In the forex market, exotic currency pairs are the third most often traded. These pairings consist of a currency from a developing or emerging economy, and one of the eight main currencies such as USDTRY, USDZAR, USDCNH and many more. FXTM offers 18 exotic pairs in total. You can see the exotic pairs we offer on our contract specification page.
Exotic currencies have a higher level of volatility, which increases the risk of trading them, but also offer trading opportunities when opportunities with major FX pairs are limited. Emerging market currencies offer a higher level of interest rate, which can make them attractive for carrying trades overnight.
FXTM provides floating leverage up to 1:3000 for major pairs; however, some exotic pairs with lower leverage such as NOK and SEK pairs at a maximum leverage of 1:50.
Leverage And Margin Requirements For Minors
| Forex Exotics |
| Notional value USD |
Notional value EUR |
Notional value GBP |
Notional value NGN |
Leverage Offered* |
Floating Margin% |
| 0 - 300,000 |
0 - 270,000 |
0 - 230,000 |
0 - 360,000,000 |
1:200 |
0.5% |
| 300,001 - 3,000,000 |
270,001 - 2,700,000 |
230,001 - 2,300,000 |
360,000,001 - 3,600,000,000 |
1:100 |
1% |
| More than 3,000,000 |
More than 2,700,000 |
More than 2,300,000 |
More than 3,600,000,000 |
1:25 |
4% |
Note: Customers from India and Kenya are restricted to a maximum leverage of 1:400 across all accounts and assets, and any leverage above this amount shown in the rate cards or calculations should be adjusted to 1:400.
| USDCNH |
| Notional value USD |
Notional value EUR |
Notional value GBP |
Notional value NGN |
Leverage |
Floating |
| 0 - 2,000,000 |
0 - 1,600,000 |
0 - 1,300,000 |
0 - 2,400,000,000 |
1:50 |
2% |
| 2,000,001 - 4,000,000 |
1,600,001 - 3,200,000 |
1,300,001 - 2,700,000 |
2,400,000,001 - 4,800,000,000 |
1:25 |
4% |
| More than 4,000,000 |
More than 3,200,000 |
More than 2,700,000 |
More than 4,800,000,000 |
1:10 |
10% |
| USDHKD, EURHKD |
| Notional value USD |
Notional value EUR |
Notional value GBP |
Notional value NGN |
Leverage |
Floating |
| 0 - 500,000 |
0 - 400,000 |
0 - 330,000 |
0 - 600,000,000 |
1:25 |
4% |
| More than 500,000 |
More than 400,000 |
More than 330,000 |
More than 600,000,000 |
1:10 |
10% |
| EURNOK, EURSEK, USDNOK, USDSEK, GBPSEK |
| Notional value USD |
Notional value EUR |
Notional value GBP |
Notional value NGN |
Leverage |
Floating |
| 0 - 5,000,000 |
0 - 4,000,000 |
0 - 3,300,000 |
0 - 6,000,000,000 |
1:50 |
2% |
| More than 5,000,000 |
More than 4,000,000 |
More than 3,300,000 |
More than 6,000,000,000 |
1:25 |
4% |
| USDZAR |
| Notional value USD |
Notional value EUR |
Notional value GBP |
Notional value NGN |
Leverage |
Floating |
| Unlimited |
Unlimited |
Unlimited |
Unlimited |
1:25 |
4% |
| USDCZK |
| Notional value USD |
Notional value EUR |
Notional value GBP |
Notional value NGN |
Leverage |
Floating |
| Unlimited |
Unlimited |
Unlimited |
Unlimited |
1:5 |
20% |
| EURTRY, USDTRY |
| Notional value USD |
Notional value EUR |
Notional value GBP |
Notional value NGN |
Leverage |
Floating |
| Unlimited |
Unlimited |
Unlimited |
Unlimited |
1:3 |
33.3% |
