PSS FOREX observes the best pricing mechanism under tight, competitive, and definable spreads by maintaining close institutional retail brokerage and banking relationships with some of the world's top-tier liquidity providers. With PSS FOREX, clients will obtain access to equal and direct quotations updated on a tick-by-tick basis for a consistent and precise view of the real market price action, and volatility in more than 53 currency pairs for transparent and anonymous trading experience focused on execution advantage.

Spreads Per Currency Pair (Fractional Pips)

Margin

Margin is referred to as the amount of capital needed in order for the deposit to open and maintain a position. A margin is not a fee or a transaction fee taken against the client, but instead, it is a percentage of the full amount of the position allocated as a margin deposit.

When clients trade on a margin, they are using a free short-term credit allowance provided by PSS FOREX in purchasing an amount of currency that greatly exceeds the account value. Through this margin facility, PSSFOREX enables exclusive clients to make large profits from relatively small initial capital.

Leverage

Leverage is referred to as the ratio of the amount of capital used in a transaction to the required security deposit with the ability to control large dollar amounts of a security with a relatively small amount of capital.

In PSS FOREX, clients can leverage exchange rate fluctuations ranging from 100:1 to 400:1, provided that the clients will apply intensive risk and money management for achievable profits.

Although the opportunity to earn significant profits by using high levels of leverage is substantial, leverage can also work against the client in the form of amplified loss potential.

Fractional Pip Pricing

PSS FOREX offers its exclusive clients with Fractional Pip Pricing on all 53 currency pairs.

This means that instead of quoting exchange rates of Non-JPY pairs with 4-digits, PSS FOREX allows clients to benefit from the smallest price movements by adding a fractional fifth decimal figure. For JPY currency pairs, the Fractional Pip Pricing applies to the third decimal figure.

The addition of the Fractional Pip Pricing aims to offer our clients with the best pricing mechanism in the form of tighter spreads, accurate price quotations, and competitive transaction costs.

As a result, we are able to provide more accurate and tighter prices to you. As competition intensifies, Fractional Pip Pricing should reduce bid/ask spreads for each of the more popular currency pairs even further.

Before this change, the buy price was rounded up to the nearest pip, and the sell price was rounded down. Now, with the additional decimal place, you will see a more accurate and tighter spread. For instance, you might see a buy price of 1.34557 instead of 1.3456 and a sell price of 1.34532 instead of 1.3453. In this case, you will be having a spread of 2.5 Pips instead of 3.

Fractional Pip Pricing Example:

Benefits: Through Fractional Pip Pricing, bid/ask spreads for each of the popular currency pairs are reduced significantly. The aim of PSS FOREX is to provide you with a competitive transaction cost through tight bid/ask spreads on every currency pair. Consequently, your profit will be quoted fractionally up to the tenth decimal place.

The Swap, which is also known as the rollover, pertains to the process of extending the settlement data of open trading positions. The Swap is a fee calculated by the difference in the interest rates that apply to the two currencies in the traded pair. If the interest on the base currency is higher than that of the quote currency, the client will earn a positive swap. On the contrary, when the interest rate of the quote currency is higher than that of the base currency, the client will incur a negative swap by which it will add a significant extra cost to the profit or loss of the trade.

Swap Rates