SuperMini Differences
The FOREXYARD SuperMini trading account uses the same state-of-the-art trading platform as the regular trading account. There is no additional software to download.
Account Size
The minimum amount that is required to open a FOREXYARD SuperMini trading account is $100. Of course, due to the high leverage and the extremely volatile nature of the Forex market, the recommended minimum investment size is $2,000.
Trade Size
On the FOREXYARD SuperMini trading platform all trades are executed in standard sizes of 1000 base currency per one lot. There is no maximum trading volume on the FOREXYARD SuperMini trading platform.
Pip/Tick Value
Profit and loss is easy to calculate when trading on the FOREXYARD SuperMini platform. In the EUR/USD and many other currency pairs, a one pip (or tick) movement in the exchange rate is equal to 10 Cent-dollar gain or loss in the account value per lot (and approximately $0.1 in the 17 other currency pairs).
Margin Requirement
Up to 200:1 Leverage
Clients must have approximately 1/2% of the value of the positions they hold in their account for each lot of currency being traded (approximately 200:1 leverage). This equates to $5 per lot (1000 units). This amount does not change after 5:00 PM New York time, which is the rollover cut off, but stays constant at approximately 1/2% per lot the entire day and overnight.
Guaranteed Limited Risk
There is also an important safety feature embedded in this system that prevents clients from losing more money than they have in the account. Should the account equity -- meaning the total floating value of the account -- fall below the margin requirement of approximately 20% of the used margin, the dealing desk will close all positions.
Spreads
Spreads on the major currencies are 3-4 pips. All spreads are fixed intra-day and night and do not widen unless, there is a sharp move or low liquidity in the market.
English
Dansk
Deutsch
Español
Suomi
Français
Italiano
Русский
Svenska
عربي
中国
Forex Ticareti