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

Calculation Illustration

For example :

Equity is $10.000
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

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
= Running Price - Equity - ( Margin Requirement x Lot x Stop Out Level % )
Contract Size x Lot
= $1.000,00 - $1.000,00 - ($3.000,00 x 1 Lot x 30%)
10 Coins x 1 Lot
= $1.000,00 - $1.000,00 - $900,00
10
= $1.000,00 - $910,00
» If Open Position Buy, you must minus ( - ) from Running Price. But if Open Position Sell, you must Plus ( + ) from Running Price
= $90,00