Competitive Trading Conditions

TRADING CONDITIONS

Enjoy the best trading conditions in
the industry for products including forex,
metals, shares, indices, commodities and
cryptocurrency!

Account Base Currencies

Account Base Currencies

USD, GBP, EUR, JPY, CHF, AUD, NZD, CAD

Minimum deposit amount is US$250

MultiBank MT4 platforms do not set up time zone, but apply the "Forex Market Hours”, setting 5:00 pm EST (opening hour) as 0:00 so that the charts can be presented in a standard 5 trading-day week for clients’ easier analysis.

MARGIN

 

Margin

Forex

  • One standard lot= 100,000 currency units

Under leverage rate of 1:100:

  • Margin per lot is 1,000 currency units (base currency)
  • Margin Recruitments:
  • Margin for USDJPY: USD1,000
  • Margin for EURUSD and other cross currency pairs: EUR 1,000 (the amount is automatically converted to USD at the exchange rate at the time of transaction)

Stop-out Level

For accounts with leverage of 1:100, 1:200, and 1:300, when the equity slips below 10% of the required margin level, open positions would be automatically closed at opening prices from positions releasing highest margin to lowest until the margin level is reached.

For accounts with leverage of 1:400 or 1:500, when the equity slips below 100% of the required margin level, open positions would be automatically closed at opening prices from positions releasing highest margin to lowest until the margin level is reached.

* When the market is experiencing swift fluctuations, there is no guarantee about the order of stop out. Instant adjustments may be made by MultiBank according to instant market situation, clients are= responsible for risks that may arise thereof. MultiBank reserves the right of final explanation concerning the order of stop out.

* Please note that when there is a hedged position in the account, instant widening of spread may cause equity change. If that leads the equity to drop into negative, stop out will be intrigued as a result.

Example:
An account with 1:500 leverage equates to 1:500 for forex and 1:250 for metals.
The stop out level depends on the leverage level when opening the account.

Maximum Lots per Click and Maximum Open Positions

Restricted by market depth and for risk control, Maximum Lots per Click and Maximum Open Positions are as follows
Leverage Stop-out Level Max. Lots
per Click (XAU)
Max. Lots
per Click (FX)
Max. Lots
per Click (CFDs)
Max. Open
Positions (on all products)
100 10% 10 30 5 No limit
200 10% 10 30 5 No limit
300 10% 10 30 5 150
400 100% 10 30 5 80
500 100% 10 30 5 75

Pending Orders

Clients shall calculate the account equity when reaching the pending order price, to maintain required real-time margin for the execution of pending orders. While pending orders would be automatically cancelled if the margin level is not enough for the execution of the transaction when the price level has been reached.

Hedged Positions

Hedged-position function is available on MultiBank’s MT4 trading platforms. Customers can choose whether to open hedged-position function (long/short) when opening accounts which does not use margin.

Please be careful not to hold more than one hedged position at the same time to avoid possible risks. Holding a hedged position does not lock the profit/loss or guarantee the position.

When the spread is widening in particular market situations, hedged positions would affect the account equity. In the case of open positions, it would further affect the rate of equity to margin, which may result in stop out in extreme situation.

For example, for one standard lot of hedged position of EURUSD, 1 point of increase in market spread would result in floating loss of USD10 in account equity.

Possible market conditions where spread widening may occur include: opening hours, closing (interest accrual) hours, news and data hours, holidays, thin market with large market entry, fluctuating market and other special market conditions. In addition, buy and sell orders of the hedged positions are accrued normally. However, MultiBank Group does not recommend hedged positions.

 

Order Execution

  • Hedged-position function is available on MultiBank’s MT4 trading platforms. Customers can choose whether to open hedged-position function (long/short) when opening accounts which does not use margin.
  • Please be careful not to hold more than one hedged position at the same time to avoid possible risks. Holding a hedged position does not lock the profit/loss or guarantee the position.
  • When the spread is widening in particular market situations, hedged positions would affect the account equity. In the case of open positions, it would further affect the rate of equity to margin, which may result in stop out in extreme situation.
  • For example, for one standard lot of hedged position of EURUSD, 1 point of increase in market spread would result in floating loss of USD10 in account equity.
  • Possible market conditions where spread widening may occur include: opening hours, closing (interest accrual) hours, news and data hours, holidays, thin market with large market entry, fluctuating market and other special market conditions. In addition, buy and sell orders of the hedged positions are accrued normally. However, MultiBank Group does not recommend hedged positions.

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Webinars

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CWT: Piroska Szigeti
Chief Webinar Trainer

Description
She is a trader and the chief webinar trainer at Lady Fx. She has been trading in the international financial markets for more than 12 years.
Quoted By Piroska : " My goal is to share my knowledge and experience with the company’s traders and clients."

Education
After finishing the Budapest University of Technology and Economics, she completed several courses in Forex training schools. She also acquired a financial law certificate at Central European Broker Training Foundation.

Work Experience
For many years, She has been trading on live accounts at various brokerage firms as a money manager, specializing herself in Currencies and Gold instruments. In recent years, she has been training traders and hosting Forex webinars.

Why Lady Fx?
" I have chosen Lady Fx because here I can work with an excellent team of professionals, and train people to be successful on the markets knowledge."