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1What is the size of tradeable items for each item?
The company commodities are traded with LLG, LLS, CFDs, crude oil, index. the minimum lot size of a single transaction for all products on the MT4 trading platform is 0.01 lots.
The largest lot size of the LLG single trade is 20 lots; the largest lot size of the LLS single trade is 10 lots; the largest lot size of the CFDs single trade is 30 lots;
the largest lot size of the crude oil single trade is 10 lots; the largest lot size of the Index single trade is 30 lots.
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2Is the investment risk high?
Apart from considering the characteristics of the product itself when you invest, you also need to decide according to your investment strategy. If the funds invested are large, the ability to resist risks is relatively strong.
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3When is the time for deposit and withdrawal?
The withdrawal time is from Monday to Friday from 9 am to 4 pm. After the company receives the application, our staff will process it within the day.
During the withdrawal time, the approval will arrive on the same day.
The deposit time is from Monday morning to Saturday morning, 24 hours deposit. After we collect the information, it usually arrives in 15-30 minutes.
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4How to calculate the deposit fee?
To encourage customers to trade, the company will replace the customer to prepay the fee for the deposit after the customers deposited online.
If there is no transaction and customer deposit made, the company will deduct the 3% fee for the withdrawal.
However, as long as there is a transaction, the deposit fee will be waived.
If you insist on withdrawing the money, you must write in the remarks column "Agree to deduct the handling fee XX CNY."
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5What is the Leverage Ratio?
The Leverage Ratio represents the ratio between the margin and the actual market value. Leverage ratio = actual value ÷ margin. Assume the market price of Local London Gold is at US$ 1,850/ounce, then the actual market value of 1 lot Local London Gold (100 ounces) should be: US$ 1,850/ounce x 100 ounce = US$ 185,000; while the margin for 1 lot Local London Gold is US$ 1,000, therefore the leverage ratio should be US$ 185,000/US$ 1,000 = 185 times. It represents that the actual market value of the transaction is 185 times the amount of margin.
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6Is the Quotation spread fixed?
Because the quotation is entirely from the market, when the bid-ask spread of the market becomes larger, the natural spread will be amplified.
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7What is the size of tradeable items for each item?
The company commodities are traded with LLG, LLS, CFDs, crude oil, index. the minimum lot size of a single transaction for all products on the MT4 trading platform is 0.01 lots.
The largest lot size of the LLG single trade is 20 lots; the largest lot size of the LLS single trade is 10 lots; the largest lot size of the CFDs single trade is 30 lots;
the largest lot size of the crude oil single trade is 10 lots; the largest lot size of the Index single trade is 30 lots.
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8Is the investment risk high?
Apart from considering the characteristics of the product itself when you invest, you also need to decide according to your investment strategy. If the funds invested are large, the ability to resist risks is relatively strong.
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9How to calculate profit and loss?
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10What is the overnight interest?
Refer to those open positions to be held overnight, which will then generate an interest gain or charge. Both overnight buying and selling positions are required to account the interest gain or interest charge in accordance with the corresponding market closing price, interest rate and the number of overnights totally held before liquidation. Overnight interest belongs to the costs or income of the customer, taking the spot gold as an example:
Spot Gold: Buying Rate: 2% (Payment of Interest) Selling Rate: 1% (Payment of Interest). The calculation method:rate × open price × contract size x lots / 360 × stay single days.
For example, if you buy 1 spot gold position and held it overnight, the opening price is 1,200, and the interest rate is 2%, then the interest is 2%*1200*100*1/360*1=6.66 USD.
Please note that if you hold the position overnight, the company will charge(or paid) interests of three days when the market closes on Friday.