The foreign exchange rare market contains the currency provided by particular countries, which is not as widely traded as the main market, but has special investment value, which can satisfy the specific trading needs. These rare currency pairs are usually combined with a major currency such as the US dollar/South African Rand (USD/ZAR), Euro/Turkish lira (EUR/TRY), US dollar/Mexican peso (USD/MXN), etc. However, there are also two rare currency combinations such as the Norwegian krone/Swedish kronor (NOK/SEK), etc. These currencies usually have certain advantages in geo-economic. For example, Mexico as the bellwether of Central America's economic system, dominates the lifeline of the Central American economy. As a Middle East currency, Turkish Lira plays a role in stabilizing and balancing the Middle East economy. Investors can choose the different rare currency to trade according to their own investment needs.
SGL has a floating spread and no repeated offers. Customers can experience extremely competitive low spreads on the SGL platform. In addition, SGL provides a flexible lever of up to 200:1, multiple account types and hanging type, which fits well with your investment strategy.
|Example currency||Minimum number of trades||Maximum number of trades||The contract unit||Pending Orders distance||Margin ratio||transaction time (Beijing time)||trading time (MT4 time)|
|USD/MXN||0.01||20||100,000||49.9||0.5%~2%||Monday to Friday: 07:00-05:59||Monday to Friday: 01:00-23:59.|
|USD/HKD||0.01||20||100,000||49.9||5%~20%||Monday to Friday：06:05-05:59||Monday to Friday：00:05-23:59|
|USD/CNH||0.01||20||100,000||49.9||5%~20%||Monday to Friday：06:05-05:59||Monday to Friday：00:05-23:59|
Note: * American daylight-saving time, the Beijing trading time corresponds to 1 hour earlier.
Foreign exchange, CFDs and financial derivative instruments adopt margin trading system, which is relatively risky and is not suitable for all investors. Leveraged deals magnify gains as well as enlarging risk, and there are amount the possibility of losing all of the original investment. Therefore, investors need fully understand the trading risk regarding the relevant market conditions and trading regulations before investing. Please make sure that investors give full consideration to their own conditions for investment and trading experience before selecting SGL platform investment. SGL will not be responsible for any omissions, errors, incompleteness in the above-provided materials, and will not make any promises on the accuracy of provided information, the text, images, links, and other materials. Be sure to read and know the rules and regulations before investors make leveraged bets.
Risk note：all foreign exchange, precious metals and CFD contract product margin trades are accompanied by significant risk and therefore are not suitable for all investors. Please be sure to invest in your own tolerable range after fully understanding the risks. For more details on the risks, please refer to SGL's risk statement.