Swaps
ITG adds no additional markups to swaps meaning your
financing cost is as low as possible
Highly Competitive Swap Rates
At ITG Traders we offer our customers highly competitive swap rates. When you hold your positions overnight, relax knowing that the swap rates for holding your positions are not significantly eating in to your earnings.
ITG Traders swap rates are all stored in the MT5 platform so you can check what you will be charged at any time
There’s also our trading calculators where you can calculate all the important parameters in your trading including:
- Pip Values
- How much margin will be needed
- Contract Size
You focus on your trading. We’ll focus on your calculations.
Spreads affect your trading
High Spreads
Wide spreads can be the result of low liquidity or high volatility. Exotic pairs that are not as frequently traded will typically have wider spreads
Low Spreads
Low spreads can be an indication of high liquidity in a market or low volatility. Spreads are typically lower in market sessions and outside of econmic news announcements
How spreads work
Currency pair exchange rates are always quoted in two prices, the bid and the ask. The difference between the bid and the ask price is called the ‘spread’. You can only buy at a price someone is willing to sell at (ask) and you can only sell at a price that someone is willing to buy at (bid).
Bid, ask and spread
For example, lets say the bid/ask price of AUDUSD is 0.7103 /0.7104. Here, AUD is the base currency and USD is the quote currency. In this example, you can buy AUDUSD at 0.7104 and sell at a lower price of 0.7103.
The difference between these two prices is the spread, and this is essentially the cost of your trade. The spread in this example is 0.7104-0.7103 = 0.0001.
Lets say you decide to buy 200k AUD/USD because you think the price of AUD will rise vs the USD.
Your cost of this trade would be:
0.0001 x 200,000 = $20
In another example, lets say you decide to sell 10k AUDUSD because you think the price of AUD will fall vs USD
Your cost of this trade would be:
0.0001 x 10,000 = $1
Why are low spreads so important?
As a trader, trading with low spreads can be essential to trading a profitable strategy. Many traders have had the experience of having their stop loss hit by half a pip only to have the market reverse and move back in their favor. It is possibly the most frustrating experience a trader can have, and so by trading with tighter spreads, or by building the cost of the trade into the commission, you can often hold onto that trade for another half a pip, which can be the difference between a winning or a losing trade.
We know the markets. Start trading with knowledge
Forex Account Types
Standard
Account-
Spreads: From 1.0 pips
-
Commissions: Zero
-
Minimum Deposit: $100 USD
-
Maximum Leverage: 1:400
PRO
Account-
Spreads: From zero pips
-
Commissions: $7USD round trip
-
Minimum Deposit: $100 USD
-
Maximum Leverage: 1:400
Swap Free
Account-
Spreads: From 1.5 pips
-
Commissions: Zero
-
Minimum Deposit: $100 USD
-
Maximum Leverage: 1:400
Start trading with ITG Traders
Fast account opening in 3 easy steps
1
Register
Choose account type and complete our fast and secure application form
2
Fund
Fund your account through our wide array of fast and easy methods
3
Trade
Start trading and access 80+ instruments across our platforms