Spot FX
CMC Markets' customers are offered competitive prices on the world's major currency pairs with bid-ask spreads typically accessible only to the inter-bank Spot market.
CMC Markets offers margin rates of 2% and available trade sizes which, depending upon the traded currency pair, can be as low as S$10,000 (or currency equivalent) and as high as S$1 Billion (or currency equivalent).
All clients are offered the most professional service irrespective of trade size or frequency of dealing.
Foreign exchange trading opens at 3am Monday morning and trades continously through until Saturday morning.
Forward FX
CMC Markets also provides our clients, interested in addressing the interest rate component implicit in the Forward FX markets, with the ability of replacing their open FX positions with a new forward position at a new rate.
To cater to the needs of our diversified client base, CMC Markets quotes both outright and broken-date Forward FX prices so that our clients are able to trade FX for a future settlement date, be it a standard time-frame or a specfic date. Margin rates are 2% with minimum trade sizes which, depending upon the traded currency pair, can be as low as S$10,000 (or equivalent) and as high as S$1 Billion.
The ability to quote broken-date Forwards means that clients are able to tailor their FX trades to meet their specific cash-flow, hedging, trading or speculative requirements.
