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Knowledgebase : Forex Trading
* Scalping technique less than two minutes is prohibited * All posts are require to be held at least two minutes or longer. * Penalty may cause profits and rebates to be forfeited.
No scalping rules apply for ECN account.
Due to Gold is belong to commodity group, thus the margin required to hold a position will be different from currency pair. Gold margin used calculation : Lot size X current price x 1.3 = Gold Margin Used Example: Current price for GOLD is ...
Due to Silver is belong to commodity group, thus the margin require to hold a position will be differ with currency pair and it's not fix. Below are the Silver margin require calculation : * Lot size x current price x 10 times Example : In...
All the currency pair quotes in a two-way price The 'Bid' and the 'Ask'. The 'Bid' is always lower than the 'Ask' price. * The 'Bid' is the price in which the dealer is willing to buy the base currency in exchange for the quote currency means th...
* 'Swap' is also commonly known as a 'rollover rate'. * Swap is an amount paid or earned as a result of the differential interest rates applicable to currency pairs when a trader holds a position over night. Swap rates are calculated on daily basic...
Our ECN account spread is moving spread.
* In Forex trading, a small margin deposit can control a much larger total contract value. * Leverage gives the trader the ability to make nice profits, and at the same time keep risk capital to a minimum. * For example: Forex brokers offer 20...
* Buy Stop, Placing pending buy at price that higher then current price * Sell Limit, Placing pending Sell at price that higher then current peice * Buy Limit, placing pending buy at price that lower the current price * Sell Stop, placing pendin...
BEST PRICE EXPLAINATION. * Pendings/Stops orders are not a 100% guarantee of getting the desired entry/exit market price. * For instance, if a market price gaps down, the trader's stop order will be triggered (or filled) at a best price significantly...
* Swap rates are calculated daily at 23:59 GMT +0. * Trades that have been opened before 23:59 GMT +0 and held open past this time will be subject to swap rate. * Swap rate are triple on Wednesday at 23:59 GMT+0 (When Placing a trade in the spo...