GCI's margin requirements are the most advantageous in the industry:
ICTS Forex Account: $25 per lot on all instruments. Equivalent to approximately 0.25% margin or 400:1 leverage.
CFD/Share Account: 5% on individual shares, $25 per lot on indices and other instruments. Click here for exact
margin requirements on each product.
MetaTrader Account: $250 per lot on Forex, $25 per 0.1 lots. Equivalent to approximately 0.25% margin or 400:1 leverage. 5% on individual shares. About 1% for indices and commodities. Click here for exact margin requirements
on each product.
GCI is able to maintain these low margin requirements by enabling automatic liquidation of positions once a margin call is reached. This policy also provides for the protection of client account balances in the event of rapid price movements.
A margin call is reached if a client's account equity falls below the required margin. For example, in an ICTS Forex account, if a client has 10 lots of open positions a margin call will occur if account equity drops below $500. At this point, some or all of the client's open positions will be closed immediately at current prices.
Traders are also able to monitor both usable margin and used margin in real-time from the "Account Information" window of the online trading platform. Positions will be automatically closed once usable margin drops below zero.
Friday, September 4, 2009
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