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FAQ

General

What is currency pair trading?

Currency pair trading is speculating on the comparative prices of currency pairs. Learn more here.

What are the working hours of currency pairs market?

The market is open from 22:00 GMT Sunday till 22:00 GMT Friday.

Can I trade outside market hours?

No. Orders can only be placed during market hours. Certain markets may be quoted outside normal trading hours. This is called 'Grey Market' pricing. But no trades can be placed at that time either.

Do I have to pay tax on my profit?

We do not deduct any taxes off your profit. Please contact local tax authorities for more information.

Can I lose more than I invest in Currency Pairs?

We will not allow you to lose more than the available funds on your trading account. Your losing position will be closed when your account balance nears zero.

Does ASX charge commissions?

Depending on the account type, some products are liable to commission. All charges will be clearly stated in your daily and monthly statements.

I have complaints or further questions.

Please contact us by phone or e-mail us at compliance@asxmarkets.com

Trading

What is the maximum trade volume I can place?

It depends on your account type and your available margin. Find details on Market Information Sheet.

Are all my trades guaranteed?

Unfortunately, they are not. If volatility is high, prices move quickly. We may not be able to obtain a quote for you at the price you requested.
For an instant execution order, you may be re-quoted in a few seconds. For a pending order, you may experience slippage on the opening price.