Examples of Margin FX Contract in a sentence
A Margin FX Contract is a leveraged OTC derivative Contract that allows you to try and make a profit by speculating on the value of one currency compared to another.
For a Margin FX Contract, you can use this formula: (Contract Size x Volume (in lots)) / Leverage = Margin required.
Because entering into a Margin FX Contract involves trading one currency against another, you have the ability to make money when you think one particular currency is going to drop.
The profit or loss from a Margin FX Contract is calculated by keeping the units of the base currency constant and working out the difference in the number of units of the term currency.
A Material Error may include an incorrect price, date, time or Margin FX Contract or CFD or any error or lack of clarity of any information.
In the event that a Material Error has occurred and we exercise our rights under paragraph 4.14(a), we may, without notice, adjust your Account or require that any moneys paid to you in relation to the Margin FX Contract or CFD the subject of the Material Error be repaid to us as a debt due payable to us on demand.
CFDsBenefits relating to the Margin FX Contract);(c) any commission charges relating to the Margin FX Contract; and(d) any other fees or benefits relating to the Margin FX Contract.
There are two currencies represented in every quote for a Margin FX Contract, a “ base currency” against another currency, known as the “term currency” (also known as a “quote” currency).
Unlike the Nairobi Securities exchange (NSE), London Stock Exchange (LSE) and other exchanges, there’s no clearing house for Margin FX Contracts and CFDs, and the performance of a CFD and/or Margin FX Contract by us isn’t “guaranteed” by an exchange or clearing house.