FOREX TRADING DETAIL

SPREAD

All the currency pair quotes are in a two-way price, the 'Bid' and the 'Ask'. The 'Bid' is constantly lower than the 'Ask' price. The 'Bid' is the price in which the dealer is willing to pay for the base currency in exchange for the quote currency signifies the 'Bid' is the price at which you will sell. The 'Ask' is the price at which the dealer will sell the base currency in exchange for the quote currency signifies the 'Ask' is the price at which you will pay for. The difference among the 'Bid' and the 'Ask' price is popularly known as the Spread.

UMOFX constantly offers our customers with low spreads and precise pricing system to provide clients with fair and competitive trading field. Please refer to the summary table for our spread for all the currency pair accessible. Besides, our spreads are fixed under all market conditions.

SWAP

'Swap' is also typically known as a 'rollover rate'. It is an amount paid or earned attributable to the differential interest rates applicable to currency pairs when a trader holds a position through night. Swap rates are calculated on daily simple at 4:59 PM/ET. To be subjected to swap, trade position should have been opened before 4:59 PM/ET and held open past this time. Swap rates are tripled on Wednesday at 4:59 PM/ET. Swap rate is differing for each currency pairs and depend on either long or short. Please allude to the summary table for swap rate traded with UMOFX.

Swap rate formula:

Swap debit/credit = Current swap rate in USD per unit * lot size

UMOFX Spread And Swap Table

Symbol Contract Size Spread MTP Swap (Long) Swap (Short)
NZDUSD 10000 4 6 2.09 -9.87
SILVER 100oz 6 9 -0.40 0.10
USDCAD 10000 4 6 -3.86 0.58
USDCHF 10000 3 5 0.19 -2.36
AUDNZD 10000 10 14 -3.39 -0.44
AUDUSD 10000 3 5 1.86 -9.20
CADCHF 10000 8 12 1.65 -4.10
CADJPY 10000 6 9 0.66 -4.12
CHFJPY 10000 6 9 -1.59 -0.80
EURAUD 10000 7 11 -13.03 2.63
EURCAD 10000 8 12 -5.09 0.66
EURCHF 10000 3 5 0.74 -4.20
EURGBP 10000 3 5 -1.96 -0.12
EURJPY 10000 3 5 -0.10 -2.11
EURNZD 10000 20 20 -15.73 7.21
EURUSD 10000 2 4 -0.69 -1.26
GBPAUD 10000 10 14 -14.79 6.73
GBPCAD 10000 10 14 -4.15 1.88
GBPCHF 10000 7 11 1.62 -3.66
GBPJPY 10000 7 11 0.36 -3.77
GBPNZD 10000 20 20 -18.08 8.31
GBPUSD 10000 3 5 0.11 -2.69
GOLD 100oz 60 100 -2.50 1.00
NZDCHF 10000 15 15 5.03 -11.07
NZDJPY 10000 8 12 2.21 -10.42
AUDJPY 10000 5 8 2.01 -9.76
AUDCHF 10000 6 9 4.60 -10.42
AUDCAD 10000 8 12 1.06 -6.66
USDJPY 10000 2 4 -0.14 -1.33
Symbol Contract Size Min Spread Average Spread Swap (Long) Swap (Short)
NZDUSD 10000 2.4 2.9 2.09 -9.87
SILVER 100oz 6.0 6.0 -0.40 0.10
USDCAD 10000 2.4 3.3 -3.86 0.58
USDCHF 10000 1.6 2.1 0.19 -2.36
AUDNZD 10000 9.0 11.4 -3.39 -0.44
AUDUSD 10000 1.4 2.2 1.86 -9.20
CADCHF 10000 0.0 0.0 1.65 -4.10
CADJPY 10000 4.0 5.4 0.66 -4.12
CHFJPY 10000 2.0 3.6 -1.59 -0.80
EURAUD 10000 4.0 5.5 -13.03 2.63
EURCAD 10000 8.0 9.8 -5.09 0.66
EURCHF 10000 1.4 2.5 0.74 -4.20
EURGBP 10000 1.2 2.3 -1.96 -0.12
EURJPY 10000 1.4 1.7 -0.10 -2.11
EURNZD 10000 10.0 12.5 -15.73 7.21
EURUSD 10000 0.8 1.5 -0.69 -1.26
GBPAUD 10000 6.0 8.2 -14.79 6.73
GBPCAD 10000 10.0 12.2 -4.15 1.88
GBPCHF 10000 4.0 5.8 1.62 -3.66
GBPJPY 10000 4.0 5.9 0.36 -3.77
GBPNZD 10000 9.0 12.4 -18.08 8.31
GBPUSD 10000 1.4 1.8 0.11 -2.69
GOLD 100oz 40.0 60.0 -2.50 1.00
NZDCHF 10000 2.4 4.3 5.03 -11.07
NZDJPY 10000 3.0 5.0 2.21 -10.42
AUDJPY 10000 3.0 4.5 2.01 -9.76
AUDCHF 10000 5.0 6.8 4.60 -10.42
AUDCAD 10000 3.0 4.7 1.06 -6.66
USDJPY 10000 0.8 1.5 -0.14 -1.33
Symbol Contract Size Min Spread Average Spread Swap (Long) Swap (Short)
NZDUSD 100000 0.1 2.1 2.09 -9.87
SILVER 100oz 2.0 5.0 -0.40 0.10
USDCAD 100000 0.1 1.8 -3.86 0.58
USDCHF 100000 0.1 1.3 0.19 -2.36
AUDNZD 100000 0.1 2.8 -3.39 -0.44
AUDUSD 100000 0.1 1.1 1.86 -9.20
CADCHF 100000 0.1 2.4 1.65 -4.10
CADJPY 100000 0.1 2.1 0.66 -4.12
CHFJPY 100000 0.1 2.4 -1.59 -0.80
EURAUD 100000 0.1 2.3 -13.03 2.63
EURCAD 100000 0.1 2.3 -5.09 0.66
EURCHF 100000 0.1 2.0 0.74 -4.20
EURGBP 100000 0.1 1.9 -1.96 -0.12
EURJPY 100000 0.1 1.4 -0.10 -2.11
EURNZD 100000 0.1 3.5 -15.73 7.21
EURUSD 100000 0.1 0.7 -0.69 -1.26
GBPAUD 100000 0.1 2.8 -14.79 6.73
GBPCAD 100000 0.1 3.0 -4.15 1.88
GBPCHF 100000 0.1 3.1 1.62 -3.66
GBPJPY 100000 0.1 2.2 0.36 -3.77
GBPNZD 100000 0.1 4.5 -18.08 8.31
GBPUSD 100000 0.1 1.3 0.11 -2.69
GOLD 100oz 50.0 50.0 -2.50 1.00
NZDCHF 100000 0.1 2.8 5.03 -11.07
NZDJPY 100000 0.1 2.6 2.21 -10.42
AUDJPY 100000 0.1 1.6 2.01 -9.76
AUDCHF 100000 0.1 2.2 4.60 -10.42
AUDCAD 100000 0.2 2.3 1.06 -6.66
USDJPY 100000 0.1 0.8 -0.14 -1.33
Symbol Contract Size Min Spread Average Spread Swap (Long) Swap (Short)
NZDUSD 100000 0.1 3.2 2.09 -9.87
SILVER 100oz 2.0 5.0 -0.40 0.10
USDCAD 100000 0.1 3.7 -3.86 0.58
USDCHF 100000 0.1 2.2 0.19 -2.36
AUDNZD 100000 0.1 4.7 -3.39 -0.44
AUDUSD 100000 0.1 2.2 1.86 -9.20
CADCHF 100000 0.1 4.3 1.65 -4.10
CADJPY 100000 0.1 4.0 0.66 -4.12
CHFJPY 100000 0.1 3.5 -1.59 -0.80
EURAUD 100000 0.1 4.2 -13.03 2.63
EURCAD 100000 0.1 4.2 -5.09 0.66
EURCHF 100000 0.1 3.9 0.74 -4.20
EURGBP 100000 0.1 3.8 -1.96 -0.12
EURJPY 100000 0.1 2.5 -0.10 -2.11
EURNZD 100000 0.1 5.4 -15.73 7.21
EURUSD 100000 0.1 1.5 -0.69 -1.26
GBPAUD 100000 0.1 4.7 -14.79 6.73
GBPCAD 100000 0.1 4.9 -4.15 1.88
GBPCHF 100000 0.1 5.0 1.62 -3.66
GBPJPY 100000 0.1 4.1 0.36 -3.77
GBPNZD 100000 0.1 6.4 -18.08 8.31
GBPUSD 100000 0.1 2.2 0.11 -2.69
GOLD 100oz 50.0 50.0 -2.50 1.00
NZDCHF 100000 0.1 4.7 5.03 -11.07
NZDJPY 100000 0.1 3.7 2.21 -10.42
AUDJPY 100000 0.1 2.7 2.01 -9.76
AUDCHF 100000 0.1 4.1 4.60 -10.42
AUDCAD 100000 0.2 4.2 1.06 -6.66
USDJPY 100000 0.1 1.7 -0.14 -1.33

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