Forex trading offers some of the best risk/reward opportunities which can be found in any financial market. As a huge electronic market which encompasses countless advantages, the forex market places control in a trader’s hands in a fast, effective and modern way. Grab the opportunity to be a part of this market by trading the many currency pairs offered by Tickmill Europe Ltd (ex Vipro Markets Ltd).

Why Trade Forex
  • The global FX market is the largest and most liquid market in the world. The average trade volume reaches $5 trillion a day.
  • The FX market is open 24/5.
  • Any person, firm or country can participate in the FX market, which includes all world currencies.
  • It is just as easy to profit from a falling currency pair as it if from a rising one.
  • The use of leverage enables traders to control much larger positions and maximise their profits.

Tickmill Europe Ltd streams prices on CFDs on 62 different currency pairs on the MetaTrader 4 trading platform, which is available on many devices, with the best possible pricing in the industry.

This combined with smart execution speeds makes Tickmill Europe Ltd the broker of choice for day traders, scalpers and those using Expert Advisors (EA).

Below is a list of available currency pairs; if you cannot see all of these pairs in your MetaTrader 4 trading platform, simply right click in the ‘Market Watch’ window and select ‘Show All’.


Instrument Description
AUDUSD Australian dollar vs. US dollar
EURUSD Euro vs. US dollar
GBPUSD British Pound vs. US dollar
NZDUSD New Zealand Dollar vs. US dollar
USDCAD US dollar vs. Canadian Dollar
USDCHF US dollar vs. Swiss Franc
USDJPY US dollar vs. Japanese Yen
AUDCAD Australian dollar vs. Canadian Dollar
AUDCHF Australian dollar vs. Swiss Franc
AUDJPY Australian dollar vs. Japanese Yen
AUDNZD Australian dollar vs. New Zealand Dollar
CADCHF Canadian Dollar vs. Swiss Franc
CADJPY Canadian Dollar vs. Japanese Yen
CHFJPY Swiss Franc vs. Japanese Yen
EURAUD Euro vs. Australian dollar
EURCAD Euro vs. Canadian Dollar
EURCHF Euro vs. Swiss Franc
EURGBP Euro vs. British Pound
EURJPY Euro vs. Japanese Yen
EURNZD Euro vs. New Zealand Dollar
GBPAUD British Pound vs. Australian dollar
GBPCAD British Pound vs. Canadian Dollar
GBPCHF British Pound vs. Swiss Franc
GBPJPY British Pound vs. Japanese Yen
GBPNZD British Pound vs. New Zealand Dollar
NZDCAD New Zealand Dollar vs. Canadian Dollar
NZDCHF New Zealand Dollar vs. Swiss Franc
NZDJPY New Zealand Dollar vs. Japanese Yen
*EURCZK Euro vs. Czech Koruna
*EURDKK Euro vs. Denmark Krone
EURHKD Euro vs. Hong Kong dollar
*EURHUF Euro vs. Hungarian Forint
*EURMXN Euro vs. Mexican Peso
*EURNOK Euro vs. Norwegian Krone
EURPLN Euro vs. Polish Zloty
*EURSEK Euro vs. Sweden Krona
EURSGD Euro vs. Singapore Dollar
EURTRY Euro vs. Turkish Lira
*EURZAR Euro vs. South Africa Rand
*GBPCZK British Pound vs. Czech Koruna
*GBPDKK British Pound vs. Denmark Krone
GBPHKD British Pound vs. Hong Kong dollar
*GBPHUF British Pound vs. Hungarian Forint
*GBPNOK British Pound vs. Norwegian Krone
GBPPLN British Pound vs. Polish Zloty
*GBPSEK British Pound vs. Sweden Krona
GBPTRY British Pound vs. Turkish Lira
*GBPZAR British Pound vs. South Africa Rand
NZDSGD New Zealand Dollar vs. Singapore Dollar
USDCNH US dollar vs. Yuan
*USDCZK US dollar vs. Czech Koruna
*USDDKK US dollar vs. Denmark Krone
USDHKD US dollar vs. Hong Kong dollar
*USDHUF US dollar vs. Hungarian Forint
*USDMXN US dollar vs. Mexican Peso
*USDNOK US dollar vs. Norwegian Krone
USDPLN US dollar vs. Polish Zloty
USDRUB US dollar vs. Russian Ruble
*USDSEK US dollar vs. Sweden Krona
USDSGD US dollar vs. Singapore Dollar
USDTRY US dollar vs. Turkish Lira
*USDZAR US dollar vs. South Africa Rand

Forex Trading Example, Selling EUR/USD

Opening the Position

The price of the Euro against the US Dollar (EUR/USD) is 1.13623/1.13624, and you decide to sell 2 standard lots (the equivalent of €200,000) at 1.13623.

The value of your position is €200,000 x 1.13623 = USD $227,246. The leverage on your trading account is 1:30 therefore the margin required to open the position is USD $227,246 / 30 = USD $7,574.87.

Closing the Position

One week later the Euro has fallen against the US Dollar to 1.12128/1.12129, and you decide to take your profit by buying back 2 standard lots at 1.12129.

The gross profit on your trade is calculated as follows:

Opening Price€200,000 x 1.13623 = USD $227,246
Closing Price€200,000 x 1.12129 = USD $224,258
Gross Profit on TradeUSD $2,988

It is important to note that whist your position remains open, each night your account will be debited or credited the swap rate. The swap is expressed in pips and is the difference between the interest paid to borrow the currency that is being sold and the interest received from holding the currency that is bought.

In order to calculate the net profit on this trade you will need to include any swap charges and you may also need to include any commission charges if they are payable. You should always be aware that if the market had moved in the opposite direction, you would have lost your entire invested capital.