In brokerage, there are two different execution types, namely instant execution and market execution.
All the major LPs and majority of A-book brokers are working by market execution types. Same here at UAGTRADE, we implement market execution as STP broker.
At UAGTrade, currently we have a 5+1 daily candle week for all clients, as this is related to the data feed for pricing and GMT timing is depending to our liquidity provider. The 5 daily candle is per usual weekly candle from Monday to Friday, however we have 1 extra daily candle due to Sunday candle, containing 2-3 candle of H1 time-frame candle from 21:05 to 24:00 as our server time is GMT+0.
Margin & Leverage
Forex, precious metals, energies, and index CFDs are leveraged product. Leverage provides trader with the ability to control large amounts of capital using less money. In order to open a buy or sell position in trading, certain minimum margin is required. Higher leverage allows lesser margin needed to open a position, so with higher leverage trader can open more position. Thus, the higher the leverage, the higher the level of risk and that is why we offer our clients proper trading conditions as per below.
It is advised that you should trade with suitable risk and money management, take great care of your margin level as it is the sign of your account’s health. Once reaching a margin call level, you should either close off positions to free up margin or add additional funds to increase available margin.
Swap Rate & Financing Fees
A swap or financing fees is interest paid or received for a holding a position over end of day called as rollover. Swap, is for anything related with forex currency pair interest rate, which is paid on the currency sold and received on the currency bought, driven by interbank spread. On the other hand, financing fees is for CFDs, reflecting the cost of borrowing and lending the assets, related to dividends being paid out.
A spread is the difference between bid price and the ask price. In trading, when you want to sell you will get the bid price, whereas when you want to buy you will get the ask price. Kindly download and install our MT4 platform in order to see the live spread for Standard and ECN account as the spread differ according to account types.