All Firms/MyForexFunds/Instruments/GBP/USD

Trading GBP/USD on MyForexFunds

British Pound / US DollarForexOTC / Interbank

Last verified: 2023-08-29 | Official rules page

Yes, GBP/USD (British Pound / US Dollar) is available on MyForexFunds. Each pip is worth $0.10. Typical spread is 1.3 pips. Margin per standard lot is approximately $4,000 at typical leverage. Use MT5 for the best experience.

GBP/USD Specifications
Full NameBritish Pound / US Dollar
Typeforex
Pip Value (Standard Lot)$0.10
Typical Spread1.3 pips
Margin (Standard Lot)$4,000
ExchangeOTC / Interbank
Trading HoursSun 5:00 PM - Fri 5:00 PM ET (24h/day)
Max Lots by Account Size

Based on a 20-pip stop loss and using your full daily loss limit.

AccountDaily LossRisk/Trade (20 pips)Max Lots
$10,000$500$2.00/lot250
$50,000$2,500$2.00/lot1250
$100,000$5,000$2.00/lot2500
MyForexFunds Rules That Affect GBP/USD
Overnight HoldingAllowed
Weekend HoldingAllowed
News Tradingallowed
EAs / BotsAllowed
Recommended Platform

For trading GBP/USD on MyForexFunds, we recommend MT5.

MyForexFunds supports: MT4, MT5.

Other instruments on MyForexFunds
GBP/USD on other firms
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