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We are committed to providing traders with all tools and services required to have the potential to be successful in the financial market. Below, you will find detailed information on the trading conditions, tools and services that we offer:
Do you know? First cryptocurrency was “Bitcoin” which was came into an existence in 2009 and launched by a group known as “Satoshi Nakamoto.” As of now, the value of bitcoin went to $1.3 trillion approximately. Now so many bitcoins are available in the market and some of the competing one are – Ethereum, Litecoin, Cardano etc.
Nearly all products are traded without break over a 24 hour period between the…
Nearly all products are traded without break over a 24 hour period between the market opening at 22:00 GMT Sunday and closing at 21:00 GMT Friday (Trading hours can vary due to seasonal time adjustments, public holidays and unusual liquidity that stems from unusual world events). However, some products have specific hours of trading as documented in the table below:
Forexjourney offers leveraged (margin) trading service for a variety of financial…
Forexjourney offers leveraged (margin) trading service for a variety of financial instruments, including Forex, precious metals, commodities and index based CFDs. This makes it possible for you to trade significant positions with a relatively modestly-sized account.
"Margin" acts as collateral to cover any losses that you might incur, while at the same time allowing you to hold a position much larger than your actual account value. This means, you get an opportunity to generate significant (relative to the amount invested) profits.
Leverage is a double-edged sword. While it can dramatically increase your profits, it can also just as easily amplify your losses. Excessive leverage can cause a few losing trades to offset the gains from many winning trades. Leveraged trading carries a high degree of risk and may not be suitable for all investors.
As an Forexjourney account holder, you’re entitled to our Negative Balance Protection program, which means that you can never lose more than you have deposited; nonetheless, a small market movement can result in a substantial loss of funds. Our Trading Platform automatically calculates your margin requirements before executing any order, and checks the level of available funds before any request to withdraw funds is made.
The margin requirements become relevant, whenever you wish to increase Exposure in the account, either by opening a new trade, or by requesting to withdraw funds, while you keep open positions in the account. Specific margin requirements take into account the potential risk of the open positions, based on volatility, liquidity and pricing availability, of any given asset. This is the reason for increased margin requirement during and around trading breaks.
Traders can now enjoy the benefits of CFDs along with our other tradable options.…
Contract Expiry
Traders can now enjoy the benefits of CFDs along with our other tradable options. Every contract of a CFD has a certain amount of time it can be traded, ending with an expiration date. After the expiration date, the contract can no longer be traded and all positions must be closed.
If the market price reaches a price indicated by an Order such as: a buy limit, buy stop…