TRADING CONDITIONS
Margin & Leverage
​
FXQM offers best leverage to give traders the best chance of successfully trading some of the most volatility markets in the world.
Margin
​
The margin represents the number of funds required to secure positions. When you place a trade, the margin is locked in until the trade is closed. The margin figure displayed in your account details represents the total used margin for all open trades.
Leverage
​
Leverage multiples traders’ buying power, allowing traders to control a larger investment than their capital, potentially increasing their returns while only investing a percentage of the overall value of the asset. FXQM offers leverage depends on account type, higher the leverage, higher the level of risk.
Leverage & Gearing
​
Transactions in Foreign Exchange and derivative Financial Instruments carry a high degree of risk. The amount of initial margin may be small relative to the value of the foreign exchange or derivatives contract so that the transactions are “Leveraged or geared”. Maximum leverage will changing automatically depending on equity and account type.
ECN ACCOUNT
Equity (USD) | Leverage |
|---|---|
Below of 9,999.99 | 1:500 |
10,000.00 to 29,999.99 | 1:200 |
30,000.00 and above | 1:100 |
Equity (USD) | Leverage |
|---|---|
Below of 4,999.99 | 1:1000 |
5,000.00 to 9,999.99 | 1:500 |
10,000.00 to 29,999.99 | 1:200 |
30,000.00 and Above | 1:100 |
STANDARD ACCOUNT
COPYTRADE ACCOUNT
Equity (USD) | Leverage |
|---|---|
Below of 9,999.99 | 1:500 |
10,000.00 to 29,999.99 | 1:200 |
30,000.00 and above | 1:100 |
Equity (USD) | Leverage |
|---|---|
Below of 1,999.99 | 1:3000 |
2,000.00 to 4,999.99 | 1:2000 |
5,000.00 to 9,999.99 | 1:1000 |
10,000.00 to 29,999.99 | 1:500 |
30,000.00 to 99,999.99 | 1:200 |
100,000.00 and Above | 1:100 |
PRIME ACCOUNT
STANDARD (DEPOSIT BONUS)
Equity (USD) | Leverage |
|---|---|
Below of 9,999.99 | 1:500 |
10,000.00 till 29,999.99 | 1:200 |
30,000.00 and Above | 1:100 |
Margin Call Level @ 50%
​
A margin call is calculated by equity / used margin x 100. It is advised that you should either close off positions to free up margin or add additional funds to increase available margin.
Margin Call Alerts
​
When the margin level drops to 50% or lower, that means the entire equity of your trading account is used as collateral, and you can no longer open any other positions. This results in a negative free margin.
Stop Out Level @ 30% / 50%
​
This means that equity divided by used margin equals 1. In other words, equity has dropped so low that it equals the used margin. 30% for ECN and STANDARD Account, 50% for COPYTRADE Account. Example, if stop out level of 30% means that once your equity falls to a value equal to three-tenths of your used margin, stop out(s) will begin to occur.
TRADING HOURS
Daily Trading Break
​
Daily trading breaks depending on the type of instruments which clients are able to see the prices streaming during this break.
Normal Trading Hours
​
One major benefit of Forex, Indices, and Commodities trading is they all trade nearly 24 Hours a day, 5 days a week.
Market Opens
​
The GMT offset is either +1 or +2 depending on whether Daylight Savings time is in effect or not. The spreads can be wider as the liquidity providers reset when switch online (Monday session start) and switch offline (Friday session end) which result a low liquidity.
5 and 7 Daily candles
​
The GMT offset is either +1 or +2 depending on whether Daylight Savings time is in effect or not. Currently, FXQM has a 5+1 daily candle week for all clients. The 5 daily candle is per usual weekly candle from Monday to Friday, while 1 extra candle was for the Sunday bar opening time during the wintertime GMT+1. However, the cryptocurrencies may have 7 daily candles
SPREADS START FROM 0.0 PIPS
Spreads
​
FXQM’s main purpose is to provide traders with extra-low spread access to global markets through market-leading pricing and execution, reducing your trading costs. Depending on the type of accounts, our ECN Account provides a low spread starts from 0.0 pips, while the Standard Account and Copytrade Account starts from 1.0 pips.
Zero commission
​
No commission is attached for Standard Account, which gives an extra advantage to traders making a great investment through FXQM trading environment.
Live Spread
​
Kindly download and install our MT4 platform in order to see the live spread for ECN Account, Standard Account and Copytrade Account as the spread differs according to account types.