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01.ForexProduct SpecificationsTrading HoursFinancing / SwapsThe foreign exchange market trades 24 hours a day, 5 days a week. This is from 5pm New YorkA financing debit or credit will be applied to a Forex position held overnight (00:00 server time). This(ET) on Sunday through to 5pm New York on Friday. Global Prime quotes on most Forex pairsfrom the open on Sunday through to the close on Friday.is referred to as a swap. There is a triple swap charge on Wednesday across all forex pairs. This isto account for the ‘rolling’ of positions over the weekends. The swap rates are determined by theThe daily break time of Forex is 23:59-00:02 server time. During this time you are unable totrade. Prices are generally wide and erratic from the low liquidity arising from the end of dayprocesses at all the major trading banks across the world.overnight interest rate differential between the two currencies involved in the pair and whether theposition is long or short.To align the daily chart candles with New York close (5pm ET) Global Primes server time andcharts are GMT 2 or GMT 3 when daylight savings is in effect.General Product SpecificationProduct SpecificationFSA/VFSCExecutionECN, NDD,STPSpreadsVariable from 0.0 pipsStop Loss - Minimum Order DistanceZero - no minimumPending Orders - Good ‘till Cancelled (GTC)MT4 and TE onlyScalping AllowedMargin CallYES120%Note:- Note: margin requirements and leverage are subject to change*Some symbols are subject to specific leverage/margin requirement pending global circumstances**ASIC definition of majors includes any combination of USD, GBP, EUR, CHF, JPY, AUD and CAD. Please review symbol specification on platform.Global Prime Pty Ltd.Suite 503, 35 Grafton St, Bondi Junction, Sydney, NSW 2022, AustraliaMainline: 612 8379 3622 Web: www.globalprime.com Email: support@globalprime.comASIC RetailECN, NDD,STPVariable from 0.0 pipsZero - no minimumMT4 and TE onlyYES120%
01.2ForexProduct SpecificationsProduct SpecificationFSA/VFSCMargin Stop Out100%Hedging AllowedYESASIC Retail100%YESHedging - Margin RequirementZeroStandard Leverage1:100*1:30 for Majors, 1:20 for Others**Standard Margin Required1%3.33% for Majors. 5% for Others**Maximum Leverage1:200*1:30 for Majors, 1:20 for Others**Minimum Margin Requirement0.5%3.33% for Majors. 5% for Others**Triple SwapWednesdayCommission (per lot round turn)USD 7, AUD 7, GBP 5.40, EUR 6.20, SGD 9.50, CAD 9Note:- Note: margin requirements and leverage are subject to change*Some symbols are subject to specific leverage/margin requirement pending global circumstances**ASIC definition of majors includes any combination of USD, GBP, EUR, CHF, JPY, AUD and CAD. Please review symbol specification on platform.Global Prime Pty Ltd.Suite 503, 35 Grafton St, Bondi Junction, Sydney, NSW 2022, AustraliaMainline: 612 8379 3622 Web: www.globalprime.com Email: support@globalprime.comZeroWednesdayUSD 7, AUD 7, GBP 5.40, EUR 6.20, SGD 9.50, CAD 9
02ForexProduct SpecificationsMajorsSymbolStandard (GMT 2)InstrumentNameContractSize(Per Lot)Base/MarginPip Value(1 Lot)Minstep & MaxLots (Per Trade)DecimalsAUDUSDAustralian Dollar/USDollar100,000AUDUSD 10.00From 0.01 - 1000EURUSDEuro/US Dollar100,000EURUSD 10.00GBPUSDBritish Pound/US Dollar100,000GBPUSDUSDCHFUS Dollar/Swiss Franc100,000USDUSDJPYUS Dollar/Japanese Yen100,000USDCurrencyTrading HoursDaily BreakTrading HoursDaily Break5MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01 10.00From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01CHF10.00 CHFFrom 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01JPY 1000.00From 0.01 - 10003MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01Pip ValueCurrencyMinorsSymbolStandard (GMT 2)InstrumentNameContractSize(Per Lot)Base/MarginAUDCADAustralian Dollar/Canadian Dollar100,000AUDAUDCHFAustralian Dollar/Swiss Franc100,000AUDCurrencyNY Daylight Savings Time (GMT 3)Pip Value(1 Lot)Minstep & MaxLots (Per Trade)DecimalsCAD 10.00From 0.01 - 1000CHF10.00 CHFFrom 0.01 - 1000Pip ValueCurrencyNote:- margin requirements and leverage are subject to changeGlobal Prime Pty Ltd.Suite 503, 35 Grafton St, Bondi Junction, Sydney, NSW 2022, AustraliaMainline: 612 8379 3622 Web: www.globalprime.com Email: support@globalprime.comNY Daylight Savings Time (GMT 3)Trading HoursDaily BreakTrading Hours5MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:015MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01
03ForexProduct SpecificationsMinorsSymbolStandard (GMT 2)InstrumentNameContractSize(Per Lot)Base/MarginPip Value(1 Lot)Minstep & MaxLots (Per Trade)DecimalsAUDJPYAustralian Dollar/Japanese Yen100,000AUDJPY 1000.00From 0.01 - 1000AUDNZDAustralian Dollar/New Zealand Dollar100,000AUDNZD 10.00CADCHFCanadian Dollar/Swiss Franc100,000CADCHFCADJPYCanadian Dollar/Japanese Yen100,000CADCHFJPYSwiss Franc/Japanese Yen100,000EURAUDEuro/Australian DollarEURCADNY Daylight Savings Time (GMT 3)Trading HoursDaily BreakTrading HoursDaily Break3MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:0110.00 CHFFrom 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01JPY 1000.00From 0.01 - 10003MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01CHFJPY 1000.00From 0.01 - 10003MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01100,000EURAUD 10.00From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01Euro/Canadian Dollar100,000EURCAD 10.00From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01EURCHFEuro/Swiss Franc100,000EURCHF10.00 CHFFrom 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01EURGBPEuro/British Pound100,000EURGBP 10.00From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01EURJPYEuro/Japanese Yen100,000EURJPY 1000.00From 0.01 - 10003MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01CurrencyPip ValueCurrencyNote:- margin requirements and leverage are subject to changeGlobal Prime Pty Ltd.Suite 503, 35 Grafton St, Bondi Junction, Sydney, NSW 2022, AustraliaMainline: 612 8379 3622 Web: www.globalprime.com Email: support@globalprime.com
04ForexProduct SpecificationsMinorsSymbolStandard (GMT 2)InstrumentNameContractSize(Per Lot)Base/MarginPip Value(1 Lot)Minstep & MaxLots (Per Trade)DecimalsEURNZDEuro/New Zealand Dollar100,000EURNZD 10.00From 0.01 - 1000GBPAUDBritish Pound/Australian Dollar100,000GBPAUD 10.00GBPCADBritish Pound/Canadian Dollar100,000GBPCADGBPCHFBritish Pound/Swiss Franc100,000GBPGBPJPYBritish Pound/Japanese Yen100,000GBPNZDBritish Pound/NewZealand DollarNZDCADNY Daylight Savings Time (GMT 3)Trading HoursDaily BreakTrading HoursDaily Break5MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01 10.00From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01CHFCHF 10.00From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01GBPJPY 1000.00From 0.01 - 10003MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01100,000GBPNZD 10.00From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01New Zealand Dollar/Canadian Dollar100,000NZDCAD 10.00From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01NZDCHFNew Zealand Dollar/Swiss Franc100,000NZDCHF10.00 CHFFrom 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01NZDJPYNew Zealand Dollar/Japanese Yen100,000NZDJPY 1000.00From 0.01 - 10003MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01NZDUSDNew Zealand Dollar/US Dollar100,000NZDUSD 10.00From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01CurrencyPip ValueCurrencyNote:- margin requirements and leverage are subject to changeGlobal Prime Pty Ltd.Suite 503, 35 Grafton St, Bondi Junction, Sydney, NSW 2022, AustraliaMainline: 612 8379 3622 Web: www.globalprime.com Email: support@globalprime.com
05ForexProduct SpecificationsExoticsSymbolStandard (GMT 2)InstrumentNameContractSize(Per Lot)Base/MarginPip Value(1 Lot)Minstep & MaxLots (Per Trade)DecimalsAUDSGDAustralian Dollar/Singapore Dollar100,000AUDSGD 10.00From 0.01 - 1000EURNOKEuro/Norwegian Krone100,000EURNOK10.00 krEURRUBEuro/Russian Ruble100,000EURRUBEURSEKEuro/Swedish Krona100,000EUREURSGDEuro/Singapore Dollar100,000GBPMXNEuro/Mexican PesoEURTRYNY Daylight Savings Time (GMT 3)Trading HoursDaily BreakTrading HoursDaily Break5MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:0110.00 From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01SEK10.00 krFrom 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01EURSGD 10.00From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01100,000EURMXN 10.00From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01Euro/Turkish Lira100,000EURTRY 10.00From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01EURZAREuro/South African Rand100,000EURZARR 10.00From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01GBPNOKBritish Pound/Norwegian Krone100,000GBPNOK10.00 krFrom 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01GBPSEKBritish Pound/Swedish Krona100,000GBPSEK10.00 krFrom 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01NZDSGDNew Zealand Dollar/Singapore Dollar100,000NZDSGD 10.00From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01SGDJPYSingapore Dollar/Japanese Yen100,000SGDJPY 1000.00From 0.01 - 10003MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01CurrencyPip ValueCurrencyNote:- margin requirements and leverage are subject to changeGlobal Prime Pty Ltd.Suite 503, 35 Grafton St, Bondi Junction, Sydney, NSW 2022, AustraliaMainline: 612 8379 3622 Web: www.globalprime.com Email: support@globalprime.com
06ForexProduct SpecificationsExoticsSymbolStandard (GMT 2)InstrumentNameContractSize(Per Lot)Base/MarginPip Value(1 Lot)Minstep & MaxLots (Per Trade)DecimalsUSDCNHUS Dollar/Chinese Yuan100,000USDCNH 1000.00From 0.01 - 1000USDHKDUS Dollar/Hong Kong Dollar100,000USDHKD 10.00USDMXNUS Dollar/Mexican Peso100,000USDMXNUSDNOKUS Dollar/Norwegian Krone100,000USDUSDSEKUS Dollar/Swedish Krona100,000USDRUBUS Dollar/Russian RubleUSDSGDNY Daylight Savings Time (GMT 3)Trading HoursDaily BreakTrading HoursDaily Break5MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01 10.00From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01NOK10.00 krFrom 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01USDSEK10.00 krFrom 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01100,000USDRUB10.00 From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01US Dollar/Singapore Dollar100,000USDSGD 10.00From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01USDTHBUS Dollar/Thai Baht100,000USDTHB10.00 BFrom 0.01 - 10003MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01USDTRYUS Dollar/Turkish Lira100,000USDTRY 10.00From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01USDZARUS Dollar/South African Rand100,000USDZARR 10.00From 0.01 - 10005MON 00:01 – FRI 23:5723:59 - 00:01MON 00:01 – FRI 23:5723:59 - 00:01CurrencyPip ValueCurrencyNote:- margin requirements and leverage are subject to changeGlobal Prime Pty Ltd.Suite 503, 35 Grafton St, Bondi Junction, Sydney, NSW 2022, AustraliaMainline: 612 8379 3622 Web: www.globalprime.com Email: support@globalprime.com
ForexAdditional Information07HOT TIPSPip value and swaps are always calculated in the terms currency (back currency quoted)Metals/FX swaps charged in points, e.g. 1.23 points 0.123Margin is always calculated in the base currency of a pair (the front currency quoted)Spreads are especially high within an hour, either side of rollover: 00:00 server time.All buy/long trades enter via the ask price and exit via the bid. All sell/short trades enter via the bid and exit via the ask.Stop loss/take profit orders trigger by the ask or bid depending whether buy/sell trade; MT4 chart candles/bars show bid.Global Prime Pty Ltd.Suite 503, 35 Grafton St, Bondi Junction, Sydney, NSW 2022, AustraliaMainline: 612 8379 3622 Web: www.globalprime.com Email: support@globalprime.com
ForexAdditional InformationCalculating SwapsSwap calculation pip value x swap rate (in points)e.g. 1.5 lots long AUDUSD; long swap: -1.361. AUDUSD pip value is priced in USD (see Pip Value column in table)2. Pip value of AUDUSD is USD 10 per standard lot: 100,000 (contract size) x 0.00010 (1 pip) x 1.5 (lots traded)3. Swap calculation: USD 15.00 (pip value) x -0.136 (swap in points) USD - 2.05Note:- Triple swap (x3) applies on Wednesday night (FX).- Swap rates are visible in MT4: right click any product in Market Watch then select Specification.Calculating position valuePosition value contract size (100,000 base/front currency for all FX) x lot sizee.g. Short 2.6 lots EURSGD; 1:100 leverage.1. EURSGD is quoted in EUR.2. Calculation: 100,000 (contracts size) x 2.6 (lots traded) EUR 260,000Global Prime Pty Ltd.Suite 503, 35 Grafton St, Bondi Junction, Sydney, NSW 2022, AustraliaMainline: 612 8379 3622 Web: www.globalprime.com Email: support@globalprime.com08
ForexAdditional InformationCalculating margin requirementMargin requirement position value (contract size x lot size) / leveragee.g. Short 2.6 lots EURSGD; 1:100 leverage.Position Value1. EURSGD is quoted in EUR. Margin is always calculated in base/front currency.2. Calculation: 100,000 (contracts size) x 2.6 (lots traded) EUR 260,000Margin Requirement1. Margin requirement: EUR 260,000 (position value) / 100 (leverage 1:100) EUR 26002. If trading account is not EUR, margin will be converted automatically to account currency.Margin Calculator via Global Prime website: https://www.globalprime.com/fx-calculator/Global Prime Pty Ltd.Suite 503, 35 Grafton St, Bondi Junction, Sydney, NSW 2022, AustraliaMainline: 612 8379 3622 Web: www.globalprime.com Email: support@globalprime.com09
Base /Margin Currency Base /Margin Currency Decimals Decimals Trading Hours Trading Hours Trading Hours Trading Hours Daily Break Daily Break AUDUSD Australian Dollar/US Dollar 5 MON 00:01 - FRI 23:57 23:59 - 00:01 MON 00:01 - FRI 23:57 23:59 - 00:01 EURUSD Euro/ US Dollar 5 MON 00:01 - FRI 23:57 23:59 - 00:01 MON 00:01 - FRI 23:57 23 .
