Trading Conditions
Trading Hours
ForexNXT server time and charts are GMT+3. All of our currency pairs trade 24 hours a day, 5 days a week, with a break of 5 minutes everyday between 23:55 GMT +3 and 00:00 GMT +3. The market opens at 00:00 GMT +3 time zone & closes at 23:55 GMT +3 time zone.
Efficient Price Aggregation
We offer ultra tight spreads that are made possible because of our price aggregation technology which filters rates from our liquidity partners to offer the best available BID and ASK prices. Our clients benefit from access to interbank pricing and receive optimal market conditions of supply and demand. As a direct result, transactions costs are kept low and traders receive a more beneficial trading experience.
Funding Methods
We offer deposit & withdrawals by Cryptocurrencies, VLoad, Instacoins and Bank Wires. You can Start from as little as $10 account size. You can open an account with seven different base currencies: USD, EUR, BTC, XRP, LTC, BCC and ETH.
Low Latency Networks
Our clients benefit from reduced trading latency through our technology partnerships with state-of-the-art data centers based in LD4 London & Amsterdam. Our cross connections to liquidity providers reduces trade execution time offering a more effective trading environment.
Top of Book Liquidity
Our top of book liquidity access ensures large orders are filled at best market rates with additional order volumes filling any next tier rates on every order. We leverage our banking partnerships to not only deliver market driven pricing but also deep liquidity to support the needs of the most demanding traders.
Servers
Our servers are located in Amsterdam and London.
Execution Policy
We incorporate trade execution, with pricing from 20 liquidity providers and 100% automated execution. Trade execution is from as low as 50ms of latency (0.05 of a second) and settled immediately. That means no delays, no rejects and no requotes.
Minimum & Maximum Trade Quantity
ForexNXT allows a minimum trade size of 0.01 lots & a maximum of 100 lots. There is no limit to the number of orders a client can place but they should not exceed the maximum allowed volume at any time.
Support
We offer 24*5 email support, live chat & telephone support as well as full self-service Secure Client Area for managing your account, with absolute commitment to client satisfaction.