Trading Conditions and Spreads

MYFX Markets offer Managed Account (MAM) and Percentage Allocation Management Module (PAMM) services. These allow Money Managers to effectively oversee and manage the trading accounts of investors and their sub-accounts.

MYFX Markets exclusively provides trading services from Monday through Friday. For our trading hours during public holidays, kindly refer to our website for the most up-to-date information.

There are no restrictions on hedging positions.

A micro lot is 1,000 units, a mini lot is 10,000 units, and a standard lot is 100,000 units of the base currency.

A swap rate is an interest rate differential between two currencies, and it's calculated based on market conditions and the position you hold.

The Forex market operates 24 hours a day, five days a week. Trading starts on a Sunday evening at 22:00 GMT and will continue to Friday evening at 21:59 GMT. Please remember this will be 22: 00 BST during daylight saving.

We offer both commission-free (Standard Account) and commission-based (Pro Account) trading accounts. Spreads and overnight financing charges may apply.

Cryptocurrency CFDs operate differently from the standard "Lots" used in Forex trading. When you engage in cryptocurrency CFD trading, you're essentially acquiring a contract with a predefined quantity of tokens. The specific token quantity can vary based on the cryptocurrency, so we encourage you to consult our cryptocurrency asset schedule for detailed information.

MYFX Markets offers the opportunity to trade micro lots (with a volume of 0.01 and a base currency of 1,000) on both standard and pro accounts for all FX pairs. For detailed product specifications, please consult the Product Schedule.

MYFX Markets permits a wide range of trading activities, including the use of Expert Advisors (EAs), scalping, and hedging strategies. However, we strictly prohibit any unlawful trading techniques. For detailed information on what constitutes unlawful trading techniques, kindly refer to our Client Agreement.