Following rules define the operation conditions in FOREX and CFD
markets, which Company provides to physical and juridical persons via
Internet or a telephone line. These rules and conditions make clear how
to open, close trading positions and place, remove or change orders,
and how these orders are executed by the Company on valid trading
tools. This section includes the basic moments (most important) of
trading character mentioned in the Agreement, and also some other not
less important information. At the same time we strongly recommend you
read the full version of the Agreement. 1. The deal (opening or
closing a position) is executed at the "BID" / "ASK" prices offered to
the Client. The Client chooses desirable operation and makes a request
for the deal confirmation by the Company. The deal is executed at the
prices the Client can see on the screen. During the confirmation the
price may be changed, and the Company has right to offer the Client a
new price. Thus the Client has right to refuse a suggested price. 2.
Orders: Stop Loss, Take Profit, Buy Limit, Buy Stop, Sell Limit, Sell
Stop on currency pairs and CFD contracts are executed at the declared
by the Client prices on the first market price touch. The Company
reserves the right not to execute the order, or to change the opening
(closing) price of the deal in case of technical failure of the trading
platform, reflected financial tools quotes feed, and also in case of
other technical failures. Under certain trading conditions it may be
impossible to execute orders (Stop Loss, Take Profit, Buy Limit, Buy
Stop, Sell Limit, Sell Stop) on currency pairs and CFD contracts at the
declared price. In this case the Company has the right to execute the
order or change the opening (closing) price of the deal at a first
market price. This may occur, for example, at times of rapid price
movement if the price rises or falls in one trading session to such an
extent that under the rules of the relevant exchange trading is
suspended or restricted. Or this may occur in the trading session start
moments. So as a result, placing a stop-loss order will not necessarily
limit your losses to the intended amounts, because market conditions
may make it impossible to execute such an order at the stipulated
price. 3. Normal basic spreads on trading tools are specified in
"Contract Specification". However, the Company has the right to
increase spreads on currency pairs and CFD contracts. In particular,
spreads on basic currency pairs EUR/USD, USD/CHF, GBP/USD, USD/JPY can
be increased under certain trading conditions up to 5 points on
EUR/USD, up to 7 points on USD/CHF, up to 6 points on GBP/USD and up to
5 points on USD/JPY. 4. The minimum level for placing SL, TP and
Limit Orders from a market price on currency pairs is 10 points - for
currency pairs with spread less than 10 points, and is equaled spread -
for currency pairs with spread more than 10 points. The Client has no
right to change or remove SL, TP and Limit Orders if the price has
reached the level of the order execution. 5. At Margin level less
than 10 percent the Company has right to begin closing positions
starting from most unprofitable, while Margin level = 5 % or less all
positions are getting closed forcedly in the automatic mode at current
price. 6. The Client takes full responsibility for giving of
directions for opening, closing, changes and removal of positions or
orders on the phone line +74957889675 through the operators of the
Company. All operations in this case are executed under the
responsibility of the Client. The Client agrees and realizes, that all
conversations between the Client and the Company can be written down on
magnetic, electronic and other carriers. The Client further agrees to
use these records as the facts in case of any questions between the
Company and the Client. 7. Trading operations using additional
functions of the client trading terminal, such as Trailing Stop or
Expert Adviser are executed completely under the Client responsibility,
as they depend directly on the client trading terminal and cannot be
supervised by the Server of the Company. Please pay attention to the following: 1.
Charts in Metatrader 4 system display only BID price of a quote.
Therefore, to get ASK price for the certain moment on the chart, it is
necessary to add a spread. This moment is most important at orders
execution. 2. If the trading account has an open position with
Stop Loss order and there is no free margin for opening another one,
and at the same time a new postponed order is placed at the same price
as Stop Loss (a so-called "stop with reverse" situation), so
theoretically two orders should be executed simultaneously. However,
the Server first of all executes the postponed orders and in this
situation the postponed order can be automatically removed due to
insufficient margin requirement for opening a new position. Be
attentive!
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