Forex & NDFs

Forex Currency Pairs

We offer over 40 currency pairs to fit your trading needs. Trade popular currencies such as the US dollar (USD), euro (EUR), Japanese yen (JPY), British pound (GBP), Australian dollar (AUD), Canadian dollar (CAD), and the Swiss franc (CHF). We also offer more exotic currency pairs such as the offshore Renminbi (CNH).
 
To request a free demo for our MetaTrader 5 (MT5), click here.
Forex Currency Pairs
Majors (Most traded)
EUR/USD USD/JPY GBP/USD USD/CHF
AUD/USD NZD/USD USD/CAD
Minors
AUD/CAD AUD/CHF AUD/JPY AUD/NZD
AUD/SGD CAD/CHF CAD/JPY CAD/SGD
CHF/JPY CHF/SGD EUR/AUD EUR/CAD
EUR/CHF EUR/GBP EUR/JPY EUR/NZD
EUR/SGD EUR/TRY GBP/AUD GBP/CAD
GBP/CHF GBP/JPY GBP/NZD GBP/SGD
HKD/JPY NOK/JPY NZD/CAD NZD/CHF
NZD/JPY NZD/SGD SGD/JPY TRY/JPY
USD/CNH USD/HKD USD/SGD USD/THB
USD/TRY USD/ZAR

FX Pairs Minimum Spread

FX Spread Table
Currency PairBest SpreadMargin From
EUR/USD0.6 pips5%
USD/JPY0.7 pips5%
AUD/USD0.7 pips5%
USD/SGD0.8 pips5%
GBP/USD0.8 pips5%

*Accurate as at 7 Oct 2019

Why trade forex with Phillip Futures?

✔ Recipient of “Most Preferred Forex Broker – Gold” by ShareInvestor Awards 2018
✔ Over 40 FX Pairs to fit your trading needs
✔ Low Spreads, from 0.6 pips on EUR/USD and 0.7 pips on USD/JPY
✔ Diverse range of forex trading platform

FX Trading Platforms we offer

MetaTrader 5 (MT5): 
Award-winning platform that is highly intuitive to use, allowing you to build and automate your trading robots

FX365:
Multi-bank liquidity platform with multi-currency ledger that allows you to hedge based on your needs

NDF Currency Pairs

Choose from the following currency pairs which are available for NDFs
NDF CURRENCY PAIRS
USDCNYUSD/CNY Chinese Renminbi USDIDRUSD/IDR Indonesian Rupiah
USDINRUSD/INR Indian Rupee USDKRW USD/KRW Korean Won
USDPHPUSD/PHP Philippines Peso USDTWDUSD/TWD Taiwan Dollar

New to Forex ?

The Foreign Exchange market is commonly known as Forex (FX). It is the largest financial market in the world with a daily trading volume of US$5 trillion.

When you are trading Forex, you are buying/selling one currency for another at an agreed exchange price on the over-the-counter (OTC) market.

Unlike the stock market which has a fixed daily opening and closing hour, the forex market is open for trading 24 hours a day, 5 days a week.

Non-deliverable Forwards (NDFs) are net cash settled forwards on thinly traded or regulated currencies. The difference between the contracted NDF price and the prevailing spot price is settled at maturity, usually in USD. Unlike spot forex, there is no physical delivery involved in NDFs.

Contact Us?

Click here to open a Phillip Futures account today. For more information on Forex/NDF trading, please give us a call at (65) 6538 0500 or send an email to our Client Service Desk at futures@phillip.com.sg.