Margin: means a deposit of money required by the Company to be placed with the Company by the Client as a guarantee of performance of the terms and conditions of this Agreement by the Client and includes initial margin and maintenance margin.
1:100 leverage level allows more flexibility in your trades.
By using leverage principle, client could make significantly more money by using a margin account than by trading from a pure cash position. Margin can dramatically increase your profits.
The Company has set a fixed margin requirement to avoid complicated calculations for a smooth process. Please refer to the below table for a clear illustration of margin requirements.
TRADE PARTICULARS
| Product | Precious Metals | Forex | Crude Oil | |||
|
Account Type
|
Standard Account | Standard Account | Standard Account | |||
| Gold (XAUUSD) | RMB Kilobar Gold (LKGCNH) | Silver (XAGUSD) | Forex(1) | Forex(2) | WTI Oil | |
| Contract Unit (per 1 Lot) | 100 oz | 1kg | 2500 oz | 100,000 base currency | 100,000 base currency | 1,000 barrels |
| Minimal Price Change | 0.01 | 0.001 | 0.001 | 0.00001 - 0.001 (depending on trading instruments) | 0.00001 - 0.001 (depending on trading instruments) | 0.001 |
| Minimal Volume Per Transactions | 0.1 lot | 0.1 lot | 0.1 lot | 0.1 lot | 0.1 lot | 0.1 lot |
| Maximum Volume Per Transactions | 10 lots | 10 lots | 10 lots | 20 lots | 20 lots | 10 lots |
| Maximum Net Open Position (NOP) | 50 lots | 50 lots | 50 lots | 100 lots | 100 lots | 50 lots |
| Initial Margin (% of contract value) | 1% | 2% | 2% | 1% | 2% | 5% |
| Stop Out (% of initial margin) | 50% | 50% | 50% | 50% | 50% | 50% |
| Commission (per lot) | USD 50 | USD 50 | USD 50 | USD 50 | USD 50 | USD 50 |
| Overnight Interest Rate | Interest payable is based on inter-bank lending interest rates | Interest payable is based on inter-bank lending interest rates | Interest payable is based on inter-bank lending interest rates | Interest payable is based on inter-bank lending interest rates | Interest payable is based on inter-bank lending interest rates | Interest payable is based on inter-bank lending interest rates |
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Trading Hours
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Sunday 23:10 GMT - Friday 21:40 GMT (During America's Non-Daylight Saving) | Sunday 23:10 GMT - Friday 21:40 GMT (During America's Non-Daylight Saving) | Sunday 23:10 GMT - Friday 21:40 GMT (During America's Non-Daylight Saving) | Sunday 22:10 GMT - Friday 21:50 GMT (During America's Non-Daylight Saving) | Sunday 22:10 GMT - Friday 21:50 GMT (During America's Non-Daylight Saving) | Sunday 23:10 GMT - Friday 21:40 GMT (During America's Non-Daylight Saving) |
| Sunday 22:10 GMT - Friday 20:40 GMT (During America's Daylight Saving) | Sunday 22:10 GMT - Friday 20:40 GMT (During America's Daylight Saving) | Sunday 22:10 GMT - Friday 20:40 GMT (During America's Daylight Saving) | Sunday 21:10 GMT - Friday 20:50 GMT (During America's Daylight Saving) | Sunday 21:10 GMT - Friday 20:50 GMT (During America's Daylight Saving) | Sunday 22:10 GMT - Friday 20:40 GMT (During America's Daylight Saving) | |
| Margin for locking positions (% of initial margin) | 25% | 25% | 25% | 25% | 25% | 25% |
| Trading Platform | MT4 (Mobile, Desktop Version) | MT4 (Mobile, Desktop Version) | MT4 (Mobile, Desktop Version) | MT4 (Mobile, Desktop Version) | MT4 (Mobile, Desktop Version) | MT4 (Mobile, Desktop Version) |
| EA Support | Yes | Yes | Yes | Yes | Yes | Yes |
