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Product Details

  • Floating SpreadFloating Spread: the difference between the ask price and the bid price

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  • Maximum LeverageLeverage: a way of trading that multiplies a trader's trading volume for a financial instrument with only a relatively small amount of your deposit. Example: a $1,000 balance with a 1:50 leverage ratio has a trading ability of $50,000, allowing traders to purchase financial products worth up to $50,000.

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  • Contract SizeContract size: the number of units traded per lot when you open a trading position

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  • Minimum Volume per TradeMinimum volume per trade: the minimum trading unit allowed for each trade

    undefined Lot
  • Overnight Funding - BuyOvernight funding (Buy): When you hold the position of a product overnight, your A/C may be charged / deposited into the product's corresponding overnight interest. Calculation (Daily): trading lot * contract size * closing price * daily overnight funding rate (%)

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  • Overnight Funding - SellOvernight funding (Sell): When you hold the position of a product overnight, your A/C may be charged / deposited into the product's corresponding overnight interest. Calculation Formula (Daily) trading lot * contract size * opening price * daily overnight funding rate (%)

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  • Initial MarginInitial Margin: The amount Mitrade debits from your account as soon as you open a new position.Initial Margin = Contract Value of open position * Initial Margin Ratio (%)

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  • Maintenance MarginMaintenance margin: the minimum margin amount required to maintain the account when you hold the position. Maintenance margin = contract value of open position at opening price * maintenance margin ratio (%)

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  • Contract Expiry DateContract Expiry Date: If the product contract you are trading has an expiration date, the product will expire on this date, and the trading position of the product you hold will be automatically closed at that time.

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  • Current Trading SessionCurrent trading session: the current trading period of the product. The time is shown in your local time zone.

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Economic Calendar

  • Sun

    10-13

  • Mon

    10-14

  • Tues

    10-15

  • Wed

    10-16

  • Thur

    10-17

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