free hit counters

mt4 spot trading conditions

  • Home
  • mt4 spot trading conditions

Trading Condition

Depending on the size of your account (ideally $250K+) and/or according to the concentration of risk on a specific trading instrument. House of Borse Limited might consider increasing its default margin requirements, therefore, providing lower leverage when trading margin related instruments.

 

Symbol IM Factor (Margin Req)* Trading Hours** Value Date (Rollover) Tick Factor*** Last Update Minimum trade size Contract size
AUD/CAD 0.02 24 Hours 00:00 GMT +3 0.0001 04/07/2016 1000 100000
AUD/CHF 0.03 24 Hours 00:00 GMT +3 0.0001 04/07/2016 1000 100000
AUD/JPY 0.02 24 Hours 00:00 GMT +3 0.01 04/07/2016 1000 100000
AUD/NZD 0.02 24 Hours 00:00 GMT +3 0.0001 04/07/2016 1000 100000
AUD/USD 0.01 24 Hours 00:00 GMT +3 0.0001 15/11/2016 1000 100000
CAD/CHF 0.03 24 Hours 00:00 GMT +3 0.0001 10/06/2016 1000 100000
CAD/JPY 0.02 24 Hours 00:00 GMT +3 0.01 04/07/2016 1000 100000
CADSGD 0.03 24 Hours 00:00 GMT +3 0.0001 10/03/2017 1000 100000
CHF/JPY 0.03 24 Hours 00:00 GMT +3 0.01 15/11/2016 1000 100000
CHFNOK 0.03 24 Hours 00:00 GMT +3 0.0001 10/03/2017 1000 100000
CHFPLN 0.03 24 Hours 00:00 GMT +3 0.0001 10/03/2017 1000 100000
CHFSGD 0.03 24 Hours 00:00 GMT +3 0.0001 10/03/2017 1000 100000
EUR/AUD 0.02 24 Hours 00:00 GMT +3 0.0001 04/07/2016 1000 100000
EUR/CAD 0.02 24 Hours 00:00 GMT +3 0.0001 15/11/2016 1000 100000
EUR/CHF 0.03 24 Hours 00:00 GMT +3 0.0001 04/07/2016 1000 100000
EUR/CZK 0.2 24 Hours 00:00 GMT +3 0.001 10/06/2016 1000 100000
EUR/DKK 0.03 24 Hours 00:00 GMT +3 0.0001 04/07/2016 1000 100000
EUR/GBP 0.05 24 Hours 00:00 GMT +3 0.0001 15/11/2016 1000 100000
EUR/HUF 0.04 24 Hours 00:00 GMT +3 0.01 04/07/2016 1000 100000
EUR/JPY 0.01 24 Hours 00:00 GMT +3 0.01 15/11/2016 1000 100000
EUR/MXN 0.08 24 Hours 00:00 GMT +3 0.0001 15/11/2016 1000 100000
EUR/NOK 0.03 24 Hours 00:00 GMT +3 0.0001 04/07/2016 1000 100000
EUR/NZD 0.02 24 Hours 00:00 GMT +3 0.0001 28/06/2016 1000 100000
EUR/SEK 0.03 24 Hours 00:00 GMT +3 0.0001 04/07/2016 1000 100000
EUR/SGD 0.03 24 Hours 00:00 GMT +3 0.0001 04/07/2016 1000 100000
EUR/USD 0.01 24 Hours 00:00 GMT +3 0.0001 15/11/2016 1000 100000
EURPLN 0.02 24 Hours 00:00 GMT +3 0.0001 10/03/2017 1000 100000
EURTRY 0.03 24 Hours 00:00 GMT +3 0.0001 10/03/2017 1000 100000
EURZAR 0.08 24 Hours 00:00 GMT +3 0.0001 10/03/2017 1000 100000
GBP/AUD 0.05 24 Hours 00:00 GMT +3 0.0001 15/11/2016 1000 100000
GBP/CAD 0.05 24 Hours 00:00 GMT +3 0.0001 15/11/2016 1000 100000
GBP/CHF 0.05 24 Hours 00:00 GMT +3 0.0001 15/11/2016 1000 100000
GBP/JPY 0.05 24 Hours 00:00 GMT +3 0.01 15/11/2016 1000 100000
GBP/NZD 0.05 24 Hours 00:00 GMT +3 0.0001 15/11/2016 1000 100000
GBP/SGD 0.05 24 Hours 00:00 GMT +3 0.0001 15/11/2016 1000 100000
GBP/USD 0.05 24 Hours 00:00 GMT +3 0.0001 15/11/2016 1000 100000
GBPDKK 0.05 24 Hours 00:00 GMT +3 0.0001 10/03/2017 1000 100000
GBPHKD 0.05 24 Hours 00:00 GMT +3 0.0001 10/03/2017 1000 100000
GBPPLN 0.05 24 Hours 00:00 GMT +3 0.0001 10/03/2017 1000 100000
GBPSEK 0.05 24 Hours 00:00 GMT +3 0.0001 10/03/2017 1000 100000
GBPZAR 0.05 24 Hours 00:00 GMT +3 0.0001 10/03/2017 1000 100000
NZD/CAD 0.02 24 Hours 00:00 GMT +3 0.0001 15/11/2016 1000 100000
NZD/CHF 0.03 24 Hours 00:00 GMT +3 0.0001 04/07/2016 1000 100000
NZD/JPY 0.02 24 Hours 00:00 GMT +3 0.01 15/11/2016 1000 100000
NZD/USD 0.01 24 Hours 00:00 GMT +3 0.0001 15/11/2016 1000 100000
NZDSEK 0.03 24 Hours 00:00 GMT +3 0.0001 10/03/2017 1000 100000
NZDSGD 0.03 24 Hours 00:00 GMT +3 0.0001 10/03/2017 1000 100000
USD/CAD 0.01 24 Hours 00:00 GMT +3 0.0001 15/11/2016 1000 100000
USD/CHF 0.03 24 Hours 00:00 GMT +3 0.0001 10/06/2016 1000 100000
USD/CZK 0.2 24 Hours 00:00 GMT +3 0.001 10/06/2016 1000 100000
USD/DKK 0.03 24 Hours 00:00 GMT +3 0.0001 10/06/2016 1000 100000
USD/HUF 0.04 24 Hours 00:00 GMT +3 0.01 10/06/2016 1000 100000
USD/JPY 0.01 24 Hours 00:00 GMT +3 0.01 15/11/2016 1000 100000
USD/MXN 0.08 24 Hours 00:00 GMT +3 0.0001 15/11/2016 1000 100000
USD/NOK 0.03 24 Hours 00:00 GMT +3 0.0001 10/06/2016 1000 100000
USD/PLN 0.04 24 Hours 00:00 GMT +3 0.0001 10/06/2016 1000 100000
USD/SEK 0.03 24 Hours 00:00 GMT +3 0.0001 10/06/2016 1000 100000
USD/SGD 0.03 24 Hours 00:00 GMT +3 0.0001 10/06/2016 1000 100000
USD/TRY 0.04 24 Hours 00:00 GMT +3 0.0001 10/06/2016 1000 100000
USD/ZAR 0.08 24 Hours 00:00 GMT +3 0.0001 15/11/2016 1000 100000
USDCNH 0.08 24 Hours 00:00 GMT +3 0.0001 10/03/2017 1000 100000
USDHKD 0.04 24 Hours 00:00 GMT +3 0.0001 10/03/2017 1000 100000
USDRUB 0.08 09 AM - 21:00 00:00 GMT +3 0.0001 10/03/2017 1000 100000
USDTHB 0.08 24 Hours 00:00 GMT +3 0.01 10/03/2017 1000 100000
XAG/USD 0.06 24 hours with a break from 00:00 - 01:00 GMT +3. Monday open 01:00, Friday close 23::55 GMT +3. 00:00 GMT +3 1 23/03/2016 50 5000
XAU/USD 0.04 24 hours with a break from 00:00 - 01:00 GMT +3. Monday open 01:00, Friday close 23::55 GMT +3. 00:00 GMT +3 1 23/03/2016 1 100
XPDUSD  0.08 24 hours with a break from 00:00 - 01:00 GMT +3. Monday open 01:00, Friday close 23::55 GMT +3. 00:00 GMT +3 1 10/03/2017 1 100
XPTUSD 0.08 24 hours with a break from 00:00 - 01:00 GMT +3. Monday open 01:00, Friday close 23::55 GMT +3. 00:00 GMT +3 1 10/03/2017 1 100

 

* Margin requirements may change or additional collateral required depending on position size and/or account currency.

USD on Base Currency: i.e. USDCHF = 0.03 * 100,000 = $3,000
USD not on Base Currency: i.e. EURUSD = 0.01 * 100,000 * Rate of Base Currency against USD Currency = 0.01 * 100,000 * 1.1300 = $1,300
**Trading is available 24/5 hours.
*** The price increment representing 1 whole trading unit, by which P&L and both initial and variation margin is calculated

 

Supported Order types

All market standard order types are available, i.e. Market Execution, Limit and Stops.
Trailing Stops, where the Stop level moves in line with the market price, are supported for all positions.
All Stop and Limit orders are placed as:

  • Good till Cancelled (GTC) – order stays open until cancelled or when filled.

Limit Orders

Limit orders are used to take profit or to enter the market at a certain price level:

  • Limit orders to buy can only be placed below the current market price with no minimum difference from market price.
  • Limit orders to sell - can only be placed above the current market price with no minimum difference from market price.
  • Limit orders are generally filled at the specific price (result in a slippage is not applicable). However, they may be filled at a
  • better price during larger market gaps, for instance during the market opening period (Sunday, 17:01 NYT) or during news events. Limit orders are never filled at a price worse than the original limit price (but therefore can result in a rejection/Partial Fill).

Stop Orders

Stop Orders are typically used to limit losses at a certain price level. Stop orders are typically filled at the stop level selected by the client or at a price worse than the selected

  • Stop Orders to buy can only be placed above the current market price with no minimum difference from market price.
  • Stop Orders to sell can only be placed below the current market price with no minimum difference from market price.

 

 

House of Borse Limited currently charge no financing costs for commodities and expiring Index-trackers CFDs, please note that three (3) days prior to the contract expiration no new order may be placed other than orders closing out positions and orders cancelling open order. One (1) day prior to expiration soon after 17:00 GMT any positions still open will be automatically closed at the market price. 

 

Instrument Trading Hours Margin Requirements  Open Only  Lot Size Min Lot Size Commission Tick Size
UK 100 03:01- 22:45 2% 3 Days Before Expiration 10 Index 1 Index 7 GBP/Lot 0.01
UK Gas Oil 03:01- 22:45 8% 3 Days Before Expiration 100 Metric Ton 10 Metric Ton 9 USD/Lot 0.01
UK Oil 00:01 00:55, 03:01- 23:55 5% 3 Days Before Expiration 1000 Barrel 100 Barrel 9 USD/Lot 0.01
US Oil 1:01  - 23:55 5% 3 Days Before Expiration 1000 Barrel 100 Barrel 9 USD/Lot 0.01

 

The CFDs above are expiring CFDs on Direct Market Access (DMA) basis, where all orders are routed to regulated markets and other liquidity venues via smart order routing.

Live Chat Risk Warning: Remember that trading the financial markets such as Futures Contracts, Options, Forex and CFDs are high risk products and can result in unlimited losses. Your trading in high risk products like Options, forex and CFDs may not be suitable for you. Please ensure you fully understand the risks involved when trading such financial products. Please consider our Risk Disclosure Statement and our Terms of Business before using our services