-
Q
How is the profit and loss calculated?
A
Floating Profit and Loss = (Selling Price - Buying Price) * Contract Unit * Lots.
-
Q
What is overnight interest?
A
Cost 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
-
Q
What is a lockout?
A
The 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.
-
Q
What is the Occupation Margin?
A
Occupy Margin is the margin required for
current
positions.
-
Q
What is the net value?
A
Net value refers to the funds of the account
that the
customer is currently closing. Net worth = balance + floating profit and loss.
-
Q
What is a forced liquidation?
A
Forced 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.
-
Q
How is the deposit charged?
A
The margin for different products is different, such as USDJPY, and you can trade 0.1 lots for a minimum of $100.
-
Q
How long does it take to trade?
A
You can trade 24 hours a day on our platform,
and the
trading hours of different trading products will be different.
