Forex

Forex Product Sheet and Trading Terms

Product

Symbol

Contract Unit/Lot

Standard Margin

Tick Size

Tick Value

AUD/CAD

AUDCADu

100,000

2000 AUD

0.00001

1 CAD

AUD/JPY

AUDJPYu

100,000

1000 AUD

0.001

100 JPY

AUD/NZD

AUDNZDu

100,000

2000 AUD

0.00001

1 NZD

AUD/USD

AUDUSDu

100,000

1000 AUD

0.00001

1 USD

CAD/CHF

CADCHFu

100,000

1000 CAD

0.00001

1 CHF

CAD/JPY

CADJPYu

100,000

2000 CAD

0.001

100 JPY

CHF/JPY

CHFJPYu

100,000

1000 CHF

0.001

100 JPY

EUR/AUD

EURAUDu

100,000

2000 EUR

0.00001

1 AUD

EUR/CAD

EURCADu

100,000

2000 EUR

0.00001

1 CAD

EUR/CHF

EURCHFu

100,000

2000 EUR

0.00001

1 CHF

EUR/GBP

EURGBPu

100,000

1000 EUR

0.00001

1 GBP

EUR/JPY

EURJPYu

100,000

1000 EUR

0.001

100 JPY

EUR/NZD

EURNZDu

100,000

2000 EUR

0.00001

1 NZD

EUR/USD

EURUSDu

100,000

1000 EUR

0.00001

1 USD

GBP/AUD

GBPAUDu

100,000

2000 GBP

0.00001

1 AUD

GBP/CAD

GBPCADu

100,000

2000 GBP

0.00001

1 CAD

GBP/CHF

GBPCHFu

100,000

2000 GBP

0.00001

1 CHF

GBP/JPY

GBPJPYu

100,000

1000 GBP

0.001

100 JPY

GBP/USD

GBPUSDu

100,000

1000 GBP

0.00001

1 USD

GBP/NZD

GBPNZDu

100,000

2000 GBP

0.00001

1 NZD

NZD/CAD

NZDCADu

100,000

2000 NZD

0.00001

1 CAD

NZD/CHF

NZDCHFu

100,000

2000 NZD

0.00001

1 CHF

NZD/JPY

NZDJPYu

100,000

2000 NZD

0.001

100 JPY

NZD/USD

NZDUSDu

100,000

1000 NZD

0.00001

1 USD

USD/CAD

USDCADu

100,000

1000 USD

0.00001

1 CAD

USD/CHF

USDCHFu

100,000

1000 USD

0.00001

1 CHF

USD/JPY

USDJPYu

100,000

1000 USD

0.001

100 JPY

 

Leverage

Contract Unit / Standard Margin = Leverage Ratio

1:100 leverage of clients’ trading accounts refers to the leverage of the standard margin for the above listed products

1:200 leverage of clients’ trading accounts refers to twice the leverage of the standard margin for the above listed products

The margin hedge is 10% of the new open position margin, which means the sum of one buy and one sell of the hedge position is 20% of one new open position margin

Account default leverage is 1:200.

Time Zone and Trading Session

Trading Platform Time Zone: GMT+2 (Daylight Saving Time GMT+3)

Trading Session: GMT+2/+3 Monday 00:10 – Friday 23:50

Hours of break session: None

Calculation of Trading Profit and Loss

Calculation of Trading Profit and Loss= (sell price – buy price) × contract unit × contract volume

* The currency of the PL amount calculated above shall be the quoted currency. For example, for AUDUSD, the currency of the profit amount shall be in USD.

(The second-ranked currency is the quoted currency, while the first-ranked currency is the base currency.)

For example, client buys two lots of AUDUSDu at a price of 0.60553, then closes the position at 0.61029

P&L is: (0.61029 – 0.60553) × 100,000 × 2 lots = USD 952

Calculation of Swap

Daily Swap Calculation and Process Time: GMT+2/+3 23:59, 3-days-swap will be charged on every Wednesday.

Swap Amount per Trading Day = contract unit of base currency × contract volume × buying or selling swap / 360

The base currency is the first-ranked currency of the products. For example, AUD is the base currency of AUDUSDu..

For example, client buys 2 lots of AUDUSDu and closes the position a day later, then the swap is -0.1%:

100,000 × 2 × -0.1% / 360 = AUD -0.56

Pending Order

Validity Term of Pending Orders:

1. Take-Profit and Stop-Loss orders on the existing open position are always valid unless canceled by clients themselves

2. New pending orders are valid until the Friday closing, or cancelled at the time specified by the client (whichever the earlier)

The points gap between the price of pending orders and the market price under normal market conditions: 20 points ( 2pips )

*When a price gap occurs, the system’s automatic stop-loss mechanism shall prevail.

Spread and Execution Type

Execution Type (pending orders included): Market price filling

Spread: Floating spread

NOP and Trading Volume

NOP for one single direction of every forex products of each account (including sub accounts) will be 100 lots

The volume range of per click is 0.01 – 20 standard contracts.

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