Index.php

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

Our trading options are advanced enough for knowledgeable traders yet easy enough for those with less experience. Whatever your Forex experience, we've got an option that matches your requirements.

We assist traders utilizing Forex as an asset class to meet part of their trading portfolio. Our trading platform gives you access to the most recent market information and we provide exceptional customer support. Our pricing and liquidity is sourced from multiple destinations in Forex markets. At AxiTrader, our focus is always on service, integrity and execution. We make every effort more difficult to be the very best-- it's what separates us from our competitors and makes us one of Australia's biggest domestic Forex brokers. Our vision is to keep providing remarkable stock trading forums usa (simply click the next internet page) assistance and become the world's leading service provider of online forex trading services.


How do we keep our spreads low?

In almost a years of company, AxiTrader has actually developed an extensive network of tier one prime brokers and liquidity providers; worldwide banks and financial institutions. Working with these trusted sources we have access to a broader pool of liquidity that allows us to retain regularly low spreads and pass them on to our customers.

We provide this best spread commodity prices to our clients through financial investments in innovation. With a world-class rates engine and a worldwide network of servers we're able commodity prices to electronically aggregate real-time rates from our liquidity providers and recognize the best available quote and offer.

As an outcome, our prices will reflect even the smallest cost changes in near to real-time, for each worldwide currency set, bringing you as close as possible to institutional-grade commodity prices.








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. Put simply, when the position is closed, you'll get the profit or incur the loss on that difference.

If you have bought gold for $1600, you do not have an ounce of gold that you can hold, rather you purchased a contract from AxiTrader managed forex programs that will increase in value if the Gold price increases. When you trade a CFD you're hypothesizing on the movement of the cost only, rather than standard stocks where you acquire a physical asset. When integrated with leverage, CFDs provide you fast, cost-efficient and versatile exposure to a host of international monetary items.

WHY TRADE CFDS?
- If you're looking to buy the rate movements of instruments, rather than acquiring physical assets
- To make the most of speedy variations in the underlying instrument or security. This is popular with short-term financiers seeking to profit from overnight and intra-day movements in the market
- To make the most of leverage and spread capital across a range of different instruments instead of tie it up in a single 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 $1600.00, it indicates an ounce of gold is traded at US$ 1600.00. The price of silver is its rate per ounce in USD.

If you sell it for $1605.00, you have actually made profit of $5 for every ounce (system) of gold in your contract. If you have actually bought silver (XAGUSD) for $28.00 and offer 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 contracts are based upon the pertinent futures exchange price. Since they are associated to a definitive date, futures contracts expire. There are many months traded and the forward rates can be higher or lower depending upon market conditions.

In order to get rid of final day volatility, at AxiTrader we change from utilizing the front month contract into the 2nd month's contract one trading day prior to the exchange expiry.

When the Australian SPI contract for March ends, an example of this is. The June rate has to be utilized and the price on the AxiTrader MT4 platform may increase or decrease depending on the value of the June contract relative to the March contract. This is certainly not a price rise or fall in the SPI however simply a transfer to a brand-new recommendation price, for that reason no profit or loss will be sustained as an outcome.

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

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



Your Position: 10 Buy contracts.

It closes on the old Bid rate of 5050 and reopens on the new Ask cost of 5001 if your position is a Buy. Due to the fact that you remain in a Buy and the brand-new market cost has actually reduced, your open trade P&L has made a loss. As a result you will receive a favorable adjustment quantity in your swap column equivalent to the difference of the old bid and the new ask.

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



Your Position: 10 Sell contracts.

It closes on the old Ask price of 5051 and reopens on the brand-new Bid cost of 5000 if your position is a Sell. Since you are in a Sell and the new market price has decreased, your open trade P&L has made a gain. 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 get (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 prior to 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 on the ICE futures rate (Front-Spot Month). This futures price is the biggest rate standard for the global oil market.

Futures contracts expire since they belong to a conclusive date. There are lots of 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 second month's contract one trading day prior to the exchange expiry.

When the WTI (West Texas Intermediate) contract for September expires, an example of this is. The October price has to be utilized 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 but just a move to a brand-new recommendation rate and for that reason 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 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 employment opportunity.

Net financial impact is 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 result is absolutely no.


The rate of silver is its cost per ounce in USD. The June cost needs to be utilized 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 cost of 5050 and resumes on the brand-new Ask cost of 5001. If your position is a Sell, it closes on the old Ask price of 5051 and resumes on the new Bid price of 5000. The October rate needs to be utilized 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.



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.