The minimum cost is only $203! You can play with the foreign exchange market, which can be hedged, invested and speculated.
From now on, users can buy and sell a variety of miniature foreign exchange products on the Futu Securities platform to meet a variety of foreign exchange needs.
The contract for miniature foreign exchange futures is smaller but more likely, allowing investors to express their views on changes in the exchange rate of major currencies against the dollar. You only need to pay a 1/10 deposit on standard foreign exchange futures, with a minimum of US $203.00, you can keep up with the fast-paced foreign exchange market and seize potential opportunities to hedge foreign exchange exposure. In addition, there are BRICS currency futures against the dollar, including the Brazilian real 6L, the South African rand 6Z, the Indian rupee SIR, the Mexican peso 6m.
Trading in the largest regulated foreign exchange market
With only a part of the margin, you can enjoy the advantages of the larger and liquid G10 currency futures used by professional foreign exchange traders. Nearly 24-hour trading, zero management fees, random short and long, and more trading convenience.
Buy and sell the world's largest asset class on the world's largest regulated foreign exchange trading venue
The foreign exchange market is the largest market in the world, with an average daily transaction of US $6.6 trillion, bringing great potential for your trading. Mini forex futures allow you to enter the market and trade these contracts supported by CME clearing, so you don't have to worry about counterparties defaulting. All foreign exchange transactions are regulated by CFTC and supervised and supported by the Market Supervision Department of the Institute to ensure the integrity of the transactions.
Use leverage to enhance investment
It is the inherent leverage power of futures to control the larger contract value with less upfront funds. Compared with a basket of company stocks or ETF, futures have higher capital efficiency, allowing you to enjoy greater potential upside and lower transaction costs.
Details of a variety of transactions are shown in the following table. Click to jump to the relevant market:
Miniature AUD / USD | Mini Canadian dollars / US dollars | Miniature Swiss franc / US dollar | Miniature Euro / USD | Miniature pound / dollar | Miniature rupees per dollar | Miniature Japanese yen / USD | |
Target currency | Australian dollar | Canadian dollar | Swiss franc | Euro | Sterling | India rupee | Japanese yen |
Contract scale | 10000 Australian dollars | 10000 Canadian dollars | 12500 Swiss francs | 12500 euros | 6250 pounds | 1 million Indian rupees | 1250000 yen |
Ratio to standard contract | 1/10 | 1/10 | 1/10 | 1/10 | 1/10 | 1/10 | 1/10 |
Minimum change price | 0.0001 US dollars / Australian dollars | 0.0001 US dollars / Canadian dollars | 0.0001 dollars / Swiss francs | 0.0001 dollars per euro | 0.0001 dollars / pound | 0.01 US dollars per rupee | 0.000001 dollars per yen |
The dollar value of the minimum change in price | $1 / contract | $1 / contract | $1.25 per contract | $1.25 per contract | $0.625 per contract | $1 / contract | $1.25 per contract |
Product code | M6A | MCD | MSF | M6E | MGB | MIR | MJY |
Delivery | Cash settlement | Cash settlement | Cash settlement | Cash settlement | Cash settlement | Cash settlement | Cash settlement |