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in Hong Kong
The explosive growth in China over the past decade has transformed it into one of the largest economies in the world – second only to the U.S. – making it a force in international finance. FXCM Asia now offers online USD/CNH trading (No Dealing Desk Execution) so that you can trade on the growth and volatility inherent in an economy that continues to be one of the world’s fastest-growing.
|Typical Spread†||26 to 27 pips||26 to 27 pips|
|Margin Requirement*||Approx. 50 USD (per 1k)||Approx. 388 HKD (per 1k)^|
|Pip Cost||0.016 USD (per 1k)||0.123 HKD (per 1k)^|
|Daily Range#||135 pips||135 pips|
† NOTE: FXCM Asia strives to provide traders with tight, competitive spreads; however, there may be instances when market conditions cause spreads to widen beyond the typical spreads displayed.
* Trading on margin can both positively and negatively affect your trading experience as both profits and losses can be dramatically amplified.
^ Variable according to the exchange rate of USD vs. HKD; please refer to dealing rate window of trading station.
# Daily range data are from February to March 2012.
Existing clients automatically have the capability to trade USD/CNH .
Opening an account is easy - see account opening procedure.
Start without risk by registering for a free 30-day demo account.
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