Index.php
Online Forex & CFD Trading
FOUNDED BY TRADERS FOR TRADERS
Because we're established by traders, we comprehend exactly what traders want. We offer access to the world's most popular trading platform, MetaTrader 4, to trade a large range of Forex, Commodities & Indices. Tight spreads and fast execution come as standard on all our accounts and, for peace of mind, we run within a safe and secure and extremely managed environment.
Devoted Account Manager
Required a direct point of contact for customised service? All AxiTrader clients instantly get a dedicated account supervisor.
Around the clock support
With offices in Sydney, London and Chisinau for around the clock trading, aid is offered at any time you need it, including MT4 assistance
Multi-lingual assistance.
Our staff originated from all over the world, so we've got a worldwide group that speaks your language, in your time zone.
AxiTrader makes every effort making Forex trading accessible to anybody.
For those who have actually never traded previously, we provide a totally free Demo account and education resources to obtain started. For more skilled traders, we have accounts with innovative functions. Our clients cover the spectrum of trading experience, including:
Day traders placing a number of trades a day
Swing traders holding trades for a couple of days
Carry traders holding positions for weeks or months
Traders interested in a genuinely global market with deep liquidity
Because we're established by traders, we understand exactly what traders want. We offer access to the world's most popular trading platform, MetaTrader 4, to trade a large variety of Forex, Commodities & Indices. For more seasoned traders, we have accounts with sophisticated functions.
CFD & Indices Basics
WHAT ARE CFDS?
CFD represents 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 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 cost boosts. For instance, when you trade a CFD you're speculating on the movement of the price only, rather than standard stocks where you acquire a physical asset. When combined with leverage, CFDs give you quick, versatile and cost-effective exposure to a host of international monetary items.
WHY TRADE CFDS?
- If you're seeking to purchase the rate movements of instruments, instead of acquiring physical assets
- To take advantage of speedy variations in the underlying instrument or security. This is popular with short-term financiers seeking to benefit from intra-day and overnight movements in the market
- To benefit from leverage and spread capital across a variety of different instruments rather than tie it up in a single investment (note: this approach can increase risk).
- As a risk Money management forex strategy tool to hedge direct exposure.
EXAMPLE GOLD CFD TRADE.
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 best forex signals free USD.
If you have purchased gold for $1600, you do not have an ounce of gold that you can hold, but you rather have the commitment to purchase XAU at US$ 1600. When you close your position, you sell the XAU and close your direct exposure. If you offer it for $1605.00, you have actually made profit of $5 for each ounce (device) of gold in your contract. The same principle uses to silver trading. If you have actually purchased silver (XAGUSD) for $28.00 and cost $28.50, you would have made 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. Futures contracts expire because they belong to a definitive date. There are lots of months traded and the forward costs can be higher or lower depending on market conditions.
In order to eliminate final day volatility, at AxiTrader we change 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 needs 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 certainly not a rate rise or fall in the SPI but just a relocation to a brand-new reference rate, 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 how to make forex trading plan 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 price of 5050 and reopens on the brand-new Ask price of 5001 if your position is a Buy. Since you are in a Buy and the new market price has decreased, your open trade P&L has made a loss. As a result you will receive a positive 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 contracts = $490AUD.
Your Position: 10 Sell agreements.
If your position is a Sell, it closes on the old Ask price of 5051 and resumes on the new Bid cost of 5000. Because you are in a Sell and the new market rate has reduced, your open trade P&L has actually made a gain. As an outcome you will get an unfavorable adjustment amount in your swap column equal to the difference of the old ask and the new bid.
You will get (5051-5000) * 10 contracts = -$ 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 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 prior to 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 prior to 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 rate is the biggest price benchmark for the international oil industry.
Since they are associated to a definitive date, futures contracts expire. There are many months traded and the forward commodity prices can be greater or lower depending upon market conditions.
In order to remove 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 ends, an example of this is. The October cost requires to be utilized and the price on the AxiTrader MT4 platform may increase or decrease, depending upon the value of the October contract relative to the September contract. This is certainly not a Visit Website price increase or fall in oil however just a transfer to a new reference cost and for that reason no profit or loss will be sustained 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 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 open position.
Net financial effect 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 sustained on open position.
Net monetary effect is absolutely no.
The price of silver is its rate per ounce in USD. The June cost requires to be used and the price 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 reopens on the new Ask price of 5001. If your position is a Sell, it closes on the old Ask price of 5051 and resumes on the new Bid rate of 5000. The October rate needs 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.