It is verified that every day forex transactions take place for worth trillions of dollars around the globe, alternative to stocks or assets, there is no central exchange. FX is the biggest economical market in the world where entities and organizations convert one currency to another. When speculating the currencies, the forex market gives reasonable liquidity either for paying overseas purchase of goods by an importer, paying for the purchase of an asset by an investor, a retail trader or deal for purchase of a business by multinational company in other country.

Please bear in mind that triple swaps are charged on Wednesdays (for currency pairs and metals) and on Fridays (for indices and energies) to cover costs incurred over the weekend. All margin and swap rates are reviewed and monitored regularly.

Fixed Margin Conditions

For some instruments margin conditions are static whatever type leverage you are using. Above type of instruments are listed under the Crypto, Indices, Exotic and Energies instruments group in the table.

Margin Conditions

Margin conditions for new positions opened for instruments following the publications of high-level financial news from 15 minutes prior to and up to 5 minutes and will be calculated depend on the maximum leverage of 1:200. The margin for these positions will again be calculated that depend on the chosen leverage and the amount in your account by following this period. The Margin requirement for Maximum leverage of 1:200 will be calculated for the new opened positions from 19:00 GMT+0 on Friday to 23:00 GMT+0 on Sunday.

Stop Level

Setting up the levels for pending orders, the below mentioned conditions will be applied:

  • It is mandatory to set TP and SL at a distance from the current market rate that is minimum the same as of the current spread for only open positions.
  • It is mandatory to set TP and SL in pending orders at minimum the same distance from the order rate as the current spread.
  • Pending orders are mandatory to set at a distance (minimum the same as current spread) as compared to the current market rate along with Stop Loss and Take Profit.

Spread

For many instruments we have segregated the two rates with a hyphen; one is minimum spread and the other is an average spread. When you divide the sum of spreads for a given period by the amount of ticks, an average spread is being calculated. It is verified that our contract details state the average spread as we all know that the spread is floating.

Gap Level

We guarantee for no slippage for virtually all pending orders which are proceeded at least 3 hours after the trade opens, we understand when your pending order lies in a price gap. Your order will be processed at the very first market quotation which follows the interval if your order meets any of the following criteria.

Examples of Processing pending orders

Example 1:

You put a pending Buy Stop at the rate of 1.30560 for EURUSD. Afterwards, a price interval appears. The last Ask rate before the interval was 1.30550, and right after the interval 1.30620 was the very the first Ask rate. To find out at which rate your Buy Stop order will be proceeded at, we need to calculate the difference in points between the rate you specified in your order and first Ask rate after the interval:

(1.30620 - 1.30560) = 0.00060 = 6 points.

In your case you are trading in EURUSD so check the table to find out the interval level value. In this example, the difference between the order price and very first market rate after the interval is less than the interval level value (6 < 8) because your order lies in the interval.

So, the rate you specified in your order: 1.30560, the Buy Stop order will be processed. Which means you made a profit of 6 point than the current market price and your order will be processed.

Example 2:

You put a pending Sell Stop at the rate of 1.40280 for GBPUSD. Afterwards, a price interval appears. The last Bid rate before the interval was 1.40300, and right after the interval 1.40170 was the very the first Bid rate. To find out at which rate your Sell Stop order will be proceeded at, we need to calculate the difference in points between the rate you specified in your order and first Bid rate after the interval:

(1.40170 - 1.40280) = 0.00110 = 11points.

In your case you are trading in GBPUSD so check the table to find out the interval level value. In this example, the difference between the order price and very first market rate after the interval is greater than the interval level value (11>10) because your order lies in the interval.
So, the rate you specified in your order: 1.40170, the Sell Stop order will be processed.