Product Introduction
Product Advantages
Forex trading, also known as “FOREX” or “FX”, is a form of foreign exchange that converts a foreign currency into another foreign currency, that is, buying one currency of one currency combination and selling another.
The foreign exchange market is the world's largest trading market with an average daily trading volume of 4 trillion US dollars. The market circulation is extremely high; important information affecting the trend of the currency pair, economic data and central bank policies are all controlled by the National Central Bank and the National Bureau of Statistics. Authorized by the authorities, the transaction is fair and transparent.
The market is volatile and there are many profit opportunities.
24-hour two-way trading, both gains and losses
Leveraged transactions to increase capital utilization
The global market is objective and fair, without the manipulation of the dealer
Market Trend
Forex Contract Specifications
| variety | Transaction code | Average Spreads |
Using spreads |
overnight interest | Contract value /Standard Hands | Transaction time (Beijing time: GMT+8) |
Margin | |
|---|---|---|---|---|---|---|---|---|
| Buy | Sell | |||||||
| AUD/USD |
AUD/USD |
28 | Floating spread |
Actual interest
is
3 days interest on Wednesday |
100,000AUD |
summer time: Daily system settlement time: |
Maintain margin 0.5% |
|
| EUR/USD | EUR/USD | 20 | 100,000EUR | |||||
| GBP/USD | GBP/USD | 28 | 100,000GBP | |||||
| NZD/USD | NZD/USD | 28 | 100,000NZD | |||||
| USD/CAD | USD/CAD | 28 | 100,000USD | |||||
| USD/CHF | USD/CHF | 28 | 100,000USD | |||||
| USD/JPY | USD/JPY | 20 | 100,000USD | |||||
| AUD/JPY | AUD/JPY | 28 | 100,000AUD | |||||
| EUR/JPY | EUR/JPY | 30 | 100,000EUR | |||||
| GBP/JPY | GBP/JPY | 40 | 100,000GBP | |||||
| NZD/JPY | NZD/JPY | 28 | 100,000NZD | |||||
| EUR/GBP | EUR/GBP | 25 | 100,000EUR | |||||
JoJo Note:
1. This contract will be officially executed on September 11, 2017;
2. The minimum transaction volume of all products is 0.05 lots;
3. spreads and warehouses will change with the market, the company will not be notified;
4. After all products are closed on weekends and holidays, all pending orders (including stop loss and take profit) will be cancelled;
5. When the margin is less than 30%, the company will perform the forced liquidation.
The company reserves the right to adjust the margin ratio according to the market fluctuations;
Locking Margin Calculation Method: Locking Margin = (Selling Margin + Buying Margin) x10%;
Unlock: You need to make up the original one-way deposit.
