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:
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.