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 CENT group allow to open orders 1 000 000 smaller than standard contract size (with 1:100 leverage), accounts of 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 2 cents for CENT accounts and 2 US dollars for CLASSIC accounts.
Minimum lot and step in trading terminal are equal to 0.0001 for CENT accounts but since there is no native support for cent accounts in MT platform – you have to choose 0.01. Minimum lot for CLASSIC accounts is 0.01, minimum step is 0.01.
|Leverage varies depending on equity of the trading account|
|From 0 to 10 000 USD||1:1000|
|From 10 000 to 100 000 USD||1:500|
|From 100 000 to 250 000 USD||1:200|
|From 250 000 to 500 000 USD||1:100|
|From 500 000 USD and more||1:50|
Margin – funds on balance available for new order opening and support throughout Forex trading process.
Its forbidden to close orders which will cause increasing the net position or net margin two hours before symbol break and market close on Friday. During this period, new positions can be opened with decreased leverage – 1:100 for Forex and 1:40 for Commodities.
(Example: 2 open orders – sell and buy for EURUSD symbol with same volume, in this case net position is equal 0. Partial or full close on one of these orders will lead to increasing net positions.)
It’s forbidden to close orders which will cause increasing the net position or net margin one hour before publication of important news (marked in our economic calendar as “!!!”), which is expected to increase market volatility. During this period, new positions can be opened with decreased leverage – 1:100 for Forex and 1:40 for Commodities.
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.
Lock Protection – If a closure of locked position will lead to margin level decrease below 100%, then this closure will be denied and you will receive message «Not enough margin». In this case orders can be closed by function “Multiply close by”.
If Lock Protection is triggered by Stop Loss or Take Profit, then this closure also will be denied and Stop Loss or Take Profit is set 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.
Please note that all pending orders will be cancelled after reaching StopOut/Credit StopOut level, if the trading account is on MarketPlace.
Gap level – is a criterion of gap activation (if the price gap is equal or greater than 1 spread for a given instrument, 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). Activation proceeds on second tick after Gap Mode will be disabled.
Gap mode does not apply to trading accounts where orders are executed on our own aggregator MarketPlace, therefore pending orders will be executed, including Take Profit and Stop Loss, by market price, so slippage can even be 1 pip.
If pending order placed with Take Profit or/and Stop Loss and market price jumped over the order price and price of Take Profit/Stop Loss in gap level, this order will be opened by gap price and after that closed by market price with commentary [closed/gap]. Final result of this order will be negative with one spread.