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Indices Specification
All information has been provided in the table bellow is the Indices’ specification for Standard Account only. The specification for different type of account depends on account type. If you need specification of any other specific account type please send us email at support@westernfx.com
| Symbol | Minimum Spread | Typical Spread | Price Fluctuation | Lot Size | Pip value Per 1 lot | Margin 500:1 |
|---|---|---|---|---|---|---|
| AUS200 | 3.4 | 3.6 | 0.00001 | 100,000 | 10 | 5% |
| FCHI | 4.4 | 4.6 | 0.00001 | 100,000 | 10 | 5% |
| GDAXI | 3.2 | 3.5 | 0.001 | 100,000 | 1,000 | 5% |
| NKY225 | 3.2 | 3.5 | 0.001 | 100,000 | 1,000 | 5% |
| NDX100 | 3.2 | 3.5 | 0.001 | 100,000 | 1,000 | 5% |
| UK100 | 3.2 | 3.5 | 0.001 | 100,000 | 1,000 | 5% |
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Christmas Holiday Trading schedule
Kindly find the holidays trading schedule for December on Christmas season. Be acknowledged that the time is based on GMT+0. In case of any questions, please contact us via Live chat on WhatsApp or via the email address at support@westernfx.com
Floating Exchange Rate
The value of a currency may be defined in different ways. Today, all rates are classified as either fixed or floating. In the first case, they are determined by the government. A flexible exchange rate, on the other hand, is defined by the market itself. Here is how these approaches to the exchange rate system...