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QHow is the profit and loss calculated?
AFloating Profit and Loss = (Selling Price - Buying Price) * Contract Unit * Lots.
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QWhat is overnight interest?
ACost interest will be charged when you close your position. If you close your position before the settlement time, you will not be charged overnight interest. When buying and selling different products, the overnight interest rate is different, some products will pay overnight interest, and some products will receive overnight interest. Please check the product contract details for details
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QWhat is a lockout?
AThe so-called lockout usually means that the trader makes an equal number of open positions in the same product, but in the opposite direction, regardless of where the price moves (or rises or A method of operation that does not result in a significant increase or decrease in the profit and loss of the position.
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QWhat is the Occupation Margin?
AOccupy Margin is the margin required for current positions.
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QWhat is the net value?
ANet value refers to the funds of the account that the customer is currently closing. Net worth = balance + floating profit and loss.
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QWhat is a forced liquidation?
AForced liquidation means that when the account loses a certain amount of money, the system will automatically close the position. Our mandatory liquidation point is to be flat when the net value is less than 50% of the margin, and 200% on weekends and holidays. For details, please see Product Margin & Strong Rules
For example, if there is $1,000 in a customer account and 1 dollar in Japanese yen, which costs $200, then the margin available for the account is $800. When you buy the wrong direction, you will lose money from the available security of 800 US dollars. After the loss of 800 US dollars, in the initial security of 200 US dollars, then the loss will be only 20%, that is, 40 US dollars or less, will be Forced to close the position.
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QHow is the deposit charged?
AThe margin for different products is different, such as USDJPY, and you can trade 0.1 lots for a minimum of $100.
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QHow long does it take to trade?
AYou can trade 24 hours a day on our platform, and the trading hours of different trading products will be different.
