Forex Contract Specifications

Currencies

At IMMFX, you have the option to trade over 50 currency pairs with tight spreads and clear-cut execution. The market is open for trading 24 hours a day from Monday 00:05 GMT+3 to Friday 23:55 GMT+3. Contract sizes and Leverage details below:

Currencies Contract size (1 Lot) Digits Point value per 1 lot 1 point value per 1 lot in USD* Margin per Lot, Based on 1:100 leverage** Margin per Lot, in USD Stop Level***
AUDCAD AUD100.000 5 CAD 1 1 ÷ USDCAD Rate AUD1000 1000 × AUDUSD Rate 30
AUDCHF AUD100.000 5 CHF 1 1 ÷ USDCHF Rate AUD1000 1000 × AUDUSD Rate 30
AUDJPY AUD100.000 3 JPY 100 100 ÷ USDJPY Rate AUD1000 1000 × AUDUSD Rate 30
AUDNZD AUD100.000 5 NZD 1 1 × NZDUSD Rate AUD1000 1000 × AUDUSD Rate 30
AUDUSD AUD100.000 5 USD 1 USD 1 AUD1000 1000 × AUDUSD Rate 0
CADCHF CAD100.000 5 CHF 1 1 ÷ USDCHF Rate CAD1000 1000 ÷ USDCAD Rate 30
CADJPY CAD100.000 3 JPY 100 100 ÷ USDJPY Rate CAD1000 1000 ÷ USDCAD Rate 30
CHFNOK CHF100.000 5 NOK 1 1 ÷ USDNOK Rate CHF1000 1000 ÷ USDCHF Rate 0
CHFPLN CHF100.000 5 PLN 1 1 ÷ USDPLN Rate CHF1000 1000 ÷ USDCHF Rate 0
CHFSGD CHF100.000 5 SGD 1 1 ÷ USDSGD Rate CHF1000 1000 ÷ USDCHF Rate 0
CHFJPY CHF100.000 3 JPY 100 100 ÷ USDJPY Rate CHF1000 1000 ÷ USDCHF Rate 30
EURAUD EUR 100.000 5 AUD 1 1 × AUDUSD Rate EUR 1000 1000 × EURUSD Rate 30
EURCAD EUR 100.000 5 CAD 1 1 ÷ USDCAD Rate EUR 1000 1000 × EURUSD Rate 30
EURCHF EUR 100.000 5 CHF 1 1 ÷ USDCHF Rate EUR 1000 1000 × EURUSD Rate 30
EURCZK EUR 100.000 5 CZK 1 1 ÷ USDCZK Rate EUR 1000 1000 × EURUSD Rate 0
EURGBP EUR 100.000 5 GBP 1 1 × GBPUSD Rate EUR 1000 1000 × EURUSD Rate 30
EURHKD EUR 100.000 5 HKD 1 1 ÷ USDHKD Rate EUR 1000 1000 × EURUSD Rate 0
EURDKK EUR 100.000 5 DKK 1 1 ÷ USDDKK Rate EUR 1000 1000 × EURUSD Rate 0
EURHUF EUR 100.000 3 HUF 100 100 ÷ USDHUF Rate EUR 1000 1000 × EURUSD Rate 0
EURJPY EUR 100.000 3 JPY 100 100 ÷ USDJPY Rate EUR 1000 1000 × EURUSD Rate 30
EURMXN EUR 100.000 5 MXN 1 1 ÷ USDMXN Rate EUR 1000 1000 × EURUSD Rate 30
EURNOK EUR 100.000 5 NOK 1 1 ÷ USDNOK Rate EUR 1000 1000 × EURUSD Rate 30
EURNZD EUR 100.000 5 NZD 1 1 × NZDUSD Rate EUR 1000 1000 × EURUSD Rate 30
EURPLN EUR 100.000 5 PLN 1 1 ÷ USDPLN Rate EUR 1000 1000 × EURUSD Rate 30
EURSEK EUR 100.000 5 SEK 1 1 ÷ USDSEK Rate EUR 1000 1000 × EURUSD Rate 30
EURTRY EUR 100.000 5 TRY 1 1 ÷ USDTRY Rate EUR 1000 1000 × EURUSD Rate 30
EURUSD EUR 100.000 5 USD 1 USD 1 EUR 1000 1000 × EURUSD Rate 0
EURZAR EUR 100.000 5 ZAR 1 1 ÷ USDZAR Rate EUR 1000 1000 × EURUSD Rate 30
GBPAUD GBP 100.000 5 AUD 1 1 × AUDUSD Rate GBP 1000 1000 × GBPUSD Rate 30
GBPCAD GBP 100.000 5 CAD 1 1 ÷ USDCAD Rate GBP 1000 1000 × GBPUSD Rate 30
GBPCHF GBP 100.000 5 CHF 1 1 ÷ USDCHF Rate GBP 1000 1000 × GBPUSD Rate 30
GBPDKK GBP 100.000 5 DKK 1 1 ÷ USDDKK Rate GBP 1000 1000 × GBPUSD Rate 30
GBPHKD GBP 100.000 5 HKD 1 1 ÷ USDHKD Rate GBP 1000 1000 × GBPUSD Rate
GBPJPY GBP 100.000 3 JPY 100 100 ÷ USDJPY Rate GBP 1000 1000 × GBPUSD Rate 30
GBPNOK GBP 100.000 5 NOK 1 1 ÷ USDNOK Rate GBP 1000 1000 × GBPUSD Rate 30
GBPNZD GBP 100.000 5 NZD 1 1 × NZDUSD Rate GBP 1000 1000 × GBPUSD Rate 30
GBPSGD GBP 100.000 5 SGD 1 1 ÷ USDSGD Rate GBP 1000 1000 × GBPUSD Rate 30
GBPSEK GBP 100.000 5 SEK 1 1 ÷ USDSEK Rate GBP 1000 1000 × GBPUSD Rate 30
GBPTRY GBP 100.000 5 TRY 1 1 ÷ USDTRY Rate GBP 1000 1000 × GBPUSD Rate 30
GBPUSD GBP 100.000 5 USD 1 USD 1 GBP 1000 1000 × GBPUSD Rate 0
NOKSEK NOK 100.000 5 SEK 1 1 ÷ USDSEK Rate NOK 1000 1000 ÷ USDNOK Rate 30
NZDCAD NZD 100.000 5 NZD 1 1 × NZDUSD Rate NZD 1000 1000 × NZDUSD Rate
NZDCHF NZD 100.000 5 NZD 1 1 × NZDUSD Rate NZD 1000 1000 × NZDUSD Rate 30
NZDJPY NZD 100.000 3 JPY 100 100 ÷ USDJPY Rate NZD 1000 1000 × NZDUSD Rate 30
NZDSGD NZD 100.000 5 SGD 1 1 ÷ USDSGD Rate NZD 1000 1000 × NZDUSD Rate 0
NZDUSD NZD 100.000 5 USD 1 USD 1 NZD 1000 1000 × NZDUSD Rate 0
USDCAD USD 100.000 5 CAD 1 1 ÷ USDCAD Rate USD 1000 USD 1000 0
USDCHF USD 100.000 5 CHF 1 1 ÷ USDCHF Rate USD 1000 USD 1000 0
USDCNH USD 100.000 5 CNH 1 1 ÷ USDCNH Rate USD 1000 USD 1000 30
USDCZK USD 100.000 5 CZK 1 1 ÷ USDCZK Rate USD 1000 USD 1000 30
USDDKK USD 100.000 5 DKK 1 1 ÷ USDDKK Rate USD 1000 USD 1000 30
USDHKD USD 100.000 5 HKD 1 1 ÷ USDHKD Rate USD 1000 USD 1000 30
USDHUF USD 100.000 3 HUF 100 100 ÷ USDHUF Rate USD 1000 USD 1000 30
USDRUB USD 100.000 5 RUB 1 1 ÷ USDRUB Rate USD 1000 USD 1000 30
USDJPY USD 100.000 3 JPY 100 100 ÷ USDJPY Rate USD 1000 USD 1000 0
USDMXN USD 100.000 5 MXN 1 1 ÷ USDMXN Rate USD 1000 USD 1000 30
USDNOK USD 100.000 5 NOK 1 1 ÷ USDNOK Rate USD 1000 USD 1000 30
USDILS USD 100.000 5 ILS 1 1 ÷ USDILS Rate USD 1000 USD 1000 30
USDPLN USD 100.000 5 PLN 1 1 ÷ USDPLN Rate USD 1000 USD 1000 30
USDSEK USD 100.000 5 SEK 1 1 ÷ USDSEK Rate USD 1000 USD 1000 30
USDSGD USD 100.000 5 SGD 1 1 ÷ USDSGD Rate USD 1000 USD 1000 30
USDTRY USD 100.000 5 TRY 1 1 ÷ USDTRY Rate USD 1000 USD 1000 30
USDZAR USD 100.000 5 ZAR 1 1 ÷ USDZAR Rate USD 1000 USD 1000 30

 

*Point means the last digit (ex. EURUSD is displayed in 5 digits so the last digit = 0.00001)

**Margin per lot depends on 1:100 leverage. Please note that you can only change leverage on currency pairs and metals from your BackOffice my.immfx.com

***Stop level means the allowed distance to set stop or limit order for (ex. trader can’t place stop or limit order within less than 30 points on AUDCAD)

 

Margin Calculations for Forex

Margin will be calculated from Base currency as the following:

Lots × Contract Size ÷Leverage

For example if an account has 1:400 leverage and opens a 1 lot on EURUSD at 1.13880 then the required margin as the following 1 ×100,000 ÷ 400 = EUR 250 × 1.13880 = $284.70 if an account has 1:500 leverage and opens a 1 lot on USDJPY at 110.200 then the required margin as the following 1 ×100,000 ÷ 500 = $200

Please note that you can change leverage on currency pairs at anytime from your BackOffice my.immfx.com

Profit Calculations for Forex

Profit will be calculated as the following:

(close price-open price)× Contract Size × Lots

For example: If you bought 5 lots of AUDUSD at 0.71000 and you managed to close your trade at 0.71500, then your profit will be (0.71500-0.71000) 100000 × 5 = USD 2500. If you bought 3 lots of USDCAD at 1.25500 and you managed to close your trade at 1.26000, then your profit will be (1.26000 – 1.25500) 100000 ×3 = CAD 1500, You need to convert this calculated profit of 1500 CAD to USD. Please note that the above way of profit calculations would apply to losses calculations as well in the same manner.

Forex Trading Hours

Monday – Friday: 00:05 – 23:55. Please note that Server Time is subject to Daylight Savings Time (DST), which begins on the last Sunday of March and ends on the last Sunday of October.

Winter: GMT+2

Summer: GMT+3 (DST)