Forex Trading Platform

Trading Conditions

Explore our competitive swap rates, spreads, and account types designed for all trading styles

Swap Rates

The Swap and Spread ratios applied when investing with Pi Globle Trading are indicated on the table at the bottom of the page below.

For investors who are new to trading, we have briefly summarized what these expressions mean.

What is Swap?

Swap Fees are the cost of a trade that is applied to transactions that are open at the end of the day resulting from the difference between the interest rates of the countries to which the currency pair is traded. Swap fees are the fees charged for keeping a trade / position open overnight.

Rules Regarding Swap Fees

  • Swap costs or revenues are not applied to positions closed on the same day.
  • Swap rates apply to positions that are still open at the end of the day.
  • A 3-day swap is applied to positions that are not yet closed on Thursdays (equivalent to the value of the weekend) because the Forex market is valued at +2 days. On other days this practice is 1 day.
  • Pi Globle Trading offers Islamic account as a non-swap based option.

Spread

The difference between the buying and selling prices of financial assets is called "Spread" and expressed in "pip" unit.

Spread Example

If the buying price is 1.1225 and the selling price is 1.1223 in the EURUSD parity, this spread is 2 pips (1.1225-1.1223 = 0.0002).

Therefore, when you open a lot (i.e. 100 thousand units) in one lot, you will end up with a cost of 0.0002 * 100,000 = 20 USD Spread.

It is only the cost to open this position. If the parity reaches 1.1227, your cost will be zero. Spread, which is an important cost for the investor, can be fixed or variable.

Variable Spread is low at times of increased liquidity in the markets, but may be high in liquidity shortage.

Fixed Spreads are fixed values offered to investors of brokerage houses.

Pi Globle Account Types

We offer different account types to accommodate your trading needs

O/N Overnight: Overnight spreads can vary according to market conditions. Overnight hours means from 23:00 until 08:00 GMT +3.

Trading Conditions

Detailed specifications for all our trading instruments

CURRENCIES

Name Min spread Max leverage Margin Min deal size Max deal size Step Swap short Swap long Max exposure Trading hours
EURUSD 1.2 400:1 0.50% 5000 3000000 5000 -0.0017% -0.0103% 12000000 mon 00:05- fri 23:00
USDJPY 1.2 400:1 0.50% 5000 3000000 5000 -0.0201% 0.0064% 15000000 mon 00:05- fri 23:00
USDTRY 40 50:1 2.00% 5,000 3,000,000 5,000 -0.0833% -0.1111% 1,500,000 mon 00:05 - fri 23:00

COMMODITIES

Name Min spread Max leverage Margin Min deal size Max deal size Step Swap short Swap long Max exposure Trading hours
Gold 0.5 200:1 0.50% 1 5000 0.01 -0.0125% -0.0075% 10000000 mon 00:05- fri 23:00
Silver 2 200:1 0.50% 50 50000 1 -0.0150% -0.0100% 5000000 mon 00:05- fri 23:00
Pi Globle Trading Platform

HIGH RISK INVESTMENT WARNING

Trading CFDs is highly speculative, involves significant risk of loss and is not suitable for all investors. Before trading, you are strongly advised to read and ensure that you understand the relevant risk disclosures and warnings. There is a substantial risk that you may lose all of your initial investment. We advise you to consider whether trading leveraged products is appropriate for you in light of your own personal circumstances. We recommend that you ensure you fully understand all risks involved before trading. Trading through an online platform carries additional risks.

Restricted Jurisdictions:

We do not establish accounts to residents of certain jurisdictions including Japan, Canada and the USA. For further details please see Terms & Conditions.

PI GROUPS TRADING UK LTD
Registration license FCA
Reference number: 974314 PI PTY LTD
Regulator Australian Securities & Investments Commission
ACN: 121 246 759 PI INVESTMENT MANAGERS (PTY) LTD
Regulated with Registration license FSP 20293
Pi Globle Trading Platform