In its continuous mission to enhance your trading experience, Forex4money has recently expanded its trading endeavors by adding Commodities and Indices trading via CFDs and now Shares trading and Bitcoin. Our trading conditions have changed accordingly with leverage and margin features now available per symbol. This brings great advantage to your trading experience as:
You can now trade with new Instruments with access to the Shares market, the future market and even the virtual market.
Your account protection has increased, as the new system monitoring your risk factors per symbol, thereby helping to prevent your account from being calibrated
Better risk management:
With the Margin calculations, and Maintenance Margin per symbol with specific parameters per symbol – risk calculations are per positions are increasingly accurate and protect your per symbol trading as well as your entire account.
Leverage allows you to trade with amounts much higher than your initial investment amount, which increases the potential return of your investment. Although the ability to earn significant profits by using leverage is substantial, leverage can also work against you if the market goes in the direction opposite of your trade. Traders normally use Stop Loss & Take Profit to avoid such scenarios. So far, the leverage offered was assigned to your entire equity.
Leverage per Symbol
Leverage in the share market tends to be much lower than in the forex market. Therefore, as we enter this market, leverage will now be offered per symbol. This means that each position will be leveraged according to the leverage assigned to the specific symbol in which you choose to open a position.
Having leverage per symbol also allows you to closely monitor the real value of your trades. Each time you open a position, the real value of your investment in this position [non leveraged amount according to the leverage per symbol] is deducted from your Available Balance. This means that you may now view the remaining Available Balance of your equity in real time and in non-leveraged values (available for trading).
The margin parameter shows you the ratio between your equity and your net exposure (the sum of all open positions converted into the account base currency). Once your margin exceeds the allowed limit, your account is at risk of calibration and ALL of your positions or part of your trades are automatically closed. For this reason, your margin is monitored in real time.
Margin per Symbol
As we enter the share market with leverage per symbol, the margin applied is also being offered per symbol. Each symbol will now receive its own margin limits according to the risk factor it represents and according to the leverage applied. This is in addition to the entire account margin [mentioned above] which will continue to operate as an indicator for your account status. In order to help monitor your Margin per Symbol, a monitoring system has been placed to monitor your Margin per Symbol; the Maintenance Margin System.
Maintenance Margin System
The Maintenance Margin is an automatic system set to protect your account investments, and prevent your entire account from being calibrated by maintaining your margin levels per symbol. The Maintenance Margin will display the relative sum of all margins and is calculated each time a position is opened. By observing your equity and Maintenance Margin values you can monitor your distance from margin call status.
Once the sum of positions from a particular symbol, in a particular market direction, hits the risk margin for that symbol, positions from that symbol will automatically begin to close until a sufficient margin is restored. Positions will begin to close until a sufficient margin for that symbol is achieved; thereby increasing protection of other positions as well as the account’s entire margin. The action of closing position per symbol is called Margin Call.
The current real amount in the account, calculated by this formula: (Total Account Deposits) minus (Total Account Withdraws) plus (Closed Profit and Loss) plus (Open Profit and Loss) plus Bonus, converted into the Account Base Currency.
Open P & L: Total Profit and Loss of all open positions (Including Premium Charges) converted into the Account Base Currency.
Net Exposure: The sum of all open positions converted into the Account Base Currency.
Pending Bonus: Displays the Bonus amount that will be transferred into the Equity, provided that you exceed the "Volume to Reach" within the set period.
XPoints to Reach
XPoints to Reach: Presents the XPoints you need to reach within the set period in order to have the pending Bonus transferred into the Equity.
Bonus Codes: Bonus Codes add various cash bonuses to a player's account, depending on the type of the code. To redeem a Bonus, traders must use the corresponding Bonus Code when making a deposit. To access the Deposit page, login to the WebTrader platform and click the Deposit Tab. On the Deposit page, type a valid Bonus Code in the 'Bonus Code' field. If you do not have a valid Bonus Code, this field will remain blank.