What are your Margin Call and Stop Out Levels?
| Margin Call | Stop Out | |
|---|---|---|
| Advantage | 80% | 50% |
| Advantage Plus | 80% | 50% |
When are swaps calculated?
In forex, securities are delivered on the second day after the deal. Fees on specific orders and instruments mentioned below are charged three times their normal rates due to the inclusion of weekend fees on orders held:
- From Wednesday to Thursday.
- On USDCAD, USDRUB, EURRUB, USDTRY, and EURTRY from Thursday to Friday
- Spot Commodities and Spot Indices from Friday to Monday
What is a swap-free fee?
This is a fee charged for keeping positions open on each instrument over a certain period of time.
You can find full details for each instrument on our Contract Specifications page, under Swap Free Fee and Swap Free days allowance sections.
Do you offer swap-free (Islamic) accounts?
There is a swap-free option on all our accounts, except MT5 and does not apply on exotic currencies.
You can select the swap-free option when you open your trading account or enable it with the steps below:
- Go to the ‘Accounts Overview’ section within MyFXTM.
- Select the green arrow next to ‘Deposit’ on the trading account you wish to change make swap-free.
- Choose the ‘Enable swap-free mode’ option.
The swap-free option is available for clients in selected countries. If the option isn’t available on your account please contact us.
What is the maximum volume I can trade?
| Maximum Volume per Trade | Maximum Number of Orders | Maximum Volume of Orders | |
|---|---|---|---|
| Shares | 10 | 100 | 20 |
| Advantage | 100 | Unlimited | Unlimited |
| Advantage Plus | 100 | Unlimited | Unlimited |
What types of lots do you offer?
Standard, Mini and Micro.
You can find full information on our Contract Specifications page.
How can I change my leverage?
- Go to the ‘Accounts Overview’ section in MyFXTM.
- Select the green arrow next to ‘Deposit’ on the trading account you wish to change the leverage for.
- Select your new leverage and verify the changes.
- Click ‘OK’.
Will my leverage change?
Your leverage may change based on one or more of the following reasons:
- Floating leverage.
- If forex positions are open/closed/modified on Standard accounts one hour before the end of Friday’s trading session.
- At the company’s discretion.
You can find more details on ourLeverage and Margin Requirements page.
What is the leverage on precious metals (Gold & Silver)?
1:500.
The maximum possible leverage for residents of Kenya is 1:400, regardless of instrument or account type.