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Forex and Precious Metals


FOREX

 

DESCRIPTION 

Mini/Standard-Forex

Micro-Forex

Deposit currency

USD

USD

Minimum deposit

US $100

US $10

Financial instruments

23 currency pairs

23 currency pairs

Commission

Free

Free

Leverage

1:100-1:500

1:100-1:500

Minimum Order Volume

0.1

0.01

Maximum Order Volume

10

10

     Value per Pips
 $1  $0.1
     Scalping

With limitations:
(1) Stop loss Take Profit and Pending Orders 10 pips or more away from the current price;

2) Most of the trades must be open for more than 5 minute)
 

With limitations:
(1) Stop loss Take Profit and Pending Orders 10 pips or more away from the current price;

2) Most of the trades must be open for more than 5 minute)
 

Swap-Free Accounts

Yes 

Yes 

Margin call/Stop Out Level

30% / 20 %

30% / 20%

 

 

  PRECIOUS METALS

 

 GOLD AND SILVER CATEGORIZED FOREX ACCOUNT

      DESCRIPTION

GOLD (GOLD#)

SILVER (XAGUSD)

Deposit currency

USD

USD

Minimum deposit

   $100 mini, $10 micro

$100 mini, $10 micro

Spread

50 mini, 100 micro

5 mini, 7 micro

Contract Size

100

5000

Leverage

1:100

1:100

Minimum Order Volume

0.1 mini, 0.01 micro

0.1 mini, 0.01 micro

Maximum Order Volume

10

10

     Value per Pips
 $0.1 mini, $0.01 micro   $5 mini, $0.5 micro
     Scalping

With limitations:
(1) Stop loss Take Profit and Pending Orders 200 pips or more away from the current price;

2) Most of the trades must be open for more than 5 minute)
 

With limitations:
(1) Stop loss Take Profit and Pending Orders 10 pips or more away from the current price;

2) Most of the trades must be open for more than 5 minute)
 

Swap

Yes, long -1%, short -0.5%

Yes, long -1%, short -0.5%

Margin call/Stop Out Level

30% / 20 %

30% / 20%

 

Over-the-Weekend and Holidays Leverage

To prevent negative equity on the customer accounts, due to the gap at the market opening after weekend and holidays, the maximum leverage will be set up to 1:100 on each Friday or the last day before holiday, 5 hours before the market closed on the weekend or any other holiday. It will be reverted back to your leverage choice automatically 2 hours after the market opens. This rule is necessary because of the potential for a price gap during market open.

 

Useful Information:

Margin Call Level (level of margin requirements) - the ratio (total balances and floating profit deducting floating loss) from margin requirements (deposit) are shown in percentages. Margin call prevents the client from a negative balance in their account.

Stop Out Level - the level of margin required. If equity has reached this level, orders were forced to start with the least favorable to achieve a minimum level of margin. Please note that uses Stop Out to reduce the level of risk for the client to avoid a negative balance.

Gap Level - a criteria of gap activation (if the price gap is equal to or greater than the specified level, the gap mode is engaged). It's used for automatically order's executing by the server (execution for Take-Profit order, Stop-Loss order, Buy-Stop and Sell-Stop pending orders, Buy-Limit and Sell-Limit pending orders). For detail: clauses 3.13.2. of EuromaxFX Client's Agreement.

News Release - in the case of price changes related to the high-impact news release, the system automatically might to deleting or cancelling Buy-Stop and Sell-Stop pending orders. For detail: clauses 3.13.4. of EuromaxFX Client's Agreement.

Non-qualified Trades - non-qualified trades are prohibited for all account types. Non-qualified trades are trades which take profit or loss less than triple spread and/or are kept open for less than 5 minutes. If 50% or more of your trades were non-qualified, your strategy is defined as aggressive. The strategy which includes frequent opening/modificaton/closing of positions/orders (usually more often than once every 10-15 minutes) is also defined as aggressive usage of non-qualified trades. Aggressive usage is prohibited for all account types. These rules apply to all trades regardless of the market situation. For detail: clauses 3.13.5. of EuromaxFX Client's Agreement.