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) | |||
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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 |
- 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 $10.000Buy 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 ? |
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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 ? |
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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 ? |
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Stop Out Level is 10% from Margin Requirement Running Price EURUSD is $1,20000 | ||||||||||||||
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How to Calculate Swap ? |
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Ex : Swap for Buy EURUSD is 1% | ||||||||||||||||||||
Running Price EURUSD is $1,20000 | ||||||||||||||||||||
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Example for Indirect Currency :
Equity is $10.000Buy 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 ? |
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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 ? |
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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 ? |
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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 ? |
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Ex : Swap for Buy USDJPY is 1% | |||||||||||||
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