TRADING TERMS AND CONDITIONS (RULES AND REGULATIONS)

Carefully read through all this Trading Terms and Conditions (Rules and Regulations) for individual opening account at United Global Asset Management (UGAM), this Trading Terms and Conditions is a part of Customer Electronic Trading Agreement, once the Customer(s) agree to this Customers Trading Agreement and logging to the trading platform the Customer(s) is bound to the Customer Trading Agreement and also the Trading Terms and Conditions (Rules and Regulations).

SECURITIES GROUP NO SYMBOL PRODUCT DESCRIPTION UNIT CONTRACT SIZE/LOT MARGIN REQUIREMENT FOR TRADING MARGIN HEDGE PER LOT SWAP CHARGE SWAP
3 TIMES		 MARGIN CALL STOP OUT LEVEL TRADING HOURS PENDING ORDER INCL. (SL/TP)
DAILY & OVERNIGHT TRADE FRIDAY & USA PUBLIC HOLIDAY SERVER TIME
( GMT +2 )		 GOOD TILL
MARGIN (USD/LOT) LEVERAGE MARGIN (USD/LOT) LEVERAGE
FOREX MAJOR 1 AUDUSD Australia Dollar vs US Dollar AUD 100.000 500 1 : 200 1.000 1 : 100 150 BY % WEDNESDAY 100% 10% MONDAY TILL FRIDAY

SUMMER 01.00 - 23.00

WINTER 01.00 - 24.00 		FRIDAY & USA PUBLIC HOLIDAY
2 EURUSD Euro vs US Dollar EUR 100.000
3 GBPUSD Great Britain Pound vs US Dollar GBP 100.000
4 USDCHF US Dollar vs Swiss Franc USD 100.000
5 USDJPY US Dollar vs Japan Yen USD 100.000
MAJOR CROSS 1 AUDCHF Australia Dollar vs Swiss Franc AUD 100.000 500 1 : 200 1.000 1 : 100 150 BY % WEDNESDAY 100% 10% MONDAY TILL FRIDAY

SUMMER 01.00 - 23.00

WINTER 01.00 - 24.00 		FRIDAY & USA PUBLIC HOLIDAY
2 AUDJPY Australia Dollar vs Japan Yen AUD 100.000
3 CHFJPY Swiss Franc vs Japan Yen CHF 100.000
4 EURAUD Euro vs Australia Dollar EUR 100.000
5 EURCHF Euro vs Swiss Franc EUR 100.000
6 EURGBP Euro vs Great Britain Pound EUR 100.000
7 EURJPY Euro vs Japan Yen EUR 100.000
8 GBPAUD Great Britain Pound vs Australia Dollar GBP 100.000
9 GBPCHF Great Britain Pound vs Swiss Franc GBP 100.000
10 GBPJPY Great Britain Pound vs Japan Yen GBP 100.000
Note :
- 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 for Direct Currency:

Equity is $10.000
Buy 1 lot EURUSD at $1,20000 and Sell 1 Lot Close at $1,21500
Contract Size 1 Lot is $100.000

How to Calculate Profit / Loss ?

Profit / Loss = ( Selling Price - Buying Price ) x Contract Size x Lot
  = ( $1,215 - $1,20000 ) x $100,000 x 1 Lot
  = $0,01500 x $100,000
  = $1.500,00

How to Calculate Margin Call ?
Margin Requirement 1 Lot is $500
Margin Call Level is Below 100%
Margin Call if Your Equity below $500

How to Calculate Stop Out Level ?
Stop Out Level is 10% from Margin Requirement
Running Price EURUSD is $1,20000
= Running Price - Equity - ( Margin Requirement x Lot x Stop Out Level % )
Contract Size x Lot
= $1,20000 - $10.000 - ($500,00 x 0.1 Lot x 10%)
100.000 x 1 Lot
= $1,20000 - $10.000,00 - $50,00
$100.000
= $1,20000 - $0,09950
» If Open Position Buy, you must minus ( - ) from Running Price. But if Open Position Sell, you must Plus ( + ) from Running Price
= $1,10050

How to Calculate Swap ?
Ex : Swap for Buy EURUSD is 1%
Running Price EURUSD is $1,20000
Swap = Running Price x Swap % x Contract Size x Lot x Day
360
Swap = $1,20000 x 1% $100.000 x 1 Lot x 1 Day
360
Swap = $0,01200 x $100.000
360
Swap = $0,00003 x $100.000
Swap = $3,33 per 1 Lot per 1 Day

Example for Indirect Currency :

Equity is $10.000
Buy 1 lot USDJPY at JPY 110,000 and Sell 1 Lot Close at JPY 115,000
Contract Size 1 Lot is $100.000

How to Calculate Profit / Loss ?

Profit / Loss = Selling Price - Buying Price x Contract Size x Lot
Close Price
Profit / Loss = ¥ 115,000 - ¥ 110,000 $100.000 x 1 Lot
¥ 115,000
Profit / Loss = ¥ 5,000 $100.000
¥ 115,000
Profit / Loss = 0,043 X $100.000
Profit / Loss = $4,347.83

How to Calculate Margin Call ?
Margin Requirement 1 Lot is $500
Margin Call Level is Below 100%
Margin Call if Your Equity below $500

How to Calculate Stop Out Level ?
Stop Out Level is 10% from Margin Requirement
Running Price USDJPY is JPY 110,000
= Running Price - Running Price x Equity - ( Margin Requirement x Lot x Stop Out Level % )
Contract Size x Lot
= ¥ 110,00 - ¥ 110,00 x $100.000,00 x ($500,00 x 1 Lot x 10%)
$100,000 x 1 Lot
= ¥ 110,00 - ¥ 110,00 x $100.000,00 x $50,00
$100,000
= ¥ 110,00 - ¥ 110,00 x $9.950,00
$100,000
= ¥ 110,00 - ( ¥ 110,00 x $0.0955 )
= ¥ 110,00 - ¥ 10,945 If Open Position Buy, you must minus ( - ) from Running Price. But if Open Position Sell, you must Plus ( + ) from Running Price
= ¥ 99,055

How to Calculate Swap ?
Ex : Swap for Buy USDJPY is 1%
Swap = Swap % x Contract Size x Lot x Day
360
Swap = 1% x $100.000 x 1 Lot x 1 Day
360
Swap = $1.000
360
Swap = $2,78 per 1 Lot per 1 Day