Risk warning. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Consider whether you can afford to take the high risk of losing your money. Read the Risk Disclosure

Forex

Trade 32 currency pairs

Majors, crosses and exotics as CFDs, Monday to Friday. On Raw you trade the liquidity provider's raw spread, EURUSD from 0.0 pips, plus $7 commission per lot, charged once when the position opens.

A price chart in the OGOFX web terminal
currency pairs
32
EURUSD spread from, Raw
0.0 pips
maximum leverage, Standard
1:500
lot, smallest trade
0.01

How currency trading works

Currencies trade in pairs. The first currency is the base, the second the quote. The price tells you how much of the quote currency one unit of the base currency buys. For example, if EURUSD is quoted at 1.0850, one euro costs 1.0850 US dollars.

When you buy a pair, you take the view that the base currency will gain against the quote currency. When you sell, you take the opposite view. At OGOFX you trade forex as CFDs: you take the price change, you do not exchange the currencies themselves.

Pips, lots and pip value

  • A pip is the standard unit of price change: the fourth decimal place on most pairs (0.0001) and the second on pairs quoted in Japanese yen (0.01). Prices show one more digit, a tenth of a pip.
  • A lot is the unit of trade size. The contract size of one lot is shown for each pair in the specifications below.
  • Pip value = pip size × contract size × lots. It comes out in the quote currency and is converted to US dollars, the currency of your account.

Margin

Margin = contract size × lots ÷ leverage. It comes out in the pair's margin currency, the base currency, and is converted to US dollars at the current price. Try it with live prices in the margin calculator.

The pairs you can trade

Majors

The US dollar against the other most traded currencies: EURUSD, GBPUSD, USDJPY, USDCHF, AUDUSD, USDCAD and NZDUSD. These are the deepest markets and usually carry the tightest spreads.

Crosses

Pairs between two major currencies that do not include the US dollar.

  • Euro: EURGBP, EURJPY, EURCHF, EURAUD, EURCAD, EURNZD
  • Pound: GBPJPY, GBPAUD, GBPCAD, GBPCHF, GBPNZD
  • Australian dollar: AUDJPY, AUDCAD, AUDCHF, AUDNZD
  • New Zealand dollar: NZDJPY, NZDCAD, NZDCHF
  • Canadian dollar and Swiss franc: CADJPY, CADCHF, CHFJPY

Exotics

The US dollar against the Chinese yuan (offshore), the Singapore dollar, the Norwegian krone and the Swedish krona: USDCNH, USDSGD, USDNOK and USDSEK. These markets are thinner, so spreads are usually wider and prices can move in larger steps.

What moves exchange rates

An exchange rate reflects the balance of demand between two currencies. These are the forces traders follow most closely. None of them moves a price in a fixed way, and the market often reacts to the gap between what was expected and what happened.

  • Interest rates

    Central banks set short-term rates. Higher rates, or the expectation of them, can draw money into a currency; cuts can push it out. Policy meetings and statements are watched closely.

  • Inflation

    Inflation data shapes what central banks are expected to do next, so consumer price figures can move a currency within seconds of release.

  • Growth and jobs

    GDP, employment, wages, retail sales and business surveys show how an economy is doing and feed into rate expectations.

  • Trade and capital flows

    Exports, imports and investment moving across borders create real demand for currencies. Commodity prices matter for currencies such as the Australian and Canadian dollars.

  • Risk appetite

    In uncertain times money often moves towards currencies seen as safer, such as the US dollar, the Japanese yen and the Swiss franc, and away from others.

  • Scheduled events

    Rate decisions, data releases and elections arrive on known dates. Spreads can widen and prices can jump around them, and orders may fill away from the requested price.

A market that follows the sun

Forex has no single exchange. It trades between banks and dealers around the world, so the market is open from the start of the week to the end of it. Activity moves from Asia-Pacific to Europe to the Americas as each financial centre opens.

Liquidity is usually deepest when two sessions overlap, and thinnest late in the American session and at the daily rollover. That is when spreads tend to be widest.

At OGOFX the currency pairs trade Monday to Friday with a short pause around the daily rollover, in broker server time (UTC+3 at the time of publishing; it moves by an hour with daylight saving). The market is closed at the weekend, and the first price on Monday can open away from Friday's close. Session times for every pair are on Trading hours.

A 24-hour dial showing the Asian, European and American trading sessions overlapping

Live forex prices

All 32 pairs, Standard account prices from the OGOFX platform. Spreads are variable and can widen around news and market opens.

Loading prices 32 instruments · Standard account prices
Instrument SellBuySpreadToday
AUDCADAustralian Dollar / Canadian Dollar ————
AUDCHFAustralian Dollar / Swiss Franc ————
AUDJPYAustralian Dollar / Japanese Yen ————
AUDNZDAustralian Dollar / New Zealand Dollar ————
AUDUSDAustralian Dollar / US Dollar ————
CADCHFCanadian Dollar / Swiss Franc ————
CADJPYCanadian Dollar / Japanese Yen ————
CHFJPYSwiss Franc / Japanese Yen ————
EURAUDEuro / Australian Dollar ————
EURCADEuro / Canadian Dollar ————
EURCHFEuro / Swiss Franc ————
EURGBPEuro / British Pound ————
EURJPYEuro / Japanese Yen ————
EURNZDEuro / New Zealand Dollar ————
EURUSDEuro / US Dollar ————
GBPAUDBritish Pound / Australian Dollar ————
GBPCADBritish Pound / Canadian Dollar ————
GBPCHFBritish Pound / Swiss Franc ————
GBPJPYBritish Pound / Japanese Yen ————
GBPNZDBritish Pound / New Zealand Dollar ————
GBPUSDBritish Pound / US Dollar ————
NZDCADNew Zealand Dollar / Canadian Dollar ————
NZDCHFNew Zealand Dollar / Swiss Franc ————
NZDJPYNew Zealand Dollar / Japanese Yen ————
NZDUSDNew Zealand Dollar / US Dollar ————
USDCADUS Dollar / Canadian Dollar ————
USDCHFUS Dollar / Swiss Franc ————
USDCNHUS Dollar / Chinese Yuan ————
USDJPYUS Dollar / Japanese Yen ————
USDNOKUS Dollar / Norwegian Krone ————
USDSEKUS Dollar / Swedish Krona ————
USDSGDUS Dollar / Singapore Dollar ————

Indicative prices from the OGOFX platform, updated every two seconds. Spreads are variable and widen around news and market opens. Currency pairs: spread in pips; other markets: the difference in price, as quoted.

How forex trades at OGOFX

Every account trades all 32 pairs. Choose how you pay. Standard has no commission; its markup is in the spread ($1 a lot on currency pairs). Raw and Pro trade the liquidity provider's raw spread plus commission per lot, charged once when the position opens.

The EURUSD spread figures below are the lowest each account can show, not typical spreads. Spreads move with the market; the live spread of every pair is in the tables on this page.

StandardRawPro
EURUSD spread from0.1 pips0.0 pips0.0 pips
Commission per lotNone$7$5
Maximum leverage1:5001:5001:200
Minimum first deposit$5$5,000$20,000
Margin call / stop out100% / 50%100% / 50%100% / 50%

Order and position terms

  • Trade size: from 0.01 lot on most instruments, in steps of 0.01. Some instruments have a larger minimum and step; the specifications table shows each one.
  • Order size: an account can hold up to 2 lots open in one instrument, so the largest order is 2 lots. The cap applies to each instrument in each account, not to the account in total.
  • Trading accounts: you can hold up to 3.
  • Orders: market, limit and stop orders, stop loss and take profit, one-click trading and partial close.
  • Execution: market execution. Orders are routed to OGOFX's liquidity provider and filled at the price available when they arrive, which can differ from the price on screen in a fast market.

Overnight positions

A pair held past the broker's daily rollover, at broker midnight, is charged or paid a swap. In the wider market a pair's swap mostly follows the interest rate difference between its two currencies. At OGOFX the rate is the liquidity provider's with a 50% markup: a charged swap is made larger by that share, a paid swap smaller. The rates are the same on every account. A swap can be negative in both directions. Wednesday counts three nights on every pair today. The tables below show swap in US dollars per lot per night; rates change over time.

Spreads, commission and swaps by pair

Loading prices Spreads live · commission per lot · swap per lot per night, the same on every account
Instrument Standard spreadRaw spreadPro spread Raw commissionPro commission Swap longSwap short
AUDCADAustralian Dollar / Canadian Dollar ——— $7$5 +$1.35 −$9.47
AUDCHFAustralian Dollar / Swiss Franc ——— $7$5 +$3.09 −$18.28
AUDJPYAustralian Dollar / Japanese Yen ——— $7$5 +$0.73 −$11.17
AUDNZDAustralian Dollar / New Zealand Dollar ——— $7$5 +$0.96 −$7.72
AUDUSDAustralian Dollar / US Dollar ——— $7$5 +$0.06 −$2.28
CADCHFCanadian Dollar / Swiss Franc ——— $7$5 +$1.12 −$11.44
CADJPYCanadian Dollar / Japanese Yen ——— $7$5 +$0.29 −$4.82
CHFJPYSwiss Franc / Japanese Yen ——— $7$5 −$9.09 +$0.50
EURAUDEuro / Australian Dollar ——— $7$5 −$13.59 +$1.72
EURCADEuro / Canadian Dollar ——— $7$5 −$1.90 −$5.12
EURCHFEuro / Swiss Franc ——— $7$5 +$1.99 −$20.40
EURGBPEuro / British Pound ——— $7$5 −$12.60 −$0.30
EURJPYEuro / Japanese Yen ——— $7$5 +$0.44 −$8.96
EURNZDEuro / New Zealand Dollar ——— $7$5 −$4.08 −$2.52
EURUSDEuro / US Dollar ——— $7$5 −$9.23 +$0.86
GBPAUDBritish Pound / Australian Dollar ——— $7$5 −$11.19 −$2.12
GBPCADBritish Pound / Canadian Dollar ——— $7$5 +$0.77 −$15.67
GBPCHFBritish Pound / Swiss Franc ——— $7$5 +$3.24 −$35.66
GBPJPYBritish Pound / Japanese Yen ——— $7$5 +$1.39 −$18.75
GBPNZDBritish Pound / New Zealand Dollar ——— $7$5 +$0.08 −$12.34
GBPUSDBritish Pound / US Dollar ——— $7$5 −$6.89 −$4.06
NZDCADNew Zealand Dollar / Canadian Dollar ——— $7$5 −$0.91 −$3.27
NZDCHFNew Zealand Dollar / Swiss Franc ——— $7$5 +$1.15 −$10.64
NZDJPYNew Zealand Dollar / Japanese Yen ——— $7$5 +$0.18 −$5.12
NZDUSDNew Zealand Dollar / US Dollar ——— $7$5 −$5.30 +$0.72
USDCADUS Dollar / Canadian Dollar ——— $7$5 +$0.95 −$9.30
USDCHFUS Dollar / Swiss Franc ——— $7$5 +$3.57 −$24.62
USDCNHUS Dollar / Chinese Yuan ——— $7$5 +$0.91 −$14.52
USDJPYUS Dollar / Japanese Yen ——— $7$5 +$2.15 −$20.71
USDNOKUS Dollar / Norwegian Krone ——— $7$5 −$5.55 −$0.45
USDSEKUS Dollar / Swedish Krona ——— $7$5 +$0.73 −$12.76
USDSGDUS Dollar / Singapore Dollar ——— $7$5 +$0.56 −$15.86

Spreads live from the platform: currency pairs in pips, other markets as the difference in price as quoted. Raw and Pro trade the liquidity provider's spread. Standard's spread includes its markup: $1 a lot on currency pairs and 50% of the spread on metals, indices and energy. Commission is charged once per lot when a position opens. Swap in US dollars for one lot for one night, at today's rates from the platform (23 October 2026); minus means you pay, plus means you are paid.

Forex contract specifications

InstrumentContract sizeDigits Min lotLot stepMargin / profit Swap longSwap shortTriple swap
AUDCADAustralian Dollar / Canadian Dollar 100,000 5 0.01 0.01 AUD / CAD +$1.35 −$9.47 Wednesday
AUDCHFAustralian Dollar / Swiss Franc 100,000 5 0.01 0.01 AUD / CHF +$3.09 −$18.28 Wednesday
AUDJPYAustralian Dollar / Japanese Yen 100,000 3 0.01 0.01 AUD / JPY +$0.73 −$11.17 Wednesday
AUDNZDAustralian Dollar / New Zealand Dollar 100,000 5 0.01 0.01 AUD / NZD +$0.96 −$7.72 Wednesday
AUDUSDAustralian Dollar / US Dollar 100,000 5 0.01 0.01 AUD / USD +$0.06 −$2.28 Wednesday
CADCHFCanadian Dollar / Swiss Franc 100,000 5 0.01 0.01 CAD / CHF +$1.12 −$11.44 Wednesday
CADJPYCanadian Dollar / Japanese Yen 100,000 3 0.01 0.01 CAD / JPY +$0.29 −$4.82 Wednesday
CHFJPYSwiss Franc / Japanese Yen 100,000 3 0.01 0.01 CHF / JPY −$9.09 +$0.50 Wednesday
EURAUDEuro / Australian Dollar 100,000 5 0.01 0.01 EUR / AUD −$13.59 +$1.72 Wednesday
EURCADEuro / Canadian Dollar 100,000 5 0.01 0.01 EUR / CAD −$1.90 −$5.12 Wednesday
EURCHFEuro / Swiss Franc 100,000 5 0.01 0.01 EUR / CHF +$1.99 −$20.40 Wednesday
EURGBPEuro / British Pound 100,000 5 0.01 0.01 EUR / GBP −$12.60 −$0.30 Wednesday
EURJPYEuro / Japanese Yen 100,000 3 0.01 0.01 EUR / JPY +$0.44 −$8.96 Wednesday
EURNZDEuro / New Zealand Dollar 100,000 5 0.01 0.01 EUR / NZD −$4.08 −$2.52 Wednesday
EURUSDEuro / US Dollar 100,000 5 0.01 0.01 EUR / USD −$9.23 +$0.86 Wednesday
GBPAUDBritish Pound / Australian Dollar 100,000 5 0.01 0.01 GBP / AUD −$11.19 −$2.12 Wednesday
GBPCADBritish Pound / Canadian Dollar 100,000 5 0.01 0.01 GBP / CAD +$0.77 −$15.67 Wednesday
GBPCHFBritish Pound / Swiss Franc 100,000 5 0.01 0.01 GBP / CHF +$3.24 −$35.66 Wednesday
GBPJPYBritish Pound / Japanese Yen 100,000 3 0.01 0.01 GBP / JPY +$1.39 −$18.75 Wednesday
GBPNZDBritish Pound / New Zealand Dollar 100,000 5 0.01 0.01 GBP / NZD +$0.08 −$12.34 Wednesday
GBPUSDBritish Pound / US Dollar 100,000 5 0.01 0.01 GBP / USD −$6.89 −$4.06 Wednesday
NZDCADNew Zealand Dollar / Canadian Dollar 100,000 5 0.01 0.01 NZD / CAD −$0.91 −$3.27 Wednesday
NZDCHFNew Zealand Dollar / Swiss Franc 100,000 5 0.01 0.01 NZD / CHF +$1.15 −$10.64 Wednesday
NZDJPYNew Zealand Dollar / Japanese Yen 100,000 3 0.01 0.01 NZD / JPY +$0.18 −$5.12 Wednesday
NZDUSDNew Zealand Dollar / US Dollar 100,000 5 0.01 0.01 NZD / USD −$5.30 +$0.72 Wednesday
USDCADUS Dollar / Canadian Dollar 100,000 5 0.01 0.01 USD / CAD +$0.95 −$9.30 Wednesday
USDCHFUS Dollar / Swiss Franc 100,000 5 0.01 0.01 USD / CHF +$3.57 −$24.62 Wednesday
USDCNHUS Dollar / Chinese Yuan 100,000 5 0.01 0.01 USD / CNH +$0.91 −$14.52 Wednesday
USDJPYUS Dollar / Japanese Yen 100,000 3 0.01 0.01 USD / JPY +$2.15 −$20.71 Wednesday
USDNOKUS Dollar / Norwegian Krone 100,000 5 0.01 0.01 USD / NOK −$5.55 −$0.45 Wednesday
USDSEKUS Dollar / Swedish Krona 100,000 5 0.01 0.01 USD / SEK +$0.73 −$12.76 Wednesday
USDSGDUS Dollar / Singapore Dollar 100,000 5 0.01 0.01 USD / SGD +$0.56 −$15.86 Wednesday

From the OGOFX platform, 23 October 2026. Swap is for one lot for one night, in US dollars at today's rates, the same on every account; minus means you pay, plus means you are paid. The liquidity provider can change these terms; the platform refreshes its swap rates every night.

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Open an account, verify and fund with USDT (BEP20). Standard opens from $5, Raw from $5,000.