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TRADING TERMS (Universal Account)
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Dear Traders,
Please note, that all accounts shall be opened on our new advanced Chart Trading platform. If you wish to learn more about Chart Trader, we recommend that you open a Chart Trader Demo Account and follow the guidance in our Chart Trader Manual.
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Account Details
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Foreign Exchange Margin Trade (automatic rollover system)
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Trading System
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Internet Trading using PC /MobilePhone
(In case of emergency, telephone trading or assistance via Live Help accepted. Please access Live Help through the link in the navigation to the left. )
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Trading Hours
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NY Time: Sunday 17:10 to Friday 16:00
Winter Time:Japan( Mon)7:10am-(Sat)6:00am
(Summer Time:Japan( Mon)6:10am-(Sat)5:00am
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Minimum trading amount
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10,000 currency unit.
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Currency pairs handled/Spread
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（PLEASE NOTE: Variable spread is available after prescribed procedures.)
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22Ｐａｉｒｓ
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quasi-fixed
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variable |
| EUR/USD |
1.9 |
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0～1.4pips(83%)
0～1.9pips(99%)
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| USD/JPY |
1.8 |
0～1.4(83%)
0～1.8(98%)
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| EUR/JPY |
2.6 |
1～2.2pips(79%)
1～2.6pips(96%)
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| GBP/JPY |
4.9 |
2～4.4pips(82%)
2～4.9pips(95%)
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| ZAR/JPY |
5 |
 The data results are for between the 11th and 31st of January 2010.
Note: There is no guarantee of trading performance, past or projected performance is not a reliable indicator of future performance.
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| EUR/CHF |
3 |
| EUR/GBP |
3 |
| AUD/USD |
3 |
| AUD/JPY |
3.5 |
| CHF/JPY |
4 |
| GBP/USD |
3.5 |
| USD/CAD |
4 |
| USD/CHF |
4 |
| CAD/JPY |
5 |
| NZD/JPY |
4.5 |
| NZD/USD |
4.5 |
| AUD/CAD |
6 |
| GBP/CHF |
7 |
| EUR/AUD |
7 |
| EUR/CAD |
6 |
| USD/SGD |
8 |
| AUD/SGD |
12 |
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| Note: The above Quasi-fixed spread is availbale under normal market conditions. It will widen depending on the market situation.Variable spread will also change according to market conditions. |
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Online Trading Commission
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No commission
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Telephone/Live Help Order
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We charge 2,000 JPY or the equivalent in another currency for one order and this will be deducted from your trading account.
In the case when our server is down or the network problem is on our side, no cost will be incurred by the customer.
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Margin Requirements
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Margin per 0.1 lot. will be change by total position volume for each spread type(quasi-fixed and variable). For example, when user have AUD/JPY 20 lots buy poistion for quasi-fixed spread and 40 lots for variable spread.Margin per 0.1 is 7,000 yen.But when user have 50lots buy position for quasi-fixed spread, margin per 0.1 to make new position will be 28,000 yen.
| Currency Pair |
Total Positions |
| 0.1～50.0lots |
50.1lot～ |
| AUD/CAD |
7,000yen
or
equivalent |
28,000yen
or
equivalent |
| AUD/JPY |
7,000yen
or
equivalent |
28,000yen
or
equivalent |
| AUD/USD |
7,000yen
or
equivalent |
28,000yen
or
equivalent |
| AUD/SGD |
7,000yen
or
equivalent |
28,000yen
or
equivalent |
| CAD/JPY |
8,000yen
or
equivalent |
32,000yen
or
equivalent |
| CHF/JPY |
9,000yen
or
equivalent |
36,000yen
or
equivalent |
| EUR/AUD |
13,000yen
or
equivalent |
52,000yen
or
equivalent |
| EUR/CAD |
13,000yen
or
equivalent |
52,000yen
or
equivalent |
| EUR/CHF |
13,000yen
or
equivalent |
52,000yen
or
equivalent |
| EUR/GBP |
13,000yen
or
equivalent |
52,000yen
or
equivalent |
| EUR/JPY |
13,000yen
or
equivalent |
52,000yen
or
equivalent |
| EUR/USD |
13,000yen
or
equivalent |
52,000yen
or
equivalent |
| GBP/CHF |
15,000yen
or
equivalent |
60,000yen
or
equivalent |
| GBP/JPY |
15,000yen
or
equivalent |
60,000yen
or
equivalent |
| GBP/USD |
15,000yen
or
equivalent |
60,000yen
or
equivalent |
| NZD/JPY |
5,000yen
or
equivalent |
20,000yen
or
equivalent |
| NZD/USD |
5,000yen
or
equivalent |
20,000yen
or
equivalent |
| USD/CAD |
10,000yen
or
equivalent |
40,000yen
or
equivalent |
| USD/CHF |
10,000yen
or
equivalent |
40,000yen
or
equivalent |
| USD/JPY |
10,000yen
or
equivalent |
40,000yen
or
equivalent |
| USD/SGD |
10,000yen
or
equivalent |
40,000yen
or
equivalent |
| ZAR/JPY |
2,400yen
or
equivalent |
9,600yen
or
equivalent |
<Example>
In following condition, your total required margin will be 11,700,000yen.
| Position |
USD/JPY 51lots buy, 10 lots sell, AUD/JPY 60 lots buy |
Required Margin
(Per 0.1 lot) |
*ＵＳＤ／ＪＰＹ 10,000yen or equivalent for total positions 0.1~50 lots.
40,000yen or equivalent for total positions 50.1 lots ~.
AUD/JPY 7,000yen or equivalent for total positions 0.1~50lots.
28,000yen or equivalent for total positions 50.1 lots ~.
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| Margin Detail |
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Margin for USD/JPY 51lots buy positions
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10,000yen per 0.1lot is required for USD/JPY's total positions till 50lots
100,000yen 50lots
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>>
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5,000,000 yen |
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40,000yen per 0.1lot is required for USD/JPY's total positions from 50.1lots
400,000yen 1lot
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>>
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400,000 yen |
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Total
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5,400,000 yen |
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Margin for USD/JPY 10lots sell positions
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Margin for hedge positions is required only for bigger amount side lots. In this case, USD/JPY hedge positions "Buy side" is bigger then sell side.So, only 51 lots margin is required.
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Total
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0 yen
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Margin for AUD/JPY 60 lots buy positions
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7,000yen per 0.1lot is required for AUD/JPY's total positions till 50.0lots
70,000yen 50lots
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>>
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3,500,000 yen
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28,000yen per 0.1lot is required for AUD/JPY's total positions from 50.1lots
280,000yen 10lots
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>>
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2,800,000yen
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Total
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6,300,000 yen
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Grand
total
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11,700,000 yen
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Initial Deposit
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Swap Rate
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Receive / Pay
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Withdrawal
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Usually conducted within 4 business days after we have received your request.
(Minimum withdrawal amount is 100 USD or equivalent in other currency )
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Transfer Charge
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You must pay all transfer charges.
We are not liable for fund transfers.
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Margin Call
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When a client's usable margin of funds falls below 0 , the position will be liquidated mandatorily by the dealer.
(There is also an exceptional quotation circumstance)
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MF Global FXA Securities is an Online Currency Trader that provides an internet environment for its traders to trade on. Customers are reminded that they must be totally competent users before trading profesionally with MF Global FXA Securities Ltd.
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