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Back in 2007, AxiTrader was founded on a basic concept: to be the broker we had actually want to trade with. We've given that grown to turn into one of Australia's largest and leading forex exchange rate today brokers.

Our trading solutions are sophisticated enough for seasoned traders yet simple enough for those with less experience. Whatever your forex daily forecast [http://forex-kualalumpur.com/] experience, we've got a solution that fits your requirements.

We help traders utilizing Forex as an asset class to satisfy part of their trading portfolio. Our trading platform gives you access to the most recent market data and we deliver extraordinary customer support. Our rates and liquidity is sourced from numerous locations in Forex markets. At AxiTrader, our focus is always on execution, service and integrity. We make every effort more difficult to be the finest-- it's what separates us from our competition and makes us among Australia's biggest domestic Forex brokers. Our vision is to keep delivering remarkable trading assistance and end up being the world's leading carrier of online forex trading services.








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

If you have actually bought gold for $1600, you do not have an ounce of gold that you can hold, rather you bought a contract from AxiTrader that will increase in value if the Gold price boosts. When you trade a CFD you're hypothesizing on the movement of the rate just, rather than conventional stocks where you purchase a physical asset. When integrated with leverage, CFDs provide you quick, cost-effective and versatile direct exposure to a host of worldwide monetary products.

WHY TRADE CFDS?
- If you're seeking to purchase the cost movements of instruments, instead of buying physical assets
- To benefit from swift changes in the underlying instrument or security. This is popular with short-term investors planning to benefit from overnight and intra-day movements in the market
- To benefit from leverage and spread capital throughout a variety of various instruments instead of tie it up in a single investment (note: this approach can increase risk).
- As a risk management tool to hedge exposure.

EXAMPLE GOLD CFD TRADE.
The price of gold is determined by its weight. For that reason, the rate shows how much it costs for one ounce of gold in US dollars. For instance, if the gold (XAUUSD) price is $1600.00, it means an ounce of gold is traded at US$ 1600.00. Similarly, the cost of silver is its rate per ounce in USD. It suggests that an ounce of silver is traded at US$ 28.00 if the silver (XAGUSD) cost is 28.00.

If you offer it for $1605.00, you have made profit of $5 for every ounce (unit) of gold in your contract. If you have purchased 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 on the relevant futures exchange cost. Since they are related to a definitive date, futures contracts expire. There are lots of months traded and the forward rates can be greater or lower depending upon market conditions.

In order to get rid of last day volatility, at AxiTrader we change from forex daily forecast 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 cost has to be used and the rate on the AxiTrader MT4 platform may increase or decrease depending on the value of the June contract relative to the March contract. This is clearly not a price increase or fall in the SPI however just a relocate to a brand-new referral cost, therefore no profit or loss will be incurred as an outcome.

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

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



Your Position: 10 Buy contracts.

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

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



Your Position: 10 Sell contracts.

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

You will get (5051-5000) * 10 agreements = -$ 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 trader forex of the contract month.
CAC40 Future-- Close of business on the day before 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 prior to 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 before 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 price (Front-Spot Month). This futures cost is the largest cost benchmark for the worldwide oil industry.

Futures contracts expire since they belong to a conclusive date. There are many months traded and the forward costs 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 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 rate has to be utilized and the rate on the AxiTrader mt4 spread indicator platform may decrease or increase, depending on the value of the October contract relative to the September contract. This is obviously not a price rise or fall in oil but simply a transfer to a new referral price and therefore no profit or loss will be incurred as an outcome.

In order to ensure this does not influence our clients, 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 financial result is zero.



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 incurred on open position.

Net monetary effect is absolutely no.


The cost of silver is its rate per ounce in USD. The June price requires to be utilized and the rate on the AxiTrader MT4 platform may 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 new Ask cost of 5001. If your position is a Sell, it closes on the old Ask rate of 5051 and resumes on the new Bid price of 5000. The October cost requires to be used and the rate 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 signals for trading forex 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.