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MT4 account, you benefit from spreads as low as 0 pips, plus a commission. Contract size — Equivalent to the traded amount on the Forex or CFD market, which is calculated as a standard lot size multiplied with lot amount. The Forex standard lot size represents , units of the base currency.
For CFDs and other instruments see details in the contract specification. Instrument — Also referred to as "Symbol". The trading asset which you Buy or Sell. Lot — Usual volume term in the Forex trading world traders talk about a number of"lots" in Forex and usually a number"contracts" with CFDs. Margin — This is how much capital margin is needed in order toopenand maintainyour position. Pip value — Pip stands for percentage in points and it is the most comment increment of currencies.
For Forex instruments quoted to the 5th decimal point e. For indices 1 pip is equal to a price increment of 1. For other instruments 1 pip is equal to Tick Size. Profit — Your profit or loss marked with - for a trading scenario you calculated. Some instruments DAX30 and others charge 3 times Swap on Friday;For further details on individual instrumentpleasesee our "contract details".
Due to the possible feed delay and the rounding of values, the displayed calculation results may deviate from the actual parameter values applicable in the market. Risk Warning : Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Prior to trading, you should take into consideration your level of experience and financial situation. TeleTrade strives to provide you with all the necessary information and protective measures, but, if the risks seem still unclear to you, please seek independent advice.
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