MarginFX spreads and conditions...

1) Target Bid/Ask spreads

Our target bid / ask spreads listed are our best possible target spreads used in normal market conditions. In quiet market conditions, the spread may be even narrower but in periods of volatile markets, the spread may be increased and autoexecution disabled. For certain categories of clients, the spreads may in general be wider by up to 2 pips. The spreads applicable to your account will be displayed in your Spectrum Live Trading Platform. Please consult your Introducing Broker or Spectrum Live to obtain further information about our spread range and its implications to your account.

2) Margin Requirements

Margin FX is traded on margin enabling you to leverage a small margin deposit for a much greater market effect. Margin rates are higher over the weekends. Weekend margin rates apply from 17:OO on Friday to 19:OO on Sunday GMT and on non-banking days.

Note: Margin rates are higher over the weekends. Weekend margin rates apply from 16:00 on Friday to 17:00 on Sunday GMT and on non-banking days .

3) Autoexecuted trades

Major currency trades can be autoexecuted for amounts below the autoexecution limit. Autoexecuted trades are automatically accepted without intervention from the bank. For trade sizes over the autoexecute limit and in volatile market conditions, the trade must first be approved by a dealer which normally takes just a few seconds.

*Note that these are typical autoexecute limits that can change over the day, depending on the market conditions and available liquidity.

4) Ticket fees for low-value trades

For Margin FX trades below the Ticket Fee Threshold listed, a small ticket fee of USD 10 is added to the trade to cover administration costs.

Margin calls

You must maintain the margins listed in your account at all times. If the funds in your account fall below this margin, you will be subject to a margin call to either deposit more funds to cover your positions or close positions — normally you will be notified through our trading platform and via email. If your margin situation is not remedied, we may close positions on your behalf.

Margin FX Trading Hours

Spectrum Live is open for Margin FX trading:

from Monday 06:00 Sydney local time (currently Sunday 20:00 GMT)
to Friday 17:00 New York local time (currently Friday 21:00 GMT)

Conversion of currencies

All conversions will be done using the prevailing exchange rate plus/minus 0.5%. This includes, but is not limited to, conversions of transferred amounts and profits and losses from trading activities.

Forex	Target Spread (PIPs)	Margin - Normal/Weekend	Liquidity	Autoexecute*	Ticket Fee Threshold
AUDCAD	12	2% / 4%	Major	AUD 1 mill	100,000
AUDCHF	7	2% / 4%	Major	AUD 3 mill	100,000
AUDEUR	7	2% / 4%	Major	AUD 500,000	100,000
AUDGBP	5	2% / 4%	Major	AUD 500,000	100,000
AUDJPY	7	2% / 4%	Major	AUD 1 mill	100,000
AUDNZD	17	2% / 4%	Major	AUD 1 mill	100,000
AUDUSD	5	2% / 4%	Major	AUD 5 mill	100,000
CADCHF	7	2% / 4%	Major	CAD 3 mill	100,000
CADJPY	6	2% / 4%	Major	CAD 500,000	100,000
CHFAUD	10	2% / 4%	Major	CHF 250,000	100,000
CHFDKK	22	2% / 4%	Major		100,000
CHFJPY	6	2% / 4%	Major	CHF 5 mill	100,000
CHFNOK	42	2% / 4%	Major	CHF 1 mill	100,000
CHFSEK	42	2% / 4%	Major	CHF 1 mill	100,000
DKKJPY	10	2% / 4%	Major		1 mill
EURAUD	12	2% / 4%	Major	EUR 500,000	100,000
EURCAD	9	2% / 4%	Major	EUR 500,000	100,000
EURCHF	5	2% / 4%	Major	EUR 10 mill	100,000
EURDKK	5	2% / 4%	Major	EUR 10 mill	100,000
EURGBP	5	2% / 4%	Major	EUR 10 mill	100,000
EURJPY	4.5	2% / 4%	Major	EUR 10 mill	100,000
EURNOK	37	2% / 4%	Major	EUR 2 mill	100,000
EURNZD	17	2% / 4%	Major		100,000
EURSEK	37	2% / 4%	Major	EUR 2 mill	100,000
EURUSD	4	2% / 4%	Major	EUR 20 mill	50,000
GBPAUD	14	2% / 4%	Major		100,000
GBPCAD	10	2% / 4%	Major	GBP 250,000	100,000
GBPCHF	8	2% / 4%	Major	GBP 5 mill	100,000
GBPDKK	52	2% / 4%	Major	GBP 100,000	100,000
GBPEUR	9	2% / 4%	Major	GBP 500,000	100,000
GBPJPY	9	2% / 4%	Major	GBP 5 mill	100,000
GBPNOK	77	2% / 4%	Major	GBP 250,000	100,000
GBPNZD	32	2% / 4%	Major		100,000
GBPSEK	77	2% / 4%	Major	GBP 250,000	100,000
GBPUSD	5	2% / 4%	Major	GBP 5 mill	50,000
JPYDKK	5	2% / 4%	Major		10 mill
JPYNOK	6	2% / 4%	Major	JPY 25 mill	10 mill
NOKDKK	8	2% / 4%	Major	NOK 2 mill	1 mill
NOKJPY	10	2% / 4%	Major		1 mill
NOKSEK	8	2% / 4%	Major	NOK 2 mill	1 mill
NZDAUD	14	2% / 4%	Major	NZD 250,000	100,000
NZDCAD	14	2% / 4%	Major		100,000
NZDCHF	10	2% / 4%	Major	NZD 1 mill	100,000
NZDEUR	9	2% / 4%	Major		100,000
NZDGBP	6	2% / 4%	Major		100,000
NZDJPY	8	2% / 4%	Major	NZD 100,000	100,000
NZDSEK	77	2% / 4%	Major		100,000
NZDUSD	7	2% / 4%	Major	NZD 2 mill	100,000
SEKDKK	8