Lot size is the trading unit for buying and selling transactions, for example 1 Hand London Gold 100 ounce, Foreign exchange trading 1 Hand representative 100, 000 Base currency, But not necessarily 100, 000 dollar. If your base currency is US dollars, Then one hand represents 100, 000 dollar, If your base currency is Euro, That hand represents 100, 000 euro.

Bid price Bid Price You are in the foreign exchange market, Sell the base currency and buy the quoted currency at the same time, It is displayed on the left side of the quotation sheet. inquiry Ask Price You buy the base currency and sell the quoted currency price in the foreign exchange market, It will be displayed on the right side of the quotation sheet. for example, euro/The quotation in US dollars is 1. 13452/72, The buying price is 1. 13472. This means you can use 1. 13472 Buy in US dollars 1 euro. Customer inquiry price is sometimes referred to as bank acquisition price. Price difference refers to the difference between buying and selling (spread) , It is also a transaction cost for customers.

Simply put, Leverage provides customers with trading ability beyond their account funds. Utilize leverage, Customers do not need to pay all the required funds to double their trading of a certain financial instrument, This actually means that you have borrowed a certain amount of funds required for investment. Therefore, when using leveraged trading, What you have paid is only a portion of the total value of the position.

Every time you open a new warehouse, A specific percentage of the remaining funds in your account will be withheld, The detained portion will be the margin for opening new positions for financial products. Currency pairs at the current price, The quantity and margin level of your transactions will determine the margin level you need to reserve for each transaction, The amount of these deposits is usually indicated in the base currency. When the value of a position changes, The required margin will be calculated based on the latest position value.

Maintaining margin is the minimum asset value that investors should have in their account to maintain holding of a certain position. The margin ratio is equal to the available margin divided by the net asset value of the account, And the available margin is the net asset minus the margin required to establish an existing position (Used margin) .

The margin will be adjusted in real-time based on the value of the position.  

Dynamic margin = Current value of the contract * Margin level (%)  

for example, Assuming you have opened a 200: 1 Leverage or 0. 5%Deposit account. If you use a deposit to open a mini trading position, Then you don't need to use the full amount$10, 000, You only need to provide$50 The margin ($10, 000 x 0. 5%=$50) . When the value of the position rises to$11, 000 When, Your margin will be adjusted to ($11, 000 x 0. 5%=$55) .

Maintaining margin refers to the minimum amount of margin that needs to be maintained in your account when holding a position.  

Maintain margin = Real time value of contracts * Maintain the margin ratio (%)  

Maintain the margin ratio (%) = Margin level (%) * 50%

When you hold a currency pair position for more than a specific period of time (The overnight fee settlement time) , Your account will be charged/Deposit the corresponding overnight fee (Also known as warehouse interest) .

When trading a currency pair, The two currencies involved have overnight fees themselves, The currency you purchase can earn interest, The currency you are selling, Then interest needs to be paid. The difference in interest between the two in a currency pair determines what you need to be charged/Deposit (-/+) Overnight fees corresponding to the product.

*The overnight fee settlement time is UTC 22: 00 (Winter Time) , Please note that the system display may change according to the customer's time zone, Recommend customers to check the local time for overnight fee settlement in the product contract details.

Every day Mitrade Settlement time UTC 22: 00 (Winter Time) Customers holding currency open positions, They may all be charged/Deposit the corresponding overnight fee for the product (Also known as warehouse interest) . Please note that the time zone may change according to the customer's local settings.

The calculation formula for daily overnight fees varies depending on the product category and trading direction, And close on the trading day of the product (End of Day, EOD) Price calculation; Only the borrowed portion of stocks and cryptocurrencies will be collected, Specifically, as follows:

Stocks and Cryptocurrencies
Buy position: Number of trading lots * Quantity per contract unit * Daily closing selling price * Daily overnight fee percentage (%) * (Leverage ratio-1) /Leverage ratio
Sell position: Number of trading lots * Quantity per contract unit * Daily closing buying price * Daily overnight fee percentage (%) * (Leverage ratio-1) /Leverage ratio

foreign exchange, Commodity and index categories
Buy position: Number of trading lots * Quantity per contract unit * Daily closing selling price * Daily overnight fee percentage (%)
Sell position: Number of trading lots * Quantity per contract unit * Daily closing buying price * Daily overnight fee percentage (%)

Any position held at the settlement time is considered an overnight position;
Established after settlement time/The overnight fee will only be calculated for the position held the next day. If in UTC 21: 59 (Winter Time) Open and maintain a position, This position will be UTC 22: 00 (Winter Time) Calculated daily overnight fee, And reflected in the detailed position information.

Daily overnight fee percentage and overnight fee settlement time, Please refer to the contract details on the inner page of the trading product.

Assuming you purchase 1 hand EUR/USD contract, The opening price is 1. 13594, The applicable daily overnight percentage is -0. 0126%, You need to consider EUR/USD Daily closing selling price (End of Day, EOD) . hypothesis EOD The price is 1. 13520/1. 13527, The overnight fee for this trading day is calculated as follows:  
Number of trading lots × Contract size × EOD Selling price × Daily overnight percentage (％)  
1 hand × 100, 000 euro × 1. 13520 × -0. 0126％ = 14. 30 dollar 

Assuming that you 5 Sell with double leverage 100 hand TESLA contract, The opening price is 171. 74, The applicable daily overnight percentage is-0. 0214％, You need to consider TESLA Daily closing buying price (End of Day, EOD) . hypothesis EOD The price is 171. 92/172. 23, The overnight fee for this trading day is calculated as follows:
Number of trading lots × Contract size × EOD Purchase price × Daily overnight percentage (％) × (lever-1) / lever 
100 hand × 1 thigh × 172. 23 × -0. 0214％ × (5-1) /5 = 2. 95 dollar

balance = deposit – drawing + Total profit and loss of closed positions (Profit excluding current open positions/loss )

net worth = balance + Profit and loss of open positions + Overnight fee for open positions

Account net worth (Equity) The cash account value after clearing all positions, That is to say, it truly reflects the disposable funds of your trading account at the current market price conversion.

balance (Balance)   It does not calculate the floating profit and loss of positions, And the net value will calculate the floating profit and loss of open contracts.
Net worth in the absence of a single entity = balance.

The profit and loss of all positions are as follows, Excluding overnight fee costs/income
Total profit and loss (purchase) = (Current selling price - Opening price) * Number of trading lots * Contract unit
Total profit and loss (sell out) = (Opening price - Current purchase price) * Number of trading lots * Contract unit

The profit and loss of all positions plus overnight fee costs/income
Net profit and loss (purchase) = (Current selling price - Opening price) * Number of trading lots * Contract unit + Overnight fee
Net profit and loss (sell out) = (Opening price - Current purchase price) * Number of trading lots * Contract unit + Overnight fee

The available balance is the remaining balance of the account after deducting the used margin and the floating profit and loss of the position (Can be used to open new positions or withdraw account balances)
Available balance = balance + Profit and loss of open positions + Overnight fee for open positions - Initial total margin amount

"order" Refers to a setting where a new warehouse is opened at a specified price on the platform. Investors can preset the order opening level, But closing positions cannot be set outside of the trading hours of the financial product.

example:
The buying price for gold is per lot$1300. 05 dollar. You have placed a price at$1298. 00 Multiple orders in US dollars.
During a price fluctuation, Purchase price from $1300. 05 The US dollar dropped in one breath $1296. 40 dollar.
At this point, your order will be $1296. 40 The price for opening a warehouse, Because this price is the first optimal tradable price after your specified price is exceeded.

Usually, the mainstream is to separate buying and stop loss (buy stop) , Sell Stop (sell stop) , Buy limit price (buy limit) , Sell limit price (sell limit) Four types, and Mitrade All provided. Stop disc (include buy & sell) , In addition to being used as a stop loss for the original position, It can also be used as a chase (buy stop) /Chasing the Sky (sell stop) The strategy of time, and limit disc (include buy & sell) , Usually used to place orders and hope to go long at a lower price than the market price (buy limit) /Short selling at a price higher than the market price (sell limit) .

Stop loss limit orders allow you to set an automatic closing price in advance, To avoid significant losses to your position caused by price fluctuations, And control your losses. When your position value reaches or exceeds (When the price fluctuation is too large, it may cause the price to fluctuate in a bouncing manner) At this price point, The stop loss order will be activated and automatically close your position.
 
This feature cannot guarantee the exact closing price, Fluctuations in the market sometimes lead to market fluctuations "Slide point" The situation is related to. When the market price reaches or even exceeds your pre-set stop loss point, Your position will be closed at the following optimal price that can be closed.

Tracking stop loss order is one of the types of stop loss orders, Follow the latest price and set a stop loss that is fixed points away from the latest price, Triggered only when the market price changes in a favorable direction for the position.

example: You are 1. 14106 Buy Euro at the price/After the US dollar, Simultaneously set 500 Point tracking stop loss order, If the price rises to 1. 14606, Your stop loss will also increase from the initial level 1. 13606 Rising to 1. 14106 (500 Number of points)   . Then your stop loss position will be maintained at 1. 14106, Unless the price moves in a direction that is favorable for your holding.

Investors can use trailing stop loss to lock in the stop loss amount and reduce the risk to an acceptable range without limiting their profit margin.