Forex

The pairing of the currencies is presented as a rate, which reflects the ratio between the values of the two currencies. For instance, the rate for buying the pair GBPUSD is 1.50514, i.e. £1 GBP = $1.50514 USD.

The Forex pairs are divided into three main groups – majors, minors and exotic pairs. The main difference between the pairs is their liquidity which is a result of the trading volume of these pair. E.g., the major currency pairs are the most traded pairs and each include the USD and another currency, while the most traded minor pairs include one of the three major non-USD currencies (The Euro, the UK Pound and the Japanese Yen). How to trade FX with Perfekt Capital Limited

Perfekt Capital Ltd offers a selection of trading platforms, for both automated and manual trading, with unique features and tools to optimize your trading experience. Whether you are interested to trade on your own, or copy the trades of others, our selection caters to all traders, where you are sure to find the one for you. We also offer the option to open a demo account on each platform, where you can practise trading on your platform of choice and master your trading skills, before you start trading in the real market with your own money.

The ability to hold larger trading positions than what one’s own capital allows is enabled through leverage given by the broker. At Perfekt Capital Ltd, traders can enjoy up to 400:1 leverage on most forex pairs. This means that a trader needs only 0.25% of a position size in order to open a position. For example, if the EURUSD pair is traded at a buying price of 1.1123. To open a position of 100,000 units of the instrument, a trader needs €111,230 Euro, or $123,721.12 USD. However, thanks to leveraged trading, the trader will need only 0.25% of this position, i.e. €278.07 Euro, or $309.30 USD. The ability to leverage one’s position is a great advantage which can magnify a trader’s profits. However, one should always have in mind that losses can be magnified as well.

When a trader opens a position at Perfekt Capital Ltd, he is not charged any other commissions beside the spread. The spread is the difference between the buy and sell price which is counted in pips – the fourth digit after the dot. For example if the buy price of EURUSD is 1.1123 and the sell price is 1.1120, then the spread is 3 pips. The spread charged for a position opened by a trader is the spread multiplied by the size of the position.

Perfekt Capital Ltd provides its traders with the ability to trade over +50 Forex pairs, including all the major currency pairs, minors and exotics. Trading Bitcoin and other digital currencies will also be available soon.

Forex instruments have streaming prices and trading functionality available continuously as follows: Pricing & Trading begin each Sunday at 17:05 ET.
Pricing & Trading end each Friday at 16:55 ET
There is a daily system reset from 16:59 until 17:05 ET during which pricing and trading is not available.