Trade 30+ forex pairs with Prospero Global
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.
ADVANTAGES OF FOREX TRADING
- Large trading volume.
- Fair and transparent pricing.
- Flexible trading hours, almost 24 hours a day during the week.
- Tight spreads.
- Flexible leverage to suit your trading and risk appetite.
TRADING HOURS
- All times in GMT. Sunday between 21:00 and 21:15 to Friday between 20:55 and 21:00.
- AUD/CNH trades Sunday between 23:00 and 21:15 to Friday between 20:55 and 21:00.
Our Most Popular Trading Pairs
| Instrument | Spread from*(Pips) | Maximum leverage | Minimum trade size |
| AUDUSD | 0.1 | 400:1 | 0.01 |
| AUDNZD | 0.7 | 400:1 | 0.01 |
| EURGBP | 0.5 | 400:1 | 0.01 |
| EURUSD | 0.1 | 400:1 | 0.01 |
| GBPJPY | 1 | 400:1 | 0.01 |
| GBPUSD | 0.5 | 400:1 | 0.01 |
| NZDUSD | 0.8 | 400:1 | 0.01 |
| USDCAD | 0.3 | 400:1 | 0.01 |
| USDJPY | 0.3 | 400:1 | 0.01 |
| AUDCNH | 14 | 100:1 | 0.01 |
| USDCNH | 9 | 100:1 | 0.01 |
| AUDUSD | 0.1 | 400:1 | 0.01 |
| AUDNZD | 0.7 | 400:1 | 0.01 |
| EURGBP | 0.5 | 400:1 | 0.01 |
| EURUSD | 0.1 | 400:1 | 0.01 |
| GBPJPY | 1 | 400:1 | 0.01 |
| GBPUSD | 0.5 | 400:1 | 0.01 |
| NZDUSD | 0.8 | 400:1 | 0.01 |
| USDCAD | 0.3 | 400:1 | 0.01 |
| USDJPY | 0.3 | 400:1 | 0.01 |
| AUDCNH | 14 | 100:1 | 0.01 |
| USDCNH | 6 | 100:1 | 0.01 |
FX Holding Cost (Swap)
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.