Question 1

What is forex trading?

Accepted Answer

Forex (foreign exchange) trading is the buying and selling of currencies on the global market. It is the largest and most liquid financial market in the world, with a daily turnover exceeding $7.5 trillion. Traders profit from fluctuations in exchange rates between currency pairs.

Question 2

What spreads does ZenGuard Markets offer on forex?

Accepted Answer

We offer raw spreads starting from 0.0 pips on major pairs like EUR/USD. Our average spread on EUR/USD is 0.1 pips, making us one of the most competitive brokers in the industry. Spreads vary by pair type — majors have the tightest spreads, followed by minors and exotics.

Question 3

What leverage is available for forex trading?

Accepted Answer

ZenGuard Markets offers up to 1:500 leverage on major currency pairs, 1:400 on minor pairs, and up to 1:200 on select exotic pairs. Leverage allows you to control larger positions with a smaller margin deposit. Always use leverage responsibly as it amplifies both gains and losses.

Question 4

When can I trade forex?

Accepted Answer

The forex market is open 24 hours a day, 5 days a week — from Sunday 5:00 PM ET to Friday 5:00 PM ET. Trading sessions overlap throughout the day: Sydney, Tokyo, London, and New York. The highest liquidity and tightest spreads typically occur during the London–New York overlap.

Question 5

What are swap rates and how do they work?

Accepted Answer

Swap rates (also called rollover rates) are the interest charges or credits applied to positions held overnight. They reflect the interest rate differential between the two currencies in a pair. Swap rates are applied at 5:00 PM ET each day, with a triple swap on Wednesdays to account for weekend settlement.


AUD/USD	Australian Dollar / US Dollar	0.3 pip	1:500	24/5
EUR/AUD	Euro / Australian Dollar	0.9 pip	1:300	24/5
EUR/CHF	Euro / Swiss Franc	0.7 pip	1:400	24/5
EUR/GBP	Euro / British Pound	0.5 pip	1:400	24/5
EUR/JPY	Euro / Japanese Yen	0.6 pip	1:400	24/5
EUR/TRY	Euro / Turkish Lira	3.5 pips	1:100	24/5
EUR/USD	Euro / US Dollar	0.1 pip	1:500	24/5
GBP/JPY	British Pound / Japanese Yen	0.8 pip	1:400	24/5
GBP/USD	British Pound / US Dollar	0.3 pip	1:500	24/5
NZD/USD	New Zealand Dollar / US Dollar	0.5 pip	1:500	24/5
USD/CAD	US Dollar / Canadian Dollar	0.4 pip	1:500	24/5
USD/CHF	US Dollar / Swiss Franc	0.4 pip	1:500	24/5
USD/HKD	US Dollar / Hong Kong Dollar	1.0 pip	1:200	24/5
USD/INR	US Dollar / Indian Rupee	2.0 pips	1:100	24/5
USD/JPY	US Dollar / Japanese Yen	0.2 pip	1:500	24/5
USD/MXN	US Dollar / Mexican Peso	2.8 pips	1:100	24/5
USD/SGD	US Dollar / Singapore Dollar	1.2 pips	1:200	24/5
USD/THB	US Dollar / Thai Baht	2.5 pips	1:100	24/5
USD/TRY	US Dollar / Turkish Lira	2.5 pips	1:100	24/5
USD/ZAR	US Dollar / South African Rand	3.0 pips	1:100	24/5

Forex Trading

Forex Instruments

Trading Sessions

Sydney

Tokyo

London

New York

Raw Spreads

Swap Rates

24/5 Access

Frequently Asked Questions

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