Trading

  • This means that Margin Call takes place. Margin Call is a notification which shows that the little amount of funds is left on the trading account and in case of unfavorable market movement, stop out may take place. This notification is sent at the moment of time when the remains of funds on the trading account is a certain percent from the margin (for example, 40%). So in order to avoid stop out you need to deposit or close the positions with floating loss.
  • In case you don't want to close your position in the end of the day it is transferred through the night and the fee, which is called swap is added to or deducted from it. To learn more about swap, please visit this page. The current swaps can be found in the trading platform MetaTrader 4.
    • For the currency pairs, where USD stands second (EURUSD), the price of one point is calculated the following way:

      1 point = order volume × min change of the exchange rate(0.0001).

    • For the currency pairs, where USD stands first (USDCHF), the price of one point is calculated the following way:

      1 point = order volume × min change of the exchange rate(0.0001) / current quotation of the currency pair.

    • For the cross currency pairs (GBPCAD), the price of one point is calculated the following way:

      1 point = order volume × min change of the exchange rate(0.0001) × quotation of the base currency against USD / quotation at the moment of the position opening.

  • Trading using expert advisors is allowed, within trading conditions of the trading account type, used to conduct trade.
  • Your position is to be closed forcibly at the current market price in case the margin level on the account reaches the stop out level of your account type (stop out level for all the account types can be found on the Trading terms).
  • While trading on the Forex market with JustForex, you can conduct trading operations via trading platform MetaTrader 4. With the help of this platform you have an opportunity to place market and pending orders to buy / sell. To learn more about how to conduct trading operations, please read the article Trading process.
  • Spread is floating on Standard, Cent, Mini and ECN Zero accounts. To find out typical spreads, please, visit Contract Specification.
  • This message appears in the trading platform in case you don't have enough spare funds to open new position. In order to continue trading, the trading account needs to be deposited.
  • JustForex does not set a limit in the amount of deals, executed a month. Execute as many deals as you need according to your trading strategy.
  • Buy order or as it is also called long position – the order to buy financial instrument.

    Sell order or short position – the order to sell financial instrument.

  • To view the complete list of the currency pairs available for trading, please, visit this page.
  • The minimum order volume on all the JustForex accounts is 0.01 lot (1 000 units of base currency).
  • Free margin means funds on the trading account, which may be used to open new position.
  • Spread is the difference between the ask price and the bid price of the financial instrument at the certain moment.
  • Leverage is a tool which lets trade bigger sums, having only part of the sum at the disposal. For example, with 1:100 leverage you can conduct trade of the USD 100 000 volume, having only USD 1 000 of own funds.
  • Buy orders open at Ask price, close at Bid. Sell orders open at Bid price, close at Ask price.
    • For the currency pairs, where USD is the base currency (e.g. USDCHF), the margin is calculated the following way:

      Margin = Contract size/Leverage,

      where Contract size = 100 000 USD × order size
    • For the currency pairs, where USD is not the base currency (e.g. EURUSD), the margin is calculated the following way:

      Margin = Current quotation × Contract size / Leverage,

      where Contract size = 100 000 units base currency × order size
    • For the cross currency pairs (e.g. GBPJPY), the margin is calculated the following way:

      Margin = Current rate of base currency to USD × Contract size / Leverage,

      where Contract size = 100 000 units base currency × order size
    • For the spot metals (e.g. XAUUSD), the margin is calculated the following way:

      Margin = Current quotation × Contract size / Leverage,

      where Contract size = Lot size (in troy oz) × order size