Contract Specifications

Trading Instruments	1 Lot	Maximum Leverage / Margin	Minimum Lot Lot / Step	Triple Swap	Commission	Stop Out
Forex	100,000	1:500*	0.01/0.01	Wednesday - Thursday	0	20%
Spot Metals	100-5000 troy oz	0.5%**	0.01/0.01	Wednesday - Thursday	0	20%

Limit and Stop levels do not exceed 2 spreads for this instrument. In some cases this may be increased to 5 spreads.

On micro.mt4 accounts, if a position is modified during the final hour before the close of the trading session on Friday (a position on a currency pair is either opened or closed), the leverage for all opened and reopened positions on currency pairs will be set to 1:100. Before the beginning of the next trading session, the leverage will be reset based on your trading volume.

The alpari.micro account has the following limits:

1. Maximum number of orders: 100
2. Maximum aggregate volume of positions for each instrument: 5 lots

* Floating leverage is used for this group of instruments.

** Floating margin is used for this group of instruments.

micro.mt4
Open Account

Link to page

Ticker	Name	Minimum Spreads (pips)	Typical Spreads* (pips)	Size of 1 lot	Swap short (pips)	Swap long (pips)
AUDCAD	Australian Dollar vs Canadian Dollar	5	6	100000 AUD	-1.02	0.63
AUDCHF	Australian Dollar vs Swiss Franc	5	5.5	100000 AUD	-1.21	0.87
AUDJPY	Australian Dollar vs Japanese Yen	2	3.5	100000 AUD	-0.97	0.68
AUDNZD	Australian Dollar vs New Zealand Dollar	6	10	100000 AUD	-0.71	0.01
AUDSGD	Australian Dollar vs Singapore Dollar	8	9.5	100000 AUD	-1.54	1.02
AUDUSD	Australian Dollar vs US Dollar	1.5	2	100000 AUD	-1.17	0.83
CADCHF	Canadian Dollar vs Swiss Franc	4	5	100000 CAD	-0.40	0.10
CADJPY	Canadian Dollar vs Japanese Yen	3.5	4.5	100000 CAD	-0.31	0.06
CHFJPY	Swiss Franc vs Japanese Yen	2.5	4.5	100000 CHF	-0.07	-0.18
CHFSGD	Swiss Franc vs Singapore Dollar	8	9	100000 CHF	-0.10	-0.33
EURAUD	Euro vs Australian Dollar	4	5.5	100000 EUR	1.07	-1.60
EURCAD	Euro vs Canadian Dollar	4	6.5	100000 EUR	0.06	-0.49
EURCHF	Euro vs Swiss Franc	1.5	2.5	100000 EUR	-0.31	-0.07
EURGBP	Euro vs Great Britain Pound	1	1.6	100000 EUR	-0.08	-0.20
EURJPY	Euro vs Japanese Yen	2	2.5	100000 EUR	-0.22	-0.32
EURNZD	Euro vs New Zealand Dollar	7	10.5	100000 EUR	0.89	-1.48
EURSGD	Euro vs Singapore Dollar	8	9	100000 EUR	-0.32	-0.35
EURUSD	Euro vs US Dollar	0.5	1.3	100000 EUR	-0.19	-0.25
GBPAUD	Great Britain Pound vs Australian Dollar	7	8	100000 GBP	1.18	-1.82
GBPCAD	Great Britain Pound vs Canadian Dollar	7	8	100000 GBP	-0.06	-0.43
GBPCHF	Great Britain Pound vs Swiss Franc	5	6	100000 GBP	-0.45	-0.02
GBPJPY	Great Britain Pound vs Japanese Yen	5	6	100000 GBP	-0.33	-0.01
GBPUSD	Great Britain Pound vs US Dollar	1.5	2	100000 GBP	-0.34	-0.39
NZDCAD	New Zealand Dollar vs Canadian Dollar	7	9	100000 NZD	-0.52	0.25
NZDCHF	New Zealand Dollar vs Swiss Franc	7	9	100000 NZD	-0.67	0.45
NZDJPY	New Zealand Dollar vs Japanese Yen	5	6	100000 NZD	-0.53	0.34
NZDUSD	New Zealand Dollar vs US Dollar	3	3.5	100000 NZD	-0.63	0.39
SGDJPY	Singapore Dollar vs Japanese Yen	4.5	5.5	100000 SGD	-0.13	-0.12
USDCAD	US Dollar vs Canadian Dollar	1	2.5	100000 USD	0.10	-1.04
USDCHF	US Dollar vs Swiss Franc	1	2	100000 USD	-0.21	-0.04
USDHKD	US Dollar vs Hong Kong Dollar	4.5	5	100000 USD	-1.17	-1.06
USDJPY	US Dollar vs Japanese Yen	0.5	1.5	100000 USD	-0.13	-0.09
USDRUR	US Dollar vs Russian Ruble	130	230	100000 USD	47.32	-52.05
USDSGD	US Dollar vs Singapore Dollar	5	6	100000 USD	-0.20	-0.19

* These values may be increased depending on current market conditions.

1 pip (point) is:

the minimum change in the fourth decimal place (.0001) for currency pairs quoted to 5 figures after the decimal point
the minimum change in the second decimal place (.01) for currency pairs quoted to 3 figures after the decimal point

Link to page

Ticker	Name	Minimum Spreads (pips)	Typical Spreads* (pips)	Size of 1 lot	Swap short (pips)	Swap long (pips)
XAGEUR	Silver	8	10	5000 troy oz.	-0.03	-0.08
XAGUSD	Silver (Spot)	4	5	5000 troy oz.	-0.03	-0.11
XAUEUR	Gold	80	100	100 troy oz.	-1.28	-3.85
XAUUSD	Gold (Spot)	40	45	100 troy oz.	-1.24	-5.28

* These values may be increased depending on current market conditions.

Link to page

classic.MT4

classic.ndd.MT4

classic.systematic

classic.zulutrade

classic.ndd.zulutrade

General Information
Forex
Spot Metals

Trading Instruments	1 Lot	Maximum Leverage / Margin	Minimum Lot / Step	Triple Swap	Commission	Stop Out
Forex	100 000	1:500*	0.1/0.01	Wednesday - Thursday	0	20%
Spot Metals	100-5000 troy oz	0.5%**	0.1/0.01	Wednesday - Thursday	0	20%

Limit and Stop levels do not exceed 2 spreads for this instrument. In some cases this may be increased to 5 spreads.

On classic.mt4 accounts, if a position is modified during the final hour before the close of the trading session on Friday (a position on a currency pair is either opened or closed), the leverage for all opened and reopened positions on currency pairs will be set to 1:100. Before the beginning of the next trading session, the leverage will be reset based on your trading volume.

Important: Maximum number of orders - 100.

* Floating leverage is used for this group of instruments.
** Floating margin is used for this group of instruments.

classic.mt4
Open Account

Link to page

Ticker	Name	Minimum Spreads (pips)	Typical Spreads* (pips)	Size of 1 lot	Swap short (pips)	Swap long (pips)
AUDCAD	Australian Dollar vs Canadian Dollar	5	6	100000 AUD	-1.02	0.63
AUDCHF	Australian Dollar vs Swiss Franc	5	5.5	100000 AUD	-1.21	0.87
AUDDKK	Australian Dollar vs Danish Krone	30	32.5	100000 AUD	-7.30	4.98
AUDJPY	Australian Dollar vs Japanese Yen	2	3.5	100000 AUD	-0.97	0.68
AUDNOK	Australian Dollar vs Norwegian Krone	49.5	53.5	100000 AUD	-5.04	2.17
AUDNZD	Australian Dollar vs New Zealand Dollar	6	10	100000 AUD	-0.71	0.01
AUDSEK	Australian Dollar vs Swedish Krone	29.5	48.5	100000 AUD	-5.77	2.62
AUDSGD	Australian Dollar vs Singapore Dollar	8	9.5	100000 AUD	-1.54	1.02
AUDUSD	Australian Dollar vs US Dollar	1.5	2	100000 AUD	-1.17	0.83
CADCHF	Canadian Dollar vs Swiss Franc	0.4	0.5	100000 CAD	-0.40	0.10
CADJPY	Canadian Dollar vs Japanese Yen	3.5	4.5	100000 CAD	-0.31	0.06
CHFJPY	Swiss Franc vs Japanese Yen	2.5	4.5	100000 CHF	-0.07	-0.18
CHFNOK	Swiss Franc vs Norwegian Krone	29.5	38	100000 CHF	1.94	-4.25
CHFPLN	Swiss Franc vs Polish Zloty	20	35	100000 CHF	3.85	-4.62
CHFSGD	Swiss Franc vs Singapore Dollar	8	9	100000 CHF	-0.10	-0.33
EURAUD	Euro vs Australian Dollar	4	5.5	100000 EUR	1.07	-1.60
EURCAD	Euro vs Canadian Dollar	4	6.5	100000 EUR	0.06	-0.49
EURCHF	Euro vs Swiss Franc	1.5	2.5	100000 EUR	-0.31	-0.07
EURDKK	Euro vs Danish Krone	9.5	10	100000 EUR	-1.86	-1.02
EURGBP	Euro vs Great Britain Pound	1	1.6	100000 EUR	-0.08	-0.20
EURHKD	Euro vs Hong Kong Dollar	20	23.5	100000 EUR	-1.84	-0.49
EURJPY	Euro vs Japanese Yen	2	2.5	100000 EUR	-0.22	-0.32
EURNOK	Euro vs Norwegian Krone	49.5	54.5	100000 EUR	1.70	-4.75
EURNZD	Euro vs New Zealand Dollar	7	10.5	100000 EUR	0.89	-1.48
EURPLN	Euro vs Polish Zloty	30	32	100000 EUR	4.22	-4.64
EURSEK	Euro vs Swedish Krone	29.5	52.5	100000 EUR	2.17	-5.72
EURSGD	Euro vs Singapore Dollar	8	9	100000 EUR	-0.32	-0.35
EURTRY	Euro vs Turkish New Lira	8	8	100000 USD	1.96	-2.55
EURUSD	Euro vs US Dollar	0.5	1.5	100000 EUR	-0.19	-0.25
GBPAUD	Great Britain Pound vs Australian Dollar	7	8	100000 GBP	1.18	-1.82
GBPCAD	Great Britain Pound vs Canadian Dollar	7	8	100000 GBP	-0.06	-0.43
GBPCHF	Great Britain Pound vs Swiss Franc	5	6	100000 GBP	-0.45	-0.02
GBPDKK	Great Britain Pound vs Danish Krone	39.5	54.5	100000 GBP	-2.56	-0.36
GBPHUF	Great Britain Pound vs Hungarian Forint	20	40	100000 GBP	2.52	-2.77
GBPJPY	Great Britain Pound vs Japanese Yen	5	6	100000 GBP	-0.33	-0.01
GBPNOK	Great Britain Pound vs Norwegian Krone	69.5	73	100000 GBP	2.97	-4.82
GBPPLN	Great Britain Pound vs Polish Zloty	30	42	100000 GBP	4.43	-5.32
GBPSEK	Great Britain Pound vs Swedish Krone	70	73	100000 GBP	1.90	-5.90
GBPSGD	Great Britain Pound vs Singapore Dollar	13	14	100000 GBP	-0.50	-0.20
GBPUSD	Great Britain Pound vs US Dollar	1.5	2	100000 GBP	-0.34	-0.39
NZDCAD	New Zealand Dollar vs Canadian Dollar	7	9	100000 NZD	-0.52	0.25
NZDCHF	New Zealand Dollar vs Swiss Franc	7	9	100000 NZD	-0.67	0.45
NZDJPY	New Zealand Dollar vs Japanese Yen	5	6	100000 NZD	-0.53	0.34
NZDSGD	New Zealand Dollar vs Singapore Dollar	11	12.5	100000 NZD	-0.85	0.49
NZDUSD	New Zealand Dollar vs US Dollar	3	3.5	100000 NZD	-0.63	0.39
SGDJPY	Singapore Dollar vs Japanese Yen	4.5	5.5	100000 SGD	-0.13	-0.12
USDCAD	US Dollar vs Canadian Dollar	1	2.5	100000 USD	0.10	-1.04
USDCHF	US Dollar vs Swiss Franc	1	2	100000 USD	-0.21	-0.04
USDCZK	US Dollar vs Сzech Koruna	2	2	100000 USD	0.01	-0.01
USDDKK	US Dollar vs Danish Krone	19.5	25.5	100000 USD	-1.37	-0.65
USDHKD	US Dollar vs Hong Kong Dollar	4.5	5	100000 USD	-1.17	-1.06
USDHUF	US Dollar vs Hungarian Forint	15	27	100000 USD	2.14	-2.35
USDJPY	US Dollar vs Japanese Yen	0.5	1.5	100000 USD	-0.13	-0.09
USDMXN	US Dollar vs Mexican Peso	55	84.5	100000 USD	28.40	-39.77
USDNOK	US Dollar vs Norwegian Krone	49.5	56.5	100000 USD	1.29	-3.52
USDPLN	US Dollar vs Polish Zloty	30	35	100000 USD	3.61	-4.69
USDRUR	US Dollar vs Russian Ruble	130	230	100000 USD	47.32	-52.05
USDSEK	US Dollar vs Swedish Krone	74.5	76	100000 USD	2.50	-3.25
USDSGD	US Dollar vs Singapore Dollar	5	6	100000 USD	-0.20	-0.19
USDTRY	US Dollar vs Turkish New Lira	6	6	100000 USD	1.69	-2.20
USDZAR	US Dollar vs South Africa Rand	120	122	100000 USD	10.48	-10.17

* These values may be increased depending on current market conditions.

1 pip (point) is:

the minimum change in the fourth decimal place (.0001) for currency pairs quoted to 5 figures after the decimal point
the minimum change in the second decimal place (.01) for currency pairs quoted to 3 figures after the decimal point

Link to page

Ticker	Name	Minimum Spreads (pips)	Typical Spreads* (pips)	Size of 1 lot	Swap short (pips)	Swap long (pips)
XAGEUR	Silver	8	10	5000 troy oz.	-0.03	-0.08
XAGUSD	Silver (Spot)	4	5	5000 troy oz.	-0.03	-0.11
XAUEUR	Gold	80	100	100 troy oz.	-1.28	-3.85
XAUUSD	Gold (Spot)	40	45	100 troy oz.	-1.24	-5.28

* These values may be increased depending on current market conditions.

Link to page

Trading Instruments	1 Lot	Maximum Leverage / Margin	Minimum Lot / Step	Triple Swap	Commission	Stop Out
Forex	100 000	1:500*	0.01 lot/0.01	Wednesday - Thursday	15 USD	20%
Spot Metals	100-5000 troy oz	1%	0.01 lot/0.01	Wednesday - Thursday	15 USD	20%

Ticker	Name	Minimum Spreads (pips)	Typical Spreads* (pips)	Size of 1 lot	Swap short (pips)	Swap long (pips)
AUDDKK	Australian Dollar vs Danish Krone	30	32.5	100000 AUD	-7.30	4.98
AUDNOK	Australian Dollar vs Norwegian Krone	49.5	53.5	100000 AUD	-5.04	2.17
AUDSEK	Australian Dollar vs Swedish Krone	29.5	48.5	100000 AUD	-5.77	2.62
AUDSGD	Australian Dollar vs Singapore Dollar	8	13	100000 AUD	-1.54	1.02
CADCHF	Canadian Dollar vs Swiss Franc	4	8	100000 CAD	-0.40	0.10
CHFNOK	Swiss Franc vs Norwegian Krone	29.5	38	100000 CHF	1.94	-4.25
CHFSGD	Swiss Franc vs Singapore Dollar	8	12	100000 CHF	-0.10	-0.33
EURDKK	Euro vs Danish Krone	9.5	15	100000 EUR	-1.86	-1.02
EURHKD	Euro vs Hong Kong Dollar	20	30	100000 EUR	-1.84	-0.49
EURNOK	Euro vs Norwegian Krone	49.5	54.5	100000 EUR	1.70	-4.75
EURSEK	Euro vs Swedish Krone	29.5	75	100000 EUR	2.17	-5.72
EURSGD	Euro vs Singapore Dollar	8	15	100000 EUR	-0.32	-0.35
GBPCAD	Great Britain Pound vs Canadian Dollar	7	10	100000 GBP	-0.06	-0.43
GBPDKK	Great Britain Pound vs Danish Krone	39.5	54.5	100000 GBP	-2.56	-0.36
GBPNOK	Great Britain Pound vs Norwegian Krone	69.5	100	100000 GBP	2.97	-4.82
GBPSEK	Great Britain Pound vs Swedish Krone	70	73	100000 GBP	1.90	-5.90
GBPSGD	Great Britain Pound vs Singapore Dollar	13	14	100000 GBP	-0.50	-0.20
NZDCAD	New Zealand Dollar vs Canadian Dollar	8	13	100000 NZD	-0.52	0.25
NZDCHF	New Zealand Dollar vs Swiss Franc	8	13	100000 NZD	-0.67	0.45
NZDSGD	New Zealand Dollar vs Singapore Dollar	12	15	100000 NZD	-0.85	0.49
USDDKK	US Dollar vs Danish Krone	19.5	25.5	100000 USD	-1.37	-0.65

Ticker	Name	Minimum Spreads (pips)	Typical Spreads* (pips)	Size of 1 lot	Swap short (pips)	Swap long (pips)
XAGUSD	Silver (Spot)	4	5	5000 troy oz.	-0.03	-0.11
XAUUSD	Gold (Spot)	40	45	100 troy oz.	-1.24	-5.28

Trading Instruments	1 Lot	Maximum Leverage / Margin	Minimum Lot / Step	Triple Swap	Commission (pips)	Stop Out
Forex	100 000	1:500*	0.01 lot/0.01	Wednesday - Thursday	2	20%
Spot Metals	100-5000 troy oz	1%	0.01 lot/0.01	Wednesday - Thursday	2	20%

Ticker	Name	Minimum Spreads (pips)	Typical Spreads* (pips)	Size of 1 lot	Swap short (pips)	Swap long (pips)
AUDCAD	Australian Dollar vs Canadian Dollar	7	8	100000 AUD	-1.02	0.63
AUDCHF	Australian Dollar vs Swiss Franc	7	7.5	100000 AUD	-1.21	0.87
AUDDKK	Australian Dollar vs Danish Krone	32	34.5	100000 AUD	-7.30	4.98
AUDJPY	Australian Dollar vs Japanese Yen	2	5.5	100000 AUD	-0.97	0.68
AUDNOK	Australian Dollar vs Norwegian Krone	49.5	55.5	100000 AUD	-5.04	2.17
AUDNZD	Australian Dollar vs New Zealand Dollar	8	12	100000 AUD	-0.71	0.01
AUDSEK	Australian Dollar vs Swedish Krone	29.5	48.5	100000 AUD	-5.77	2.62
AUDSGD	Australian Dollar vs Singapore Dollar	10	11.5	100000 AUD	-1.54	1.02
AUDUSD	Australian Dollar vs US Dollar	3.5	4	100000 AUD	-1.17	0.83
CADCHF	Canadian Dollar vs Swiss Franc	6	7	100000 CAD	-0.40	0.10
CADJPY	Canadian Dollar vs Japanese Yen	3.5	6.5	100000 CAD	-0.31	0.06
CHFJPY	Swiss Franc vs Japanese Yen	2.5	6.5	100000 CHF	-0.07	-0.18
CHFNOK	Swiss Franc vs Norwegian Krone	29.5	40	100000 CHF	1.94	-4.25
CHFSGD	Swiss Franc vs Singapore Dollar	10	11	100000 CHF	-0.10	-0.33
EURAUD	Euro vs Australian Dollar	6	7.5	100000 EUR	1.07	-1.60
EURCAD	Euro vs Canadian Dollar	6	8.5	100000 EUR	0.06	-0.49
EURCHF	Euro vs Swiss Franc	3.5	4.5	100000 EUR	-0.31	-0.07
EURDKK	Euro vs Danish Krone	9.5	12	100000 EUR	-1.86	-1.02
EURGBP	Euro vs Great Britain Pound	3	2.6	100000 EUR	-0.08	-0.20
EURHKD	Euro vs Hong Kong Dollar	22	25.5	100000 EUR	-1.84	-0.49
EURJPY	Euro vs Japanese Yen	2	2.5	100000 EUR	-0.22	-0.32
EURNOK	Euro vs Norwegian Krone	49.5	56.5	100000 EUR	1.70	-4.75
EURNZD	Euro vs New Zealand Dollar	9	12.5	100000 EUR	0.89	-1.48
EURSEK	Euro vs Swedish Krone	29.5	54.5	100000 EUR	2.17	-5.72
EURSGD	Euro vs Singapore Dollar	10	11	100000 EUR	-0.32	-0.35
EURUSD	Euro vs US Dollar	0.5	1.5	100000 EUR	-0.19	-0.25
GBPAUD	Great Britain Pound vs Australian Dollar	9	10	100000 GBP	1.18	-1.82
GBPCAD	Great Britain Pound vs Canadian Dollar	9	10	100000 GBP	-0.06	-0.43
GBPCHF	Great Britain Pound vs Swiss Franc	7	8	100000 GBP	-0.45	-0.02
GBPDKK	Great Britain Pound vs Danish Krone	39.5	54.5	100000 GBP	-2.56	-0.36
GBPJPY	Great Britain Pound vs Japanese Yen	7	8	100000 GBP	-0.33	-0.01
GBPNOK	Great Britain Pound vs Norwegian Krone	69.5	75	100000 GBP	2.97	-4.82
GBPSEK	Great Britain Pound vs Swedish Krone	72	75	100000 GBP	1.90	-5.90
GBPSGD	Great Britain Pound vs Singapore Dollar	15	16	100000 GBP	-0.50	-0.20
GBPUSD	Great Britain Pound vs US Dollar	3.5	2	100000 GBP	-0.34	-0.39
NZDCAD	New Zealand Dollar vs Canadian Dollar	9	11	100000 NZD	-0.52	0.25
NZDCHF	New Zealand Dollar vs Swiss Franc	9	11	100000 NZD	-0.67	0.45
NZDJPY	New Zealand Dollar vs Japanese Yen	7	8	100000 NZD	-0.53	0.34
NZDSGD	New Zealand Dollar vs Singapore Dollar	13	14.5	100000 NZD	-0.85	0.49
NZDUSD	New Zealand Dollar vs US Dollar	5	5.5	100000 NZD	-0.63	0.39
SGDJPY	Singapore Dollar vs Japanese Yen	4.5	7.5	100000 SGD	-0.13	-0.12
USDCAD	US Dollar vs Canadian Dollar	3	4.5	100000 USD	0.10	-1.04
USDCHF	US Dollar vs Swiss Franc	3	2	100000 USD	-0.21	-0.04
USDDKK	US Dollar vs Danish Krone	19.5	25.5	100000 USD	-1.37	-0.65
USDHKD	US Dollar vs Hong Kong Dollar	4.5	7	100000 USD	-1.17	-1.06
USDJPY	US Dollar vs Japanese Yen	0.5	2.5	100000 USD	-0.13	-0.09
USDMXN	US Dollar vs Mexican Peso	57	86.5	100000 USD	28.40	-39.77
USDNOK	US Dollar vs Norwegian Krone	49.5	58.5	100000 USD	1.29	-3.52
USDSEK	US Dollar vs Swedish Krone	74.5	78	100000 USD	2.50	-3.25
USDSGD	US Dollar vs Singapore Dollar	7	8	100000 USD	-0.20	-0.19
USDZAR	US Dollar vs South Africa Rand	122	124	100000 USD	10.48	-10.17

Ticker	Name	Minimum Spreads (pips)	Typical Spreads* (pips)	Size of 1 lot	Swap short (pips)	Swap long (pips)
XAGUSD	Silver (Spot)	6	7	5000 troy oz.	-0.03	-0.11
XAUUSD	Gold (Spot)	40	45	100 troy oz.	-1.24	-5.28

Ticker	Name	Minimum Spreads (pips)	Typical Spreads* (pips)	Size of 1 lot	Swap short (pips)	Swap long (pips)
XAGUSD	Silver (Spot)	2	4	5000 troy oz.	-0.03	-0.11
XAUUSD	Gold (Spot)	1	35	100 troy oz.	-1.24	-5.28

General Information
Forex
Spot Metals

Trading Instruments	1 Lot	Maximum Leverage / Margin	Minimum Lot / Step	Triple Swap	Commission	Stop Out
Forex	100,000	1:100	0.01/0.01	Wednesday - Thursday	3 USD	60%
Spot Metals	100-5000 troy oz	0.5%*	0.01/0.01	Wednesday - Thursday	5 USD	60%

Limit and Stop levels do not exceed 2 spreads for this instrument. In some cases this may be increased to 5 spreads.

From 23:55 to 00:05 (CET, GMT +1) there will be a bank rollover, leading to a sharp drop in market liquidity, and consequentially, a rise in spreads. During this rollover period, there may be an increase in order processing time. We would recommend that you not leave any stop orders open during this time.

On classic.ndd.zulutrade accounts, the Stop Out level will be changed to 100% during the final hour before the close of the trading session on Friday. After the close of the trading session, the Stop Out level will be reset to the previous level.

Important: Maximum number of orders - 100.

* Floating leverage is used for this group of instruments.

** Floating margin is used for this group of instruments.

Attention: On classic.ndd.zulutrade accounts, the commission for using the ZuluTrade platform is a widening of the market spread by one pip. The commission for clients who opened their accounts through the site http://zulutrade.com/ is a widening of the market spread by two pips.

classic.ndd.zulutrade
Open Account

Link to page

Ticker	Name	Minimum Spreads	Typical Spreads	Size of 1 lot	Swap Short (Pips)	Swap Long (Pips)
AUDCAD	Australian Dollar vs Canadian Dollar	0.4	2	100000 AUD	-1.65	0.50
AUDCHF	Australian Dollar vs Swiss Franc	0.3	1.5	100000 AUD	-1.72	0.76
AUDJPY	Australian Dollar vs Japanese Yen	0.1	1	100000 AUD	-1.48	0.66
AUDNZD	Australian Dollar vs New Zealand Dollar	0.1	3	100000 AUD	-1.63	-0.34
AUDUSD	Australian Dollar vs US Dollar	0.1	1	100000 AUD	-1.80	0.75
CADCHF	Canadian Dollar vs Swiss Franc	0.4	3	100000 CAD	-0.33	0.13
CADJPY	Canadian Dollar vs Japanese Yen	1.4	1	100000 CAD	-0.28	0.11
CHFJPY	Swiss Franc vs Japanese Yen	0.2	1	100000 CHF	-0.02	-0.03
EURAUD	Euro vs Australian Dollar	1.4	1.5	100000 EUR	0.82	-2.38
EURCAD	Euro vs Canadian Dollar	1.4	2	100000 EUR	-0.09	-0.37
EURCHF	Euro vs Swiss Franc	0.1	1	100000 EUR	-0.31	0.04
EURGBP	Euro vs Great Britain Pound	0.1	2	100000 EUR	-0.17	-0.12
EURJPY	Euro vs Japanese Yen	0.1	1	100000 EUR	-0.26	0.04
EURNOK	Euro vs Norwegian Krone	0.4	14	100000 EUR	0.97	-5.75
EURNZD	Euro vs New Zealand Dollar	0.4	4	100000 EUR	0.56	-1.83
EURSEK	Euro vs Swedish Krone	0.4	13	100000 EUR	-0.01	-3.79
EURUSD	Euro vs US Dollar	1.1	0.8	100000 EUR	-0.29	-0.03
GBPAUD	Great Britain Pound vs Australian Dollar	0.1	2.5	100000 GBP	1.01	-2.84
GBPCAD	Great Britain Pound vs Canadian Dollar	0.4	4	100000 GBP	-0.06	-0.48
GBPCHF	Great Britain Pound vs Swiss Franc	0.1	2.5	100000 GBP	-0.32	0.01
GBPJPY	Great Britain Pound vs Japanese Yen	1.4	2	100000 GBP	-0.26	0.01
GBPNZD	Great Britain Pound vs Zealand Dollar	0.4	4.5	100000 GBP	0.72	-2.20
GBPUSD	Great Britain Pound vs US Dollar	1.1	1	100000 GBP	-0.30	-0.08
HKDJPY	Hong Kong Dollar vs Japanese Yen	0.5	7.5	100000 HKD	-0.01	-0.01
NZDCAD	New Zealand Dollar vs Canadian Dollar	0.4	3	100000 NZD	-0.72	0.16
NZDCHF	New Zealand Dollar vs Swiss Franc	0.4	2.5	100000 NZD	-0.81	0.38
NZDJPY	New Zealand Dollar vs Japanese Yen	1.4	1.5	100000 NZD	-0.69	0.33
NZDUSD	New Zealand Dollar vs US Dollar	0.1	1.5	100000 NZD	-0.84	0.36
USDCAD	US Dollar vs Canadian Dollar	0.1	1	100000 USD	0.08	-0.31
USDCHF	US Dollar vs Swiss Franc	0.2	1	100000 USD	-0.09	-0.01
USDJPY	US Dollar vs Japanese Yen	1.1	0.5	100000 USD	-0.07	-0.01
USDNOK	US Dollar vs Norwegian Krone	0.4	12.5	100000 USD	1.55	-4.41
USDSEK	US Dollar vs Swedish Krone	0.4	13	100000 USD	0.95	-3.02

* Floating leverage is used for this group of instruments.

** Floating margin is used for this group of instruments.

classic.ndd.zulutrade
Open Account

Link to page

Ticker	Name	Minimum Spreads (pips)	Typical Spreads* (pips)	Size of 1 lot	Swap short (pips)	Swap long (pips)
XAGUSD	Silver (Spot)	2	4	5000 troy oz.	-0.03	-0.13
XAUUSD	Gold (Spot)	3	37	100 troy oz.	-2.1	-4.23

* Floating leverage is used for this group of instruments.

** Floating margin is used for this group of instruments.

Link to page

pamm.MT4

pamm.ndd.MT4

pamm.ecn.MT4

pamm.systematic

General Information
Forex
Spot Metals

Trading Instruments	1 Lot	Maximum Leverage / Margin	Minimum Lot / Step	Triple Swap	Commission	Stop Out
Forex	100 000	1:100*	0.01/0.01	Wednesday - Thursday	0	20%
Spot Metals	100-5000 troy oz	0.5%**	0.01/0.01	Wednesday - Thursday	0	20%

Limit and Stop levels do not exceed 2 spreads for this instrument. In some cases this may be increased to 5 spreads.

* Floating leverage is used for this group of instruments.
** Floating margin is used for this group of instruments.

pamm.mt4
Open Account

Link to page

Ticker	Name	Minimum Spreads (pips)	Typical Spreads* (pips)	Size of 1 lot	Swap short (pips)	Swap long (pips)
AUDCAD	Australian Dollar vs Canadian Dollar	5	8	100000 AUD	-1.02	0.63
AUDCHF	Australian Dollar vs Swiss Franc	5	8	100000 AUD	-1.21	0.87
AUDDKK	Australian Dollar vs Danish Krone	30	32.5	100000 AUD	-7.30	4.98
AUDJPY	Australian Dollar vs Japanese Yen	2	5	100000 AUD	-0.97	0.68
AUDNOK	Australian Dollar vs Norwegian Krone	49.5	53.5	100000 AUD	-5.04	2.17
AUDNZD	Australian Dollar vs New Zealand Dollar	10	20	100000 AUD	-0.71	0.01
AUDSEK	Australian Dollar vs Swedish Krone	29.5	48.5	100000 AUD	-5.77	2.62
AUDSGD	Australian Dollar vs Singapore Dollar	8	13	100000 AUD	-1.54	1.02
AUDUSD	Australian Dollar vs US Dollar	1.5	3	100000 AUD	-1.17	0.83
CADCHF	Canadian Dollar vs Swiss Franc	4	8	100000 CAD	-0.40	0.10
CADJPY	Canadian Dollar vs Japanese Yen	3.5	8	100000 CAD	-0.31	0.06
CHFJPY	Swiss Franc vs Japanese Yen	2.5	8	100000 CHF	-0.07	-0.18
CHFNOK	Swiss Franc vs Norwegian Krone	29.5	38	100000 CHF	1.94	-4.25
CHFSGD	Swiss Franc vs Singapore Dollar	8	12	100000 CHF	-0.10	-0.33
EURAUD	Euro vs Australian Dollar	5	8	100000 EUR	1.07	-1.60
EURCAD	Euro vs Canadian Dollar	6	13	100000 EUR	0.06	-0.49
EURCHF	Euro vs Swiss Franc	1.5	3	100000 EUR	-0.31	-0.07
EURDKK	Euro vs Danish Krone	9.5	15	100000 EUR	-1.86	-1.02
EURGBP	Euro vs Great Britain Pound	1.5	3	100000 EUR	-0.08	-0.20
EURHKD	Euro vs Hong Kong Dollar	20	30	100000 EUR	-1.84	-0.49
EURJPY	Euro vs Japanese Yen	2	2.5	100000 EUR	-0.22	-0.32
EURNOK	Euro vs Norwegian Krone	49.5	54.5	100000 EUR	1.70	-4.75
EURNZD	Euro vs New Zealand Dollar	10	20	100000 EUR	0.89	-1.48
EURSEK	Euro vs Swedish Krone	29.5	52.5	100000 EUR	2.17	-5.72
EURSGD	Euro vs Singapore Dollar	8	15	100000 EUR	-0.32	-0.35
EURUSD	Euro vs US Dollar	0.5	1.3	100000 EUR	-0.19	-0.25
GBPAUD	Great Britain Pound vs Australian Dollar	7	10	100000 GBP	1.18	-1.82
GBPCAD	Great Britain Pound vs Canadian Dollar	7	10	100000 GBP	-0.06	-0.43
GBPCHF	Great Britain Pound vs Swiss Franc	5	8	100000 GBP	-0.45	-0.02
GBPDKK	Great Britain Pound vs Danish Krone	39.5	54.5	100000 GBP	-2.56	-0.36
GBPJPY	Great Britain Pound vs Japanese Yen	5	8	100000 GBP	-0.33	-0.01
GBPNOK	Great Britain Pound vs Norwegian Krone	69.5	73	100000 GBP	2.97	-4.82
GBPSEK	Great Britain Pound vs Swedish Krone	70	73	100000 GBP	1.90	-5.90
GBPSGD	Great Britain Pound vs Singapore Dollar	13	14	100000 GBP	-0.50	-0.20
GBPUSD	Great Britain Pound vs US Dollar	1.5	2	100000 GBP	-0.34	-0.39
NZDCAD	New Zealand Dollar vs Canadian Dollar	8	13	100000 NZD	-0.52	0.25
NZDCHF	New Zealand Dollar vs Swiss Franc	8	13	100000 NZD	-0.67	0.45
NZDJPY	New Zealand Dollar vs Japanese Yen	5	8	100000 NZD	-0.53	0.34
NZDSGD	New Zealand Dollar vs Singapore Dollar	12	15	100000 NZD	-0.85	0.49
NZDUSD	New Zealand Dollar vs US Dollar	3	4	100000 NZD	-0.63	0.39
SGDJPY	Singapore Dollar vs Japanese Yen	4.5	8	100000 SGD	-0.13	-0.12
USDCAD	US Dollar vs Canadian Dollar	1	2	100000 USD	0.10	-1.04
USDCHF	US Dollar vs Swiss Franc	1	2	100000 USD	-0.21	-0.04
USDDKK	US Dollar vs Danish Krone	19.5	25.5	100000 USD	-1.37	-0.65
USDHKD	US Dollar vs Hong Kong Dollar	4.5	6	100000 USD	-1.17	-1.06
USDJPY	US Dollar vs Japanese Yen	0.5	1.5	100000 USD	-0.13	-0.09
USDMXN	US Dollar vs Mexican Peso	55	84.5	100000 USD	28.40	-39.77
USDNOK	US Dollar vs Norwegian Krone	49.5	56.5	100000 USD	1.29	-3.52
USDRUR	US Dollar vs Russian Ruble	130	230	100000 USD	47.32	-52.05
USDSEK	US Dollar vs Swedish Krone	74.5	76	100000 USD	2.50	-3.25
USDSGD	US Dollar vs Singapore Dollar	5	8	100000 USD	-0.20	-0.19
USDZAR	US Dollar vs South Africa Rand	120	122	100000 USD	10.48	-10.17

* These values may be increased depending on current market conditions.

1 pip (point) is:

the minimum change in the fourth decimal place (.0001) for currency pairs quoted to 5 figures after the decimal point
the minimum change in the second decimal place (.01) for currency pairs quoted to 3 figures after the decimal point

Link to page

Ticker	Name	Minimum Spreads (pips)	Typical Spreads* (pips)	Size of 1 lot	Swap short (pips)	Swap long (pips)
XAGEUR	Silver	8	10	5000 troy oz.	-0.03	-0.08
XAGUSD	Silver (Spot)	4	5	5000 troy oz.	-0.03	-0.11
XAUEUR	Gold	80	100	100 troy oz.	-1.28	-3.85
XAUUSD	Gold (Spot)	40	45	100 troy oz.	-1.24	-5.28

* These values may be increased depending on current market conditions.

Link to page

General Information
Forex
Spot Metals

Trading Instruments	1 Lot	Maximum Leverage / Margin	Minimum Lot / Step	Triple Swap	Commission	Stop Out
Forex	100,000	1:100	0.01/0.01	Wednesday - Thursday	3 USD	60%
Spot Metals	100-5000 troy oz	0.5%*	0.01/0.01	Wednesday - Thursday	5 USD	60%

Limit and Stop levels do not exceed 2 spreads for this instrument. In some cases this may be increased to 5 spreads.

* Floating leverage is used for this group of instruments.

** Floating margin is used for this group of instruments.

On pamm.ndd.mt4 accounts, the Stop Out level will be changed to 100% during the final hour before the close of the trading session on Friday. After the close of the trading session, the Stop Out level will be reset to the previous level.

Attention: From 21:45 to 22:30 (EET, GMT +1), there may be a clearing recess in the trading session on all instruments associated with the transfer of the value date by bank liquidity providers (the length of the trading recess depends on the liquidity provider and usually is around 15 minutes).

pamm.ndd.mt4
Open Account

Link to page

Ticker	Name	Minimum Spreads	Typical Spreads	Size of 1 lot	Swap Short (Pips)	Swap Long (Pips)
AUDCAD	Australian Dollar vs Canadian Dollar	0.4	2	100000 AUD	-1.02	0.63
AUDCHF	Australian Dollar vs Swiss Franc	0.3	1.5	100000 AUD	-1.21	0.87
AUDJPY	Australian Dollar vs Japanese Yen	0.1	1	100000 AUD	-0.97	0.68
AUDNZD	Australian Dollar vs New Zealand Dollar	0.1	3	100000 AUD	-0.71	0.01
AUDSGD	Australian Dollar vs Singapore Dollar	1	5	100000 AUD	-1.54	1.02
AUDUSD	Australian Dollar vs US Dollar	0.1	1	100000 AUD	-1.17	0.83
CADCHF	Canadian Dollar vs Swiss Franc	0.4	3	100000 CAD	-0.40	0.10
CADJPY	Canadian Dollar vs Japanese Yen	0.4	1	100000 CAD	-0.31	0.06
CHFJPY	Swiss Franc vs Japanese Yen	0.2	1	100000 CHF	-0.07	-0.18
CHFSGD	Swiss Franc vs Singapore Dollar	0.5	4	100000 CHF	-0.10	-0.33
EURAUD	Euro vs Australian Dollar	0.4	1.5	100000 EUR	1.07	-1.60
EURCAD	Euro vs Canadian Dollar	0.4	2	100000 EUR	0.06	-0.49
EURCHF	Euro vs Swiss Franc	0.1	1	100000 EUR	-0.31	-0.07
EURDKK	Euro vs Danish Krone	0.5	4	100000 EUR	-1.86	-1.02
EURGBP	Euro vs Great Britain Pound	0.1	1	100000 EUR	-0.08	-0.20
EURHKD	Euro vs Hong Kong Dollar	0.5	7.5	100000 EUR	-1.84	-0.49
EURJPY	Euro vs Japanese Yen	0.1	1	100000 EUR	-0.22	-0.32
EURNOK	Euro vs Norwegian Krone	0.4	14	100000 EUR	1.70	-4.75
EURNZD	Euro vs New Zealand Dollar	0.4	4	100000 EUR	0.89	-1.48
EURSEK	Euro vs Swedish Krone	0.4	13	100000 EUR	2.17	-5.72
EURSGD	Euro vs Singapore Dollar	2.5	6	100000 EUR	-0.32	-0.35
EURUSD	Euro vs US Dollar	0.1	0.8	100000 EUR	-0.19	-0.25
GBPAUD	Great Britain Pound vs Australian Dollar	0.1	2.5	100000 GBP	1.18	-1.82
GBPCAD	Great Britain Pound vs Canadian Dollar	0.4	4	100000 GBP	-0.06	-0.43
GBPCHF	Great Britain Pound vs Swiss Franc	0.1	2.5	100000 GBP	-0.45	-0.02
GBPJPY	Great Britain Pound vs Japanese Yen	0.4	2	100000 GBP	-0.33	-0.01
GBPNZD	Great Britain Pound vs Zealand Dollar	0.4	4.5	100000 GBP	1.00	-1.62
GBPUSD	Great Britain Pound vs US Dollar	0.1	1	100000 GBP	-0.34	-0.39
HKDJPY	Hong Kong Dollar vs Japanese Yen	0.5	7.5	100000 HKD	-0.14	-0.51
NZDCAD	New Zealand Dollar vs Canadian Dollar	0.4	3	100000 NZD	-0.52	0.25
NZDCHF	New Zealand Dollar vs Swiss Franc	0.4	2.5	100000 NZD	-0.67	0.45
NZDJPY	New Zealand Dollar vs Japanese Yen	0.4	1.5	100000 NZD	-0.53	0.34
NZDUSD	New Zealand Dollar vs US Dollar	0.1	1.5	100000 NZD	-0.63	0.39
USDCAD	US Dollar vs Canadian Dollar	0.1	1	100000 USD	0.10	-1.04
USDCHF	US Dollar vs Swiss Franc	0.2	1	100000 USD	-0.21	-0.04
USDDKK	US Dollar vs Danish Krone	0.5	4	100000 USD	-1.37	-0.65
USDHKD	US Dollar vs Hong Kong Dollar	1	3	100000 USD	-1.17	-1.06
USDJPY	US Dollar vs Japanese Yen	0.1	0.5	100000 USD	-0.13	-0.09
USDMXN	US Dollar vs Mexican Peso	4.5	56.5	100000 USD	28.40	-39.77
USDNOK	US Dollar vs Norwegian Krone	0.4	12.5	100000 USD	1.29	-3.52
USDSEK	US Dollar vs Swedish Krone	0.4	13	100000 USD	2.50	-3.25
USDSGD	US Dollar vs Singapore Dollar	5	6	100000 USD	-0.20	-0.19
USDZAR	US Dollar vs South Africa Rand	2	39.5	100000 USD	10.48	-10.17

* Floating leverage is used for this group of instruments.

** Floating margin is used for this group of instruments.

pamm.ndd.mt4
Open Account

Link to page

Ticker	Name	Minimum Spreads (pips)	Typical Spreads* (pips)	Size of 1 lot	Swap short (pips)	Swap long (pips)
XAGUSD	Silver (Spot)	2	4	5000 troy oz.	-0.03	-0.13
XAUUSD	Gold (Spot)	3	37	100 troy oz.	-2.1	-4.23

* Floating leverage is used for this group of instruments.

** Floating margin is used for this group of instruments.

Link to page

Ticker	Name	Minimum Spreads	Typical Spreads	Size of 1 lot	Swap Short (Pips)	Swap Long (Pips)
AUDCAD	Australian Dollar vs Canadian Dollar	Market	Market	100000 AUD	-1.02	0.63
AUDCHF	Australian Dollar vs Swiss Franc	Market	Market	100000 AUD	-1.21	0.87
AUDJPY	Australian Dollar vs Japanese Yen	Market	Market	100000 AUD	-0.97	0.68
AUDNZD	Australian Dollar vs New Zealand Dollar	Market	Market	100000 AUD	-0.71	0.01
AUDSGD	Australian Dollar vs Singapore Dollar	Market	Market	100000 AUD	-1.54	1.02
AUDUSD	Australian Dollar vs US Dollar	Market	Market	100000 AUD	-1.17	0.83
CADCHF	Canadian Dollar vs Swiss Franc	Market	Market	100000 CAD	-0.40	0.10
CADJPY	Canadian Dollar vs Japanese Yen	Market	Market	100000 CAD	-0.31	0.06
CADSGD	Canadian Dollar vs Japanese Yen	Market	Market	100000 CAD	-0.37	0.14
CHFJPY	Swiss Franc vs Japanese Yen	Market	Market	100000 CHF	-0.07	-0.18
CHFSGD	Swiss Franc vs Singapore Dollar	Market	Market	100000 CHF	-0.10	-0.33
EURAUD	Euro vs Australian Dollar	Market	Market	100000 EUR	1.07	-1.60
EURCAD	Euro vs Canadian Dollar	Market	Market	100000 EUR	0.06	-0.49
EURCHF	Euro vs Swiss Franc	Market	Market	100000 EUR	-0.31	-0.07
EURDKK	Euro vs Danish Krone	Market	Market	100000 EUR	-1.86	-1.02
EURGBP	Euro vs Great Britain Pound	Market	Market	100000 EUR	-0.08	-0.20
EURHKD	Euro vs Hong Kong Dollar	Market	Market	100000 EUR	-1.84	-0.49
EURJPY	Euro vs Japanese Yen	Market	Market	100000 EUR	-0.22	-0.32
EURNOK	Euro vs Norwegian Krone	Market	Market	100000 EUR	1.70	-4.75
EURNZD	Euro vs New Zealand Dollar	Market	Market	100000 EUR	0.89	-1.48
EURSEK	Euro vs Swedish Krone	Market	Market	100000 EUR	2.17	-5.72
EURSGD	Euro vs Singapore Dollar	Market	Market	100000 EUR	-0.32	-0.35
EURUSD	Euro vs US Dollar	Market	Market	100000 EUR	-0.19	-0.25
GBPAUD	Great Britain Pound vs Australian Dollar	Market	Market	100000 GBP	1.18	-1.82
GBPCAD	Great Britain Pound vs Canadian Dollar	Market	Market	100000 GBP	-0.06	-0.43
GBPCHF	Great Britain Pound vs Swiss Franc	Market	Market	100000 GBP	-0.45	-0.02
GBPJPY	Great Britain Pound vs Japanese Yen	Market	Market	100000 GBP	-0.33	-0.01
GBPNOK	Great Britain Pound vs Norwegian Krone	Market	Market	100000 GBP	2.97	-4.82
GBPNZD	Great Britain Pound vs Zealand Dollar	Market	Market	100000 GBP	1.00	-1.62
GBPSEK	Great Britain Pound vs Swedish Krone	Market	Market	100000 GBP	1.90	-5.90
GBPSGD	Great Britain Pound vs Singapore Dollar	Market	Market	100000 GBP	-0.50	-0.20
GBPUSD	Great Britain Pound vs US Dollar	Market	Market	100000 GBP	-0.34	-0.39
HKDJPY	Hong Kong Dollar vs Japanese Yen	Market	Market	100000 HKD	-0.14	-0.51
NOKJPY	Norwegian Krone vs Japanese Yen	Market	Market	100000 NOK	-0.07	0.04
NOKSEK	Norwegian Krone vs Swedish Krone	Market	Market	100000 NOK	-0.18	-0.21
NZDCAD	New Zealand Dollar vs Canadian Dollar	Market	Market	100000 NZD	-0.52	0.25
NZDCHF	New Zealand Dollar vs Swiss Franc	Market	Market	100000 NZD	-0.67	0.45
NZDJPY	New Zealand Dollar vs Japanese Yen	Market	Market	100000 NZD	-0.53	0.34
NZDSGD	New Zealand Dollar vs Singapore Dollar	Market	Market	100000 NZD	-0.85	0.49
NZDUSD	New Zealand Dollar vs US Dollar	Market	Market	100000 NZD	-0.63	0.39
SEKJPY	Swedish Krone vs Japanese Yen	Market	Market	100000 SEK	-0.06	0.04
SGDJPY	Singapore Dollar vs Japanese Yen	Market	Market	100000 SGD	-0.13	-0.12
USDCAD	US Dollar vs Canadian Dollar	Market	Market	100000 USD	0.10	-1.04
USDCHF	US Dollar vs Swiss Franc	Market	Market	100000 USD	-0.21	-0.04
USDDKK	US Dollar vs Danish Krone	Market	Market	100000 USD	-1.37	-0.65
USDHKD	US Dollar vs Hong Kong Dollar	Market	Market	100000 USD	-1.17	-1.06
USDJPY	US Dollar vs Japanese Yen	Market	Market	100000 USD	-0.13	-0.09
USDNOK	US Dollar vs Norwegian Krone	Market	Market	100000 USD	1.29	-3.52
USDSEK	US Dollar vs Swedish Krone	Market	Market	100000 USD	2.50	-3.25
USDSGD	US Dollar vs Singapore Dollar	Market	Market	100000 USD	-0.20	-0.19

Trading Instruments	1 Lot	Maximum Leverage / Margin	Minimum Lot / Step	Triple Swap	Commission	Stop Out
Forex	100 000	1:100 - 1:10*	0.01 lot/0.01	Wednesday - Thursday	15 USD	20%
Spot Metals	100-5000 troy oz	1%	0.01 lot/0.01	Wednesday - Thursday	15 USD	20%

Ticker	Name	Minimum Spreads (pips)	Typical Spreads* (pips)	Size of 1 lot	Swap short (pips)	Swap long (pips)
AUDDKK	Australian Dollar vs Danish Krone	30	32.5	100000 AUD	-7.30	4.98
AUDNOK	Australian Dollar vs Norwegian Krone	49.5	53.5	100000 AUD	-5.04	2.17
AUDSEK	Australian Dollar vs Swedish Krone	29.5	48.5	100000 AUD	-5.77	2.62
AUDSGD	Australian Dollar vs Singapore Dollar	8	13	100000 AUD	-1.54	1.02
CADCHF	Canadian Dollar vs Swiss Franc	4	8	100000 CAD	-0.40	0.10
CHFNOK	Swiss Franc vs Norwegian Krone	29.5	38	100000 CHF	1.94	-4.25
CHFSGD	Swiss Franc vs Singapore Dollar	8	12	100000 CHF	-0.10	-0.33
EURDKK	Euro vs Danish Krone	9.5	15	100000 EUR	-1.86	-1.02
EURHKD	Euro vs Hong Kong Dollar	20	30	100000 EUR	-1.84	-0.49
EURNOK	Euro vs Norwegian Krone	49.5	54.5	100000 EUR	1.70	-4.75
EURSEK	Euro vs Swedish Krone	29.5	75	100000 EUR	2.17	-5.72
EURSGD	Euro vs Singapore Dollar	8	15	100000 EUR	-0.32	-0.35
GBPCAD	Great Britain Pound vs Canadian Dollar	7	10	100000 GBP	-0.06	-0.43
GBPDKK	Great Britain Pound vs Danish Krone	39.5	54.5	100000 GBP	-2.56	-0.36
GBPNOK	Great Britain Pound vs Norwegian Krone	69.5	100	100000 GBP	2.97	-4.82
GBPSEK	Great Britain Pound vs Swedish Krone	70	73	100000 GBP	1.90	-5.90
GBPSGD	Great Britain Pound vs Singapore Dollar	13	14	100000 GBP	-0.50	-0.20
NZDCAD	New Zealand Dollar vs Canadian Dollar	8	13	100000 NZD	-0.52	0.25
NZDCHF	New Zealand Dollar vs Swiss Franc	8	13	100000 NZD	-0.67	0.45
NZDSGD	New Zealand Dollar vs Singapore Dollar	12	15	100000 NZD	-0.85	0.49
USDDKK	US Dollar vs Danish Krone	19.5	25.5	100000 USD	-1.37	-0.65

Ticker	Name	Minimum Spreads (pips)	Typical Spreads* (pips)	Size of 1 lot	Swap short (pips)	Swap long (pips)
XAGUSD	Silver (Spot)	4	5	5000 troy oz.	-0.03	-0.11
XAUUSD	Gold (Spot)	40	45	100 troy oz.	-1.24	-5.28

pro.direct

pro.ecn.MT4

Ticker	Name	Minimum Spreads (pips)	Typical Spreads* (pips)	Size of 1 lot	Swap short (pips)	Swap long (pips)
AUDCAD	Australian Dollar vs Canadian Dollar	0.6	2.5	100000 AUD	-1.02	0.63
AUDCHF	Australian Dollar vs Swiss Franc	0.6	3	100000 AUD	-1.21	0.87
AUDJPY	Australian Dollar vs Japanese Yen	0.6	2	100000 AUD	-0.97	0.68
AUDNZD	Australian Dollar vs New Zealand Dollar	1	5	100000 AUD	-0.71	0.01
AUDUSD	Australian Dollar vs US Dollar	0.8	1.5	100000 AUD	-1.17	0.83
CADCHF	Canadian Dollar vs Swiss Franc	0.6	3.5	100000 CAD	-0.40	0.10
CADJPY	Canadian Dollar vs Japanese Yen	0.6	2	100000 CAD	-0.31	0.06
CADSGD	Canadian Dollar vs Japanese Yen	8	15	100000 CAD	-0.37	0.14
CHFJPY	Swiss Franc vs Japanese Yen	1	2.5	100000 CHF	-0.07	-0.18
CHFSGD	Swiss Franc vs Singapore Dollar	3	9	100000 CHF	-0.10	-0.33
EURAUD	Euro vs Australian Dollar	0.6	2.5	100000 EUR	1.07	-1.60
EURCAD	Euro vs Canadian Dollar	0.6	2.5	100000 EUR	0.06	-0.49
EURCHF	Euro vs Swiss Franc	0.6	2.5	100000 EUR	-0.31	-0.07
EURDKK	Euro vs Danish Krone	0.8	3	100000 EUR	-1.86	-1.02
EURGBP	Euro vs Great Britain Pound	0.4	1	100000 EUR	-0.08	-0.20
EURHKD	Euro vs Hong Kong Dollar	6	20	100000 EUR	-1.84	-0.49
EURJPY	Euro vs Japanese Yen	0.4	1.5	100000 EUR	-0.22	-0.32
EURNOK	Euro vs Norwegian Krone	1	18	100000 EUR	1.70	-4.75
EURNZD	Euro vs New Zealand Dollar	0.8	5	100000 EUR	0.89	-1.48
EURSEK	Euro vs Swedish Krone	1	18	100000 EUR	2.17	-5.72
EURSGD	Euro vs Singapore Dollar	3.5	9.5	100000 EUR	-0.32	-0.35
EURUSD	Euro vs US Dollar	0.3	15	100000 EUR	-0.19	-0.25
GBPAUD	Great Britain Pound vs Australian Dollar	0.7	3	100000 GBP	1.18	-1.82
GBPCAD	Great Britain Pound vs Canadian Dollar	0.8	4	100000 GBP	-0.06	-0.43
GBPCHF	Great Britain Pound vs Swiss Franc	0.6	4	100000 GBP	-0.45	-0.02
GBPJPY	Great Britain Pound vs Japanese Yen	0.8	2.5	100000 GBP	-0.33	-0.01
GBPNOK	Great Britain Pound vs Norwegian Krone	10	70	100000 GBP	2.97	-4.82
GBPNZD	Great Britain Pound vs Zealand Dollar	1	6.5	100000 GBP	1.00	-1.62
GBPSEK	Great Britain Pound vs Swedish Krone	12	80	100000 GBP	1.90	-5.90
GBPSGD	Great Britain Pound vs Singapore Dollar	11	25	100000 GBP	-0.50	-0.20
GBPUSD	Great Britain Pound vs US Dollar	0.4	1.5	100000 GBP	-0.34	-0.39
HKDJPY	Hong Kong Dollar vs Japanese Yen	0.1	0.3	100000 HKD	-0.14	-0.51
NOKJPY	Norwegian Krone vs Japanese Yen	0.1	0.5	100000 NOK	-0.07	0.04
NOKSEK	Norwegian Krone vs Swedish Krone	1.5	9	100000 NOK	-0.18	-0.21
NZDCAD	New Zealand Dollar vs Canadian Dollar	0.7	4	100000 NZD	-0.52	0.25
NZDCHF	New Zealand Dollar vs Swiss Franc	0.8	3.5	100000 NZD	-0.67	0.45
NZDJPY	New Zealand Dollar vs Japanese Yen	0.6	2.5	100000 NZD	-0.53	0.34
NZDSGD	New Zealand Dollar vs Singapore Dollar	3	8	100000 NZD	-0.85	0.49
NZDUSD	New Zealand Dollar vs US Dollar	0.6	2.5	100000 NZD	-0.63	0.39
SEKJPY	Swedish Krone vs Japanese Yen	0.5	1	100000 SEK	-0.06	0.04
SGDJPY	Singapore Dollar vs Japanese Yen	0.6	4	100000 SGD	-0.13	-0.12
USDCAD	US Dollar vs Canadian Dollar	0.4	1.5	100000 USD	0.10	-1.04
USDCHF	US Dollar vs Swiss Franc	0.3	2	100000 USD	-0.21	-0.04
USDDKK	US Dollar vs Danish Krone	0.6	5	100000 USD	-1.37	-0.65
USDHKD	US Dollar vs Hong Kong Dollar	0.6	2.5	100000 USD	-1.17	-1.06
USDJPY	US Dollar vs Japanese Yen	0.3	1	100000 USD	-0.13	-0.09
USDMXN	US Dollar vs Mexican Peso	0	200	100000 USD	28.40	-39.77
USDNOK	US Dollar vs Norwegian Krone	2	18	100000 USD	1.29	-3.52
USDSEK	US Dollar vs Swedish Krone	2	20	100000 USD	2.50	-3.25
USDSGD	US Dollar vs Singapore Dollar	0.8	5	100000 USD	-0.20	-0.19

* These values may be increased depending on current market conditions.

Attention: At Alpari, a bank rollover takes place daily from 23:55 to 00:05 MetaTrader server time (or longer). We encourage our clients to try to avoid making trades or placing orders during this period of increased spreads and decreased liquidity.In the event of inadequate liquidity during bank rollover, Alpari reserves the right to temporarily freeze trading without prior notice.

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Ticker	Name	Minimum Spreads (pips)	Typical Spreads* (pips)	Size of 1 lot	Swap short (pips)	Swap long (pips)
AUDCAD	Australian Dollar vs Canadian Dollar	0.6	2.5	100000 AUD	-1.02	0.63
AUDCHF	Australian Dollar vs Swiss Franc	0.6	3	100000 AUD	-1.21	0.87
AUDJPY	Australian Dollar vs Japanese Yen	0.6	2	100000 AUD	-0.97	0.68
AUDNZD	Australian Dollar vs New Zealand Dollar	1	5	100000 AUD	-0.71	0.01
AUDSGD	Australian Dollar vs Singapore Dollar	2.8	9	100000 AUD	-1.54	1.02
AUDUSD	Australian Dollar vs US Dollar	0.8	1.5	100000 AUD	-1.17	0.83
CADCHF	Canadian Dollar vs Swiss Franc	0.6	3.5	100000 CAD	-0.40	0.10
CADJPY	Canadian Dollar vs Japanese Yen	0.6	2	100000 CAD	-0.31	0.06
CADSGD	Canadian Dollar vs Japanese Yen	8	15	100000 CAD	-0.37	0.14
CHFJPY	Swiss Franc vs Japanese Yen	1	2.5	100000 CHF	-0.07	-0.18
CHFSGD	Swiss Franc vs Singapore Dollar	3	9	100000 CHF	-0.10	-0.33
EURAUD	Euro vs Australian Dollar	0.6	2.5	100000 EUR	1.07	-1.60
EURCAD	Euro vs Canadian Dollar	0.6	2.5	100000 EUR	0.06	-0.49
EURCHF	Euro vs Swiss Franc	0.6	2.5	100000 EUR	-0.31	-0.07
EURDKK	Euro vs Danish Krone	0.8	3	100000 EUR	-1.86	-1.02
EURGBP	Euro vs Great Britain Pound	0.4	1	100000 EUR	-0.08	-0.20
EURHKD	Euro vs Hong Kong Dollar	6	20	100000 EUR	-1.84	-0.49
EURJPY	Euro vs Japanese Yen	0.4	1.5	100000 EUR	-0.22	-0.32
EURNOK	Euro vs Norwegian Krone	1	18	100000 EUR	1.70	-4.75
EURNZD	Euro vs New Zealand Dollar	0.8	5	100000 EUR	0.89	-1.48
EURSEK	Euro vs Swedish Krone	1	18	100000 EUR	2.17	-5.72
EURSGD	Euro vs Singapore Dollar	3.5	9.5	100000 EUR	-0.32	-0.35
EURUSD	Euro vs US Dollar	0.3	1	100000 EUR	-0.19	-0.25
GBPAUD	Great Britain Pound vs Australian Dollar	0.7	3	100000 GBP	1.18	-1.82
GBPCAD	Great Britain Pound vs Canadian Dollar	0.8	4	100000 GBP	-0.06	-0.43
GBPCHF	Great Britain Pound vs Swiss Franc	0.6	4	100000 GBP	-0.45	-0.02
GBPJPY	Great Britain Pound vs Japanese Yen	0.8	2.5	100000 GBP	-0.33	-0.01
GBPNOK	Great Britain Pound vs Norwegian Krone	10	70	100000 GBP	2.97	-4.82
GBPNZD	Great Britain Pound vs Zealand Dollar	1	6.5	100000 GBP	1.00	-1.62
GBPSEK	Great Britain Pound vs Swedish Krone	12	80	100000 GBP	1.90	-5.90
GBPSGD	Great Britain Pound vs Singapore Dollar	11	25	100000 GBP	-0.50	-0.20
GBPUSD	Great Britain Pound vs US Dollar	0.4	1.5	100000 GBP	-0.34	-0.39
HKDJPY	Hong Kong Dollar vs Japanese Yen	0.1	0.3	100000 HKD	-0.14	-0.51
NOKJPY	Norwegian Krone vs Japanese Yen	0.1	0.5	100000 NOK	-0.07	0.04
NOKSEK	Norwegian Krone vs Swedish Krone	1.5	9	100000 NOK	-0.18	-0.21
NZDCAD	New Zealand Dollar vs Canadian Dollar	0.7	4	100000 NZD	-0.52	0.25
NZDCHF	New Zealand Dollar vs Swiss Franc	0.8	3.5	100000 NZD	-0.67	0.45
NZDJPY	New Zealand Dollar vs Japanese Yen	0.6	2.5	100000 NZD	-0.53	0.34
NZDSGD	New Zealand Dollar vs Singapore Dollar	3	8	100000 NZD	-0.85	0.49
NZDUSD	New Zealand Dollar vs US Dollar	0.6	2.5	100000 NZD	-0.63	0.39
SEKJPY	Swedish Krone vs Japanese Yen	0.5	1	100000 SEK	-0.06	0.04
SGDJPY	Singapore Dollar vs Japanese Yen	0.6	4	100000 SGD	-0.13	-0.12
USDCAD	US Dollar vs Canadian Dollar	0.4	1.5	100000 USD	0.10	-1.04
USDCHF	US Dollar vs Swiss Franc	0.3	2	100000 USD	-0.21	-0.04
USDDKK	US Dollar vs Danish Krone	0.6	5	100000 USD	-1.37	-0.65
USDHKD	US Dollar vs Hong Kong Dollar	0.6	2.5	100000 USD	-1.17	-1.06
USDJPY	US Dollar vs Japanese Yen	0.3	1	100000 USD	-0.13	-0.09
USDNOK	US Dollar vs Norwegian Krone	2	18	100000 USD	1.29	-3.52
USDSEK	US Dollar vs Swedish Krone	2	20	100000 USD	2.50	-3.25
USDSGD	US Dollar vs Singapore Dollar	0.8	5	100000 USD	-0.20	-0.19

* These values may be increased depending on current market conditions.

Important: When trading on a pro.ecn.mt4 account, you are allowed a maximum of 100 open orders at a time.

On pro.ecn.mt4 accounts, the Stop Out level will be changed to 100% during the final hour before the close of the trading session on Friday. After the close of the trading session, the Stop Out level will be reset to the previous level.

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