Forex >> NZD/USD
| Symbol |
NZDUSD - (New Zealand Dollar vs US Dollar) |
| Tick Size (Minimum Fluctuation): |
0.0001 |
| Minimum Spread: |
5 Points (5 Ticks) |
| Commission: |
FREE
|
| Trading Hour (GMT+7): |
Daily trading hour(s) from Monday 06.30 To Friday 03.00 (next day) |
| Daily Limit: |
- |
| Settlement Type: |
Cash |
| Auto Liquidation: |
30% of Intra-day Margin |
| Auto Hedge: |
- |
| Financial/Swap Rate: |
Long: |
4.13% |
| Short: |
-7.0% |
| Contract Size |
US$ 100,000 |
US$ 200,000 |
US$ 300,000 |
| Value per Tick: |
US$ 10.00 |
US$ 20.00 |
US$ 30.00 |
| Intra-day Margin: |
US$ 1,000 |
US$ 2,000 |
US$ 3,000 |
| Hedged Margin: |
US$ 1,000 |
US$ 2,000 |
US$ 3,000 |
| Overnight Margin (Open Position): |
- |
- |
- |
| Swap Calculation: |
Contract Size * NZDUSD Closed Price * Swap Rate * lot / 360
Example: Client buy 1 lot NZDUSD and leave it overnight, NZDUSD market price closed at 0.7938 on that day; Calculation: 100,000 * 0.7938 * 0.0413 * 1 / 360 = US$9.10
|
| P/L Calculation: |
(Selling price - Buying price) * Contract Size * Number of Contract(s)
Example: Client buy 1 lot NZDUSD at 0.7938 Settle at 0.7946; Calculation: (0.7946 - 0.7938) * 100,000 * 1 = US$80.00
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