TRADING CONDITIONS

MARGIN AND LEVERAGE

Oroku Edge offers best leverage to give traders the best chance of successfully trading some of the most volatility markets in the world.

Margin

The margin represents the number of funds required to secure positions. When you place a trade, the margin is locked in until the trade is closed. The margin figure displayed in your account details represents the total used margin for all open trades.

To calculate your margin, you can use the formula:

Trade size in units/Leverage = Margin in Base Currency
Trade size in units/Leverage x Exchange rate = Margin in the quote currency

Leverage

Leverage multiples traders’ buying power, allowing traders to control a larger investment than their capital, potentially increasing their returns while only investing a percentage of the overall value of the asset.

Oroku offers two types of leverage depends on the type of account, a maximum of 1:6666 for a cent account and 1:3333 for a standard account.

The higher the leverage, the higher the level of risk.

LEVERAGE AND GEARING

Transactions in Foreign Exchange and derivative Financial Instruments carry a high degree of risk. The amount of initial margin may be small relative to the value of the foreign exchange or derivatives contract so that the transactions are “Leveraged or geared”. Maximum leverage depending on the equity and will changing automatically according this table:

Cent Acc-01.png
STD Acc-01.png
Table Leverage ecn-01.png

Margin Call @ 50% margin level

A margin call is calculated by equity / used margin x 100. It is advised that you should either close off positions to free up margin or add additional funds to increase available margin.

TRADING HOURS

Normal Trading Hours

One major benefit of Forex, Indices, and Commodities trading is they all trade nearly 24 Hours a day, 5 days a week.

Daily Trading Break

Daily trading breaks depending on the type of instruments which clients are able to see the prices streaming during this break.

Market Opens

The GMT offset is either +1 or +2 depending on whether Daylight Savings time is in effect or not. The spreads can be wider as the liquidity providers reset when switch online (Monday session start) and switch offline (Friday session end) which result a low liquidity.

5 and 7 Daily candles

The GMT offset is either +1 or +2 depending on whether Daylight Savings time is in effect or not. Currently, Oroku has a 5+1 daily candle week for all clients. The 5 daily candle is per usual weekly candle from Monday to Friday, while 1 extra candle was for the Sunday bar opening time during the wintertime GMT+1. However, the cryptocurrencies may have 7 daily candles.