Trading Conditions

As a firmly established brokerage, Brisk Markets knows that trader success realies heavily on getting optimal trading conditions. With that in mind, we’ve ensured that our traders have access to the lowest spreads, lowest latency and fastest execution possible.

Trading Conditions Explained

Forex Trading Sessions

With 24/5 trading as standard, the market opens at 00:10 on Monday and closes at 23:50 on Friday; giving you round the clock access to trading opportunities. (Daily session break 23:55-00:10. GMT+2 time zone. Please note that DST applies during summer.)

Spreads

We’ve spent countless hours nurturing our relationships with our liquidity providers to ensure that our traders get access to some of the lowest spreads on the market. Trade with exceptional spreads on Forex, Cryptos, Commodities, Shares and Indices.

Leverage and Margin Requirements

One of the main appealing factors about forex trading is the use of Leverage & Margin. It allows you to use a small amount of capital to open and maintain a much larger position. However, trading with leverage also carries risk. Always ensure that you calculate your necessary margin requirements to ensure good risk management.

Slippage

Slippage involves executing any given trade on a specific price different from the expected price sent or preset by the client. This may take place during highly volatile market conditions such (but not limited to) economic or political news; the order will be filled at the next best available market price because, but not limited to – the desired/preset order price is not available, or because higher spread differences are applied in the corresponding exchanges of the traded instrument. Clients acknowledge that slippage might occur as per the liquidity providers’ terms and conditions and that this is beyond the control of Brisk Markets and agrees to waive Brisk Markets from any liability that may arise subjective to any damage or expense or loss incurred by the Client, in relation to or directly or indirectly arising from but not limited to such terms and conditions.

Trading Platform

A trading platform is software provided by brokers that allows traders to execute trades, conduct analysis, and manage their accounts. Popular examples include MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

Forex Broker

A forex broker is a financial institution or company that provides a platform for traders to access the forex market. Brokers facilitate currency trading by connecting buyers and sellers.

Equity

Equity in forex trading refers to the current value of a trader’s account, including open trades. It is the residual interest in the account after deducting losses, withdrawals, and additional deposits.

Take Profit

Take Profit is a predetermined price level at which a trader decides to close a position to secure profits automatically.

Stop Loss

Stop Loss is a predetermined price level at which a trader decides to close a losing position to limit potential losses.

Pending Orders

Pending orders are instructions to execute a trade once the market reaches a specified price level. This includes Buy Stop, Sell Stop, Buy Limit, and Sell Limit orders.

Free Margin

Free Margin is the amount of funds available in a trading account that can be used to open new positions.

Margin Call

A Margin Call occurs when a trader’s account equity falls below the required margin level 100%, prompting the broker to request additional funds or automatically close positions.

Stop Out Level

The Stop Out Level is the minimum account equity level at which the broker will automatically close some or all of the trader’s open positions to prevent further losses. Brisk Markets Stop Out Levels starts from 90% To 20% based on accounts Types.

Inactive and Dormant Accounts

Trading accounts that have been unused or inactive for a period of 60 Days, subject to specific policies regarding maintenance fees or closure. Such dormant accounts will be subject to relevant charge/cost(s), relating to the maintenance/administration of such accounts. When an account is classified as dormant Brisk Markets  has the right to charge an ‘inactivity fee’ of 60 USD, 60 EUR or 60 GBP  (depending on the base currency of the account holder) per month, which will be charged and debited from the balance of the specific account until the account holder has the required funds available and/or until a zero balance/equity is reached. Such an ‘inactivity fee’ shall not in any case give a minus balance to the account. Any Dormant account which continues to be dormant for a total period of six (6) months, is considered to be Closed on the first day after six (6) months of no transactions. Both Dormant and Closed accounts will be frozen immediately, and the account holder will not be permitted to undertake any further transaction in such Dormant or Closed account. In order for a Dormant or Closed account to be re-activated the account holder shall proceed with Brisk Markets’ s KYC/CDD procedures and by funding his account with the minimum deposit and conducting at least one (10) trades with the Company.

Trading Hours

The specific times during which financial markets are open for trading.

Execution

The process of completing a trade, from the initiation of the order to its fulfillment in the market.

Wrong Quotes

Incorrect or inaccurate price quotes displayed on trading platforms.

Deposit and Withdrawals

The process of adding funds to or removing funds from a trading account.

Credit/Debit Card Payments

Deposits or withdrawals made directly from a trading account using a credit or debit card.

Wire Transfer

A method of transferring funds electronically from one bank account to another.

E-wallet Payments

Deposits or withdrawals made using electronic wallet services such as Neteller or Skrill or any other form of electronic wallet fiat or Cryptos.

Corporate Actions

Events initiated by a company that may affect the value of its securities, such as dividends, stock splits, or mergers.

Swaps

Quite simply, swaps are an overnight interest charge that traders must pay to hold a position open overnight. We’ve taken every step to ensure that we offer competitive swap rates to our traders. Check our swaps from here 

Commissions

Continuing the theme of optimal trading conditions, we’ve ensured that our commission structure is exceptionally competitive.
Classic Account Premium Account Elite Account
MINIMUM DEPOSIT $250 $2500   $25000
SPREADS FROM  1.2 pips 0.4 pips 0.0 pips
COMMISIONS (PER SIDE) $0 $3.5 $2.5

Margin

Margin is the amount of money required to open and maintain a trading position. It is used to leverage trades, representing a portion of the total position size.

Spread

Spread is the difference between the buying (ask) and selling (bid) prices of a currency pair. It represents the broker’s fee for facilitating the trade.

Pip

A pip, or percentage in point, is a standardized unit of movement in the exchange rate between two currencies. It is typically the smallest price move that can be observed in the exchange rate.

Take Profit

Take Profit is a predetermined price level at which a trader decides to close a position to secure profits automatically.

Stop Loss

Stop Loss is a predetermined price level at which a trader decides to close a losing position to limit potential losses.

Pending Orders

Pending orders are instructions to execute a trade once the market reaches a specified price level. This includes Buy Stop, Sell Stop, Buy Limit, and Sell Limit orders.

Free Margin

Free Margin is the amount of funds available in a trading account that can be used to open new positions.

Margin Call

A Margin Call occurs when a trader’s account equity falls below the required margin level 100%, prompting the broker to request additional funds or automatically close positions.

Expert Advisors

Brisk Markets allows clients to use Expert Advisors with respect of its Terms and Conditions and Policies , Expert Advisors (EAs) are automated trading systems or algorithms that can execute trades on behalf of traders based on predefined criteria.

Trailing Stop

A Trailing Stop is a dynamic stop-loss order that adjusts as the market price moves in the trader’s favor, helping to lock in profits while allowing room for potential gains.

Risk Management

Risk Management involves strategies and techniques employed by traders to control and minimize potential losses, including the use of stop-loss orders, position sizing, and diversification.

Metals Trading

Metals Trading involves the buying and selling of precious metals like gold and silver in the financial markets.

Indices Trading

Indices Trading involves trading contracts based on the performance of stock market indices, representing the overall value of a specific market or sector.

Oil Trading

Oil Trading involves the buying and selling of contracts related to crude oil and other petroleum products in the financial markets.

Swap Free / Islamic Account

Swap Free/Islamic accounts are tailored for Muslim clients in the forex trading industry. These accounts are designed to accommodate individuals whose religious beliefs prohibit the payment or receipt of interest, known as swaps. Clients must provide sufficient proof of their religion to qualify for a Swap Free/Islamic account. In the absence of adequate verification, Brisk Markets  will proceed with opening a regular Swap Account, subjecting the client to standard swap fees. Clients are reminded that any misuse of the Swap Free facility, such as holding floating positions for extended periods to avoid swap fees, is strictly prohibited. In such cases, clients must promptly close their floating positions, as swap fees are the responsibility of Brisk Markets, not the client. Additionally, hedging a spot currency with its corresponding Future contract is forbidden, as it constitutes an attempt to exploit the swap-free facility for profit. In such instances, one direction of the hedge must be closed immediately. Moreover, certain instruments may incur Storage Fees on a daily basis, as outlined Here