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Pretium Securities is committed to offering you tight spreads across all Forex instruments. Spreads are important. The tighter the quoted spread, the less the market has to move in your favour before your trade becomes profitable. Our spreads are amongst the tightest offered in the foreign exchange market, regardless of trade size. Trade on some of our most popular pairs at 2 points, such as EUR vs GBP, EUR vs USD.
Pretium offers competitive spreads across a wide range of spot and forward currency contracts. Trade over 70 currency pairs with bid-offer spreads typically accessible only to the inter-bank spot market. .
Trading on margin increases your risk because you can potentially lose more than your initial deposit. However, there are many ways of managing your risk with a range of flexible orders including Limits (Take Profits), Stop-losses, OCOs (One Cancels the Other) and If Dones. All of these orders can be placed online and are free to use.
Pretium Securities also offers clients the opportunity to use a Guaranteed stop, although these are not available across Marketmaker. Guaranteed stops enable you to place a stop order at a predetermined level in order for you to guarantee your maximum loss. Therefore you have a known 'worse case scenario' should the market move against you. Because we guarantee the price at which the trade is stopped there are conditions to this type of order. Specifically there is a premium charge when opening the trade, and also any stop loss can only be placed a minimum number of points / percentage away from the current market price.
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