Forex Currency Trading Conditions Overview for Colmex Pro MT4 Users

Transcription

1 Forex Currency Trading Conditions Overview for Colmex Pro MT4 Users Colmex Pro high-speed execution and advanced trading environment puts all the right tools at your disposal enabling you to take advantage of opportunities to maximize your trading potential on the energy commodities, equity indices, precious metals and forex currency trading markets. Forex CFD Spot Metals CFD Futures Leverage Margin Requirements From 1:1 to 1:400 N/A N/A Minimum Spread 0.3 pips $0.5 per oz 2% Margin Required for Hedge Position Not required Minimum trade size 1 1 Commission Minimum -3 $ per side. Maximum-10 $ per side. Depends on the account type and deposit size Minimum Initial Deposit 400 or equivalent Payment Methods Bank Wire. Credit/Debit Cards Trading Platforms Available Additional Information Operating Times Phone Dealing Desk and dedicated Live Support Tight spreads from 0.3 pips Market-leading prices with fractional pricing Flexible leverage options Rapid execution and comprehensive trading tools Account currency Trade the size you want EAs and HFT (High Frequency Trading) Negative balance protection Meta Trader 4 client terminal Negative balance protection. Limit and Stop Levels in forex are fixed. Sunday 22:00GMT to Friday 21:00 GMT Multilingual Dealing Desk and customer support available 5 days a week. With multiple liquidity providers offering prices you will receive some of the most competitive prices in the market under normal trading conditions. Spreads start from 0.3 pips /JPY, 0.4 pips / and 0.4 pips / We monitor the market throughout the day to ensure you can access the tightest spreads. Prices are quoted to the fifth decimal point allowing you to profit from the smallest price movements. You can choose the leverage level that suits your trading style and risk appetite putting you in a position to take advantage of market movements as you choose. Colmex Pro offers secure systems to execute your trades. Whether you re a beginner or seasoned trader you can choose the size to suit your strategy from a minimum of s. Whatever your trading style you can execute your strategy on any instrument at Colmex Pro. MetaTrader 4 is fully compatible with Expert Advisors and automated trading systems as allowed by the prevailing market conditions and liquidity. Colmex Pro uses an automated transaction monitoring and risk management system to ensure that your balance will not fall below the level of your initial deposit. r e v. M a y 2 4, P a g e 1/8

2 Competitive Pricing and spreads Forex Trading Online for Colmex Pro MT4 users Colmex Pro is proud to offer competitive spreads on all currency pairs. On the major pairs as the /, / and /JPY, spreads start at 0.3pips. Forex Trading Times Forex trading online is available 24 hours a day, 5 days a week allowing traders access during all market trading times, starting at 22:05 Sunday and closing at 21:00 Friday (GMT). Order Sizes Colmex Pro can execute any order size starting from s or the equivalent of 1000 of the base currency with no maximum order size. Order Types Traders can execute a number of orders with Colmex Pro, including: Instant execution Buy limit Sell limit Buy stop Sell stop Take profit Stop loss Good till cancelled Swap/Rollover If a trade is kept open overnight, then there is a swap/rollover fee/income calculated on that position. The cost or income is calculated as the overnight interest rate differential between the two currencies on which the position is held, depending on the type of the position (long/short). It is important to remember that you can gain or lose on swap and, as such, you have either positive rollover or negative rollover. There is a possibility that some instruments may have negative rollover values on both sides, therefore the positive and negative values are decreased accordingly. In the trading terminal swap is automatically converted into the balance currency. Operation is conducted at 23:59 GMT. From Friday to Monday swap is charged once. From Wednesday to Thursday swap is charged at triple rate. r e v. M a y 2 4, P a g e 2/8

3 Trading Details Currency Pair digits Spread ** Swap value in points Min Typical Long Short Max Limit and Stop Levels* Used Margin (1:100 leverage rate) in US Dollar MT4 Size of 1 minimum Steps JPY CHF CAD AUD NZD CHF JPY JPY CHFJPY AUDJPY CADJPY NZDJPY JPY CHF CAD AUDUS D NZD AUDUS D 1000 / CAD 1000 / CAD 1000 / CHF 1000 / CHF AUD NZD CHF AUD CAD NZD AUDCAD AUD AUDCHF r e v. M a y 2 4, P a g e 3/8

4 AUDNZD CADCHF AUD CAD NZD AUD CAD CHF NZD NZDCAD NZDCHF TRY TRY ZAR AUD AUD CAD NZD NZD * Minimum level for placing SL and TP as well as Stop and Limit Orders from a current market price. ** The above spreads are applicable under normal trading conditions. Colmex Pro has the right to amend the above spreads according to market conditions as per the Terms and Conditions'. r e v. M a y 2 4, P a g e 4/8

5 Spot Metals Trading on Gold, Silver and CFD future on Crude oil for Colmex Pro MT4 users Colmex Pro offers CFDs on spot gold and silver as an ideal solution for both long- and short-term speculation or as an investment alternative. Pricing Prices for both gold and silver are currently quoted in. With a required margin of 2%, trades can be leveraged up to 1:50, allowing maximum trading flexibility. Note: your leverage in Spot metals defined as a quarter of your FX leverage. Spreads The typical spread on spot gold is at $0.50 per ounce and $0.05 per ounce on spot silver, which are some of the most competitive in the market. A trader can go both long and short on any of the two metals. Order Sizes The minimum trade size is 1 ounce of gold and 50 ounces of silver. Order Types Traders can execute a number of orders with Colmex Pro, including: Instant execution Buy limit Sell limit Buy stop Sell stop Take profit Stop loss Good till cancelled Swap/Rollover If a trade is kept open overnight, then there is a swap/rollover fee calculated on that position. The cost is calculated as the overnight interest rate differential. In the trading terminal swap is automatically converted into the balance currency. Operation is conducted at 23:59 GMT. From Friday to Monday swap is charged once. From Wednesday to Thursday swap is charged at triple rate. Contract Specifications Symbol Description 1 size Used margin per 1 Spread*** Swap Value** Limit and Long Short Stop Level XAU/ Gold Spot 1 oz 2% XAG/ Silver Spot 1 oz 2% * Swap or Rollover is the interest added or deducted. ** Minimum level for placing SL and TP as well as Stop and Limit Orders from a current market price. *** The above spreads are applicable under normal trading conditions. Colmex Pro has the right to amend the above spreads according to market conditions as per the Terms and Conditions. r e v. M a y 2 4, P a g e 5/8

6 CFD Futures for Colmex Pro MT4 users Key Benefits of Trading CFDs on Futures with Colmex Pro: Clients are able to place long or short. Get exposure to major equity indices with a fraction of the required exchange margin. Availability to trade on crude oil and natural gas futures all within the same trading account. Our clients can gain access to the major indices as well as major commodity and energy futures through CFDs offered by Colmex Pro. Pricing Colmex Pro provides prices on its CFDs that closely track the real prices of the futures contracts traded on the exchanges and prices are quoted in the underlying currency of the future contract. Colmex Pro charges a fraction of the commission charged by the underlying exchange and requires a smaller deposited margin than that of the exchange. Note: your leverage in CFD Futures defined as a quarter of your FX leverage. Trading Times Trading times for all futures CFDs are exactly the same as the trading times of the underlying exchange on which futures contracts are traded. Order Sizes Order sizes depend on the individual underlying futures contract, details of which are provided below and start at 1 s on each futures contract. Order Types Traders can execute a number of orders with Colmex Pro, including: Instant execution Buy limit Sell limit Buy stop Sell stop Take profit Stop loss Good till cancelled Swap/Rollover If a trade is kept open overnight, then there is a swap/rollover fee calculated on that position. The cost is calculated as the overnight interest rate. In the trading terminal swap is automatically converted into the balance currency. Operation is conducted at 23:59 GMT. From Friday to Monday swap is charged once. From Wednesday to Thursday swap is charged at triple rate. r e v. M a y 2 4, P a g e 6/8

7 CFD Futures Contract Details Please note that there is a floating spread for trading in CFDs on futures which is not listed. Ticker Description 1 size Margin Requirement per min trade size US30 SPX500 NAS100 UK100 GER30 ITA40 ESP35 FRA40 HKG33 JPN225 AUS200 SWE30 Index of top 30 on Wall Street S&P 500 index of US listed NASDAQ 100 index of US listed FTSE 100 index of UK listed DAX index of German listed FTSE MIB index of Italian listed IBEX 35 index of Spanish listed CAC 40 index of French listed Hang Seng index of Hong Kong listed Nikkei 225 index of Japanese listed OMX Stockholm 30 Index of Swedish listed Swiss Market Index of Swiss listed * 1US30 leverage in CFD Futures defined as a quarter of your FX leverage Swap value in margin currency * Long Short Limit and Stop Level ** * 10SPX * 1NAS * 1UK * 1GER * 1ITA * 1ESP * 1FRA * 1HKG JPY * 100JPN AUD * 1AUS * 1SWE S&P/ASX index of SUI30 Australian listed CHF * 1SUI USOIL Crude oil US *CL * Swap or Rollover is the interest added or deducted. ** Minimum level for placing SL and TP as well as Stop and Limit Orders from a current market price. Please choose your FX&CFDs plans [please mark the desired selection]: r e v. M a y 2 4, P a g e 7/8

8 Product Type Semi standard standard VIP commission fee in per 1 Spot Forex Spot Gold Spot Silver Index of top 30 on Wall 0.5 Street S&P 500 index of US listed NASDAQ 100 index of US listed FTSE 100 index of UK listed DAX index of German listed FTSE MIB index of Italian listed IBEX 35 index of Spanish listed CAC 40 index of French listed Hang Seng index of Hong Kong 1.5 listed Nikkei 225 index of Japanese listed OMX Stockholm 30 Index of 0.5 Swedish listed Swiss Market Index of Swiss listed S&P/ASX index of Australian listed Crude oil US *** The commission fee might be changed depending on the amount deposited. ****The commission fee per 1 for all the above financial products is calculated per side. r e v. M a y 2 4, P a g e 8/8