Foreign Exchange

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Why Trade In The FX Market​

Foreign Exchange (FX) trading is a global market that operates 24 hrs a day, 5 days a week and sees approximately $4 Trillion in daily turnover.  This means the FX market is highly liquid and offers traders the opportunity to take either long or short positions on currencies with considerably high levels of leverage.

How does FX Trading work?

FX Trading has traditionally been Over-the-Counter (OTC). Clients typically trade with a market maker as opposed to trading with other participants. 

Benefits of Foreign Exchange Trading

Risks of Foreign Exchange Trading

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Open a new Foreign Exchange account and get a full product tour today.

Frequently Asked Questions

FX trades can be placed via our MT4 trading platform.

The minimum trading size for FX is 1 micro lot or 1,000 units (0.01 x 1 lot) of base currency.

US$500 deposit is required to open an account with Gleneagle Securities. There is no minimum requirement to maintain an account.

Please contact Gleneagle Securities to modify your account’s leverage.

From the time you receive a margin call notification, you have 24 – 48 hours to deposit additional collateral. During times of rapid market movements, you may be required to provide additional collateral earlier. Should this be the case, Gleneagle Securities will notify you.