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MT4 has various different order types, and has the ability to auto stop out to help you to control risk. We suggest clients download a demo version of MT4 to fully understand the trading platform.
No, we will not issue any margin calls. Clients need to monitor and maintain their required margin for their existing position. Otherwise, they may face the risk of an auto closeout (force liquidate) by the trading system and clients will be responsible for any loss incurred.
Yes, apart from market order type, the system will limit the price you set with reference to the current market price.
MT4 has a built-in auto stop-out function to help you to control trading risk. You have the freedom to set any stop-loss order but the order must precede the system precalculate stop-out order (force liquidate). Otherwise, the existing position in your account will be force liquidated and you will be responsible for any loss incurred.
During the weekdays, MT4 clients can open their position using intra-day margin. However, the intra day margin will be adjusted to overnight margin thirty minutes before day-end at the end of each week (including any holidays). Therefore, you must maintain full margin if you want to hold your existing position through the weekend or holiday. We will not notify or issued any margin call once it has been adjusted during this period, and you may face the risk of force liquidation if you do not meet the required margin.
The auto stop-out level for the MT4 bullion trading platform is 6% of the initial margin. Once the total equity has fallen below this level, all the positions in the account will be close-out and clients will be responsible for any loss incurred. We will adjust the auto stop out level according to the market condition, and it will be subject to change without notice.
The minimum number of lots in MT4 Bullion trading platform is 10 ounces, which is the one-tenth of a typical lot for gold.
Trading spread:
Loco London Gold: the minimum spread in a normal day is 0.5 USD per ounce.
Loco London Silver: the minimum spread in a normal day is 0.05 USD per ounce.
The spread will be adjusted subject to market conditions and may be widened in a volatile market.
From October 21, 2013, every account in the MT4 trading platform will now have the auto position-lock function, which means clients can take two positions (long and short) of the same product at the same time.
With regard to position-lock trading, please refer to the “Guideline for position locking”.
Regarding trading price, system error, wrong price
Haitong International Bullion Limited reserves the right to make the final decision in case of any disputes.
Contact Us
Email: [email protected]
Enquiry Form: Please click below Enquiry Form
Hotlines
- Customer Service Hotline: (852) 3583 3388
- 400 001 1822
- Complaint Hotline: (852) 2801 6128
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Write to us by mail or fax to our
Customer Service Department
15/F, One Island South, 2 Heung Yip Road
Wong Chuk Hang, Hong Kong
Fax: (852) 2530 1689
View the address of Customer Services Centre and Macau Office >>