EXINITY TRADER
Contract specifications
Check typical spreads, trade sizes, and swap details on our most popular markets below. Find full details on the trading platform. We typically trade 24 hours a day from Sunday evening until Friday evening – find more details under trading hours.
Ticker | Min Spread | Typical Spread | Min price move* | Swap Free days* |
Swaps
Swap short
Swap long
|
Commission (per completed trade) |
---|---|---|---|---|---|---|
AUD Ind | 0.6 | 1.5 | 0.00001 | 7 |
-10.11
-9.03 |
$0 |
EUR Index | 0.5 | 1.6 | 0.00001 | 7 |
-4.35
-11.47 |
$0 |
GBP Ind | 0.9 | 2.5 | 0.00001 | 7 |
-5.72
-3.98 |
$0 |
JPY Index | 0.1 | 0.9 | 0.001 | 7 |
-891.99
-529.65 |
$0 |
NZD Ind | 0.8 | 2.2 | 0.00001 | 7 |
-12.5
-9.38 |
$0 |
USD Index | 0.1 | 1 | 0.00001 | 7 |
-9.85
-5.35 |
$0 |
Ticker | Min Spread | Typical Spread | Swap Free Days* |
Swaps
Swap short
Swap long
|
Commission (per completed trade) |
---|---|---|---|---|---|
APPLE CFD | 3 | 3 | 3 |
-3.07%
-3.07% |
0% |
ABBOTT LABS CFD | 13 | 17 | 3 |
-3.07%
-3.07% |
0% |
ADOBE CFD | 67 | 88 | 3 |
-3.07%
-3.07% |
0% |
AMAZON CFD | 325 | 432 | 3 |
-3.07%
-3.07% |
0% |
ALIBABA GRP-ADR CFD | 23 | 25 | 3 |
-3.07%
-3.07% |
0% |
BANK OF AMERICA CFD | 3 | 3 | 3 |
-3.07%
-3.07% |
0% |
COSTCO WHOLESALE CFD | 29 | 41 | 3 |
-3.07%
-3.07% |
0% |
CISCO SYSTEMS CFD | 3 | 3 | 3 |
-3.07%
-3.07% |
0% |
CHEVRON CFD | 5 | 6 | 3 |
-3.07%
-3.07% |
0% |
FACEBOOK-A CFD | 17 | 21 | 3 |
-3.07%
-3.07% |
0% |
ALPHABET-A CFD | 300 | 386 | 3 |
-3.07%
-3.07% |
0% |
INTEL CFD | 3 | 3 | 3 |
-3.07%
-3.07% |
0% |
JOHNSON&JOHNSON CFD | 9 | 11 | 3 |
-3.07%
-3.07% |
0% |
JPMORGAN CHASE CFD | 5 | 6 | 3 |
-3.07%
-3.07% |
0% |
MCDONALD'S CFD | 25 | 33 | 3 |
-3.07%
-3.07% |
0% |
MERCK & CO CFD | 5 | 5 | 3 |
-3.07%
-3.07% |
0% |
MICROSOFT CFD | 5 | 6 | 3 |
-3.07%
-3.07% |
0% |
NETFLIX CFD | 69 | 87 | 3 |
-3.07%
-3.07% |
0% |
NIKE --B CFD | 12 | 15 | 3 |
-3.07%
-3.07% |
0% |
NVIDIA CFD | 73 | 97 | 3 |
-3.07%
-3.07% |
0% |
ORACLE CFD | 7 | 7 | 3 |
-3.07%
-3.07% |
0% |
PFIZER CFD | 2 | 3 | 3 |
-3.07%
-3.07% |
0% |
PROCTER & GAMBLE CFD | 5 | 6 | 3 |
-3.07%
-3.07% |
0% |
PAYPAL HOLDINGS CFD | 25 | 32 | 3 |
-3.07%
-3.07% |
0% |
QUALCOMM CFD | 9 | 11 | 3 |
-3.07%
-3.07% |
0% |
TESLA CFD | 65 | 82 | 3 |
-3.07%
-3.07% |
0% |
VISA - CLASS A CFD | 15 | 20 | 3 |
-3.07%
-3.07% |
0% |
VERIZON COMMUNIC CFD | 3 | 3 | 3 |
-3.07%
-3.07% |
0% |
WALMART CFD | 7 | 9 | 3 |
-3.07%
-3.07% |
0% |
EXXON MOBIL CFD | 3 | 3 | 3 |
-3.07%
-3.07% |
0% |
Ticker | Min Spread | Typical Spread | Swap Free Days* |
Swaps
Swap short
Swap long
|
Commission (per completed trade) | Additional Fixed Charge (per completed trade) |
---|---|---|---|---|---|---|
Safaricom CFD | 5 | 19 | 3 |
-7%
-7% |
3.08% | $0.08 |
Equity Group CFD | 5 | 58 | 3 |
-7%
-7% |
3.08% | $0.08 |
KCB Group CFD | 0 | 27 | 3 |
-7%
-7% |
3.08% | $0.08 |
Co-operative Bank CFD | 0 | 9 | 3 |
-7%
-7% |
3.08% | $0.08 |
East African Breweries CFD | 25 | 236 | 3 |
-7%
-7% |
3.08% | $0.08 |
Centum Investment CFD | 5 | 15 | 3 |
-7%
-7% |
3.08% | $0.08 |
Absa Bank Kenya CFD | 5 | 13 | 3 |
-7%
-7% |
3.08% | $0.08 |
Bamburi Cement CFD | 5 | 90 | 3 |
-7%
-7% |
3.08% | $0.08 |
Britam Holdings CFD | 2 | 15 | 3 |
-7%
-7% |
3.08% | $0.08 |
KenGen Ltd CFD | 1 | 8 | 3 |
-7%
-7% |
3.08% | $0.08 |
Kenya Powers&Ligh CFD | 0 | 5 | 3 |
-7%
-7% |
3.08% | $0.08 |
Nation Media GRP CFD | 5 | 55 | 3 |
-7%
-7% |
3.08% | $0.08 |
CFC Stanbic Hold CFD | 75 | 557 | 3 |
-7%
-7% |
3.08% | $0.08 |
WPP Scangroup Ltd CFD | 0 | 19 | 3 |
-7%
-7% |
3.08% | $0.08 |
Standard Chartered Bank Kenya CFD | 0 | 122 | 3 |
-7%
-7% |
3.08% | $0.08 |
Sasini Ltd CFD | 30 | 76 | 3 |
-7%
-7% |
3.08% | $0.08 |
Ticker | Min Spread | Typical Spread | Fractional Shares | Commission (per completed trade) |
---|---|---|---|---|
ABBOTT LABORATORIES | 1 | 3 | 1% | 0% |
ADOBE INC | 1 | 23 | 1% | 0% |
ALIBABA GROUP HOLDING-SP ADR | 1 | 3 | 1% | 0% |
ALPHABET INC-CL A | 1 | 102 | 1% | 0% |
AMAZON.COM INC | 1 | 113 | 1% | 0% |
APPLE INC | 1 | 1 | 1% | 0% |
AT&T INC | 1 | 1 | 1% | 0% |
BANK OF AMERICA CORP | 1 | 1 | 1% | 0% |
COCA-COLA CO/THE | 1 | 1 | 1% | 0% |
FACEBOOK INC-CLASS A | 1 | 4 | 1% | 0% |
HOME DEPOT INC | 1 | 16 | 1% | 0% |
INTEL CORP | 1 | 2 | 1% | 0% |
JOHNSON&JOHNSON | 1 | 3 | 1% | 0% |
JPMORGAN CHASE & CO | 1 | 2 | 1% | 0% |
MASTERCARD INC-A | 1 | 15 | 1% | 0% |
MICROSOFT CORP | 1 | 2 | 1% | 0% |
NETFLIX INC | 1 | 17 | 1% | 0% |
NIKE INC -CL B | 1 | 3 | 1% | 0% |
NVIDIA CORP | 1 | 25 | 1% | 0% |
PAYPAL HOLDINGS INC | 1 | 8 | 1% | 0% |
PEPSICO INC | 1 | 3 | 1% | 0% |
PFIZER INC | 1 | 2 | 1% | 0% |
PROCTER & GAMBLE CO/THE | 1 | 2 | 1% | 0% |
SALESFORCE.COM INC | 1 | 7 | 1% | 0% |
TESLA INC | 1 | 18 | 1% | 0% |
UNITEDHEALTH GROUP INC | 1 | 20 | 1% | 0% |
VERIZON COMMUNICATIONS INC | 1 | 2 | 1% | 0% |
VISA INC-CLASS A SHARES | 1 | 6 | 1% | 0% |
WALMART INC | 1 | 4 | 1% | 0% |
WALT DISNEY CO/THE | 1 | 3 | 1% | 0% |
Ticker | Min Spread | Typical Spread | Fractional Shares | Commission (per completed trade) | Additional Fixed Charge (per completed trade) |
---|---|---|---|---|---|
Safaricom | 5 | 19 | 1% | 3.08% | $0.08 |
Equity Group | 5 | 57 | 1% | 3.08% | $0.08 |
KCB Group | 0 | 27 | 1% | 3.08% | $0.08 |
Co-Operative Bank | 0 | 9 | 1% | 3.08% | $0.08 |
East African Breweries | 25 | 236 | 1% | 3.08% | $0.08 |
Centum Investment | 25 | 15 | 1% | 3.08% | $0.08 |
Absa Bank Kenya | 5 | 13 | 1% | 3.08% | $0.08 |
Bamburi Cement | 5 | 90 | 1% | 3.08% | $0.08 |
Britam Holdings Ltd | 2 | 15 | 1% | 3.08% | $0.08 |
KenGen Ltd | 1 | 8 | 1% | 3.08% | $0.08 |
Kenya Power&Ligh | 0 | 5 | 1% | 3.08% | $0.08 |
Nation Media Group | 5 | 55 | 1% | 3.08% | $0.08 |
CFC Stanbic Hold | 75 | 557 | 1% | 3.08% | $0.08 |
WPP Scangroup Lt | 0 | 19 | 1% | 3.08% | $0.08 |
Standard Chartered Bank Kenya | 25 | 122 | 1% | 3.08% | $0.08 |
Sasini LTD | 30 | 76 | 1% | 3.08% | $0.08 |
You can trade swap free for up to 7 days without incurring additional charges. Positions held beyond the swap free period will be charged a daily fee. To find out more about swap free trading accounts, please reach out to support or your account manager.
Understanding Pips and Pip Value in Forex trading
Pips - Currency price moves are typically quoted in pips (short for ‘percentage in point’). A pip is the smallest price move that a currency can make.
-
Most currency pairs are priced to 4 decimal places and the pip change is the fourth decimal point. Example: GBP/USD 1.39085 – 1.39095
-
Japanese Yen pairs are the exception, quoted to two decimal places, so the pip change is the second decimal point. Example: USD/JPY 110.156 – 110.164
-
Currency indices follow the same standards as the individual pairs, e.g. the JPY Index is quoted to two decimal places.
Pip value - is the profit or loss based on the value of your position and a single pip price movement.
pip size x position size (in quote currency)
Based on the GBP/USD and USD/JPY currency pairs above, for a standard lot of 100,000 of the base currency, Pip Values in the quote currency would be as follows.
-
Example: GBP/USD
Pip Value = pip size x position size (in quote currency)
Pip Value = 0.0001 x 100,000
Pip Value = 10 USDFor each single Pip move in the price of GBP/USD your position will gain or lose 10 USD.
-
Example: USD/JPY
Pip Value = pip size x position size (in quote currency)
Pip Value = 0.01 x 100,000 USD
Pip Value = 1000 JPYFor each single Pip move in the price of USD/JPY your position will gain or lose 1000 JPY.
If you wanted to convert that to USD, then you could use the current USD/JPY price to convert 1000 JPY into USD.
USD value = 1000 JPY / 110.164 = 9.08 USD.