With your Prospero account, you can trade the world’s largest and most liquid financial market, with a daily trading volume of $6 trillion. Get access to 30+ currency pairs, 24 hours a day, 5 days a week (plus Saturdays while US markets remain open).
We offer the most popular forex trading platform, MetaTrader 4 (MT4), giving you a single app to analyse global market movements, set trading alerts, implement trading strategies, execute orders with flexible contract sizes, and much more. Expect quick and efficient execution of your orders, with leverage up to 400:1.
For more information please see our [Product_Disclosure_Statement].
*Prospero only provides general financial advice.
|Instrument||Spread from*(Pips)||Maximum leverage||Minimum trade size|
* Spreads are indicative only.
[Click here] for trading hours and more details on all our commodity instruments.
“Spread from” is the lowest spread that can be offered on the given product. If the underlying market spread widens during the trading day, or if you are trading out of hours, the platform spread may also widen. Spreads shown are for the first price available for the average market trade sizes in the relevant product. The spread may widen for larger trading sizes. Please refer to the MT4 platform for more information.
This data is provided for general information only and may not be current. Please refer to the product properties section of the MT4 platform for real-time information on the spreads, margin requirements, commission (if applicable), and trading hours of a particular product.
At the end of each trading day (5pm New York time), your open forex trading positions may be subject to a charge known as holding, swap, or rollover cost. The holding cost can be added to or deducted from your account depending on whether you are long or short.
FX holding costs are based on the tom-next (tomorrow to next day) rate and a fixed markup in the underlying market for the currency pair, and are expressed as points in the MT4 platform.
Most liquidity providers around the world (including global banks, financial institutions, prime brokers, and other market participants) are closed for business on Saturday and Sunday. However, they will still charge a holding cost for weekends. Generally, the foreign exchange market will calculate a three-day holding cost for an overnight open position on Wednesday. There is no holding cost on national holidays, but a holding cost for an extra day is calculated two working days before the national holiday.