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FDUSD vs US Dollar
FDUSD vs US Dollar
Contract specification
These are the terms the engine actually applies. Trading groups may widen the spread or reduce the leverage ceiling for a given account, never the reverse.
| Contract sizeUnits of the base asset per 1.00 lot | 1 USD |
|---|---|
| Minimum / maximum lotStep 0.01 | 0.01 – 100 |
| Pip sizeQuoted to 4 decimal places | 0.0001 |
| Value of one pipPer 1.00 lot, in the quote currency | 0.00 USD |
| Typical spreadStandard account, before group markup | 2.0 pips |
| CommissionRaw, ECN and Professional accounts | None — spread only |
| Maximum leverageInitial margin 1.00% of notional | 1:2 |
| Margin on one lotNotional $1 at the current price | $0.01 |
| Swap longPer lot per night, in the quote currency. Wednesday rolls carry triple swap. | 0.000 USD |
| Swap shortPer lot per night, in the quote currency. Wednesday rolls carry triple swap. | 0.000 USD |
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Where a figure is a band, the cost depends on the leverage you open at. The spread is at its widest at that account type’s maximum leverage; the desk commission is at its tightest there, because the keener books that charge one are only open below it.
Compare all account types →FDUSDUSD is modelled at 2.0% annualised. Position sizing should account for the fact that one standard lot moves 0.00 USD per pip.