Currencies are the basis of Foreign Exchange market. Until recently, forex trading in the currency market had been the domain of large financial institutions, corporations, central banks, hedge funds and extremely wealthy individuals. In the internet era it is possible for average investors to buy and sell currencies easily with the click of a mouse through online brokerage accounts.
A currency future is a contract to exchange one currency for another at a specified date in the future at a price (exchange rate) that is fixed on the purchase date.

An investor sells a certain currency with relatively low interest rate and uses the funds to purchase a different currency yielding a higher interest rate.

DGCX futures contracts are cleared via Dubai Commodity Clearing Corporation (DCCC), removing counterparty credit risk and providing guaranteed settlement to each transaction. DGCX offers to trade these 14 currency pairs futures contracts with exceptionally low Initial Margin Requirements.

MetaTrader 5

Contract Name Contract Code Currency Initial Margin
Australian Dollar/USD Futures DAUD USD 800
Canadian Dollar/USD Futures DCAD USD 500
Swiss Franc/USD Futures DCHF USD 800
Euro/USD Futures DEUR USD 700
Pound Sterling/USD Futures DGBP USD 1100
Japanese Yen/USD Futures DJPY USD 900
Indian Rupee “Quanto” DINRI USD 120
Indian Rupee Mini/USD Futures DINRM USD 60
Indian Rupee/EUR Futures DINREUR EUR 110
Indian Rupee/GBP Futures DINRGBP GBP 115
USD/Korean Won Futures DUSDKRW KRW 1050000
USD/Russian Ruble Futures DUSDRUB RUB 92000
USD/South African Rand Futures DUSDZAR ZAR 15000
USD/Chinese Yuan DUSDCNH CNH 6900
شركة “أرامكس”الإماراتية – Aramex UAE

Risk Warning: Trading in leverage products carries a high level of risk and may not be suitable for all investors. Past performance of an investment is no guide to its performance in the future. Investments, or income from them, can go down as well as up. You may not necessarily get back the amount you invested. All opinions, news, analysis, prices or other information contained on this website are provided as general market commentary and does not constitute investment advice, nor a solicitation or recommendation to buy or sell any financial instruments or other financial products or services.

Legal: GULF BROKERS DMCC is a limited liability company incorporated and licensed under the laws of the Dubai Multi Commodities Centre (“DMCC”)to carry out certain categories of financial investment business as permitted under Licence No. DMCC- 30636, broker member of the Dubai Gold & Commodities Exchange (“DGCX”) under Member No 554 and regulated broker by the Securities & Commodities Authority (“SCA”) Licence No. 607110.

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