It is preferable, however, to use the same personal details as for your other trading account. You can register for an additional account in the Members Area with 1 click. You are free to hedge your positions on your trading https://www.forbes.com/advisor/investing/what-is-forex-trading/ account. Hedging takes place when you open a LONG and a SHORT position on the same instrument simultaneously. When you open a BUY and a SELL position on the same instrument and in the same lot size, the margin is 0.
This aspect may impact the evaluation performed with the demo account. We advise you to be cautious and avoid complacency about any conclusion that you may draw from using a demo account. This applies to all withdrawal methods, and the withdrawal has to go back to source of funds deposit. It is set at a percentage level either below the market price for LONG positions, or above the market price for SHORT positions. You need to leave certain distances from the current market price when you set up stop/limit orders. Please note that trailing stops become inactive when you close or log out of the platform.
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See examples of Certificates of Review and learn useful tips when applying. HRT has a substantial footprint in the U.S. equity markets. Our mission is to link our deep liquidity to the U.S. retail broker-dealer community utilizing our state-of-the-art market making technology. We distinguish ourselves through our focus on customer service and execution quality. Our internal code of ethics far exceeds the expectations of the regulatory environment in which we operate. We are conscientious market participants advocating for fair and transparent markets for everyone. Here, your contributions can make an immediate and tangible impact.
- Founded in Chicago in 2004, Simplex is a leading, technology-driven, proprietary trading firm.
- We communicate with our clients in ways they can easily understand, and we’re always transparent about our pricing and trading conditions.
- Investing in securities involves risk, including possible loss of principal.
- If you have deposited at least $200,000 in the new account, and you make subsequent deposits in that account to reach a higher tier, you will receive a second cash credit following the close of the 60 day window.
- A color copy of valid passport or other official identification document issued by authorities (e.g. driver’s license, identity card, etc).
We communicate with our clients in ways they can easily understand, and we’re always transparent about our pricing and trading conditions. Welcome to the world of foreign exchange, where currencies are bought and sold on a daily basis. Register today and start trading your preferred forex pairs from anywhere, at any time. As per the US regulations, our customers are required to provide tax forms to document their status. With regards to the investment platform, the customers receive the value of the dividend after tax deductions. Futures contracts have limited lifetimes; they have pre-set open and expiration dates.
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The regulations apply to long positions on in-scope instruments opened on or after 1 January 2017 , as well as any new positions on in-scope instruments from 1st January 2022, onwards. These instruments include, among others, any US listed equities. DotBig does not automatically rollover positions to the next expiration; your positions are closed just before the expiration date of the futures contract. A futures contract is an agreement to buy (“go long”) or sell (“go short”) a trading instrument at a predetermined price and time in the future. When placing a trade in the spot forex market, the actual value date is two days forward, for instance, a deal done on Thursday is for value Monday, a deal done on Friday is for value Tuesday, and so on. On Wednesday, the rollover amount is tripled to compensate for the following weekend . Sometimes, however, especially when important economic news is released, due to a sharp rise/fall in the market price, your order may be filled at a different rate than you requested.
Should the slippage of a certain currency pair cause a negative balance, it will be reset automatically with your next deposit. Once your application for an account has been submitted, it will be reviewed by the relevant department and you will be contacted in due course. If you wish to update your residential address, please send an email to from your registered email address and upload the POR confirming that address in the Members Area. If you wish to update your email address, please send an email to from your registered email address.