WORLD'S NO. 1 ONLINE FINANCIAL DERIVATIVES BROKER

TRADING CONDITIONS

Enjoy the best trading conditions in the industry for products including forex, metals, shares, indices, commodities, cryptocurrencies and more!

ACCOUNT BASE CURRENCIES

USD, GBP, EUR, CHF, AUD, NZD, CAD

Minimum deposit amount is $50

xtracts.org's platforms operate during standard interbank forex market trading hours opening at 00:00 GMT+3 time on Monday and closing at 23:59 GMT+3 time on Friday. One of the advantages of these time settings is that the charts on our platforms can be viewed in a standard 5 trading-day week for the most accurate analysis and easier reporting.



Trading Conditions Updates


  • The contract size of the Nikkei225 changed from 1 to 100.
  • We have added new pairs to our crypto derivatives, you may trade now on ADAUSD, BCHUSD, DOTUSD, EOSUSD, LNKUSD, LTCUSD.
  • Due to the recent increase in interest rates across all central banks and the huge increase in the cost of carry of the Natural Gas commodity, the Natural Gas instrument will not be swap-free anymore.

MARGIN requirements

Margin trading can be a useful method to boost your equity, enabling you to make profits without having to increase your deposits. Margin trading also comes a risk of you sustaining losses in excess of your deposited funds. Please refer to specific risk warning for each regulated entity during the account opening process.

Forex

  • One standard lot = 100,000 units of the base currency

Under leverage rate of 1:100

  • Margin per lot = 1,000 units of the base currency
  • Margin for 1 lot of USDJPY = $1,000
  • Margin for 1 lot of EURUSD= €1,000
  • The currency pair is automatically converted from the base currency to the quote currency at the exchange rate at the exact time when the transaction is recognized.

STOP-OUT LEVEL

xtracts.org trading platforms are set to automatically close open positions when the stop-out level is reached. For all accounts, when the equity in the trading account falls below 50% of the required margin, the stop-out level will be reached. xtracts.org will automatically close open positions at ‘Market price’, releasing in the order of highest to lowest floating loss until the margin level is reached.

* When the market is experiencing swift fluctuations, there is no guarantee about the order of stop out. Instant adjustments may be made by xtracts.org according to instant market situation, clients are responsible for risks that may arise thereof. xtracts.org reserves the right of final explanation concerning the order of stop out.
* Please note that when there is a hedged position in the account, instant widening of spread may cause equity change. If that leads the equity to drop into negative, stop out will be intrigued as a result.

TIERED MARGINS ON EXOTIC PAIRS ACROSS ALL ACCOUNT TYPES

Restricted by market depth and for risk control, Maximum Lots per Click and Maximum Open Positions are as follows

MARKET MARGIN REQUIRMENT
(Up to 5M)
MARGIN REQUIRMENT
(5.01M-10M)
MARGIN REQUIRMENT
(10.01M-20M)
MARGIN REQUIRMENT
(20.01M-50M)
MARGIN REQUIRMENT
(Above 50M)
EURNOK 2.0% 3% 5% 10% 15%
EURSEK 2.0% 3% 5% 10% 15%
EURTRY 10.0% 15% 20% 25% 30%
USDCNH 2.0% 8% 15% 20% 20%
USDHKD 2.0% 10% 15% 20% 25%
USDMXN 2.0% 3% 5% 10% 10%
USDNOK 2.0% 3% 5% 10% 15%
USDSEK 2.0% 3% 5% 10% 15%
USDSGD 2.0% 10% 15% 20% 25%
USDTRY 10.0% 15% 20% 25% 30%
GBPZAR 10.0% 15% 20% 25% 30%
GBPMXN 10.0% 15% 20% 25% 30%
USDDKK 2.0% 3% 5% 10% 15%
USDZAR 2.0% 10% 15% 20% 25%

PENDING ORDERS

Clients shall calculate the account equity when reaching the pending order price, to maintain required real-time margin for the execution of pending orders. While pending orders would be automatically cancelled if the margin level is not enough for the execution of the transaction when the price level has been reached.

HEDGED POSITIONS

Hedging positions (trading long and short on the same instrument) is enabled on {$settings.site_name}’s trading platforms. Customers can choose whether to execute a hedged position which reduces the margin requirements.

Holding a hedged position does not lock in the profit/loss or guarantee the equity in the account. Hedged positions will continue to be subject to swap rates.

Open positions on hedged accounts may be closed in the event of spread widening due to thin liquidity and/or when the equity of the account reaches the stop out level.

ORDER EXECUTION

  • Quotes by {$settings.site_name} fluctuate according to the prices of our over 20 bank liquidity providers.
  • In the case of special market conditions (e.g. data, news, market opening and closing hours), there may be a price gap or widening spreads. Orders would be executed in accordance with spreads available at the time.
  • In consideration of possible gaps, Customers should consider to close their positions prior to the weekend.
  • If any disputes shall arise regarding order execution, please feel free to contact our 24-hour online customer service or call our 24-hour hotline, our customer service staff will notify the trading desk in real time. If you are not satisfied with the result, please email our technical department with your account number, order number, result, and your opinion. If you hold an open position, please close the position and appeal based on your trading intention. If the order is retained out of your will, you shall take full responsibility for profit and loss caused due to fluctuations in the market during the complaint period. {$settings.site_name} reserves the right of final explanation of this statement.
  • If your account has not been trading for three consecutive months, it will be archived as inactive. For inactive accounts, {$settings.site_name} may charge a monthly maintenance fee of $60 each month.

we keep your information secured 24/7:

*Your data is Important! Therefore protecting your information from unauthorised access and accidental disclosure is a top priority. xtracts.org pursues information security with the same commitment to excellence that we apply to understanding our clients financial needs. We work hard to protect your information. xtracts.org information security and data protection is driven by the same commitment to excellence that we apply to understanding the financial needs of our clients.

At xtracts.org, we employ a multi-layered approach to security. Among the systems we use to protect information are firewalls, malware identification programs, fraud detection systems, data loss prevention infrastructure, email filtering, virus controls and system redundancies, including network segmentation.