As one of the few CFD and Forex Brokers, FXFlat offers not only the trading of Forex-CFDs but also the direct trading of Forex Spot - at very favorable conditions and fast execution in the offered trading platforms such as MetaTrader 4 and 5.
Spot trading is about a trade that is settled immediately. Payment is on delivery. This is where the term spot trade comes in (Forex spot, Spot market or Forex spot market are other terms that describe the same currency spot trading). Trading takes place within the deadline at the spot rate. Most of the forex spot trading is conducted between large banks (interbank trading). It is generally traded on margin. FXFlat collects this security amounting to 0.5% of the commercial value.
All Forex Spot pairs at FXFlat are tradable from Monday until Friday from 00:00 a.m. to 10:00 p.m. CET. More details can be found on the contract specifications.
Forex Spot is the foreign exchange cash market (interbank market). Overnight trading is not possible.
See General Terms and Conditions under II. Special Conditions for Contracts for Differences and Foreign Exchange Spot Transactions under Point 2 "Additional Provisions for Contracts for the Conclusion of FOREX Transactions"
There are no swaps at Forex Spot, as Forex Spot is tradable intraday only.