Trade GBPUSD

Trade the GBPUSD on Our Lowest Spreads

The GBPUSD belongs to what is called the currency majors – the most actively traded currency pairs in the world. The single currency is the fourth most widely traded currency in the world behind the US dollar, Euro and Japanese Yen.

Trading volume in the GBPUSD pair is usually at its highest when there is an overlap between the European market close and the US market open.

You have the choice of our standard account or our ECN account, which has spreads as low as 0.0 pips. All accounts are traded via our MT4 trading account.

Important Contract Specifications for the GBPUSD

Contract size:
0.01 contract. This means you can trade as little as 1/10th of the 100,000 GBPUSD contract.
Margin required:0.5%. Therefore, to hold $100,000 worth of GBPUSD CFDs you would need $500 in margin.
Comm.:There are no commissions on the GBPUSD.
Spreads:Floating. This means the spread will be low during active market hours and higher during market hours.
Smallest contract size:1/10th of a contract. You can trade as little as 1/10th of the 100,000 GBPUSD contract.
Price per point:$US10. For every full contract you have, each full point movement will be $US10. A mini contract is $US1 and a micro contract is $US0.10.
Liquidity:We source our liquidity for the GBPUSD via a number of global liquidity providers.

Why trade the GBPUSD?

There are a number of benefits of trading the Pound with Synergy FX. These include:

  • Low margins starting at just 0.5% allowing you to access more opportunity
  • Small contract sizes allow you to scale in and out with ease
  • Excellent liquidity allowing for excellent trade execution during fast-moving markets
  • Access to both profit taking, stop loss and trailing stop orders
  • Price alerts can be set to notify you on screen or via email
  • Robots, scalpers and hedging welcome
  • Free unlimited access to our exclusive Education Portal

Trading hours for the GBPUSD

SessionsQuotesTrade
Sunday
Monday00:00-24:0000:03-23:59
Tuesday00:00-24:0000:01-23:59
Wednesday00:00-24:0000:01-23:59
Thursday00:00-24:0000:01-23:59
Friday00:00-23:5700:01-23:57
Saturday

Start trading GBPUSD today by opening a live or demo MT4 trading account.

Why Synergy FX ?

Start trading GBPUSD today by opening a live or demo MT4 trading account.

  • True STP and ECN

    True ECN Spreads From 0.0 PIPS

  • Segregated Accounts

    Segregated accounts with AA rated banks

  • No Dealing Desk

    No dealing desk to manipulate price

  • Execution Speed

    Ultra Fast Order Execution

  • Global Fibre Optic Network

    Servers based in New York, London and Sydney

TOP 7 FACTS ABOUT TRADING THE GREAT BRITISH POUND (GBP)

  • When the UK voted to leave the European Union (Brexit vote) the pound suffered one of its worst days when it fell to a 30-year low.
  • The dot.com bubble burst in 2001 saw the pound fall by 20%
  • The first pound coin appeared in 1489 under the reign of Henry VII.