move on a standard crude lot.
10%
Retail margin on energy at 1:10 leverage.
Monthly
Contracts roll on the published expiry schedule; open positions are adjusted, never closed.
1 BTC
One lot. Fractional sizing from 0.01 is supported.
24/7
Digital assets price continuously, including weekends.
50%
Retail margin at 1:2 leverage — the regulatory ceiling for retail crypto CFDs.
CFD only
You trade price exposure. No coin is ever delivered, custodied or withdrawable.
Where the price comes from
Fourteen liquidity providers stream into a single aggregated book. Your order meets the best available price at the moment it arrives — there is no dealing desk deciding whether to accept it.
- No last look, no requote, no order rejection on profitable fills
- Slippage is symmetric — positive slippage is passed through in full
- Every fill timestamped to the microsecond and exportable as CSV or FIX log
- Execution quality published monthly, including the trades that went badly
Execution quality · trailing 30 days
When each market is open
All times UTC. Hours shift by an hour when Europe and the United States change clocks on different weekends.
| Asset class | Opens | Closes | Break | Weekend |
|---|---|---|---|---|
| Forex | Sun 22:00 | Fri 21:00 | None | Closed |
| Metals | Sun 23:00 | Fri 21:00 | 23:00–00:00 daily | Closed |
| Indices | Sun 23:00 | Fri 21:00 | 21:15–22:00 daily | Closed |
| Energy | Sun 23:00 | Fri 21:00 | 22:00–23:00 daily | Closed |
| Digital assets | Continuous | Continuous | None | Open |
See these prices in the terminal
The demo terminal runs the same simulated feed, with the order ticket, depth and position blotter attached.