No, we do not offer currency exchange facilities.
No, we do not offer currency exchange facilities.
If you are trading forex instruments on our CFD platform there is a charge of 50 basis points (0.5%) to convert foreign currencies into your home currency. No conversion charge will apply if you are spread betting, as all products are priced in your home currency.
By utilising this automated system, ECN empowers traders of all account types, regardless of their balance size, to access the financial markets with ease and efficiency. Say goodbye to barriers and embrace a world of limitless trading possibilities through ECN.
Risk in trading is the potential for your return from a trade to be lower than you expected. That could be because you had to close it beneath your profit target, or it could mean losing all the capital you spent on the position.
No trader gets every decision right. So, it’s essential to develop a comprehensive plan for managing risk within your trading – especially when using leverage, which will amplify losses as well as profits.