MB Trading - Stocks Options Futures Forex Online Discount Trading
CURRENCY
BID
ASK
Spread
EUR/USD
 
1.28179
 
1.28186
 
0.70 pips
USD/CHF
 
1.01278
 
1.01289
 
1.10 pips
USD/JPY
 
84.28
 
84.292
 
1.20 pips
GBP/USD
 
1.54179
 
1.54183
 
0.40 pips
USD/CAD
 
1.05483
 
1.05507
 
2.40 pips
AUD/USD
 
0.9076
 
0.9078
 
2.00 pips
EUR/GBP
 
0.83129
 
0.83138
 
0.90 pips
GBP/JPY
 
129.9390
 
129.9650
 
2.60 pips
NZD/USD
 
0.7135
 
0.7138
 
3.00 pips
items of interest

"I subscribe to Barron's online but missed this (the Barron's 2006 Online Broker Survey) because it's been a busy week but I am glad you sent it to me...I agree wholeheartedly...I have been very..."

Reese - Winter Park, FL**

**The testimonial is not indicative of future success

Margin Requirements

Margin leverage is 100:1
The margin requirement on a $100,000 contract is 1%
$100,000 is equivalent to 10 lots

Account value must be above $100 to open a new Forex position.

USD based pairs (USD/JPY)

$100,000 has a $1,000 margin requirement.

image

Non USD based pairs (EUR/USD)

Current price x 1%
The base currency price (EUR) is 1.2928, giving it a $1,292.80 margin

image

Non USD related pairs (EUR/JPY)

If the pair does not contain USD, you must refer back to USD. Example: EUR/JPY would refer to EUR/USD (because it starts with EUR). So a $100,000 lot would have a margin requirement of $1,292.80.

image

If the equity in an account falls below the required margin, then all open trades will be closed at the prevailing market rate.

Login Get Started MB Trading Follow Us on Twitter