Euro Pacific Bank Limited

MT4 Trading Conditions

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Global Trading offers several types of accounts and minimum spreads in pips based on your initial deposit.

SymbolStandardAdvancedPrime
Required Deposit$1K-$25K$25K-$100K$100K+
AUDCAD2.62.21.6
AUDCHF43.63
AUDJPY2.21.81.2
AUDNZD3.22.82.2
AUDUSD1.81.40.8
CADCHF3.83.42.8
CADJPY1.91.50.9
CHFJPY1.91.50.9
EURAUD2.421.4
EURCAD2.421.4
EURCHF1.91.50.9
EURGBP1.81.40.8
EURJPY21.61
EURNZD5.454.4
EURUSD1.81.40.8
GBPAUD2.421.4
GBPCAD5.454.4
GBPCHF3.53.12.5
GBPJPY2.421.4
GBPNZD8.487.4
GBPUSD1.81.40.8
NZDCAD4.94.53.9
NZDCHF4.443.4
NZDJPY2.421.4
NZDUSD1.81.40.8
USDCAD21.61
USDCHF21.61
USDJPY1.81.40.8
XAGUSD3.432.4
XAUUSD3.432.4
AUS_2002.22.22.2
BRENT0.050.050.05
ESP_35666
EUR_501.81.81.8
FRA_401.21.21.2
GBR_1001.21.21.2
GER_301.21.21.2
JPN225161616
NAS1002.22.22.2
NED_250.450.450.45
SPX5000.60.60.6
SUI_20555
US303.23.23.2
WTI_OIL0.050.050.05
SymbolNormal MarginCurrent Margin2
AUDCAD1%3.5%
AUDCHF2%3.5%
AUDJPY1%3.5%
AUDNZD2%3.5%
AUDUSD1%3.5%
CADCHF2%3.5%
CADJPY1%3.5%
CHFJPY2%3.5%
EURAUD1%3.5%
EURCAD1%2.5%
EURCHF2%3.5%
EURGBP5%4.5%
EURJPY1%3.5%
EURNZD2%2.5%
EURUSD1%2.5%
GBPAUD5%4.5%
GBPCAD5%4.5%
GBPCHF5%4.5%
GBPJPY5%4.5%
GBPNZD5%4.5%
GBPUSD5%4.5%
NZDCAD2%2.5%
NZDCHF2%3.5%
NZDJPY2%3.5%
NZDUSD2%2.5%
USDCAD1%2.5%
USDCHF2%3.5%
USDJPY1%3.5%
XAGUSD4%11%
XAUUSD2%5%
AUS_2002%3%
BRENT2%5%
ESP_352%5%
EUR_502%3%
FRA_402%3%
GBR_1002%3%
GER_302%3%
JPN2252%3%
NAS1002%2.5%
NED_252%3%
SPX5002%2.5%
SUI_202%3%
US302%2.5%
WTI_OIL2%5%
SymbolTrading Hours (GMT)
AUDCADSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
AUDCHFSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
AUDJPYSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
AUDNZDSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
AUDUSDSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
CADCHFSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
CADJPYSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
CHFJPYSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
EURAUDSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
EURCADSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
EURCHFSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
EURGBPSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
EURJPYSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
EURNZDSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
EURUSDSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
GBPAUDSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
GBPCADSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
GBPCHFSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
GBPJPYSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
GBPNZDSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
GBPUSDSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
NZDCADSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
NZDCHFSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
NZDJPYSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
NZDUSDSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
USDCADSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
USDCHFSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
USDJPYSun (21:00 - 24:00) Mon-Thu (00:00 - 24:00) Fri (00:00 - 20:45)
XAGUSDSun (22:00 - 24:00) Mon-Thu (00:00 - 21:00, 22:00 - 24:00) Fri (00:00 - 20:45)
XAUUSDSun (22:00 - 24:00) Mon-Thu (00:00 - 21:00, 22:00 - 24:00) Fri (00:00 - 20:45)
AUS_200Sun (23:50 - 24:00) Mon-Thu (00:00-6:30, 07:10-21:00, 23:50-24:00) Fri (00:00-6:30, 07:10-21:00)
BRENTMon-Fri (00:00 - 21:00)
ESP_35Mon-Fri (07:00 - 18:00)
EUR_50Mon-Fri (06:00 - 20:00)
FRA_40Mon-Fri (06:00 - 20:00)
GBR_100Mon-Thu (00:00 - 20:15, 20:30 - 21:00, 22:00 - 24:00) Fri (00:00 - 20:00)
GER_30Mon-Fri (06:00 - 20:00)
JPN225Sun (23:00 - 24:00) Mon-Thu (00:00 - 20:15, 23:00 - 24:00) Fri (00:00 - 20:15)
NAS100Sun (22:00 - 24:00) Mon-Thu (00:00 - 20:15, 20:30 - 21:00, 22:00 - 24:00) Fri (00:00 - 20:15)
NED_25Mon-Fri (06:00 - 20:00)
SPX500Sun (22:00 - 24:00) Mon-Thu (00:00 - 20:15, 20:30 - 21:00, 22:00 - 24:00) Fri (00:00 - 20:15)
SUI_20Mon-Fri (06:00 - 20:00)
US30Sun (22:00 - 24:00) Mon-Thu (00:00 - 20:15, 20:30 - 21:00, 22:00 - 24:00) Fri (00:00 - 20:15)
WTI_OILSun (22:00 - 24:00) Mon-Thu (00:00 - 21:00, 22:00 - 24:00) Fri (00:00 - 21:00)

1Spreads stated above are the minimum expected spreads available for each currency pair. Minimum spreads can be subject to enlargement due to many factors including but not limited to global economic news and events, volatile market conditions, illiquid market conditions and large transaction sizes.
2On Wednesday, August 16th, 2017 at 08:00 GMT due to the growing tension between North Korea and the USA, we are increasing FX and CFD margin rates to reduce your risk against the potential high volatility, rapid price movements or market gaps that may occur in case of further political escalation.

Please refer to the table below for the definition of 1 pip in decimals for each asset.

Term Currency, Base Metal, commodities or Index 1 Pip equivalent in decimals
AUD, CAD, CHF, EUR, GBP, NZD, USD 0.0001
CL_Brent, WTI_OIL 0.001
AUS_200, CAN_60, ESP_35, EUR_50, FRA_40, GBR_100, GER_30, HKG_50, HKG_CHN_HS, IND_50, JPN225, JPY, NAS100, NED_25, NOR_25, SPX500, SUI20, US30, XAG 0.01
XAU 0.1

Lot and Trade Sizes

Global Trading’s MT4 utilizes a lot based trading system. Therefore, you are only able to trade in the ‘Minimum Trade Size’ or multiples thereof. Whenever a trade is opened, a tick or pip value is associated with each lot to provide precise profit and loss calculations in real time. The tick Value associated with each instrument is automatically converted to your accounts currency.

Term Currency, Base Metal, commodities or Index Lot Size           
AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD 100,000
XAG 5000
XAU, JPN225 100
CL_Brent, WTI_OIL, US30, SPX500, NAS100 10
AUS_200, CAN_60, ESP_35, EUR_50, FRA_40, GBR_100, GER_30, HKG_50, HKG_CHN_HS, IND_50, JPN225, NED_25, NOR_25, SUI20 1

Trade Sizes (Based on Lot Size)

Term Currency, Base Metal, commodities or Index Min Trade Size       Max Trade Size      
All FX 0.01 50
NED_25 0.1 2500
AUS_200, EUR_50, FRA_40, GBR_100, GER_30, NOR_25 0.1 750
CL_Brent, NAS100, US30, WTI_OIL 0.1 500
SPX500 0.1 250
CAN_60, ESP_35, HKG_50, HKG_CHN_HS, IND_50, SUI20 0.1 50
JPN225 0.1 5

*The minimum trade size for CFDs is 0.1 lots.

Additional Details

Trading Hours

Global Trading Ltd. (GTL) will announce and display on its best efforts basis all different trading hours (i.e. holiday schedule) via email and/or secure message to all clients. In the event of a holiday, GTL will pre-announce the start-up time when trading will resume in advance. GTL reserves the right at its sole discretion to conduct special technical maintenance, during which time trading through the Internet Trading Platform may not be available. On its best efforts basis, GTL will inform clients about the dates and times when special technical maintenance shall be carried out.

FX

The normal trading week for Foreign Exchange products (FX) begins at 21:05 GMT on Sunday and ends at 20:59 GMT on Friday with a daily trading session break from 21:00 GMT – 21:05 GMT (or such other times as may be stated).

Metals

Metal trading is available to trade 23 hours per day. During these hours you are able set pending orders, to open and close trades and to adjust price levels. When the market is closed you will not be able to take any action on positions or pending orders.

Oil

Global Trading Ltd. index trading hours are based on when their underlying reference markets are open or the times, liquidity providing partners are streaming prices. Energy products will not be open for trading during holidays in which the reference market is closed. Similar to many indices, Energy products have a daily break in addition to a daily closing. You will not be able to adjust or close existing positions or open new positons. All trading functionalitie swill cease upon the week end closing.

Indicies

Global Trading Ltd. index trading hours are based on when their underlying reference markets are open or the times, liquidity providing partners are streaming prices. Global Trading Ltd. indices will not be open for trading during holidays in which the reference markets are closed. You may also note that some indices have an intraday break in addition to a daily closing. You will not be able to adjust or close existing positions or open new positions. All trading functionalities will cease upon the end of week closing.

Trailing Stops

Trailing stops enable the client to place a stop order which changes according to the market movement. Trailing stops are enabled by default. If any client is using trailing stops, he/she acknowledges that the use of trailing stops is fully at the client’s own risk and he/she is fully aware of how this feature works. Global Trading does not make any guarantee or warranty for this service and is not liable for any damage or costs arising thereof.

Slippage

Although Global Trading aims to provide clients with the best pricing available and to get all orders filled at the requested rate, there are times when the expected price on an order is different than the executed price and this “slippage” occurs when there is insufficient liquidity at a desired price. The size of a client order, the Time in Force on the order, and the volume available at the quoted price are key factors that influence final execution.

Market Gaps

Market gaps can occur from time to time during significant news announcements or between closing prices on Friday and opening prices on Sunday. Clients should be aware that such gaps may occur and their possible effects on pending and open positions. Pending orders will be executed at the best prices available after the gap has occurred.

Swaps/Rollovers/Corporate Actions

All overnight swap rates are negative. There are no positive rollovers earned on overnight positions. The minimum swaps rate is -0.5 points on all pairs. On CFD indicies, short swaps are increased to compensate for any dividend or corporate action adjustments, as none are paid.

For FX and Metals, 3-day swaps are applied on Wednesdays. For CFD indicies and Oil contracts, 3-day swaps are applied on Fridays.