Financial Terms

Depending on the size of your account (ideally $250K+) and/or according to the concentration of risk on a specific trading instrument. House of Borse Limited might consider increasing its default margin requirements, therefore, providing lower leverage when trading margin related instruments.

Instrument Required Margin2 Markup Fee of a Pip Management Fee Trading (hrs)3 Value time (GMT +3) Tick Factor4 Minimum trade size Contract size
EURUSD 1% 0.1 $4.5 24 Hours 23:59 0.0001 1,000 100,000
USDCAD 1% 0.2 $4.5 24 Hours 23:59 0.0001 1,000 100,000
USDJPY 1% 0.1 $4.5 24 Hours 23:59 0.0100 1,000 100,000
USDCHF 2% 0.2 $4.5 24 Hours 23:59 0.0001 1,000 100,000
AUDUSD 1% 0.2 $4.5 24 Hours 23:59 0.0001 1,000 100,000
GBPUSD 3% 0.2 $4.5 24 Hours 23:59 0.0001 1,000 100,000
NZDUSD 1% 0.2 $4.5 24 Hours 23:59 0.0001 1,000 100,000
EURGBP 3% 0.2 $4.5 24 Hours 23:59 0.0001 1,000 100,000
EURJPY 1% 0.2 $4.5 24 Hours 23:59 0.0100 1,000 100,000
GBPJPY 3% 0.2 $4.5 24 Hours 23:59 0.0100 1,000 100,000
AUDJPY 2% 0.2 $4.5 24 Hours 23:59 0.0100 1,000 100,000
EURCHF 2% 0.2 $4.5 24 Hours 23:59 0.0001 1,000 100,000
EURHUF 4% 0.3 $4.5 24 Hours 23:59 0.0100 1,000 100,000
NZDCAD 2% 0.2 $4.5 24 Hours 23:59 0.0001 1,000 100,000
GBPCAD 3% 0.2 $4.5 24 Hours 23:59 0.0001 1,000 100,000
EURCAD 2% 0.2 $4.5 24 Hours 23:59 0.0001 1,000 100,000
CHFJPY 2% 0.2 $4.5 24 Hours 23:59 0.0100 1,000 100,000
CADJPY 1% 0.2 $4.5 24 Hours 23:59 0.0100 1,000 100,000
CADCHF 2% 0.2 $4.5 24 Hours 23:59 0.0001 1,000 100,000
AUDNZD 2% 0.2 $4.5 24 Hours 23:59 0.0001 1,000 100,000
AUDCAD 2% 0.2 $4.5 24 Hours 23:59 0.0001 1,000 100,000
CADSGD 3% 0.3 $4.5 24 Hours 23:59 0.0001 1,000 100,000
EURDKK 3% 0.2 $4.5 24 Hours 23:59 0.0001 1,000 100,000
EURSEK 3% 0.3 $4.5 24 Hours 23:59 0.0001 1,000 100,000
GBPSGD 5% 0.3 $4.5 24 Hours 23:59 0.0001 1,000 100,000
GBPDKK 5% 0.3 $4.5 24 Hours 23:59 0.0001 1,000 100,000
GBPHKD 5% 0.3 $4.5 24 Hours 23:59 0.0001 1,000 100,000
GBPSEK 5% 0.3 $4.5 24 Hours 23:59 0.0001 1,000 100,000
NZDSGD 3% 0.3 $4.5 24 Hours 23:59 0.0001 1,000 100,000
USDDKK 3% 0.2 $4.5 24 Hours 23:59 0.0001 1,000 100,000
USDHUF 4% 0.3 $4.5 24 Hours 23:59 0.0100 1,000 100,000
USDNOK 3% 0.3 $4.5 24 Hours 23:59 0.0001 1,000 100,000
USDPLN 4% 0.3 $4.5 24 Hours 23:59 0.0001 1,000 100,000
USDSEK 3% 0.3 $4.5 24 Hours 23:59 0.0001 1,000 100,000
USDSGD 3% 0.2 $4.5 24 Hours 23:59 0.0001 1,000 100,000
Instrument Required Margin2 Markup Fee of a Pip Management Fee Trading (hrs)3 Value time (GMT +3) Tick Factor4 Minimum trade size Contract size
AUDCHF 2% 0.2 $9.5 24 Hours 23:59 0.0001 1,000 100,000
EURAUD 2% 0.2 $9.5 24 Hours 23:59 0.0001 1,000 100,000
EURNZD 2% 0.2 $9.5 24 Hours 23:59 0.0001 1,000 100,000
GBPAUD 3% 0.2 $9.5 24 Hours 23:59 0.0001 1,000 100,000
GBPCHF 3% 0.2 $9.5 24 Hours 23:59 0.0001 1,000 100,000
GBPNZD 3% 0.2 $9.5 24 Hours 23:59 0.0001 1,000 100,000
NZDJPY 2% 0.2 $9.5 24 Hours 23:59 0.0100 1,000 100,000
CHFNOK 3% 0.3 $9.5 24 Hours 23:59 0.0001 1,000 100,000
CHFPLN 4% 0.3 $9.5 24 Hours 23:59 0.0001 1,000 100,000
CHFSGD 3% 0.3 $9.5 24 Hours 23:59 0.0001 1,000 100,000
EURNOK 3% 0.3 $9.5 24 Hours 23:59 0.0001 1,000 100,000
EURSGD 3% 0.3 $9.5 24 Hours 23:59 0.0001 1,000 100,000
EURPLN 4% 0.3 $9.5 24 Hours 23:59 0.0001 1,000 100,000
GBPPLN 5% 0.3 $9.5 24 Hours 23:59 0.0001 1,000 100,000
NZDCHF 2% 0.2 $9.5 24 Hours 23:59 0.0001 1,000 100,000
NZDSEK 3% 0.3 $9.5 24 Hours 23:59 0.0001 1,000 100,000
USDCZK 4% 0.2 $9.5 24 Hours 23:59 0.0010 1,000 100,000
USDCNH 8% 0.3 $9.5 24 Hours 23:59 0.0001 1,000 100,000
USDHKD 4% 0.2 $9.5 24 Hours 23:59 0.0001 1,000 100,000
USDTHB 8% 0.2 $9.5 24 Hours 23:59 0.0100 1,000 100,000
Instrument Required Margin2 Markup Fee of a Pip Management Fee Trading (hrs)3 Value time (GMT +3) Tick Factor4 Minimum trade size Contract size
EURZAR 8% 0.3 $24.0 24 Hours 23:59 0.0001 1,000 100,000
GBPZAR 5% 0.3 $24.0 24 Hours 23:59 0.0001 1,000 100,000
USDMXN 8% 0.3 $24.0 24 Hours 23:59 0.0001 1,000 100,000
EURTRY 8% 0.3 $24.0 24 Hours 23:59 0.0001 1,000 100,000
EURMXN 8% 0.3 $24.0 24 Hours 23:59 0.0001 1,000 100,000
USDTRY 4% 0.3 $24.0 24 Hours 23:59 0.0001 1,000 100,000
USDZAR 8% 0.3 $24.0 24 Hours 23:59 0.0001 1,000 100,000
USDRUB 8% 0.3 $24.0 09:00 - 21:00 23:59 0.0001 1,000 100,000
Instrument Required Margin2 Markup Fee of a Pip Management Fee Trading (hrs)3 Value time (GMT +3) Tick Factor4 Minimum trade size Contract size
XAUUSD 2% 0.1 $4.5 24 hours with a break from 23:59 - 01:00 GMT +3. Monday open 01:00, Friday close 23::55 GMT +3. 23:59 1.0000 1 100
XAGUSD 5% 0.1 $4.5 24 hours with a break from 23:59 - 01:00 GMT +3. Monday open 01:00, Friday close 23:55 GMT +3 23:59 1.0000 50 5,000
XPDUSD 8% 0.1 $4.5 24 hours with a break from 23:59 - 01:00 GMT +3. Monday open 01:00, Friday close 23:55 GMT +3 23:59 1.0000 1 100
XPTUSD 8% 0.1 $4.5 24 hours with a break from 23:59 - 01:00 GMT +3. Monday open 01:00, Friday close 23:55 GMT +3 23:59 1.0000 1 100

2 Margin requirements may change or additional collateral required depending on position size and/or account currency.

  • USD on Base Currency: i.e. USDCHF = 0.03 * 100,000 = $3,000
  • USD not on Base Currency: i.e. EURUSD = 0.01 * 100,000 * Rate of Base Currency against
  • USD Currency = 0.01 * 100,000 * 1.1300 = $1,300

3 Trading is available 24/5 hours.

4 The price increment representing 1 whole trading unit, by which P&L and both initial and variation margin is calculated.

** For trades where quote currency is not same as account currency, conversion of P&L from quote currency to the account currency will bear a conversion rate fee of 0.5%

SUPPORTED ORDER TYPES

  • All market standard order types are available, i.e. Market Execution, Limit and Stops.
  • Trailing Stops, where the Stop level moves in line with the market price, are supported for all positions.
  • All Stop and Limit orders are placed as: Good till Cancelled (GTC) – order stays open until cancelled or when filled.

LIMIT ORDERS

  • Limit orders are used to take profit or to enter the market at a certain price level
  • Limit orders to buy can only be placed below the current market price with no minimum difference from market price.
  • Limit orders to sell - can only be placed above the current market price with no minimum difference from market price.
  • Limit orders are generally filled at the specific price (result in a slippage is not applicable). However, they may be filled at a better price during larger market gaps, for instance during the market opening period (Sunday, 17:01 NYT) or during news events.
  • Limit orders are never filled at a price worse than the original limit price (but therefore can result in a rejection/Partial Fill).

STOP ORDERS

  • Stop Orders are typically used to limit losses at a certain price level.
  • Stop orders are typically filled at the stop level selected by the client or at a price worse than the selected
  • Stop Orders to buy can only be placed above the current market price with no minimum difference from market price.
  • Stop Orders to sell can only be placed below the current market price with no minimum difference from market price.