Zero margin requirements for opening a hedged position provided free margin is positive (Margin Level > 100%).
The above spreads are applicable under normal trading conditions during day trading sessions. However, there may be instances when market conditions cause spreads to widen beyond the typical average spreads displayed above.
The trading hours starting daily from 00:00 to 24:00 server time Monday through Friday. The server time is GMT + 2 (GMT + 3 is applied during summer time).
From Friday to Monday swap is charged once. From Wednesday to Thursday swap is charged in triple size.
A possible increase in margin requirement may cause liquidation of some or all of the client's positions.
The swap rate is mainly dependent on the level of interest rates as well as the Company's fee for having an open position overnight. The swap is automatically converted into the base currency of the clients trading account. The operation is conducted at 23.59 (server time) and can take several minutes.
The Company reserves the right to amend the swap values at any time.