TRADING TERMS AND CONDITIONS (RULES AND REGULATIONS)
Please carefully review the below Trading Terms and Conditions (Rules and Regulations) for individual accounts at United Global Asset Management (UGAM). These Trading Terms and Conditions constitute an Annexe to the Customer Electronic Trading Agreement, and all Customer(s) are assumed by default to agree and be bound to the Customer Electronic Trading Agreement upon logging on to the United Global Asset trading platform.
NO | SYMBOL | PRODUCT DESCRIPTION | UNIT | CONTRACT SIZE/LOT | MARGIN REQUIREMENT FOR TRADING | MARGIN HEDGE PER LOT | SWAP CHARGE | SWAP | MARGIN CALL | STOP OUT LEVEL | TRADING HOURS | PENDING ORDER INCL. (SL/TP) | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
MARGIN IN % |
LEVERAGE | SERVER TIME ( GMT +2 ) |
GOOD TILL | ||||||||||
1 | BTCUSD.1 | BitCoin vs US Dollar | Coin | 1 | 20% | 1 : 5 | 0 | MONEY | DAILY | 100% | 30% |
EVERYDAY MONDAY TILL SUNDAY 00.00 - 24.00 |
CANCEL |
2 | BCHUSD.20 | BitCoin Cash vs US Dollar | Coin | 20 | |||||||||
3 | DSHUSD.20 | Dash vs US Dollar | Coin | 20 | |||||||||
4 | ETHUSD.20 | Ethereum vs US Dollar | Coin | 20 | |||||||||
5 | ZECUSD.20 | ZCash vs US Dollar | Coin | 20 | |||||||||
6 | XMRUSD.20 | Monero vs US Dollar | Coin | 20 | |||||||||
7 | LTCUSD.20 | LiteCoin vs US Dollar | Coin | 20 | |||||||||
8 | BCHUSD.10 | BitCoin Cash vs US Dollar | Coin | 10 | 30% | 1 : 3 | 0 | MONEY | DAILY | 100% | 30% |
EVERYDAY MONDAY TILL SUNDAY 00.00 - 24.00 |
CANCEL |
9 | DSHUSD.10 | Dash vs US Dollar | Coin | 10 | |||||||||
10 | ETHUSD.10 | Ethereum vs US Dollar | Coin | 10 | |||||||||
11 | ZECUSD.10 | ZCash vs US Dollar | Coin | 10 | |||||||||
12 | XMRUSD.10 | Monero vs US Dollar | Coin | 10 | |||||||||
13 | LTCUSD.10 | LiteCoin vs US Dollar | Coin | 10 |
Note :
- There is a Server Time trading Break on Sunday starting 0300 till 0330hrs (GMT +2)
- Stop New Order such as Sell Stop or Buy Stop will not be allowed by the system during these hours
- When there is any market holiday or any changes to market hours, customers will be notified through the trading platform mailbox
Buy 1 lot ETHUSD.10 at $1.000,00 and Sell 1 Lot Close at $1.200,00
Contract Size 1 Lot is 10 Coin
- There is a Server Time trading Break on Sunday starting 0300 till 0330hrs (GMT +2)
- Stop New Order such as Sell Stop or Buy Stop will not be allowed by the system during these hours
- When there is any market holiday or any changes to market hours, customers will be notified through the trading platform mailbox
Calculation Illustration
For example :
Equity is $10.000Buy 1 lot ETHUSD.10 at $1.000,00 and Sell 1 Lot Close at $1.200,00
Contract Size 1 Lot is 10 Coin
How to Calculate Profit / Loss ? |
||
Profit / Loss | = | Selling Price - Buying Price ) x Contract Size x Lot |
= | ( $1.200,00 - $1.000,00 ) x 10 Coin x 1 Lot | |
= | $200,00 x 10 | |
= | $2.000,00 |
How to Calculate Margin Call (30%) ? |
||
Margin Requirement | = | ( Open Price x Contract Size x Lot ) x Margin Requirement % |
= | ( $1.000,00 x 10 Coin x 1 Lot) x 30% | |
= | $10.000,00 x 30% | |
= | $3.000,00 |
Margin Call Level is Below 100% Margin Call if Your Equity below $3.000,00 |
How to Calculate Swap ? |
||
Ex : Swap for Buy ETHUSD.10 is $5,00 | ||
Swap | = | Swap USD x Lot x Day |
= | $5.00 x 1 Lot x 1 Day | |
= | $5,00 For 1 Lot For 1 Day |
How to Calculate Stop Out Level ? |
||||||||||||||
Stop Out Level is 30% from Margin Requirement Running Price ETHUSD.10 is $50,00 | ||||||||||||||
|