WELCOME TO Merakifx
Forex
Trade the world’s most liquid currency trading market with tight spreads, low commissions and an average order execution of 0.03 seconds.
About the Forex Market
The foreign exchange (or FX) market is the world’s largest and most traded online financial market.
It involves trading the value of one currency against the value of another.
Merakifx offers clients the ability to trade forex pairs via CFDs, or Contracts for Difference.
CFD FX trading allows you to capitalize on the price fluctuations of exchange rates by taking a trading position based on what your research and analysis tells you will happen to the value of a currency.
This means you can either take a buy (long) position or sell (short) position on a currency depending on your price projections.
Experience an NDD trading environment that employs the lastest technology to excute trading orders in under 0.03 seconds
Merakifx has been licensed, regulated, and serving traders responsibly since 2011
Trade with zero margin on hedged positions and execute your scalping trading strategy on your financial assest of choice
Spreads
The Spread is the difference between the ‘bid price’ and the ‘offer price’. The bid price is where the investor can sell a position and the offer price is where the investor can buy a position. Given that markets are all about supply and demand, the more liquid and active a product is, the smaller the spread between the buying and selling price thus, making it a more competitive option for traders.At CFI, we are connected to several liquidity providers and exchanges, and offering competitive trading conditions is something we take very seriously. We are constantly working to provide even lower spreads and with recent advances in technology and deep enough liquidity, our efforts continue to
translate into reality.
Instrument | Target Spread Zero Commission Account | Target Spread Dynamic Trader Account |
|---|---|---|
EUR/USD | 1.5 | as low as 0.0 |
GBP/USD | 1.6 | as low as 0.0 |
USD/CHF | 1.6 | 0.2 |
USD/JPY | 1.7 | as low as 0.0 |
AUD/USD | 1.6 | 0.2 |
NZD/USD | 1.6 | 0.2 |
USD/CAD | 2.2 | 0.2 |
Target Spread for the major Forex pairs. Trading Hours from 00:05 to 23:55 GMT+3 Time | ||
Swaps, also known as rollovers, are interest rate amounts charged or earned for holding a buy or sell position overnight. The calculation takes into consideration the interest rate differential between two currencies (each currency has its own interest rate).Swaps are also applicable on Currencies and vary for several reasons, including overnight interest rates. Swap free accounts are also available.
Licenses: Merakifx Group Limited is the holding company of Merakifx Global, and Merakifx Limited (licensed under CySEC) is an associate of Merakifx Global Limited, which is authorized by the Securities and Exchange Commission of Mauritius. Merakifx.com is owned by Merakifx Group Limited and is operated by the Company Merakifx Global and its registered address is: Turkey, Istanbul, Fatih
Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade forex, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you could sustain a loss of some or all of your investment and therefore you should not risk investing money that you cannot afford to lose. You should be aware of all the risks associated with forex trading, and seek advice from an independent financial advisor if you have any doubts.
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Turkey, Istanbul
+90 531 333 89 23
info@merakifx.com