Index.php

Back in 2007, AxiTrader wased established on a basic concept: to be the broker we had actually want to trade with. We've because grown to become one of Australia's largest and leading Forex brokers.

Our stock trading techniques options are sophisticated enough for experienced traders yet easy enough for those with less experience. Whatever your Forex experience, we've got an option that suits your requirements.

We assist traders using Forex as an asset class to satisfy part of their trading portfolio. Our trading platform provides you access to the current market information and we deliver exceptional customer support. Our commodity prices and liquidity is sourced from several destinations in Forex markets. At AxiTrader, our focus is always on execution, service and stability. We strive more difficult to be the finest-- it's what separates us from our competition and makes us one of Australia's biggest domestic Forex brokers. Our vision is to keep delivering exceptional trading support and end up being the world's leading provider of online forex daily Analysis trading services.








CFD & Indices Basics
WHAT ARE CFDS?
CFD stands for Contracts for Difference, with the difference being between where you enter a trade and where you exit. Merely put, when the position is closed, you'll receive the profit or sustain the loss on that difference.

If you have purchased gold for $1600, you do not have an ounce of gold that you can hold, rather you purchased a contract from AxiTrader that will increase in value if the Gold rate boosts. When you trade a CFD you're hypothesizing on the movement of the cost only, rather than traditional stocks where you acquire a physical asset. When combined with leverage, CFDs provide you quick, economical and versatile exposure to a host of international financial products.

WHY TRADE CFDS?
- If you're seeking to purchase the rate movements of instruments, instead of purchasing physical assets
- To take benefit of speedy variations in the underlying instrument or security. This is popular with short-term financiers aiming to make gutes money management forex from intra-day and overnight movements in the market
- To benefit from leverage and spread capital throughout a range of various instruments rather than tie it up in a single financial investment (note: this method can increase risk).
- As a risk management tool to hedge exposure.

EXAMPLE GOLD CFD TRADE.
If the gold (XAUUSD) price is $1600.00, it implies an ounce of gold is traded at US$ 1600.00. The cost of silver is its cost per ounce in USD.

If you have bought gold for $1600, you do not have an ounce of gold that you can hold, however you rather have the responsibility to buy XAU at US$ 1600. When you close your position, you sell the XAU and close your exposure. You have made profit of $5 for every ounce (unit) of gold in your contract if you offer it for $1605.00. The exact same idea applies to silver trading. If you have bought silver (XAGUSD) for $28.00 and cost $28.50, you would have earned a profit of $0.50 for each ounce of silver in your contract.

INDEX FUTURES ROLLOVERS EXPLAINED.
AxiTrader's Index contracts are based upon the pertinent futures exchange rate. Since they are related to a conclusive date, futures agreements expire. There are numerous months traded and the forward rates can be greater or lower depending on market conditions.

In order to remove last day volatility, at AxiTrader we switch from using the front month contract into the second month's contract one trading day prior to the exchange expiry.

An example of this is when the Australian SPI contract for March ends. The June rate requires to be used and the price on the AxiTrader MT4 platform might increase or decrease depending upon the value of the June contract relative to the March contract. This is undoubtedly not a price increase or fall in the SPI but just a relocate to a brand-new reference cost, for that reason no profit or loss will be sustained as a result.

In order to guarantee this does not impact our clients, a cash adjustment needs to be made. This is discussed in the copying:.

SPI March closes at 5050/5051 and SPI June opens at 5000/5001.



Your Position: 10 Buy agreements.

It closes on the old Bid cost of 5050 and reopens on the new Ask cost of 5001 if your position is a Buy. Your open trade P&L has made a loss since you are in a Buy and the brand-new market cost has actually decreased. As a result you will receive a favorable adjustment amount in your swap column equivalent to the difference of the old bid and the brand-new ask.

You will get (5050-5001) * 10 agreements = $490AUD.



Your Position: 10 Sell agreements.

It closes on the old Ask rate of 5051 and reopens on the brand-new Bid cost of 5000 if your position is a Sell. Because you are in a Sell and the brand-new market cost has decreased, your open trade P&L has actually made a gain. As a result you will receive a negative adjustment quantity in your swap column equivalent to the difference of the old ask and the new bid.

You will get (5051-5000) * 10 contracts = -$ 510AUD.

Accounts will be cash changed on positions held at the following times:.

HSI Future-- Close of business on the day 3rd to last business day of the contract month.
CAC40 Future-- Close of business on the day prior to the 3rd Friday of expiry month.
DAX30 Future-- Close of business on the day before the 3rd Friday of expiry month.
S&P Future-- Close of business on the Wednesday the week prior to the 3rd Friday of expiry month.
FT100 Future-- Close of business on the day prior to the 3rd Friday of expiry month.
DJ30 Future-- Close of business on the Wednesday the week before the 3rd Friday of expiry month.
SPI200 Future-- Close of business one day prior to the [empty] 3rd Thursday of expiry month.

OIL ROLLOVER EXPLAINED.
AxiTrader's oil contract (WTI) is based on the ICE forex risk management ppt futures cost (Front-Spot Month). This futures price is the biggest cost benchmark for the worldwide oil market.

Because they are related to a definitive date, futures contracts expire. There are many months traded and the forward costs can be higher or lower Forex Copy Trading depending upon market conditions.

In order to remove last day volatility, at AxiTrader we switch from using the front month contract into the second month's contract one trading day prior to the exchange expiry.

An example of this is when the WTI (West Texas Intermediate) contract for September ends. The October cost has to be utilized and the price on the AxiTrader MT4 platform might increase or decrease, depending on the value of the October contract relative to the September contract. This is undoubtedly not a cost rise or fall in oil however just a transfer to a brand-new recommendation cost and therefore no profit or loss will be incurred as an outcome.

In order to ensure this does not influence our customers, a cash adjustment has to be made. This is explained in the copying:.



Example 1: Long position of 1000 barrels.

September Contract closes @ $110.00.

October Contract opens @ $111.38.

Cash adjustment of-- $1,380 is made on account.

Profit of $1,380 is made on employment opportunity.

Net financial result is absolutely no.



Example 2: Short position of 2000 barrels.

September Contract closes @ $110.00.

October Contract opens @ $111.38.

Cash adjustment of +$ 2,760 is made on account.

Loss of $2,760 is sustained on employment opportunity.

Net monetary impact is absolutely no.


The price of silver is its price per ounce in USD. The June rate requires to be used and the rate on the AxiTrader MT4 platform might increase or decrease depending on the value of the June contract relative to the March contract. If your position is a Buy, it closes on the old Bid price of 5050 and resumes on the new Ask rate of 5001. If your position is a Sell, it closes on the old Ask rate of 5051 and reopens on the new Bid price of 5000. The October cost needs to be used and the cost on the AxiTrader MT4 platform might decrease or increase, depending on the value of the October contract relative to the September contract.



AxiTrader is a registered business name of AxiCorp Financial Services Pty Ltd (AxiCorp). AxiCorp (ACN 127 606 348) is authorised and regulated by the Australian Securities & Investments Commission (ASIC) AFSL number 318232. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors. You could lose substantially more than your initial investment. When acquiring our derivative products you have no entitlement, right or obligation to the underlying financial asset. AxiCorp is not a financial adviser and all services are provided on an execution only basis. AxiCorp is authorised to provide general advice only and information is of a general nature only and does not take into account your financial objectives, personal circumstances. AxiCorp recommends that you seek independent personal financial advice. A Product Disclosure Statement (PDS) for our financial products and our Financial Services Guide (FSG) are available at www.axitrader.com or can be obtained free of charge by calling AxiCorp on 1300 888 936 (+61 2 9965 5830). The PDS and FSG are important documents and should be reviewed prior to deciding whether to acquire, hold or dispose of AxiCorp’s financial products or services. The information on this website is for Australian residents only.