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Contract Specification

Contract Specification

Industry-leading Prices

Contract specifications are a set of conditions that set the terms for how that product will trade. In this case, Zeno Markets’s contract specifications refer to the minimum spreads, pip value and swap for each financial product that we offer. These should be read in their entirety prior to entering any form of trading position with Zeno Markets.

Trading Times

While the forex market is open 24 hours a day, 5 days a week, these timeframes don’t apply to all other financial markets. Please consult our chart below for each market to ensure you are aware of the correct Start and Close time for that market’s trading session in order to react accordingly.

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Select Trading Instrument

Our contract specifications table should help you decide which financial product may be right for you. Expand your trading portfolio with Currency pairs, Metals, Commodities, Equities and Indices.

Product Contract Size Max Leverage Long Swap Short Swap Min Spread
EURUSD 100,000 500:1 -4.26 -0.32 0.1
USDJPY 100,000 500:1 -1.43 -3.02 0.1
GBPUSD 100,000 500:1 -2.99 -2.38 0.2
AUDUSD 100,000 500:1 -2.39 -1.88 0.2
USDCAD 100,000 500:1 -2.61 -3.23 0.2
USDCHF 100,000 500:1 0.23 -4.06 0.3
GBPJPY 100,000 500:1 -2.06 -3.51 0.8
EURJPY 100,000 500:1 -3.54 -1.14 0.2
AUDJPY 100,000 500:1 -1.4 -3.04 0.4
AUDCHF 100,000 500:1 0.26 -4.41 0.8
AUDNZD 100,000 500:1 -3.15 -2.61 0.8
CADCHF 100,000 500:1 0.05 -3.27 0.6
CADJPY 100,000 500:1 -1.42 -2.97 0.3
CHFJPY 100,000 500:1 -5.15 -0.66 0.6
EURAUD 100,000 500:1 -7.77 -2.01 0.7
EURCAD 100,000 500:1 -6.72 -1.48 0.6
USDTRY 100,000 500:1 -234.1 134.1 58.2
EURCHF 100,000 500:1 -2.08 -3.87 0.4
AUDCAD 100,000 500:1 -2.92 -2.9 0.6
EURGBP 100,000 500:1 -3.12 -0.46 0.3
NZDJPY 100,000 500:1 -1.17 -3.14 0.4
EURNZD 100,000 500:1 -7.38 -1.62 1.8
GBPAUD 100,000 500:1 -5.52 -4.29 1.9
GBPCAD 100,000 500:1 -4.47 -4.18 1.4
GBPCHF 100,000 500:1 -0.43 -6.02 1.0
GBPNZD 100,000 500:1 -5.5 -4.37 1.9
NZDCAD 100,000 500:1 -2.21 -2.76 0.8
NZDCHF 100,000 500:1 0.1 -4.61 0.4
USDHKD 100,000 500:1 -72.17 -70.9 0.1
EURTRY 100,000 500:1 -289.89 80.12 41.5
EURPLN 100,000 500:1 -0.09 -4.74 8.0
USDRUB 100,000 500:1 -801.61 214.44 158.0
USDMXN 100,000 500:1 -252.25 120.12 157.0
USDHUF 100,000 500:1 -5.41 -2.04 1900.0
USDNOK 100,000 500:1 -4.85 -5.32 28.0
USDZAR 100,000 500:1 -202.97 116.41 38.0
USDPLN 100,000 500:1 -0.09 -4.74 6.0
USDSEK 100,000 500:1 5.86 -16.77 25.0
EURSEK 100,000 500:1 -4.97 -2.21 36.0
EURNOK 100,000 500:1 -13.09 -5.42 32.0

Product Contract Size Leverage Long Swap Short Swap Min Spread
Gold 100 1:200 -4.85 0.08 0.2
Silver 5000 1:200 -1.12 0.08 0.2
US Oil Spot 100 1:200 -7.12 -2.31 0.01
UK Oil Spot 100 1:200 -9.93 -3.21 0.01
NGAS 1000 1:200 -180 30 0.09
Platinum 100 1:200 -1.23 -2.14 0.2450

Product Contract Size Leverage Long Swap Short Swap Min Spread
US500 10 200:1 -3.92 -3.11 0.2
US100 10 200:1 -5.78 -4.78 1.9
UK100 10 200:1 -5.42 -4.31 1.1
JAP225 10 200:1 -8.91 -7.63 0.5
US30 10 200:1 -9.896 -7.917 1.0
GER30 10 200:1 -6.32 -5.21 1.3
HKIND 10 200:1 -12.73 -10.87 19.0
EU50 10 200:1 -1.63 -1.31 1.4
FRA40 10 200:1 -2.75 -9.81 0.9
ITA40i 10 200:1 -8.454 -6.763 12.0
AUS200i 10 200:1 -4.729 -3.783 2.0
CHNIND 10 200:1 -10.69 -9.38 8.0
SPA35 10 200:1 -5.934 -4.747 8.0

Product Contract Size Leverage Long Swap Short Swap
All equities 1 1:50 -4 -2

CFDs Trading

CFD trading is defined as ‘the buying and selling of CFDs’, with ‘CFD’ meaning ‘contract for difference’. CFDs are a derivative product because they enable you to speculate on financial markets such as shares, forex, indices and commodities without having to take ownership of the underlying assets.

Instead, when you trade a CFD, you are agreeing to exchange the difference in the price of an asset from the point at which the contract is opened to when it is closed. One of the main benefits of CFD trading is that you can speculate on price movements in either direction, with the profit or loss you make dependent on the extent to which your forecast is correct.