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Back in 2007, AxiTrader was established on an easy idea: to be the broker we had actually wish to trade with. We've given that grown to turn into one of Australia's largest and leading Forex brokers.

As we're traders too, we understand you desire a terrific 24-hour service, tight spreads and quick execution with minimal slippage. That's what we provide. Our trading solutions are advanced enough for knowledgeable traders yet easy enough for those with less experience. Whatever your Forex experience, we've got an option that fits your needs.

We help traders using forex currencies as an asset class to meet part of their trading portfolio. Our trading platform offers you access to the most recent market information and we provide extraordinary client support. Our pricing and liquidity is sourced from numerous locations in Forex markets. At AxiTrader, our focus is constantly on service, stability and execution. We strive more difficult to be the very best-- it's exactly what separates us from our competition and makes us one of Australia's largest domestic Forex brokers. Our vision is to keep providing remarkable trading support and end up being the world's leading service provider of online foreign exchange trading services.








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

If you have actually purchased gold forex trading strategies 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 price increases. For instance, when you trade a CFD you're speculating on the movement of the price only, rather than traditional stocks where you acquire a physical asset. orex message board When integrated with leverage, CFDs give you quick, affordable and versatile direct exposure to a host of international monetary items.

WHY TRADE CFDS?
- If you're aiming to invest in the cost movements of instruments, rather than purchasing physical assets
- To take benefit of speedy variations in the underlying instrument or security. This is popular with short-term investors planning to profit from overnight and intra-day movements in the market
- To take benefit of leverage and spread capital throughout a range of different instruments instead of 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.
The rate of gold is measured by its weight. For that reason, the price demonstrates how much it costs for one ounce of gold in United States dollars. If the gold (XAUUSD) cost is $1600.00, it means an ounce of gold is traded at US$ 1600.00. The rate of silver is its price per ounce in USD. If the silver (XAGUSD) price is 28.00, it suggests that an ounce of silver is traded at US$ 28.00.

If you sell it for $1605.00, you have actually made profit of $5 for every ounce (device) of gold in your contract. If you have actually bought silver (XAGUSD) for $28.00 and sell at $28.50, you would have made a profit of $0.50 for every ounce of silver in your contract.

INDEX FUTURES ROLLOVERS EXPLAINED.
AxiTrader's Index agreements are based upon the pertinent futures exchange cost. Futures agreements expire due to the fact that they belong to a conclusive date. There are many months traded and the forward rates can be higher or lower depending upon market conditions.

In order to get rid of last day volatility, at AxiTrader we change from utilizing the front month contract into the second month's contract one trading day prior to the exchange expiry.

When the Australian SPI contract for March expires, an example of this is. The June cost needs to be utilized and the cost on the AxiTrader MT4 platform may increase or decrease depending upon the value of the June contract relative to the March contract. This is undoubtedly not a cost increase or fall in the SPI but just a transfer to a brand-new reference cost, therefore no profit or loss will be sustained as an outcome.

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

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



Your Position: 10 Buy agreements.

If your position is a Buy, it closes on the old Bid rate of 5050 and resumes on the new Ask rate of 5001. Your open trade P&L has actually made a loss since you are in a Buy and the brand-new market price has actually reduced. As an outcome you will receive a positive adjustment quantity in your swap column equal to the difference of the old bid and the brand-new ask.

You will receive (5050-5001) * 10 contracts = $490AUD.



Your Position: 10 Sell contracts.

It closes on the old Ask rate of 5051 and resumes on the brand-new Bid cost of 5000 if your position is a Sell. Your open trade P&L has actually made a gain due to the fact that you are in a Sell and the new market price has decreased. As an outcome you will get an unfavorable adjustment amount in your swap column equal to the difference of the old ask and the brand-new bid.

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

Accounts will be money adjusted 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 before the 3rd Friday of expiry month.
FT100 Future-- Close of business on the day before the 3rd Friday of expiry month.
DJ30 Future-- Close of business on the Wednesday the week prior to the 3rd Friday of expiry month.
SPI200 Future-- Close of business one day before the 3rd Thursday of expiry month.

OIL ROLLOVER EXPLAINED.
AxiTrader's oil contract (WTI) is based upon the ICE futures rate (Front-Spot Month). This futures price is the largest cost benchmark for the global oil market.

Since they are associated to a conclusive date, futures contracts expire. There are numerous months traded and the forward commodity prices can be greater or lower depending upon market conditions.

In order to eliminate last day volatility, at AxiTrader we switch from utilizing the front month contract into the 2nd month's contract one trading day prior to the exchange expiry.

When the WTI (West Texas Intermediate) contract for September ends, an example of this is. The October cost needs to be used and the rate on the AxiTrader MT4 platform may increase or decrease, depending on the value of the October contract relative to the September contract. This is undoubtedly not a rate increase or fall in oil however just a relocate to a new referral cost and therefore no profit or loss will be incurred as an outcome.

In order to ensure this does not impact our customers, a cash adjustment requires to be made. This is explained in the following examples:.



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 open position.

Net monetary result is absolutely no.



example of forex trading plan 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 incurred on employment opportunity.

Net financial result is no.


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