MEXC Launches USDSGD CFD Trading with Unlimited Leverage

MEXC is now offering trading for US Dollar (USDSGD) Contracts for Difference (CFD). This allows users to trade the Singapore dollar against the US dollar, with a contract size of 100,000 units. The current bid and ask prices are 1.28048 and 1.27818 respectively, resulting in an infinite spread.

The minimum order size is 0.01, while the maximum order size is 100. The tick size for this trading pair is 5, with a leveraged trading option available up to 50 times. Users should be aware that maintenance margins are required for both buying and selling at 2%.

The swap points for long and short positions are 1.63 and -15.033 respectively, which are applied daily. Trading hours are from Monday to Friday from 05:00 to 24:00, with limited hours on weekends.