TeleTrade offers its clients two account types. Depending on your trading strategy and trading style, you can use one of the following account types:
STANDARD
GENERAL TRADING CONDITIONS:
- Floating spreads
- 5/3 decimal precision of quotations
- Stop-Out level of 20%
- No or minimal Freeze Level
- Instant Execution:
- Guaranteed execution price
- Possibility of requotes
- Execution time can be increased in the periods of high volatility or low liquidity in the market
Attention! An open position which is left overnight is credited (or charged) with a swap, which is a fixed value. For all financial instruments, swaps are charged at a triple rate on Wednesday nights. On a Friday night, swaps are charged as per one night. Due to technical reasons, the calculation of swaps starts at 23:59:00 (trading time). Therefore, the very last minute of the day can be taken into account when crediting/charging swaps.
Prior to starting trading, we recommend you to read the regulating documentation before beginning your trading.
If you have any questions, please contact us to get qualified assistance by any means of communication suitable for you.
TRADING INSTRUMENTS
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PROFESSIONAL
GENERAL TRADING CONDITIONS:
- Floating spreads
- 5/3 decimal precision of quotations
- Commission for execution of operations
- No Freeze Level
- No or minimal Freeze Levell
- Stop-Out Level of 20%
- Market Execution:
PRICE FORMATION:
Floating spreads are formed by the market. Ask prices and bid prices for trading instruments are formed based on prices provided by major banks, which are transmitted by the liquidity provider. Mostly, spreads are narrow, but in the periods of high market volatility (for example, when major macroeconomic data are released) spreads may widen for a short period of time.