FX - Account Details
FX trading from Barclays Stockbrokers includes:
Precision pricing from Barclays Capital
• Pricing sourced directly from Barclays Capital, one of the leading FX solutions providers
• Total transparency with fractional pip pricing to five decimal points on 19 currency pairs
• Prices refreshed up to eight times per second for instant execution
Unbeatable cash rates
• Base rate minus 2% on cash balances of £7,500-£50,000
• Base rate minus 1% on balances over £50,000
• Interest rates of +/- 1.5% on overnight positions
A cutting-edge electronic trading platform
• Fully customisable platform in browser-based or downloadable software
• Multiple and advanced order types and trade from chart functionality
• One or two-click trading from the FX quote screen
• Highly sophisticated charting and analysis with 29 technical indicators
• Integrated system alerts and risk management tools
Professional news and research
• Streaming Reuters news covering major FX calendar events and economic indicators
Ongoing support
• Full support from our dedicated BARXdirect team
• Comprehensive trading simulator
• Online technical help
• Seminars and online guides
Automatic risk management
The platform’s margin manager provides:
• Automatic calculation of the margin requirement to maintain or open new positions
• Email and web-based notifications when positions are nearing automatic close out, currently set at 70% of margin utilisation
• Open positions automatically closed if the available margin falls by 90%and you would suffer a loss of 90% of your margin. If Barclays Stockbrokers fails to close these positions for reasons beyond its control, you will remain liable for all losses
Leveraged foreign exchange trading carries a high level of risk to your capital and you should only deal with money you can afford to lose. Leverage can magnify losses as well as gains. Open positions will be closed out automatically if the available margin falls by 90%. If Barclays Stockbrokers fails to close these positions for reasons beyond its control, you will remain liable for all losses. Terms & conditions apply.
FX on BARXdirect from Barclays Stockbrokers is a trading name of Barclays Stockbrokers Limited.
Please note that BARXdirect via Barclays Stockbrokers may not be available in certain jurisdictions, especially the US and Japan. The products offered by Barclays Stockbrokers under the BARXdirect brand differ from products offered by Barclays Capital.
Barclays Stockbrokers is group name for the businesses of: Barclays Stockbrokers Limited, a member of the London Stock Exchange and PLUS. Registered No. 1986161; Barclays Sharedealing, Registered No. 2092410; Barclays Bank Trust Company Limited, Registered No. 920880. Registered VAT No 243 8522 62. All companies are registered in England and the registered address is: 1 Churchill Place, London E14 5HP. All companies are authorised and regulated by the Financial Services Authority.