Market

Bonds

Trade benchmark government bond instruments — US Treasuries, the Euro Bund and UK Gilts — to express a view on interest rates or to balance risk elsewhere in the book.

Abstract graphic representing bonds trading
Instruments
Sovereign benchmarks
Popular
US10Y, BUND
Hours
Exchange session

Live-style pricing

Demo prices and chart

Prices below are generated by the simulated market engine used across the platform. They are for illustration only and are not a live feed.

US10Y+0.64%

US 10-Year Treasury Note

111.66

US30Y-2.70%

US 30-Year Treasury Bond

117.27

BUND-0.02%

Euro Bund

131.36

GILT+1.03%

UK Long Gilt

97.86

US10Y

111.66+0.64%

Simulated price feed for demonstration only — not a live market data source.

Costs

Typical spreads and charges

Typical spreads, commission and swap for Bonds
InstrumentTypical spreadCommissionOvernight swap
US 10-Year Note0.02 pointsNoneDaily financing
US 30-Year Bond0.04 pointsNoneDaily financing
Euro Bund0.02 pointsNoneDaily financing
UK Long Gilt0.03 pointsNoneDaily financing

Trading hours

US Treasuries
23:00 – 22:00 UTC, Mon – Fri
Euro Bund
07:00 – 21:00 UTC
UK Gilt
07:00 – 18:00 UTC
Weekend
Closed

Leverage and margin

Government benchmarks
Up to 1:10 retail
Long-dated
Up to 1:5 retail
Margin call
At 100% margin level
Stop out
At 50% margin level

Who trades this

This market tends to suit

  • Macro traders positioning around central bank policy
  • Traders hedging equity exposure with duration
  • Accounts seeking lower-volatility instruments

What you get

Trading conditions

Sovereign benchmarks

US, German and UK government debt on a single ticket.

Rate expression

Take a direct view on the path of interest rates.

Portfolio balance

Duration exposure that often moves against risk assets.

Same risk tooling

Stops, targets and sizing identical to every other market.

How it works

From account to open position

  1. 01

    Select

    Choose the sovereign benchmark.

  2. 02

    Plan

    Set direction around the policy calendar.

  3. 03

    Trade

    Send the order from the demo terminal.

  4. 04

    Review

    Track duration exposure in the blotter.

Learn

What to understand before trading bonds

Price and yield move opposite

Buying a bond instrument is a view that yields fall. Say the trade out loud in yield terms before you place it.

Duration is leverage

Long-dated instruments move far more per basis point than short-dated ones at the same notional.

Policy is the catalyst

Central bank meetings and inflation prints are the events that reprice this market.

Open an account and start trading in minutes

Registration takes two minutes and every new account starts with a simulated demo balance, so you can place orders across all seven markets before funding anything.