Financial Terms
House of Borse offers you the opportunity to trade on Foreign Exchange (FX) , Indices, Commodities and Equities using one of the most popular trading platforms in the world - MetaTrader 4.
Market Information
| Instrument | Required Margin1 | Markup Fee (Pips) | Value time2 | Pip Factor3 | Minimum trade size | Contract size |
|---|---|---|---|---|---|---|
| AUDCAD | Dynamic | 0.4 | 21:59 | 0.0001 | 1,000 | 100,000 |
| AUDJPY | Dynamic | 0.4 | 21:59 | 0.0100 | 1,000 | 100,000 |
| AUDNZD | Dynamic | 0.4 | 21:59 | 0.0001 | 1,000 | 100,000 |
| AUDUSD | Dynamic | 0.3 | 21:59 | 0.0001 | 1,000 | 100,000 |
| CADCHF | Dynamic | 0.4 | 21:59 | 0.0001 | 1,000 | 100,000 |
| CADJPY | Dynamic | 0.4 | 21:59 | 0.01 | 1,000 | 100,000 |
| CHFJPY | Dynamic | 0.4 | 21:59 | 0.01 | 1,000 | 100,000 |
| EURCAD | Dynamic | 0.4 | 21:59 | 0.0001 | 1,000 | 100,000 |
| EURCHF | Dynamic | 0.4 | 21:59 | 0.0001 | 1,000 | 100,000 |
| EURGBP | Dynamic | 0.4 | 21:59 | 0.0001 | 1,000 | 100,000 |
| EURJPY | Dynamic | 0.4 | 21:59 | 0.01 | 1,000 | 100,000 |
| EURUSD | Dynamic | 0.2 | 21:59 | 0.0001 | 1,000 | 100,000 |
| GBPCAD | Dynamic | 0.4 | 21:59 | 0.0001 | 1,000 | 100,000 |
| GBPJPY | Dynamic | 0.4 | 21:59 | 0.01 | 1,000 | 100,000 |
| GBPUSD | Dynamic | 0.3 | 21:59 | 0.0001 | 1,000 | 100,000 |
| NZDCAD | Dynamic | 0.4 | 21:59 | 0.0001 | 1,000 | 100,000 |
| NZDUSD | Dynamic | 0.3 | 21:59 | 0.0001 | 1,000 | 100,000 |
| USDCAD | Dynamic | 0.3 | 21:59 | 0.0001 | 1,000 | 100,000 |
| USDCHF | Dynamic | 0.3 | 21:59 | 0.0001 | 1,000 | 100,000 |
| USDDKK | Dynamic | 0.4 | 21:59 | 0.0001 | 1,000 | 100,000 |
| USDJPY | Dynamic | 0.2 | 21:59 | 0.01 | 1,000 | 100,000 |
| USDNOK | Dynamic | 0.5 | 21:59 | 0.0001 | 1,000 | 100,000 |
| USDPLN | Dynamic | 0.5 | 21:59 | 0.0001 | 1,000 | 100,000 |
| USDSEK | Dynamic | 0.5 | 21:59 | 0.0001 | 1,000 | 100,000 |
| USDSGD | Dynamic | 0.4 | 21:59 | 0.0001 | 1,000 | 100,000 |
| USDZAR | Dynamic | 0.5 | 21:59 | 0.0001 | 1,000 | 100,000 |
| Instrument | Required Margin1 | Markup Fee (Pips) | Value time2 | Pip Factor3 | Minimum trade size | Contract size |
|---|---|---|---|---|---|---|
| AUDCHF | Dynamic | 0.4 | 21:59 | 0.0001 | 1,000 | 100,000 |
| CHFPLN | Dynamic | 0.5 | 21:59 | 0.0001 | 1,000 | 100,000 |
| CHFSGD | Dynamic | 0.5 | 21:59 | 0.0001 | 1,000 | 100,000 |
| EURAUD | Dynamic | 0.4 | 21:59 | 0.0001 | 1,000 | 100,000 |
| EURDKK | Dynamic | 0.4 | 21:59 | 0.0001 | 1,000 | 100,000 |
| EURNOK | Dynamic | 0.5 | 21:59 | 0.0001 | 1,000 | 100,000 |
| EURNZD | Dynamic | 0.4 | 21:59 | 0.0001 | 1,000 | 100,000 |
| EURSEK | Dynamic | 0.5 | 21:59 | 0.0001 | 1,000 | 100,000 |
| EURSGD | Dynamic | 0.5 | 21:59 | 0.0001 | 1,000 | 100,000 |
| GBPAUD | Dynamic | 0.4 | 21:59 | 0.0001 | 1,000 | 100,000 |
| GBPCHF | Dynamic | 0.5 | 21:59 | 0.0001 | 1,000 | 100,000 |
| GBPNZD | Dynamic | 0.4 | 21:59 | 0.0001 | 1,000 | 100,000 |
| GBPPLN | Dynamic | 0.5 | 21:59 | 0.0001 | 1,000 | 100,000 |
| NZDCHF | Dynamic | 0.4 | 21:59 | 0.0001 | 1,000 | 100,000 |
| NZDJPY | Dynamic | 0.4 | 21:59 | 0.01 | 1,000 | 100,000 |
| NZDSGD | Dynamic | 0.5 | 21:59 | 0.0001 | 1,000 | 100,000 |
| USDCNH | Dynamic | 0.5 | 21:59 | 0.0001 | 1,000 | 100,000 |
| USDHKD | Dynamic | 0.4 | 21:59 | 0.0001 | 1,000 | 100,000 |
| USDMXN | Dynamic | 0.5 | 21:59 | 0.0001 | 1,000 | 100,000 |
| USDRUB | Dynamic | 0.3 | 21:59 | 0.0001 | 1,000 | 100,000 |
| Instrument | Required Margin1 | Markup Fee (Pips) | Value time2 | Pip Factor3 | Minimum trade size | Contract size |
|---|---|---|---|---|---|---|
| AUDNOK | Dynamic | 0.3 | 21:59 | 0.0001 | 1,000 | 100,000 |
| AUDSEK | Dynamic | 0.3 | 21:59 | 0.0001 | 1,000 | 100,000 |
| AUDSGD | Dynamic | 0.3 | 21:59 | 0.0001 | 1,000 | 100,000 |
| CADSGD | Dynamic | 0.3 | 21:59 | 0.0001 | 1,000 | 100,000 |
| CHFNOK | Dynamic | 0.3 | 21:59 | 0.0001 | 1,000 | 100,000 |
| EURCZK | Dynamic | 0.2 | 21:59 | 0.001 | 1,000 | 100,000 |
| EURHUF | Dynamic | 0.5 | 21:59 | 0.01 | 1,000 | 100,000 |
| EURMXN | Dynamic | 0.5 | 21:59 | 0.0001 | 1,000 | 100,000 |
| EURPLN | Dynamic | 0.3 | 21:59 | 0.0001 | 1,000 | 100,000 |
| EURRUB | Dynamic | 0.3 | 21:59 | 0.0001 | 1,000 | 100,000 |
| EURTRY | Dynamic | 0.5 | 21:59 | 0.0001 | 1,000 | 100,000 |
| EURZAR | Dynamic | 0.5 | 21:59 | 0.0001 | 1,000 | 100,000 |
| GBPDKK | Dynamic | 0.5 | 21:59 | 0.0001 | 1,000 | 100,000 |
| GBPHKD | Dynamic | 0.3 | 21:59 | 0.0001 | 1,000 | 100,000 |
| GBPSEK | Dynamic | 0.5 | 21:59 | 0.0001 | 1,000 | 100,000 |
| GBPSGD | Dynamic | 0.5 | 21:59 | 0.0001 | 1,000 | 100,000 |
| GBPZAR | Dynamic | 0.5 | 21:59 | 0.0001 | 1,000 | 100,000 |
| USDCZK | Dynamic | 0.4 | 21:59 | 0.001 | 1,000 | 100,000 |
| USDHUF | Dynamic | 0.5 | 21:59 | 0.01 | 1,000 | 100,000 |
| USDTRY | Dynamic | 0.5 | 21:59 | 0.0001 | 1,000 | 100,000 |
| Symbol | Instrument | Currency | Required Margin1 | Contract Size | MinTrade Size (Lots) | Tick Factor2 | Tick Value3 | Charging Structure4 | Financing Charged5 |
|---|---|---|---|---|---|---|---|---|---|
| AUS200 | Australia 200 Index | AUD | Dynamic | 1 Index | 1 | 1 index point | 1 AUD | Commission & Spread | Yes |
| Germany 30 | Germany 30 Index | EUR | Dynamic | 1 Index | 1 | 1 index point | 1 EUR | Commission & Spread | Yes |
| Spain 35 | Spain 35 Index | EUR | Dynamic | 1 Index | 1 | 1 index point | 1 EUR | Commission & Spread | Yes |
| France 40 | France 40 Index | EUR | Dynamic | 1 Index | 1 | 1 index point | 1 EUR | Commission & Spread | Yes |
| Japan 225 | Japan 225 Index | JPY | Dynamic | 100 Indexes | 1 | 1 index point | 100 JPY | Commission & Spread | Yes |
| EU Stocks 50 | EU Stocks 50 Index | EUR | Dynamic | 1 Index | 1 | 1 index point | 1 EUR | Commission & Spread | Yes |
| UK 100 | UK 100 Index | GBP | Dynamic | 1 Index | 1 | 1 index point | 1 GBP | Commission & Spread | Yes |
| US 30 | US Wall Street 30 Index | USD | Dynamic | 1 Index | 1 | 1 index point | 1 USD | Commission & Spread | Yes |
| US 500 | US SPX 500 Index | USD | Dynamic | 1 Index | 1 | 1 index point | 1 USD | Commission & Spread | Yes |
| USTEC 100 | US Tech 100 Index | USD | Dynamic | 1 Index | 1 | 1 index point | 1 USD | Commission & Spread | Yes |
| Symbol | Instrument | Currency | Required Margin1 | Contract Size | MinTrade Size (Lots) | Tick Factor2 | Tick Value3 | Charging Structure4 | Financing Charged5 |
|---|---|---|---|---|---|---|---|---|---|
| Gold | Spot Gold | USD | Dynamic | 1 CFD = 100 Troy oz | 0.1 | 0.01 | 10 USD | Commission & Spread | Yes |
| Silver | Spot Silver | USD | Dynamic | 1CFD = 5000 OZ | 0.1 | 0.001 | 50 USD | Commission & Spread | Yes |
| US Oil | US Oil Spot | USD | Dynamic | 1CFD = 1000 Bls | 0.1 | 0.01 | 10 USD | Commission & Spread | Yes |
| UK Oil | UK Oil Spot | USD | Dynamic | 1CFD = 1000 Bls | 0.1 | 0.01 | 10 USD | Commission & Spread | Yes |
| Country | Symbol | Currency | Required Margin1 | Contract Size | MinTrade Size (Lots) | Tick Factor2 | Tick Value3 | Charging Structure4 | Financing Charged5 |
|---|---|---|---|---|---|---|---|---|---|
| US | No Symbol* | USD | Fixed Margin** | 1 CFD = 1 share | 1 | 1 US Cent | 1 US Cent | Commission & Spread | Yes |
1 The Margin requirement is dependent on the size of your position and will vary for the position hedged (under Dynamic Margin Requirement) click here.
2 All times are GMT.
3 Pip factor is the value of the smallest whole unit movement of the specified instrument. It is the reference point used to calculate profit/ loss.
4 House of Borse Limited currently charges financing costs for cash/ spot CFD products but not for expiring/ futures products. Please see trading cost guide for further information regarding financing, or click here.
5 Tick factor is the value of the smallest whole unit movement of the specified instrument. It is the reference point used to calculate profit/ loss.
6 The base currency of your account(s), is the currency denomination that you have selected for your main account according to the application submitted to open an account with us.
7 Profits and losses are converted to the base currency of the account using the mid-price of the FX Spot rate +/- 0.5%, when you close the position. The same method of conversion is also applied to any other trading costs.
9 Open Positions rolled over on Wednesday to Thursday (all currency except for CAD, RUB & TRY) will include weekend swaps/management fee charges.
10 Open Positions rolled over will be charged 20% mark-up of the total inter-bank/LP interest rates.
11 Open Positions rolled over on Thursday to Friday (For CAD, RUB & TRY only) will include weekend swaps/management fee charges.
1 The Margin requirement is dependent on the size of your position and will vary for the position hedged (under Dynamic Margin Requirement). For further information click here.
2 Tick Factor is the value of the smallest whole unit movement of the specified instrument. It is the reference point used to calculate profit/ loss.
3 Tick Value is the amount of profit/ loss made for a 1 tick move (see tick factor)in the specified product.
4 Charging structure is how you will be charged for trading the specified product. Both Commission and a spread mark up are charged for cash commodities. Please see Pricing sheet below for the trading costs.
5 House of Borse Limited currently charges financing costs for cash/ spot CFD products but not for expiring/ futures products. Please see Trading Cost Guide for further information regarding financing, or click here.
6 Futures CFDs will have expiry dates. Expiry dates for CFDs can be seen on the client terminal.
7 Any expiring (Futures) open positions are settled/ closed out on our quote after 17:00 GMT one day prior to the expiration date of the market.
8 IT IS THE CLIENT’S RESPONSIBILITY TO BE AWARE OF MARKET EXPIRIES AND MANAGE POSITIONS ACCORDINGLY.
9 Three (3) days prior to the contract expiration no new opening orders will be allowed in an expiring cfd market. Clients will only be allowed to close existing positions and cancel placed orders.
10 All orders in CFDs are routed as Market orders.
11 The base currency of your account(s), is the currency denomination that you have selected for your main account according to the application submitted to open an account with us.
For Spot Commodities commission stated is per $100,000 of notional amount traded in a USD denominated account. If the FX crosses traded do not have a USD base currency, or if the account is denominated in a non-USD currency, then conversion may apply and/ or the commission will be adjusted pro-rata to get the same equivalent commission as for a USD account trading $100,000 notional. All other CFDs are charged commission on a per lot basis.
Liquidity and spreads can change due to market conditions. The information in this table is correct at the time of publication, we reserve the right to change its contents at any time. For up to date information please refer to the trading platform or call the support desk.
1 The Margin requirement is dependent on the size of your position and will vary for the position hedged (under Dynamic Margin Requirement). For further information click here.
2 Tick Factor is the value of the smallest whole unit movement of the specified instrument. It is the reference point used to calculate profit/ loss.
3 Tick Value is the amount of profit/ loss made for a 1 tick move (see tick factor)in the specified product.
4 Charging structure is how you will be charged for trading the specified product. Both Commission and a spread mark up are charged for cash commodities. Please see Pricing sheet below for the trading costs.
5 House of Borse Limited currently charges financing costs for cash/ spot CFD products but not for expiring/ futures products. Please see Trading Cost Guide for further information regarding financing, or click here.
6 Futures CFDs will have expiry dates. Expiry dates for CFDs can be seen on the client terminal.
7 Any expiring (Futures) open positions are settled/ closed out on our quote after 17:00 GMT one day prior to the expiration date of the market.
8 IT IS THE CLIENT’S RESPONSIBILITY TO BE AWARE OF MARKET EXPIRIES AND MANAGE POSITIONS ACCORDINGLY.
9 Three (3) days prior to the contract expiration no new opening orders will be allowed in an expiring cfd market. Clients will only be allowed to close existing positions and cancel placed orders.
10 All orders in CFDs are routed as Market orders.
11 The base currency of your account(s), is the currency denomination that you have selected for your main account according to the application submitted to open an account with us.
For Spot Commodities commission stated is per $100,000 of notional amount traded in a USD denominated account. If the FX crosses traded do not have a USD base currency, or if the account is denominated in a non-USD currency, then conversion may apply and/ or the commission will be adjusted pro-rata to get the same equivalent commission as for a USD account trading $100,000 notional. All other CFDs are charged commission on a per lot basis.
12 'xx' refers to the expiry month and year.
The first letter is the expiry month:
Month codes are as follows: F Jan, G Feb, H Mar, J Apr, K May, M Jun, N Jul, Q Aug, U Sep, V Oct, X Nov, Z Dec
And Second letter is the year:
e.g. Sep-2020 is 'U0' Where the ‘0’ represents 20
Liquidity and spreads can change due to market conditions. The information in this table is correct at the time of publication, we reserve the right to change its contents at any time. For up to date information please refer to the trading platform or call the support desk.
1 The Margin requirement is dependent on the size of your position and will vary for the position hedged (under Dynamic Margin Requirement). For further information click here.
2 Tick Factor is the value of the smallest whole unit movement of the specified instrument. It is the reference point used to calculate profit/ loss.
3 Tick Value is the amount of profit/ loss made for a 1 tick move (see tick factor)in the specified product.
4 Charging structure is how you will be charged for trading the specified product. Both Commission and a spread mark up are charged for cash commodities. Please see Pricing sheet below for the trading costs.
5 House of Borse Limited currently charges financing costs for cash/ spot CFD products but not for expiring/ futures products. Please see Trading Cost Guide for further information regarding financing, or click here.
6 Futures CFDs will have expiry dates. Expiry dates for CFDs can be seen on the client terminal.
7 Any expiring (Futures) open positions are settled/ closed out on our quote after 17:00 GMT one day prior to the expiration date of the market.
8 IT IS THE CLIENT’S RESPONSIBILITY TO BE AWARE OF MARKET EXPIRIES AND MANAGE POSITIONS ACCORDINGLY.
9 Three (3) days prior to the contract expiration no new opening orders will be allowed in an expiring cfd market. Clients will only be allowed to close existing positions and cancel placed orders.
10 All orders in CFDs are routed as Market orders.
11 The base currency of your account(s), is the currency denomination that you have selected for your main account according to the application submitted to open an account with us.
For Spot Commodities commission stated is per $100,000 of notional amount traded in a USD denominated account. If the FX crosses traded do not have a USD base currency, or if the account is denominated in a non-USD currency, then conversion may apply and/ or the commission will be adjusted pro-rata to get the same equivalent commission as for a USD account trading $100,000 notional. All other CFDs are charged commission on a per lot basis.
Liquidity and spreads can change due to market conditions. The information in this table is correct at the time of publication, we reserve the right to change its contents at any time. For up to date information please refer to the trading platform or call the support desk.
1 The Margin requirement is dependent on the size of your position and will vary for the position hedged (under Dynamic Margin Requirement). For further information click here.
2 Tick Factor is the value of the smallest whole unit movement of the specified instrument. It is the reference point used to calculate profit/ loss.
3 Tick Value is the amount of profit/ loss made for a 1 tick move (see tick factor)in the specified product.
4 Charging structure is how you will be charged for trading the specified product. Both Commission and a spread mark up are charged for cash commodities. Please see Pricing sheet below for the trading costs.
5 House of Borse Limited currently charges financing costs for cash/ spot CFD products but not for expiring/ futures products. Please see Trading Cost Guide for further information regarding financing, or click here.
6 Futures CFDs will have expiry dates. Expiry dates for CFDs can be seen on the client terminal.
7 Any expiring (Futures) open positions are settled/ closed out on our quote after 17:00 GMT one day prior to the expiration date of the market.
8 IT IS THE CLIENT’S RESPONSIBILITY TO BE AWARE OF MARKET EXPIRIES AND MANAGE POSITIONS ACCORDINGLY.
9 Three (3) days prior to the contract expiration no new opening orders will be allowed in an expiring cfd market. Clients will only be allowed to close existing positions and cancel placed orders.
10 All orders in CFDs are routed as Market orders.
11 The base currency of your account(s), is the currency denomination that you have selected for your main account according to the application submitted to open an account with us.
For Spot Commodities commission stated is per $100,000 of notional amount traded in a USD denominated account. If the FX crosses traded do not have a USD base currency, or if the account is denominated in a non-USD currency, then conversion may apply and/ or the commission will be adjusted pro-rata to get the same equivalent commission as for a USD account trading $100,000 notional. All other CFDs are charged commission on a per lot basis.
12 'xx' refers to the expiry month and year.
The first letter is the expiry month:
Month codes are as follows: F Jan, G Feb, H Mar, J Apr, K May, M Jun, N Jul, Q Aug, U Sep, V Oct, X Nov, Z Dec
And Second letter is the year:
e.g. Sep-2020 is 'U0' Where the ‘0’ represents 20
Liquidity and spreads can change due to market conditions. The information in this table is correct at the time of publication, we reserve the right to change its contents at any time. For up to date information please refer to the trading platform or call the support desk.
1 The Margin requirement is dependent on the size of your position and will vary for the position hedged (under Dynamic Margin Requirement). For further information click here.
2 Tick Factor is the value of the smallest whole unit movement of the specified instrument. It is the reference point used to calculate profit/ loss.
3 Tick Value is the amount of profit/ loss made for a 1 tick move (see tick factor)in the specified product.
4 Charging structure is how you will be charged for trading the specified product. Both commission and spread markup are charged for equity CFDs . Please see Pricing sheet below for the trading costs
5 House of Borse Limited currently charges financing costs for cash/ spot CFD products but not for expiring/ futures products. Please see Trading Cost Guide for further information regarding financing, , or click here.
7 IT IS THE CLIENT’S RESPONSIBILITY TO BE AWARE OF MARKET EXPIRIES AND MANAGE POSITIONS ACCORDINGLY
8 All orders in CFDs are routed as Market orders
9 The base currency of your account(s), is the currency denomination that you have selected for your main account according to the application submitted to open an account with us
* US stocks may be stated without any country extension (eg: '.US') but with just their ticker symbols.
** A fixed margin is charged for all equity trades. See Equities for equity margins
Download the full list of the US stocks from here
Liquidity and spreads can change due to market conditions. The information in this table is correct at the time of publication, we reserve the right to change its contents at any time. For up to date information please refer to the trading platform or call the support desk.
Pricing Sheet
| Symbol | Instrument Currency | Commission (per lot per RT) - Silver/ Gold/ Platinum Account (USD) | Price Spreads(Ticks)2 |
|---|---|---|---|
| Spot Commodities | |||
| Gold | USD | 7 / 6 / 5 | 0.03 |
| Silver | USD | 7 / 6 / 5 | 0.005 |
| US Oil | USD | 5 / 3 / 1.5 | 0.02 |
| UK Oil | USD | 5 / 3 / 1.5 | 0.02 |
| Cash Indices | |||
| AUS200 | AUD | 0.5 / 0.3 / 0.15 3 | 1 |
| Germany 30 | EUR | 0.5 / 0.3 / 0.15 | 1 |
| Spain 35 | EUR | 0.5 / 0.3 / 0.15 | 1 |
| France 40 | EUR | 0.5 / 0.3 / 0.15 | 1 |
| Japan 225 | JPY | 0.5 / 0.3 / 0.15 | 2 |
| EU Stocks 50 | EUR | 0.5 / 0.3 / 0.15 | 1 |
| UK 100 | GBP | 0.5 / 0.3 / 0.15 | 1 |
| US 30 | USD | 0.5 / 0.3 / 0.15 | 1 |
| US 500 | USD | 0.5 / 0.3 / 0.15 | 1 |
| USTEC 100 | USD | 0.5 / 0.3 / 0.15 | 1 |
| ETFs | |||
| ACWI.ETF | USD | From 1 (Cent/Share) | From $1.25 |
| BND.ETF | USD | From 1 (Cent/Share) | From $1.25 |
| ICLN.ETF | USD | From 1 (Cent/Share) | From $1.25 |
| IEI.ETF | USD | From 1 (Cent/Share) | From $1.25 |
| QQQ.ETF | USD | From 1 (Cent/Share) | From $1.25 |
| SHV.ETF | USD | From 1 (Cent/Share) | From $1.25 |
| SHY.ETF | USD | From 1 (Cent/Share) | From $1.25 |
| SUSL.ETF | USD | From 1 (Cent/Share) | From $1.25 |
| TLT.ETF | USD | From 1 (Cent/Share) | From $1.25 |
| TQQQ.ETF | USD | From 1 (Cent/Share) | From $1.25 |
| VCIT.ETF | USD | From 1 (Cent/Share) | From $1.25 |
| VCSH.ETF | USD | From 1 (Cent/Share) | From $1.25 |
| VXUS.ETF | USD | From 1 (Cent/Share) | From $1.25 |
| US Equities | USD | SILVER- MIN OF $1.75/TRADE OR 1.5CENTS /SHARE GOLD- MIN OF $1.50/TRADE OR 1.2CENTS /SHARE PLATINUM- MIN OF $1.25/TRADE OR 1.0CENTS /SHARE |
As low as $0.02 |
| FX1 | Various - Refer to Quoting Currency of the cross |
7 / 6 / 51 | Refer to Markup Fee on the Market Information Sheet above |
1 For Spot FX and Spot Commodities, commission stated is per $100,000 of notional amount traded in a USD denominated account. If the FX crosses traded do not have a USD base currency, or if the account is denominated in a non-USD currency, then conversion may apply and/ or the commission will be adjusted pro-rata to get the same equivalent commission as for a USD account trading $100,000 notional. All other CFDs are charged commission on a per lot basis.
2 Additional Price Markup is the amount by which the raw LP spread is marked up by HOB in absolute terms. So, for example, 0.02 means, the LP spread will be increased by 0.02.
3 If the trading account is denominated in a different currency the currency of the Equity, eg: a USD denominated account while UK shares are being traded(GBP), then the commission amount will get converted in to the equivalent amount in the denomination of the account. So for example £8 will get converted in to $10 (where GBPUSD = 1.25 in this example).
SUPPORTED ORDER TYPES
Market Orders
All requested trades will be executed as Market Orders to ensure that trades are executed at the best available market price. This helps to minimise the trade rejections and to ensure that orders are filled even at the times of Low Market Liquidity. Please note that above includes & applies to all Order types (Limit, Market & Stop), which are treated as Market Orders.
Should you have any queries to these Financial Terms please contact House of Borse. Commencement of trading with House of Borse shall be deemed as acceptance of these Financial Terms.
The above Financial Terms should be used in conjunction with House of Borse’s Standard Terms of Business. We will endeavour to provide you with notice should these Financial Terms change, however, it remains your sole responsibility to ensure that you view this page on regular basis in order to keep updated on any changes.
STOP OUT
Where an account reaches the stop-out levels, the margin positions with the highest losses shall be closed automatically until account is back within the required margin limits/levels.
In case where largest loss is represented by a market which is currently out of trading hours, hence the underlying market is closed, the system shall ignore the highest losses for such closed markets, and shall automatically close the margin trades with next highest losses for the active markets at that time, and the process shall continue until the account is back within the required margin limits/levels.
