Not sure what ECN means? Learn More


CapitalFX specialises in low latency connectivity to the world's premier ECNs and Tier-1 liquidity providers for an unrivalled trading experience.

The foreign exchange market (forex, FX, or currency market) is a worldwide, decentralised, over-the-counter market for the trading of currencies. It is considered the largest market in the world, with daily trading volumes exceeding 5 trillion.

This gigantic volume (which dwarfs all of the major stock exchanges) combinedwith 24/5 trading, ample volatility, and generous trading conditions, has made the forex market a place of risk and reward for the discerning trader.


Disclaimer: Spreads from ‘Trade Proofer’ monthly spread data September 2019 report.

See All Avg. Spreads
Transparency, Execution & Technology

Why traders choose CapitalFX for their Forex trading?

Forex Trading
Boost your performance
  • Razor tight ECN spreads from 0.0 pips
  • 3 prime brokers, 20+ liquidity providers
  • Deep interbank liquidity supported by our ECN technology ensure our spreads tight 24/5
Better fills less slippage
  • We hold our liquidity providers to a high standard
  • Fill ratios of 90% or greater with all LPs
  • Trades executed as limits with no ‘last look’ when supported
Get the price you see and want
  • Ultra fast order execution
  • Equinix NY4 (New York) tech and platform hosting + cross connects to our trading counterparties for the lowest latency
  • Average fill times of just 30ms make us one of the fastest brokers in the world

How does FOREX trading work?

FX trading involves buying one currency pair "base currency" against another currency pair "counter currency" anticipating that one currency will rise or fall against another.

Forex trading is similar to shares trading, except you're buying or selling one currency against another. It typically involves leverage which allows you to trade a much bigger volume by using only a limited about of capital. There are many different forex strategies used for trading Forex.

See below an example of how you could trading Forex using 1:100 leverage.

CapitalFX How it Works

FOREX Trading Example

The gross profit on your rate is calculated as follows:

Opening Price

100,000 AUD x 0.71707 = 71,707 USD

Required Margin

100,000 AUD x 1% = 1,000 AUD

Closing Price

100,000 AUD x 0.72752 = 72,752 USD

Gross Profit on Trade USD

$1,045.00 USD

Opening the position

The price of the AUD against the USD (AUD/USD) is 0.71706 bid /0.71707 ask. You would like to buy 1 standard lot (AUD100,000) at 0.71707 ask.

You have 5,000 AUD balance and the leverage is 1:100

Closing the position

Three days later, the price of AUD against the USD rises up to 0.72752 bid/0.72754 ask.

Since you are in profit, you would like to close your position by selling 1 standard lot (AUD100,000) at 0.72752 bid.

Trading Conditions

View our trading conditions across our full range of products to see how trading with CapitalFX is your next best move.

Stock Trading


Live and historical average spreads

Swap Rates

Swap Fees

Current swap rates and overnight interest charges

Margin Leverage

Margin & Leverage

Specs and examples across all products

Invesment Management

Market Hours

The open/trading hours across all of our products



Minimum Spread

0.0 0.0 0.0 0.0 0.0 0.0

Average Spread

0.1 0.1 0.6 0.7 0.7 0.4
See All Average Spreads

Disclaimer: Spreads from ‘Trade Proofer’ monthly spread data September 2019 report.


ECN Account Features

Pricing & Execution
From 0.0 Pips
1:100 or 1:200
Minimum Deposit
A$ 200 or equivalent
Zero Fee
Funding & Withdrawal
Margin Call/Stop
120% & 100%
Min. Trade Size
0.01 Lots
Max. Trade Size
Up to 1000 Lots
Free VPS
Trade over 20 lots / month
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  • Available Markets

    46 FX, 6 Commodities, 10 Indices, 5 Crypto

  • ECN Account Types

    Individual, Joint, Corporate and Trust accounts

  • Currencies & Commissions

    7 AUD, 7 USD, 6.2 EUR, 5.4 GBP, 9.5 SGD, 9 CAD

What Traders are Saying

  • <1 ms
    Execution from
  • <25 ms
    Avg. FX Execution
  • 0.1 pips
    Avg. EURUSD spread

Do you have Questions?

Things we get asked often

Can't find the answer? Visit Help Centre

What are our commissions?

AUD7, USD7, SGD9.50, CAD9.0, GBP5.40, EUR6.20 per lot round turn

What GMT offset are our charts set to?

To align the daily chart candles with New York close (5pm ET) CapitalFX server time and charts are GMT + 2 or GMT + 3 when daylight savings is in effect.

What are the trading times?

The foreign exchange market opens at 00:01:00 server time on Monday and Closes at 23:57:00 on Friday. The daily break time of Forex is 23:59-00:01 server time.

Do you offer forex education material?

Yes, browse our Insights section for How to Guides, Video Training and other Forex related educational material.

Transparent Trading Model

Tight prices, fast fills, low slippage, trade receipts

Best Execution

Is about achieving the best possible result for our clients trades. Our aim is to be the #1 retail broker in the world for pricing and execution...

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How we make money

This means explaining exactly how we make money, how trades are executed and with whom, so traders can make an informed decision...

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What is ECN?

The ECN model was born to facilitate high volume, off exchange, anonymous trading, across a range of market asset classes...

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