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What is the point of difference?
Point is in the money market in the use of terms that can be the smallest increase in the exchange rate movement. According to the market environment, is a point under normal circumstances (EUR / USD, GBP / USD, USD / CHF currency pair is 0.0001, while the in the dollar / yen currency pair was 0.01).
Bid / offer spread (AAA provides a fixed point of difference, rather than the floating point difference.) Fixed-point difference: In addition to very special circumstances of market volatility, are to maintain a fixed spread trading.
Fixed-point difference:In addition to very special circumstances of market volatility, are to maintain a fixed spread trading.
Floating point of difference:dealing spreads fluctuate with market conditions to change. (As many trading platform provides less than 1 point of floating point difference, but in real trading point difference is often reached 3:00, 4:00 or even 9:00, will be far greater than the fixed-point difference)
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Currency symbol
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Currency
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Dealing spreads
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| EUR/USD |
EUR/USD |
3 points |
| USD/JPY |
USD/JPY |
3 points |
| AUD/USD |
AUD/USD |
4 points |
| EUR/JPY |
EUR/JPY |
4 points |
| USD/CHF |
USD/CHF |
4 points |
| EUR/CHF |
EUR/CHF |
4 points |
| EUR/GBP |
EUR/GBP |
4 points |
| GBP/USD |
GBP/USD |
4 points |
| USD/CAD |
USD/CAD |
4 points |
| NZD/USD |
NZD/USD |
4 points |
| CAD/JPY |
CAD/JPY |
6 points |
| AUD/JPY |
AUD/JPY |
7 points |
| GBP/JPY |
GBP/JPY |
7 points |
| CAD/CHF |
CAD/CHF |
7 points |
| NZD/JPY |
NZD/JPY |
7 points |
| CHF/JPY |
CHF/JPY |
8 points |
| AUD/CAD |
AUD/CAD |
8 points |
| EUR/CAD |
EUR/CAD |
8 points |
| GBP/AUD |
GBP/AUD |
9 points |
| GBP/CHF |
GBP/CHF |
9 points |
| NZD/CAD |
NZD/CAD |
9 points |
| AUD/CHF |
AUD/CHF |
10 points |
| EUR/AUD |
EUR/AUD |
10 points |
| GBP/CAD |
GBP/CAD |
10 points |
| AUD/NZD |
AUD/NZD |
10 points |
| USD/HKD ** |
USD/HKD ** |
13 points |
| EUR/NZD |
EUR/NZD |
15 points |
| NZD/CHF |
NZD/CHF |
15 points |
| GBP/NZD |
GBP/NZD |
20 points |
Leverage is limited **
If you want to get the latest list of the foreign exchange portfolio, please do not hesitate to apply our free demo account, you can also get 10,000 dollars of virtual money and Huanya provide first-hand real-time tradable between banks offer.
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| Trading in Mind - Overnight Interest |
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Closing Date for the spot foreign exchange market, two days on Monday opened position, delivery date should be Wednesday. If the position is held open Monday to Tuesday night, the next delivery date is Thursday. And was opened on Wednesday extended position, the delivery date pushed from Friday to Saturday, but the actual delivery date is next Monday, because banks do not open the weekend two days. If the trade size to be closed the same day, then there will be no extension of the deal.
When a deal was pushed to the next settlement date, there have postponed the case. Any extension will have a foreign exchange hedge positions, or the spread uncovered, and this spread by Overnight Index interest rate decision. If the investment staff relatively high interest rates on the currency, the exchange part of the extension, the investors can be spread on the currency rates. Spread the amount of the daily price changes and trading volume of the foreign exchange positions vary.
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| View more rates, please visit MT4 platform, go to "Trading Tools", and select "Exchange Calculator", as shown below: |
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GTS platform provides automatic extension of the service, 5:00 pm EST, the next day at 5 am Beijing time (summer) or 6 am (winter), we will exchange the investor's foreign currency positions, so that the original foreign exchange positions could move to the next trading day prior to maturity. But the overnight interest rate a few minutes to complete. It does not guarantee you within a short time before the 5:00 order will receive / pay interest. Customers should not be used Margin interest earned on completely built. AAA liquidates the resulting situation of not responsible.
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Extension position
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Closing Date
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The number of days per annum
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Positions Monday to Tuesday
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Pushed from Wednesday to Thursday
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one day
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Position Tuesday to Wednesday
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Pushed from Thursday to Friday
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one day
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Positions Wednesday to Thursday
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Pushed from Friday to Monday
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Three days (weekend days)[*]
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Thursday to Friday positions
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Pushed from Monday to Tuesday
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one day
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Friday to Monday positions
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Pushed from next Tuesday to next Wednesday
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one day
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- *Some monetary exceptions, such as USD / CAD is the three-day overnight Thursday into account interest.
- If the settlement currency of the day coincides with a national holiday, the overnight interest rate adjustments will occur.
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 Calculation of the overnight interest |
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Deferred costs in the trading platform "deferred calculation" bar. Negative (-) value indicates the client to pay deferred interest, positive (+) value indicates the client will receive deferred interest.
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Example 1
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USD for the target currency for the combination, such as the NZD / USD: 10K account assumption, Monday to buy 3 lots NZD / USD, Price is: 0.7226/30, position overnight to Tuesday, Prm Buy% 0.43. While holding NZ Customers will earn interest, calculated as follows:
(0.43% / 360) x10000x3 hand x1 days x0.7230 = $ 0.26
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Example 2
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For the USD as the base currency of the portfolio, such as USD / JPY: assumption is 100K account, Wed short 1 lot USD / JPY, the market price is 107.44/107.47, overnight to Thursday, Prm Sell% -2.18, then sell the dollar Customers will pay interest, calculated as follows:
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Example 3
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For cross currency combinations, such as EUR / GBP: assumption is that 1K account on Friday to buy 5 lots EUR / GBP, overnight to Monday, Prm Buyl% -3.71, then the customer will pay to buy the euro interest rate, if EUR / USD: 1.3182/85, calculated as follows:
(-3.71% / 360) x1000x5 hand x1 days x1.3182 = ($ 0.68)
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Tips
- The money rate, please MT4 trading platform "deferred Computing" posted on the extension of buy / sell% prevail.
- Overnight interest calculations take several minutes to complete. So does not guarantee you before 5 pm EST in short order will receive / pay interest. Customers should not be used entirely on interest earned on deposits above. AAA on The resulting situation will not be responsible for liquidated.
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 High Risk Investment |
| Foreign exchange margin trading in investment instruments in all high-risk investments are not suitable for all investors. Used of high leverage to carry out foreign exchange operations on traders’ advantages and disadvantages. Therefore, before you decide to invest foreign exchange Please carefully consider your investment objectives, level of experience, and risk tolerance. Because you may lose some or the entire investment principal, therefore, does not spend money you cannot afford the risk for investment. And, in any foreign exchange transactions, you will inevitably face some risk. Any activities involving foreign exchange transactions will be subject to a variety of potential, but are not limited to political and / or changes in economic conditions the risks that such changes will be a currency exchange price and liquidity have a significant impact.
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 InternetTrading Risks |
| If investors use web-based trading system for investment, the risks including but not limited to: hardware failure, software and network connection problems. because AAA can not control the signal transmission, it needs to receive and send data network, investors Device settings and connection reliability together to complete, if the investment in the network transactions encountered in telecommunication transmission failure, abnormal or delayed issues, AAA shall not be responsible. However, AAA with strong support systems and contingency plans This possibility of system failure will minimize the extent and telephone transactions remain open for 24 hours. |
 Data accuracy |
| In any of the contents of this website only for personal investment trader, learn use and reference, and any changes without further notice. In addition, the Plaza Premium cannot guarantee the accuracy of the information, and integrity. Any investor to make investment decisions accordingly in our nothing because we will not or cannot visit the website data content, information transmission failure or delay (including the instructions and notices received) arising from any direct or indirect loss or destruction responsible. |
 AAA recommended partner Disclaimer |
Plaza Premium Gold FX network and partners with a variety of free services to our customers, including the AAA's Plaza Premium LP trading platform services and financial investment strategy services.Net foreign exchange recommended by Plaza Premium Gold industry-leading foreign exchange dealers AAA to our customers, clients transfer funds directly to the bank accounts of AAA regulated by the AAA is responsible for financial security, all transactions while customers are also the MT4 through AAA platform, so the issue by the AAA is responsible for all transactions explained and resolved. MT4 platform provides a comprehensive, simple, powerful trading and charting capabilities. AAA will strive to provide customers with the best market prices, while saving both convenient online trading efficiency, but does not reduce the risk of currency transactions involve the sale. All prices and transactions in the trading account are the Web site specified in the agreement on the terms and conditions shall prevail.
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