Contract For Difference (CFD)
For those who would like an alternative to trading futures online, MEX proudly offers flexible online trading options with Contract for Differences (CFD’s).
For those who would like an alternative to trading futures online, MEX proudly offers flexible online trading options with Contract for Differences (CFD’s).
MEX gives you the opportunity to trade Forex (FX) on the International Forex Market, through our award winning ECN Trading Platforms.
The Metals we offer include, but are not limited to, Gold, Silver, Platinum, Copper, Aluminium and others.
Discover large range of trading instruments by ASIC regulated broker in Australia
Open Live AccountMEX gives you the opportunity to trade Forex (FX) on the International Forex Market, through our award winning ECN Trading Platforms.
The information provided in the table below is in PIPs.
Symbol | Priced Digits | ECN From | ECN Average | Classic Average |
---|---|---|---|---|
AUDUSD | 5 | 0 | 0.2 | 0.7 |
EURAUD | 5 | 0 | 0.8 | 1.3 |
EURGBP | 5 | 0 | 0.5 | 1.0 |
EURJPY | 3 | 0 | 0.3 | 0.8 |
EURUSD | 5 | 0 | 0.2 | 0.5 |
GBPJPY | 3 | 0 | 1.1 | 1.6 |
GBPUSD | 5 | 0 | 0.3 | 0.8 |
NZDUSD | 5 | 0 | 0.3 | 0.8 |
USDCAD | 5 | 0 | 0.3 | 0.8 |
USDCHF | 5 | 0 | 0.3 | 0.8 |
USDJPY | 3 | 0 | 0.2 | 0.7 |
The Metals we offer include, but are not limited to, Gold, Silver, Platinum, Copper, Aluminium and others.
Online trading in gold is straight forward with Forex. In the Forex market, gold is considered the form of money, and so is silver. Online gold trading is electronic trade; our clients can sell and buy Gold in the same way as the other currency pairs. But there is a difference: gold, silver can only be traded against the U.S. Dollar (USD). Prices are always expressed in U.S. dollars.
The information provided in the table below is in PIPs.
Symbol | Priced Digits | ECN From | Classic Average |
---|---|---|---|
XAUUSD | 2 | 0.4 | 1.5 |
XAGUSD | 4 | 7.9 | 15 |
For those who would like an alternative to trading futures online, MEX proudly offers flexible online trading options with Contract for Differences (CFD’s). MEX offers a variety of CFD instruments such as Equities and Commodities in the European, U.S. and Asian Markets including Brent Crude Oil and Bullion Contracts.
We are currently offering the following products to be traded as a CFD.
Commodity | Symbol | Margin | Trading Hours (ET) | Currency | Equivalent Underlying Quantity |
---|---|---|---|---|---|
Spot UK Crude | UKO/USD | 1% | Sun - Fri 20:05 - 17:00 (Trading Break 17:00 - 20:05) | USD | 1 Lot = 100 barrels 0.1 Lot = 10 barrels 0.01 Lot = 1 barrel |
Spot US Crude | USO/USD | 1% | Sun - Fri 18:00 - 17:00 (Trading Break 17:00 -18:00) | USD | 1 Lot = 100 barrels 0.1 Lot = 10 barrels 0.01 Lot = 1 barrel |
Our indices are the cash product which means they are daily contracts. You cannot trade smaller than 1 CFD/1.0 Lot. For 1 CFD/1 Lot in MT4, the margin used will be 1% of the market price per 1 CFD contract. For example, if the ASX200 is trading at $4000, 1 CFD will use $40 AUD in margin and have a value of $1 AUD per tick, 4000 moves to 4001. If the trader would like to replicate the ‘futures’ tick value simply place 25 CFD contracts/lot to equal $25 AUD per tick.
*For the most accurate Session Times please refer to the Specifications of the instrument on the MEX MT4 Terminal in accordance to the MT4 Server Time.
Cash Index | Symbol | Margin (per 1 CFD) | Trading Hours (Server Time +3 GMT) | Daily Contract | Currency | Exchange |
---|---|---|---|---|---|---|
Australian 200 Index | AXCAUD | 1% of the market price | Mon - Fri 02:50 - 09:30 , 11:10 - 24:00 (Friday Close 23:00)* | Daily Roll | AUD | ASX - Australian Securities Exchange |
France 40 Index | FRCEUR | 1% of the market price | Mon - Fri 09:00 - 24:00 (Friday Close 24:00)* | Daily Roll | EUR | XPAR - Euronext Paris |
Germany 30 Index | GECEUR | 1% of the market price | Mon - Fri 01:00 - 23:15, 23:30 - 24:00 (Friday Close 23:15)* | Daily Roll | EUR | XETRA - Frankfurt Stock Exchange |
Hong Kong 50 Index | HKCHKD | 1% of the market price | Mon - Fri 04:15 - 07:00, 08:00 - 11:30, 12:15 - 22:00 (Friday Close 22:00)* | Daily Roll | HKD | HKEX - Hong Kong Stock Exchange |
Japan 225 Index | JPCJPY | 1% of the market price | Mon - Fri 01:00 - 24:00 (Friday Close 24:00)* | Daily Roll | JPY | TSE - Tokyo Stock Exchange |
UK 100 Index | UKCGBP | 1% of the market price | Mon - Fri 01:00 - 23:15, 23:30 - 24:00 (Friday Close 23:15)* | Daily Roll | GBP | LSE - London Stock Exchange |
US SPX 500 Index | SPCUSD | 1% of the market price | Mon - Fri 01:00 - 23:15, 23:30 - 24:00 (Friday Close 24:00)* | Daily Roll | USD | NYSE - New York Stock Exchange |
US Tech 100 Index | NACUSD | 1% of the market price | Mon - Fri 01:00 - 23:15, 23:30 - 24:00 (Friday Close 24:00)* | Daily Roll | USD | NASDAQ - National Association of Securities Dealers Automated Quotations |
US Wall Street 30 Index | DJCUSD | 1% of the market price | Mon - Fri 01:00 - 23:15, 23:30 - 24:00 (Friday Close 24:00)* | Daily Roll | USD | NYSE - New York Stock Exchange |