Suppose you buy 1 lot of "EUR/USD" position.
This means that you have already bought 100,000 Euros. If the value of the euro rises against the dollar and then sells it, you will make a profit. In this case, the trader is equivalent to selling the dollar while buying the euro. If the EUR/USD is bought at 1.13600, it will be sold out when it rises to 1.13675, in which case the profit of the trade is 75 pips or 750 USD.
If you are an individual account, you need to submit the following additional documents: (1) passport or personal valid resident id card (2) bank card positive and negative
If you open a company account, please contact us for further information.
Can I apply to extend the life of my demo account?
No
The only difference between a demo account and an real account is that there is no risk involved in trading with a demo account.
The demo account is a virtual online forex trading account. The so-called "simulation" means that the funds in the account are virtual. In addition, the currency quotes, chart reviews, etc. In the demo account are instantly synchronized with the real currency market. Based on the effectiveness of the demo account, you can further determine whether to invest in the currency market.
The demo account is completely free and does not require any funds. It is valid for 90 days.
If you buy the currency, you open a “long position.” If you sell the currency, you are opening a “short position”. For example, if you buy 1 lot of USD/USD, this means you have opened a long position of 100,000 EUR/USD. If you short 10 dollars / yen, it means that you open a short position of 1 million us dollars against the yen.
The leverage ratio allows foreign exchange traders to invest in a market that exceeds their actual investment. Leveraged foreign exchange trading (foreign exchange) has a high risk and may not be suitable for all investors. High leverage can make you profitable and it can damage you.
Leverage ratio is a double-edged sword. Traders can use the characteristics of capital enlargement to generate huge profits, but they may also cause large losses to investors.
For example, at 1:100x leverage, to buy 1 lot of USD/JPY (purchase $100,000), you need a $1,000 effective deposit as a margin to open this position.
1. From Monday to Friday, trading 24 hours a day, easy to access.
2. Two-way trading, flexible operation, you can freely choose to buy or sell out according to the market situation. You can buy it first, then sell it, or you can buy it first.
3. Low transaction costs
4. Unparalleled liquidity (global daily trading volume is close to four trillion)
5. Flexible leverage ratio
Forex is a common abbreviation for "foreign exchange", which is usually used to describe the trading of investors and speculators in the foreign exchange market.
If you fill out all the details, including uploading your identification file correctly, our compliance department will verify your information and documents. After verification, we will send you METATRADER 5 login information to your email address. It only takes less than 10 minutes.
When the margin call occurs, your net fund has reached 100% of the used margin. The used margin is not deducted from your balance or equity, it will only be displayed in the terminal window, mainly to show the calculation of the margin level: margin level = (net fund / used margin) * 100%. Margin call is simply a notification (by email to the METATRADER 5 terminal window) and your account is nearing a dangerous level.
Margin is the amount of money required to open a position and maintain a position in a trading account. This is not a fee or transaction cost, it is only a portion of the funds in your account reserved as a margin deposit. When engaged in foreign exchange trading, the required margin for a position = the number of trading lots * the value of 1 lot / leverage. The result is calculated using the first currency in the trading pair, then converted to the base currency of your trading account, and the value is displayed in your METATRADER 5.
For example, if the base currency of your trading account is us dollars, your leverage ratio is 1:100. When you trade 1 lot of EUR/USD, the margin will be calculated as follows:
Margin = 1 * 100 000 / 100 = 1,000 euro
The Euro is the main currency in the "EUR/USD", and since your account is in US dollars, the METATRADER 5 system automatically converts 1,000 Euros into us dollars at the actual exchange rate.
The margin requirements for gold and silver are calculated like this:
Trading lots * value of 1 lot * market price / leverage / 2
The margin requirement for a CFD is calculated as follows:
CFD index margin requirements: lots * value of 1 lot * market price / leverage / 2
CFD fuel margin requirements: lots * value of 1 lot * market price / leverage / 5
The formula for calculating the margin level is: net fund / margin * 100%.
Free margin is your net fund minus the margin. This is the funds you can use to open a new position or hold an existing position.
Calculated as follows:
(Closing price - opening price) * trading lot * 1 hand value
The formula is: the number of trades * value of 1 lot * the number of points
1 lot of EUR/USD per point value = 1 lot * (100,000 Euros) * 0.0001 = 10 USD
1 lot of Australian dollar / Canadian dollar per point value = 1 lot * (100,000 Australian dollars) * 0.0001 = 1 Canadian dollar
Value per point of 0.02 lots of EUR/JPY = 0.02 lots* (100,000 Euros) * 0.01 = 20 yen
A spread is a kind of interest paid or earned by a market. Each currency has an interest rate associated with it, because in a currency pair transaction, each transaction involves a different currency, but their interest rates are different.
For example, when you buy a EUR/USD currency pair, you buy the euro and sell the dollar as a payment.
If the euro's interest rate is 3%, the dollar interest rate is 2.50%, and the currency you buy has a higher interest rate, you will get a spread of about 0.50% per annum.