Dealing Details

Spreads

Symbol	Currency Pair	Spread
AUD/CAD	Australian Dollar / Canadian Dollar	9 pips
AUD/CHF	Australian Dollar / Swiss Franc	10 pips
AUD/JPY	Australian Dollar / Japanese Yen	7 pips
AUD/NZD	Australian Dollar / New Zealand Dollar	20 pips
AUD/USD	Australian Dollar / U.S. Dollar	4 pips
CAD/CHF	Canadian Dollar / Swiss Franc	10 pips
CAD/JPY	Canadian Dollar / Japanese Yen	9 pips
CHF/JPY	Swiss Franc / Japanese Yen	8 pips
EUR/AUD	Euro / Australian Dollar	12 pips
EUR/GBP	Euro / British Pound	5 pips
EUR/CAD	Euro / Canadian Dollar	9 pips
EUR/JPY	Euro / Japanese Yen	4 pips
EUR/NZD	Euro / New Zealand Dollar	25 pips
EUR/CHF	Euro / Swiss Franc	5 pips
EUR/USD	Euro / U.S. Dollar	3 pips
GBP/AUD	British Pound / Australian Dollar	12 pips
GBP/CAD	British Pound / Canadian Dollar	15 pips
GBP/CHF	British Pound / Swiss Franc	12 pips
GBP/JPY	British Pound / Japanese Yen	9 pips
GBP/NZD	British Pound / New Zealand Dollar	30 pips
GBP/USD	British Pound / U.S. Dollar	5 pips
NZD/JPY	New Zealand Dollar / Japanese Yen	10 pips
NZD/USD	New Zealand Dollar / U.S. Dollar	7 pips
NZD/CAD	New Zealand Dollar / Canadian Dollar	20 pips
NZD/CHF	New Zealand Dollar / Swiss Franc	25 pips
USD/CAD	U.S. Dollar / Canadian Dollar	5 pips
USD/CHF	U.S. Dollar / Swiss Franc	4 pips
USD/JPY	U.S. Dollar / Japanese Yen	3 pips

Spreads that are offered during significant market events, such events including but not limited to the release of non-farm payroll data, may vary from the spreads indicated above and reflect the volatility that is occurring in the inter-bank market due to such events.

Rollover/Interest Policy (Premium)

In the spot Forex market trades settle in two business days.  If a trader sells 100,000 Euros on Tuesday, the seller must deliver 100,000 Euros on Thursday unless the position is held open and rolled over to the next value date.  As a service to our traders, ApexForex automatically rolls over all open positions to the next settlement date at 5:00 PM Eastern Standard Time.  Rollover involves exchanging the expiring position for a position expiring the following settlement date.  The positions being exchanged are not valued at the same price.  If a trader is long the currency bearing the higher interest rate, the position "being sold" is worth more than the position being acquired.  The reverse is also true; if a trader is short the currency bearing the higher interest rate, the trader is acquiring a position worth more than the one "being sold".  The amount of the difference varies based on the currency pair, the interest rate differential between the two currencies, and fluctuates day to day.

At 5:00 PM each day, funds are subtracted from or added to accounts with open positions because of this automatic roll over. On Wednesdays, the amount added or subtracted to an account as a result of rolling over a position is three times the usual amount.  This "3-Day" rollover accounts for settlement of trades through the weekend period.   When there are bank holidays in either settlement country the normal roll schedule does not apply.