Why is there a three-day overnight interest charge on Wednesday?

In accordance with international banking practice, CFD transactions are delivered two trading days later. Overnight interest is calculated on the delivery date. The currency or commodity involved in the transaction will also calculate the overnight interest of the holiday in case of an important holiday in the country. From Wednesday to Thursday, the delivery date is from Friday to next Monday, so the overnight positions of all products on Wednesday need to calculate 3-day interest.

What is your margin leverage ratio?

We provide leverage ranging from 1:1 at the minimum to 1:500 at the maximum. You can choose and set it according to your own risk tolerance. It should be noted that the market risk is large, and excessive margin leverage will enlarge your risk. Please choose carefully.

What is CFD? What does CFD contract for difference mean?

CFD is the acronym of English CFD. This contract refers to an agreement that allows you to use the value of a financial instrument for speculation. You don't need to buy it publicly but you can own it. In a contract for difference, if the value of the financial instrument is higher than the price when the contract is closed, the seller must pay the difference to the buyer; otherwise, the buyer must pay the difference to the seller.

Under what circumstances will my position close automatically?

If you set stop loss or stop gain order, when the market price fluctuation touches the stop loss or stop gain price you set, the system will automatically close the position according to the order order order. In addition, when the margin ratio of your account is lower than the warning line of 150%, the system will start to close the current open position from the position with the most losses. When the margin ratio is equal to or lower than 100%, the system will force to close all open positions

What is market execution?

Through market execution, your order is closed at the current price in the market.

What is immediate order execution?

The immediate execution order is executed on the price displayed by the platform, which proves that the price is still valid. If the price is invalid due to the great fluctuation of the market, you will receive a second quotation. Please note that immediate execution is only available on the MetaTrader 5 platform

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