TRADING TERMS AND CONDITIONS (RULES AND REGULATIONS)

Carefully read through all this Trading Terms and Conditions (Rules and Regulations) for individual opening account at United Global Asset Management (UGAM), this Trading Terms and Conditions is a part of Customer Electronic Trading Agreement, once the Customer(s) agree to this Customers Trading Agreement and logging to the trading platform the Customer(s) is bound to the Customer Trading Agreement and also the Trading Terms and Conditions (Rules and Regulations).

NO SYMBOL PRODUCT DESCRIPTION UNIT CONTRACT SIZE/LOT MARGIN REQUIREMENT FOR TRADING MARGIN HEDGE PER LOT INTEREST CHARGE INTEREST
3 TIMES
MARGIN CALL STOP OUT LEVEL TRADING HOURS PENDING ORDER INCL. (SL/TP)
DAILY TRADE
( USD / LOT )
DAILY OVERNIGHT / FRIDAY / USA PUBLIC HOLIDAY
( USD / LOT )
SERVER TIME
( GMT +2 )
GOOD TILL
1 XAUUSD Gold Spot Price in US Dollar TROY OUNCE 100 500 1.000 150 BY % WEDNESDAY 100% 10% MONDAY TILL FRIDAY

SUMMER : 01.00 - 23.00
WINTER : 01.00 - 24.00
FRIDAY & USA PUBLIC HOLIDAY
2 XAGUSD Silver Spot Price in US Dollar TROY OUNCE 5.000 1.000 2.000
3 XPTUSD Platinum Spot Price in US Dollar TROY OUNCE 100 1.000 2.000

When there is any market holiday or any changes in market hours, customers will received information through trading platform mailbox

Calculation Illustration

For example :

Equity is $10.000
Buy 1 lot XAUUSD at $1.300,00 and Sell 1 Lot Close at $1.350,00
Contract Size 1 Lot is 100 oz

How to Calculate Profit / Loss ?

Profit / Loss = ( Selling Price - Buying Price ) x Contract Size x Lot
  = ( $1.350,00 - $1.300,00 ) x 100 oz x 1 Lot
  = $50,00 x 100
  = $5.000,00

How to Calculate Margin Call ?

Margin Requirement 1 Lot is $500
Margin Call Level is Below 100%
Margin Call if Your Equity below $500

How to Calculate Stop Out Level ?

Stop Out Level is 10% from Margin Requirement
Running Price XAUUSD is $1.300,00
= Running Price - Equity - ( Margin Requirement x Lot x Stop Out Level % )
Contract Size x Lot
= $1.300,00 - $10.000,00 - ($500,00 x 1 Lot x 10%)
100 oz x 1 Lot
= $1.300,00 - $10.000,00 - $50,00
100
= $1.300,00 - $9.950,00
100
= $1.300,00 - $99,50
» If Open Position Buy, you must minus ( - ) from Running Price. But if Open Position Sell, you must Plus ( + ) from Running Price
= $1.200,50

How to Calculate Swap ?

Ex : Swap for Buy XAUUSD is 1%
Running Price XAUUSD is $1.300,00
Swap = Running Price x Swap % x Contract Size x Lot x Day
360
Swap = $1.350,00 x 1% 100 oz x 1 Lot x 1 Day
360
Swap = $13,50 x 100
360
Swap = $0,04 x 100
Swap = $3,75 per 1 Lot per 1 Day