USDZAR

Instrument specification in OANDA TMS Brokers

Name
USDZAR.pro
Description
USD/ZAR
Type
Forex
Contract size / 1 lot
100 000 USD
Value of 1 pip
0.0001
Minimal step
0.0001
Short sale
YES
Distance SL and TP
0
Minimum order value
0.01
Maximum order value
10
Transaction Step
0.01
Trading Hours
monday-thursday 00:00-22:59, 23:05-24:00;friday 00:00-22:59;sunday 23:05-24:00
Deposit required
5% / 5% / 2%
Financial leverage
20:1 / 20:1 / 50:1
Long swap (daily)
-0.01939%
Short Swap (daily)
-0.00389%
3-day swap (date)
3
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
72% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.