Trading Conditions

In this section you will find everything you need to know about the trading conditions that bforex offers. The information below applies to all bforex trading accounts.


Margin Requirements

Throughout the trading week, a 0.5% trading margin is available as the default trading margin.

 

Spreads

Bforex offers traders fixed spreads on currency pairs (such as EUR/USD, GBP/USD and USD/JPY), commodities (such as Gold, Silver and Crude Oil) and CFDs (such as Microsoft, Apple and the Dow Jones). For more information about spreads on currency crosses, commodities and CFDs, please visit the Spreads page.
 
 

Commission

At bforex there are no commissions or hidden fees because we generate our profits from spreads and traded volume.

 

Deposits

Accounts at bforex are denominated in U.S Dollars. Therefore, all trading deposits will be converted into the base currency of the trading account (U.S Dollars).

 

Trading Hours

You can trade with us anytime the markets are open, from 22:00 GMT on Sunday night until 22:00 GMT on Friday night. Online FX and Commodities are tradable at all times during these market hours. CFDs, however, have their different operating hours, depending on the location of the market:

  • US Market CFDs are tradable from 2:30 pm – 9:00 pm GMT, Mondays to Fridays
  • European & British Market CFDs are tradable from 8:00 am – 4:30 pm GMT, Mondays to Fridays
  • Asian Market CFDs are tradable from 0:00 am – 2.00 am GMT, 3:30 pm – 6:00 pm GMT, Mondays to Fridays
 
Outside market hours, the bforex trading platform will not display live rates, and positions cannot be executed, edited or closed.


Rollover

There is an interbank rate, known as a rollover, which is credited or charged to your account relative to the asset and direction of your trade(s). At bforex, the rollovers are settled uniquely, as positions aren’t closed and then reopened overnight. Alternatively, a credit or debit is attached or applied to the Forex trader’s account statement as a detached article/item. As a result, this produces a simple and understandable assessment.
 

Margin Liquidation

Margin liquidation happens when account equity reaches zero. If this indeed does occur, all positions are closed automatically. This protects the client’s trading account from reaching a negative balance and being liable for an amount exceeding his/her deposit.

 

Market Conditions

During regular FX market conditions, due to our policy of no slippage, spot orders will be executed at the price you click/quote.

During volatile market conditions, spot orders will be executed at the price the trader quoted. Even during volatile market conditions, clients receive consistent ask (buy) and bid (sell) prices with fixed spreads.

Bforex guarantees 100% fixed spreads under illiquid market conditions (these may happen just before important economic or political news events, or when market activity is low). During these conditions, banks often widen spreads due to lack of buyers and supply & demand.

For any inquiries you might have, please feel free to contact our customer support team on
44 203 514 0458    or customer.service@bforex.com.

Talk to Us 24/7