IUXTRADE offers a $30 Welcome Standard Bonus for new traders. How do I reset my bonus?Bonuses cannot be reset once fully used. How do I withdraw my bonus?Bonuses are non-withdrawable and are intended as a trading incentive to help increase investment opportunities. Profits earned from trading with the bonus may...
Swap is a fee charged when the client holds a position overnight. It is calculated daily between 5:00 AM – 6:00 AM (GMT+7). Swap Calculation Rules Swap Calculation Formula Example Calculations 1. Example 1: Buy Position 1 Night Swap Fee Calculation: (0.5×−8.9) = −$4.45 per night Total Swap from Monday to Thursday: 2. Example...
Spread is a fee that arises from the difference between the Bid (selling price) and Ask (buying price) in asset trading, such as BTCUSD (CFD), ETHUSD (CFD), and LTCUSD (CFD). Each asset has a different spread calculation. Spread Calculation Formula [Spread * (Contract Size * (10 ** -Digit) * Lot)]...
Margin is the required amount of funds needed to open a trade. It acts as collateral to maintain an open position and is calculated based on lot size, contract size, leverage, and exchange rate. Understanding how margin is calculated is essential for managing trading risks effectively. Margin Calculation Formula For...
IUXTRADE presented you with a free $30 bonus from our new account. This bonus can be a starting point for our clients to start trading with confidence and also increase trading potential. To receive a free $30 bonus from the Welcome Standard account, you will be a new client who...
Understanding how to calculate profit and loss in trading is essential for managing risk and making informed trading decisions. The following formula helps determine the profit or loss from a trade based on the difference between the opening and closing prices. Profit and Loss Calculation Formula Step Calculation Formula Explanation...
Pip Value Calculation Pip value = (Contract size x Lot) x 10^- digit) / exchange rate whereas, Example BUY USDJPY (CFD) 0.05 Lot, Contract Size 100,000, Digit 3, Exchange rate USDJPY (CFD) 145.18 Pip Value = ((100,000 x 0.05) x (10^-3)) = 5 JPY = 5 JPY / 145.18 =...
To ensure efficient trading and alignment with market conditions, IUXTRADE has established minimum and maximum trade sizes for each asset class on the MT5 platform. These requirements help traders manage risk and develop appropriate investment strategies. Asset Type Minimum Lot Size Maximum Lot Size per Order Maximum Lot Size per...
In the event of economic news, market volatility, or high-frequency trading, the Liquidity Provider will adjust leverage accordingly as below: If you have any questions or concerns, please contact us at [email protected].
Take Profit and Stop Loss orders are key positioning directives for managing investment risk. To trade securities, stop-loss and take-profit options can be used with any broker’s trading software. In the absence of the TP/SL command, contact your service provider because it is a crucial tool for trading.
A Margin Call is a risk management measure that alerts traders when their margin level is too low, helping them manage their trading strategies. The margin call level varies by broker and account type. For Standard, Raw, and Pro accounts, the Margin Call level is 30%. A notification will be...
MyFxbook is a website that offers AutoTrade services to keep your trading information in several formats. Through the MyFxbook website, you may display your trading portfolio while building your own investing portfolio without having to pay any turnover or management fees. Furthermore, AutoTrade can run on its own dedicated server,...
At IUXTRADE, we have a clear policy regarding trading strategies, particularly Arbitrage and Hedging, with the following conditions: Apart from these restricted strategies, traders are allowed to use other trading strategies under the specified conditions. More Information on Arbitrage Trading Policy For further details on the Arbitrage trading policy, please...
When logging into the trading platform, many investors often get confused about setting up their passwords. Sometimes, they may use the wrong type of password to access the system, leading to login issues. This problem is especially common among new traders who are just starting with the platform. There are...
Leverage an essential tool that allows traders to control larger trading positions with less capital. However, leverage varies depending on the type of financial instrument and the liquidity provider. Below are the details of leverage usage across different asset classes. Leverage for Currencies (CFD) Trading Leverage for Currencies (CFD) pairs...
Leverage is a tool that allows traders to trade with multiple times the amount of their equity. This type of technique in the CFDs market allows you to control a large amount of money while using very little of your own money and borrowing the rest from a broker. Leverage...
You can make an internal transfer from one trading account to another. Using the internal transfer account at the control panel with the following simple steps: 1. Enter the control panel at www.iuxtrade.com by filling in your email and password. 2. Select the ‘Transfer’ function, then complete the information as...
For the ‘Account’ function, all your trading account details are available. You can check your trading account as follows: 1. The MT5 trading account number is the number you use to log in to MT5 to trade. 2. Balance shows the balance of your trading account. 3. Credit will show...
Slippage occurs when market prices change rapidly, especially during major economic news releases, causing trades to be executed at a different price than expected. At IUXTRADE, we minimize slippage by ensuring orders are matched at the best available price through advanced liquidity and fast execution. While slippage is a natural...
The user will see the time as it is on the IUXTRADE server, which is GMT+0. When determining an instrument’s opening or closing time on IUXTRADE, compare it to GMT+0 for the time zone you are now in. For instance, if you are in Thailand, it is GMT+7, etc. Daylight...
The Currencies (CFD) market is a decentralized international market with no geographical borders and functions around the clock, five days a week. You can trade the market any time of the day or night, which doesn’t necessarily mean that you should. As one major international trading center closes, another one...
LotBack is a program that allows traders to receive cash back from their trades, regardless of profit or loss. Each executed order is calculated into LotBack Points, which can be exchanged for account balance. This helps to reduce losses or increase funds for future trading. How to Earn LotBack? You...
After creating a Live Trading Account, you can choose to install or download the trading software that best suits your needs from the IUXTRADE website, depending on the device you wish to use. You can select the trading platform that is most convenient for you: Once you have selected your...
IUXTRADE offers swap-free accounts for all account types: Standard, Pro, and Raw. When a customer registers a new account, they will not be charged swap fees. However, if customers frequently hold positions overnight, swap fees may be applied based on the terms and policies of liquidity providers. Non-Islamic Countries For...