English 繁體 简体

FOREX

FOREX SUMMARY

CRUDE OIL

INTEREST

COMMISSIONS、FEES、MARGIN

COMMISSIONS、FEES、MARGIN

Margin requirements

All trades at DMA market transactions are based on margin trade that allows clients to use their main capital to gain maximum market effect. There is a limit to multi-currency account exposure. It is obtained by calculating the available margin from the base currency in the account, multiplied by the leverage decided by KGIL. In normal trading times, the margin can reach up to 200 times its capital amount. In order to cater to different level’s needs, the initial account leverage may be adjusted after information exchange between KGIL and its clients (e.g. 1:50 or 1:20). The margin for trade will be calculated before each transaction, it may also be updated on the platform at any given time.

Minimum margin requirements

In order to protect our clients from bearing the responsibility of loss that exceeds the client’s total asset, as well as from risks related to KGIL, the minimum margin requirements are as follows:
* The following table shows the necessary minimum margin requirement for 1:200 leverage, in different comparative currencies.

Symbol Margin Currency Contract Size Initial Margin Leverage
XAU/USD USD 100000/per lot 500 1:200
XAG/USD USD 100000/per lot 500 1:200
EUR/USD USD 100000/per lot 500 1:200
GBP/USD USD 100000/per lot 500 1:200
USD/JPY USD 100000/per lot 500 1:200
USD/CHF USD 100000/per lot 500 1:200
AUD/USD USD 100000/per lot 500 1:200
NZD/USD USD 100000/per lot 500 1:200
USD/CAD USD 100000/per lot 500 1:200
EUR/CHF USD 100000/per lot 500 1:200
EUR/GBP USD 100000/per lot 500 1:200
EUR/JPY USD 100000/per lot 500 1:200
EUR/AUD USD 100000/per lot 500 1:200
EUR/SGD USD 100000/per lot 500 1:200
EUR/NZD USD 100000/per lot 500 1:200
EUR/HKD USD 100000/per lot 500 1:200
EUR/CAD USD 100000/per lot 500 1:200
GBP/CHF USD 100000/per lot 500 1:200
GBP/NZD USD 100000/per lot 500 1:200
GBP/AUD USD 100000/per lot 500 1:200
GBP/CAD USD 100000/per lot 500 1:200
GBP/JPY USD 100000/per lot 500 1:200
AUD/CHF USD 100000/per lot 500 1:200
AUD/NZD USD 100000/per lot 500 1:200
AUD/CAD USD 100000/per lot 500 1:200
AUD/JPY USD 100000/per lot 500 1:200
CHF/JPY USD 100000/per lot 500 1:200
CAD/JPY USD 100000/per lot 500 1:200
CAD/CHF USD 100000/per lot 500 1:200
NZD/CAD USD 100000/per lot 500 1:200
NZD/CHF USD 100000/per lot 500 1:200
NZD/JPY USD 100000/per lot 500 1:200
USD/SGD USD 100000/per lot 500 1:200
USD/HKD USD 100000/per lot 500 1:200

Minimum opening deposit:USD$200
Stop out:
When client's account equity is lower than 30% of balance or margin level lower than 50%, KGIL trading platform risk management system will automatically closed part of the opening orders, this will help to maintain client account equity.

Weekend leverage

The weekend leverage can be set to a maximum of 1:30 by the weekend market close. This strategy is to reduce hidden capital loss due to price level gap at market close.
How this is calculated: weekend trades begin 5 hours before market close (weekend, public holidays, etc.), until the market re-opens. The leverage condition is usually validated every Friday evening at 18:00 GMT.
After leverage is reduced, the applied leverage can help to increase account exposure.
The usual executing system will remain the same for margin call increase or decrease, even under weekend margin conditions. In other words, if the currently held position holds has insufficient capital amount and a leverage of 1:30, then the procedure for margin decrease will be applied onto its account. (see margin increase and margin decrease).

Risk exposures

Forex trade margin can have great risks, and may not be suitable for every investor. Therefore we strongly suggest clients to maintain leverage at normal level. Clients are advised to remember for all losses and profits due to margin trade, its capital can be rapidly at loss due to high leverage under the strong market fluctuation. Clients should assume the responsibility of maintaining a constant monitor on their margin, to ensure that the account has enough prepay trade capital.

Commission policy

Trade volume commission is deducted based on the primary currency on every traded transaction.
The trade volume commission will be settled into the client account base currency.
For personal trade accounts, the trade volume commission is calculated based on the net cash inflow, account net value and trade volume.
Please consult the following overview (this commission policy will be implemented starting from February 5, 2010) Net deposit – the USD equivalent of the total net cash inflow minus the sum of the total net cash outflow.

* Dollars per: (Based on USD dollars volume) Mil 100K
5k - 1 million 25 2.5
* Dollars per: (Based on USD dollars volume) Mil 100K
Less than 1billion 25 2.5

Trade volume is the USD equivalent of the total traded volume within the last 30 days. If the calculated net deposit, account net value and trade volume result in different commission rates, KGIL will charge the lowest rate available.
Welcome