Forex trading

Turn the stormy dynamics of the global economy to your potential advantage — examine your perspectives due to currency exchange rate fluctuations.

EUR/USD
0
GBP/USD
0
USD/JPY
0
USD/CHF
0
USD/RUB
0

Everything you wanted to know about Forex but were afraid to ask

Forex is the global market where currencies are traded. The Forex market is the world’s largest and most liquid market, with an average daily trading volume of more than $5 trillion. All forex trades involve two currencies, as you are speculating on the value of a currency against another. Exchange rates are determined by the market forces of supply and demand and are affected by geopolitical and economic events around the globe.

If you expect that a currency will rise in value, you can buy that currency (open a long position), with the prospect of selling it at a higher price, if the market moves in your favour. If you expect that a currency will depreciate in value, you can sell that currency (open a short position) and then if the price indeed falls, you can buy it at a more favourable price.

The basis of currency trading on the Forex market is the so-called 'currency pairs' or the price of one currency against another currency in a given pairing. The most popular pair is EUR/USD, or the ratio of the exchange rate of euro to the US dollar. It accounts for about 80% of trading on the Forex market. Such pairs as GBP/JPY, EUR/JPY, and GBP/USD are also popular among individual traders because of their strength and high volatility.

An example of a Forex trading transaction

To demonstrate the opportunities offered by Forex at its best, let us go back to 2015. The key event in the global financial markets was a drop of oil prices to $36 per barrel, their level of 13 years earlier. As a result, the RUB/USD currency pair set a new historic minimum by reaching the point of 86 rubles per US dollar. The absence of the regulator in these circumstances can be explained not so much by inaction of Bank of Russia as exclusively by fundamental factors—that is, devaluation of the national currency. It contributed to reducing the deficit of the budget which was based on an average Brent price of $50 per barrel.

These factors gave a virtually free hand to market players who used the situation to their advantage. For example, with 1 standard lot they could earn up to 1 million rubles by buying dollars at the rate of 72 rubles and sell at a profit at 82 rubles within only 4 weeks.

A ₽6 000 000 investment in January, 2015 would potentially make the profit of ₽1 000 000 within 1 month*

to buy US dollars at the rate of 72 rubles and making

profit at the rate of 82 rubles within 4 weeks.
*Leverage whilst increasing the possible profit, also increases the risks involved as well as the potential losses.

Open an account
Your capital is at risk. Please trade wisely.

Your benefits
of trading with Alfa-Forex

More than 160 instruments available for trading
Ruble pairs spread is really low—that is, 0.012 rubles
Exclusive liquidity 24/5 on ruble pairs
Instant execution
of trading orders
MetaTrader4 and MetaTrader5
trading platforms
No fees on deposits and withdrawals through internet bank Alfa-Click

How to become a client

Open an account
Your capital is at risk. Please trade wisely.

Trading Terms

Contract Specifications Margin Requirements
Symbol Spread Contract size Limit&Stop levels, points Long swap**** Short swap****
EUR/USD 0.7 (1) 100 000 EUR 3 -0.6 0.18
GBP/USD 1.1 (1.4) 100 000 GBP 3 -0.43 -0.05
USD/CHF 0.7 (1.2) 100 000 USD 3 0.19 -0.53
USD/JPY 0.8 (1.3) 100 000 USD 3 0.06 -0.46
USD/CAD 0.9 (1.3) 100 000 USD 3 -0.35 -0.09
AUD/USD 1.8 100 000 AUD 3 0.12 -0.67
NZD/USD 2.3 (2.8) 100 000 NZD 3 0.13 -0.64
NZD/CAD 2.0 100 000 NZD 3 -0.19 -0.74
NZD/JPY 3.0 100 000 NZD 6 0.05 -0.89
AUD/CAD 1.1 (1.5) 100 000 AUD 3 -0.12 -0.91
AUD/NZD 3.9 100 000 AUD 3 -0.56 -0.58
AUD/JPY 2.8 100 000 AUD 3 0.17 -1.09
GBP/NZD 6.1 100 000 GBP 3 -1.39 0.06
AUD/CHF 4.0 100 000 AUD 3 0.21 -1.01
CAD/CHF 2.0 100 000 CAD 0.5 -0.04 -0.77
EUR/AUD 3.5 (3.9) 100 000 EUR 3 -1.58 0.51
CHF/JPY 2.3 (2.7) 100 000 CHF 3 -0.63 -0.18
EUR/GBP 0.6 (0.9) 100 000 EUR 3 -0.85 0.24
EUR/CHF 1.9 (2.3) 100 000 EUR 3 -0.31 -0.52
EUR/JPY 2.0 100 000 EUR 3 -0.28 -0.67
EUR/NZD 8 100 000 EUR 3 -1.74 0.55
EUR/CAD 5.0 100 000 EUR 3 -1.32 0.26
EUR/NOK 25 100 000 EUR 9 -5.94 -0.95
GBP/AUD 4.0 100 000 GBP 3 -1.17 -0.03
GBP/CAD 7.0 100 000 GBP 3 -0.97 -0.19
GBP/CHF 5.0 100 000 GBP 5 0.06 -0.99
GBP/JPY 3.9 (4.3) 100 000 GBP 5 0.08 -1.15
USD/SGD 5 100 000 USD 3 -0.19 -1.19
USD/NOK 25 100 000 USD 3 -0.24 -5.5
USD/SEK** 25 100 000 USD 600 16.8 -76.2
USD/ZAR 75 100 000 USD 35 -24.5 11.8
USD/TRY 25 100 000 USD 3 -13.48 9.5
EUR/TRY 25 100 000 EUR 3 -18.94 14.16
USD/RUR 150 100 000 USD 150 -138 79
EUR/RUR 150 100 000 EUR 150 -144 71
GBP/RUR 150 100 000 GBP 150 -175 93
JPY/RUR 30 100 000 JPY 15 -1.15 0.62
CHF/RUR 250 100 000 CHF 150 -152.7 91.2
EUR/SEK 25 100 000 EUR 3 -2.81 -4.16
USD/DKK*** 100 100 000 USD 2.5 1.21 -5.59
USD/MXN*** 3 100 000 USD 35 -39.1 19.4
  1. Alfa-Forex reserves the right to adjust the spread value depending on the market situation—that is, in periods of increased volatility and/or limited liquidity on the market.
  2. These specifications apply both to the MetaTrader5 and MetaTrader4 trading platforms.
  3. The data on swap rates is calculated on a daily basis and depends on the interest rate differential between the countries of traded currencies. During the night from Wednesday to Thursday, swap is charged/accrued in a triple amount.
  4. From Thursday to Friday, the swap on ruble-denominated instruments and USDCAD is charged/accrued in a triple amount.
  5. For currency pairs with five numbers after the decimal point, one point means the fourth number after the decimal point. For currency pairs with three numbers after the decimal point, one point means the second number after the decimal point.

* Spread has a floating value, the table indicates the minimum spread for the instrument. The average spread is shown in brackets if different to the minimum value.
** The instrument is available only on the MetaTrader4 trading platform.
*** The instrument is available only on the MetaTrader5 trading platform.
****The swap value may vary depending on traded currencies central bank rates, interbank offer rates and competitors' swap costs.

 

Symbol Leverage**** / Stop Out Level
«Equity***»
below $50 000
«Equity***»
from $50 000 to $200 000
«Equity***»
from $200 000 to $2 000 000
«Equity***»
above $2 000 000
EUR/USD 1:200 / 20% 1:100 / 20% 1:75 / 30% 1:50 / 40%
GBP/USD 1:200 / 20% 1:100 / 20% 1:75 / 30% 1:50 / 40%
USD/CHF 1:50 / 20% 1:25 / 20% 1:20 / 30% 1:20 / 40%
USD/JPY 1:200 / 20% 1:100 / 20% 1:75 / 30% 1:50 / 40%
USD/CAD 1:200 / 20% 1:100 / 20% 1:75 / 30% 1:50 / 40%
AUD/USD 1:200 / 20% 1:100 / 20% 1:75 / 30% 1:50 / 40%
NZD/USD 1:100 / 20% 1:50 / 20% 1:40 / 30% 1:30 / 40%
NZD/CAD 1:100 / 20% 1:50 / 20% 1:40 / 30% 1:30 / 40%
NZD/JPY 1:100 / 20% 1:50 / 20% 1:40 / 30% 1:30 / 40%
AUD/CAD 1:200 / 20% 1:100 / 20% 1:75 / 30% 1:50 / 40%
AUD/NZD 1:100 / 20% 1:50 / 20% 1:40 / 30% 1:30 / 40%
AUD/JPY 1:200 / 20% 1:100 / 20% 1:75 / 30% 1:50 / 40%
GBP/NZD 1:100 / 20% 1:50 / 20% 1:40 / 30% 1:30 / 40%
AUD/CHF 1:50 / 20% 1:25 / 20% 1:20 / 30% 1:20 / 40%
CAD/CHF 1:50 / 20% 1:25 / 20% 1:20 / 30% 1:20 / 40%
EUR/AUD 1:200 / 20% 1:100 / 20% 1:75 / 30% 1:50 / 40%
CHF/JPY 1:50 / 20% 1:25 / 20% 1:20 / 30% 1:20 / 40%
EUR/GBP 1:200 / 20% 1:100 / 20% 1:75 / 30% 1:50 / 40%
EUR/CHF 1:50 / 20% 1:25 / 20% 1:20 / 30% 1:20 / 40%
EUR/JPY 1:200 / 20% 1:100 / 20% 1:75 / 30% 1:50 / 40%
EUR/NZD 1:100 / 20% 1:50 / 20% 1:40 / 30% 1:30 / 40%
EUR/CAD 1:200 / 20% 1:100 / 20% 1:75 / 30% 1:50 / 40%
EUR/NOK 1:100 / 20% 1:50 / 20% 1:40 / 30% 1:30 / 40%
GBP/AUD 1:200 / 20% 1:100 / 20% 1:75 / 30% 1:50 / 40%
GBP/CAD 1:200 / 20% 1:100 / 20% 1:75 / 30% 1:50 / 40%
GBP/CHF 1:50 / 20% 1:25 / 20% 1:20 / 30% 1:20 / 40%
GBP/JPY 1:200 / 20% 1:100 / 20% 1:75 / 30% 1:50 / 40%
USD/SGD 1:25 / 20% 1:20 / 20% 1:10 / 30% 1:10 / 40%
USD/NOK 1:100 / 20% 1:50 / 20% 1:40 / 30% 1:30 / 40%
USD/SEK** 1:100 / 20% 1:50 / 20% 1:40 / 30% 1:30 / 40%
USD/ZAR 1:50 / 20% 1:25 / 20% 1:20 / 30% 1:20 / 40%
USD/RUR 1:50 / 20% 1:25 / 20% 1:20 / 30% 1:20 / 40%
EUR/RUR 1:50 / 20% 1:25 / 20% 1:20 / 30% 1:20 / 40%
GBP/RUR 1:50 / 20% 1:25 / 20% 1:20 / 30% 1:20 / 40%
JPY/RUR 1:50 / 20% 1:25 / 20% 1:20 / 30% 1:20 / 40%
CHF/RUR 1:50 / 20% 1:25 / 20% 1:20 / 30% 1:20 / 40%
EUR/SEK 1:100 / 20% 1:50 / 20% 1:40 / 30% 1:30 / 40%
USD/DKK*** 1:20 / 20% 1:10 / 20% 1:5 / 30% 1:5 / 40%
USD/MXN*** 1:50 / 20% 1:25 / 20% 1:20 / 30% 1:20 / 40%
  1. The current specification is applicable both for MetaTrader 5 and MetaTrader 4.
  2. Stop Out is activated at the first market price as soon as the margin level goes below the level specified in the "Stop Out Level" column.

* Leverage within the range may be changed at any convenient for Alfa-Forex time.
** The instrument is available only in MetaTrader 4.
*** Is calculated according to the total Equity of all trading accounts in a Personal area.
**** According to the requirements of Cyprus Securities and Exchange commissions (CySEC), the following trading conditions are effective for the clients that passed the regulators questionnaire. You may pass the questionnaire inside client''s Personal area.

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Risk Warning: Trading CFDs and other speculative products, such as rolling spot forex, is risky and can result in the loss of your entire invested capital. Trading in such complex products might not be appropriate or suitable for you. In any case, please ensure that you understand the risks involved and do not invest more than you can afford to lose. Read full Risk Warning of Alfa-Forex here.

Risk Warning: Trading CFDs and other speculative products, such as rolling spot forex, is risky and can result in the loss of your entire invested capital. Trading in such complex products might not be appropriate or suitable for you. In any case, please ensure that you understand the risks involved and do not invest more than you can afford to lose. Read full Risk Warning of Alfa-Forex here.

Risk Warning: Trading CFDs and other speculative products, such as rolling spot forex, is risky and can result in the loss of your entire invested capital. Read full Risk Warning of Alfa-Forex here.