DDE - The technology of processing of orders involving dealer that provides quotes.
You send a request for order and will get in the line of order process. Dealer compares the quote of your request and quote of the liquidity provider, and then executes the order.
NDDE - The technology of processing orders without the dealer. You have direct access to the market, where, thanks to the largest liquidity providers, we strive to give you the best price.
Your orders are executed immediately, without long queues and requotes.
Forex4you creates entirely new opportunities for unlimited profits for investors and traders. Read more about PAMM accounts.
- * - Forex4you Cent account group is using Cent lot (or Cent lot) which is equivalent to 100'000 cents, or 1'000 base currency units (e.g. 1 cent lot for EUR/USD is 100'000 EUR cents or 1'000 EUR).
Note: GMT+1 is Central European time (CET, summertime +1 hour)
Standard contract of Forex is 100 000 currency items. Most common leverage in forex trading is 1 to 100. Accounts of fx4u-cent group allow to open orders 1 000 000 smaller than standard contract size (with 1:100 leverage), accounts of fx4u-classic group - 1000 times smaller (with 1:100 leverage). To achieve the lowest capital requirements clients may choose 1:500 leverage when registering an account - this leverage value would mean minimum capital of 20 cents for fx4u-cent accounts and 2 US dollars for fx4u-classic accounts.
Interest rate is applied on the first day of each month to the funds available on balance.
Minimum lot and step in trading terminal are equal to 0.0001 for fx4u-cent accounts but since there is no native support for cent accounts in MT platform - you have to choose 0.01. Minimum lot for fx4u-classic accounts is 0.01, minimum step is 0.01.
Margin - funds on balance available for new order opening and support throughout Forex trading process. For positions that are beeing opened Friday, 2 hours before market close, leverage decreases to 1:100.
Locked (hedged) margin - margin for the opening and maintenance of two opposite (locked) items on the same instrument. Margin of opening and maintaining two locked positions is equal to zero.
Margin call level - the level of required margin, warning level. Margin call level on weekends and holidays rises to a value of 100% for accounts with leverage 1:100 and 500% for accounts with higher leverage. The broker has the rights to prohibit the opening / closing of the Forex orders and lowering the Margin to the Margin call level one or two hours before closing the market, as well as open hedging positions.
Stop Out level - required margin level. If equity has reached this level, orders are closed forcibly until the margin level is up to the minimum. Please note that our company uses Stop Out level to decrease own risks of clients going to a negative balance. Stop Out level should not be used by clients as a part of risk management strategy - stop loss orders must be used instead.
Gap level - is a criterion of gap activation (if the price gap is equal to or greater than the specified level, the gap mode is engaged). It's used for automatically order's executing by the dealer (both Stop Loss & Take Profit execute at the gap price). Order will be cancelled, if it was placed with the price of Take Profit (Stop Loss) and jumped over the order price and price of Take Profit (Stop Loss) (non-market prices, clauses 4.11 of Client Agreement and 4.13 of Regulation). Gap Level is normally equal to 2 spreads.