Demo Request | BAXTER-FX

Trading Platforms Selection

PlatformsFIXGUI

Please note only trades done on demo XCDE, SolidFX and FXall will appear in real-time in your Demo Clearing Account. Other platforms, although integrated in production, are not integrated in demo environment.

DEMO Clearing Account Preferences

PreferencesPlease Select
Client Account Currency Your reference currency,
or the one in which you will make your
deposits and withdrawals.
Initial Deposit
Future or Treasury Style Account With "Treasury Style" Clearing and Reporting, your FX trades are decomposed in their respective single currency components.
We report the currencies positions that result from your trades - e.g. if you Bought 100K of EURCHF @ 1.5700,
we will report a Long position of 100K in EUR and a Short position of 157K in CHF for the appropriate value date of the trade.
In Treasury Style accounts, Marking to Market is operated by calculating the USD conversion value of each of your Currency Positions.
All open Currency Positions in excess of $10,000 (unless otherwise agreed with you) coming to maturity,
will be rolled to Spot value date against US Dollars through a TN or ON Swap.
Currency Positions below this threshold will be allowed to go to maturity and delivered to your cash accounts.
An automatic conversion of these multi currency cash amounts to your CAC can be agreed.
"Futures Style" reporting currency pair positions
With "Futures Style" Clearing and Reporting, each Currency Pair you trade is considered as a distinct Instrument.
A trade on a Currency Pair can only be closed by an offsetting trade in the same Currency Pair.
Closing a Currency Pair Position will realise a P&L in the term currency (for the value date of the trade).
We report the Currency Pair Positions by "Instrument" as e.g. Long 100k EUR/GBP @ 0.8942
Currency Pair positions that are below the agreed threshold will be allowed to go to maturity and delivered to your cash accounts.
An automatic conversion of these multi currency cash amounts to your CAC can be mutually agreed.
Future
Treasury
Average ticket size
Favorite currency pairs 1st.

2st.

3st.
Historic or
Market Rate Rollover Swaps During our end of day process all currency pair positions for Future Style accounts will be rolled.
All your currency positions above a certain threshold (decided with you) will be swapped against USD
at the current market rate.
Historical Price Your positions will be swapped to land at the rate you initially executed your trade,
crystallising the cost of carry.
Price drift Your positions will swap at the rate you initially executed your trade and will drift be
exactly the swap rate.
Market rate Your positions will swap at the market rate at the time of the swap.
Split or combined fees
Fee Schedule information Fees are calculated per million traded and consists of Execution fee which are the platforms fees
and Clearing fee which is the fee charged by BAXTER-FX for Clearing and settlement of your account.
Split Clearing and Execution fees will be itemised separately.
Combined Clearing and Execution fees will be applied as one combined fee.
Currency of fees
Client Account Currency
USD
P&L Currency Currency of far leg of each trade.

About Us

BAXTER is an innovative best execution and technology group specialized in the currency markets. Our mission is to open access to the most competitive and liquid FX markets in the most efficient way.

BAXTER-FX Clearing allows you to trade spot FX on all of the most popular and liquid multibank platforms.

The Service

Contact Us

Level 3, 80 Clarence St. Sydney
NSW 2000
ABN: 11 159 867 571
 
Dublin (24 hours) +353 1 531 4232
Sydney: +61 2 92 79 07 18
 
info@baxter-fx.com
www.baxter-fx.com

© 2024 BAXTER-FX