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We give you everything you
need to be a successful trader for $0 commission. We realize that for
traders, an interruption in connectivity can be downright frightening, and
that's why we've gone to such lengths here at FOREXYARD to make sure you
would get a system with proven reliability. |
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FOREXYARD enables
currency trading to be conducted on a highly leveraged basis. Every trader
is able to select the degree of leverage or gearing that the trader wishes
to employ in trading. Unless the trader specifies otherwise, FOREXYARD
sets the leverage levels to the FOREXYARD's default margin
levels for the deposited amount. The requirements for leverage vary with
account size, and may be changed from time to time at the sole discretion
of the dealing desk, based on volume traded and market conditions.Up to 200:1 LeverageClients must have approximately 1/2% of the value of the positions they hold in their account for each lot of currency being traded (approximately 200:1 leverage). This amount does not change after 5:00 pm New York time, which is the rollover cut off, but stays constant at approximately 1/2% per lot the entire day and overnight. Up to 100:1 Leverage For Trades Larger Than 100KClients must have approximately 1% of the value of the positions they hold in their account for each lot of currency being traded (approximately 100:1 leverage). This amount does not change after 5:00 pm New York time, which is the rollover cut off, but stays constant at approximately 1% per lot the entire day and overnight. Up to 25:1 Leverage For Trades Larger Than 1MLClients must have approximately 4% of the value of the positions they hold in their account for each lot of currency being traded (approximately 100:4 leverage). This amount does not change after 5:00 pm New York time, which is the rollover cut off, but stays constant at approximately 4% per lot the entire day and overnight. Margin WatcherThere is also an important safety feature embedded in this system that prevents clients from losing more money than they have in the account. Should the account equity - meaning the total floating value of the account - fall below the margin requirement of approximately 20% of the used margin, the dealing desk will close all positions. This protects the trader from losing more than the funds deposited into the trading account.
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