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Trading Terms

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Margin

In Forex, margin is the minimum required balance to place and hold a trade. When you open a Forex trading account, the money you deposit acts as collateral for your trades. This deposit is called margin.

Initial margin requirement to hold open positions is 2% or 50:1 of USD exposures on the larger side.

Initial Margin Requirement on EUR/PLN and USD/PLN equals to 4% of USD exposures on the larger side.

Commission

Hotspot FX charges $5 USD commission per 100,000 USD transacted.

Deposit Level

An initial account opening deposit is $7,500 USD or an equivalent in the acceptable deposit currencies of GBP, EUR, JPY, CHF and AUD.

Interest on Account

Customers will be credited interest on unencumbered funds equal to the rate that Hotspot FX receives from its bank less 1%.

Hotspot FX will charge customers interest on any debit balances at a rate of 3% over and above what Hotspot?s FX bank charges for debit balances.

The minimum deal size is 100,000 units of the base currency.

To view full summary of Hotspot FX Commercial Terms please click here.
 
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Foreign Exchange is a leveraged product and carries a high degree of risk to your capital and can result in losses that exceed your initial deposit. Forex may not be suitable for all investors, so please ensure that youfully understand the risks involved. Only speculate with money you can afford to lose. FTS Capital Group Ltd. is an referral/introducing agent for Hotspot FXi Europe Limited that receives a volume based referral fee for its services. Hotspot FXi Europe Limited is authorised and regulated by the Financial Services Authority. FSA number 230605.