See at a glance the market hours for all our tradable products below. Please note that ONAR Capital’ server time and charts are GMT + 2 or GMT + 3 (when daylight savings is in effect).

The trading hours for all currency pairs is 00:01 server time to 23:59 server time daily (23:57 on Friday), whereas for Gold is 01:02 server time to 23:57. All other Metals (XAG, XPD, XPT) open for trading at 01:00 server time (Monday) and close at 23:59 server time daily (23:57 on Friday).

You will also be able to view the Trading Hours from within your trading terminal by following the process outlined below.

 

Right click on any instrument in the ‘Market Watch’ section, then left click on the ‘Specification’ button, a new window will open that shows the Trading Hours for the pair selected. 

Trading Hours are subject to change. The most accurate details are those displayed in your account through the electronic trading system.

Key Information about Spreads

  • Spreads are quoted in pips.

  • Spreads at Onar Capital are variable on both Raw Spread and Standard types of Accounts.
  • The Raw Spread Account offers spreads as low as 0.0 pips.

  • The Standard Account offers spreads starting from 0.8 pips.

  • You may check our spreads by clicking here.

Trade Cost Calculation

To calculate the cost of a trade (excluding swaps and commissions) multiply the spread and pip value by the number of lots traded:

Trade Cost = Spread x Trade Size x Pip Value

For example:
Assuming you’re trading with mini lots which are 10,000 base units. You open a trade that has 0.8 pips spread.

The pip value is at $1, so the transaction cost is $0.80

Swaps

 

A forex swap rate or rollover is defined as the overnight interest added or deducted for holding a position open overnight. Swap rates are determined by the overnight interest rate differential between the two currencies involved in the pair and whether the position is long or short.

What You Should Know About Swap Rates

  • Swaps are only applied when a trade is kept open overnight through to the beginning of the next trading day
  • Certain symbols can have negative swap rates for both buy (long) and sell (short) positions
  • Swap rates are either calculated in points or in percentage terms, and our trading platforms automatically convert them into the account base currency
  • Swap rates can differ between symbols and the rates shown are per standard lot

  • Most of our symbols have triple swap charges on Fridays, while forex pairs and metals have triple swaps on Wednesdays.