General Terms
- No trading commissions;
- Leverage from 1:2;
- 1 lot = 1 crypto coin;
- Minimum trade size – 0.01 lot;
- Automatic and instant order execution without dealer intervention;
- Stop and Limit orders do not guarantee an execution price. Execution depends on the current market conditions.
- No requirement for a minimal distance from market price for pending orders;
- Trading with Expert Advisors is allowed;
- Automatic stop out of positions if the account balance reaches 50% of margin requirement. Closure starts from the position with the largest loss;
- Upon the presence of market gaps, activated pending orders will be executed at the best available price at that moment;
- The charts in the platform are indicative. It is possible that during a time of unforeseen/dynamic/volatile market conditions the price may differ from the market quote, at which you can execute a trade.
Key Information Documents
Spread, margin, swap rates and trading hours
| Currency pair | Description | Size of 1 lot | Target spread in pips | Margin | Swap short | Swap long | Trading hours Monday-Friday (GMT) |
|---|---|---|---|---|---|---|---|
| BTCUSD.fx | Bitcoin | 1 | 30 | 50% | 22.5 | -95 | 21:05 – 20:55 |
| BCHUSD.fx | Bitcoin Cash | 1 | 3 | 50% | 0.09 | -0.34 | 21:05 – 20:55 |
| ADAUSD.fx | Cardano | 1 | 0.012 | 50% | 0.001 | -0.003 | 21:05 – 20:55 |
| DOGEUSD.fx | Dogecoin | 1 | 0.0015 | 50% | 0 | -0.01 | 21:05 – 20:55 |
| ETHUSD.fx | Ether | 1 | 4 | 50% | -0.25 | -4 | 21:05 – 20:55 |
| LTCUSD.fx | Litecoin | 1 | 0.5 | 50% | 0.019 | -0.08 | 21:05 – 20:55 |
| DOTUSD.fx | Polkadot | 1 | 0.3 | 50% | 0.0007 | 0 | 21:05 – 20:55 |
| XLMUSD.fx | Stellar Lumens | 1 | 0.002 | 50% | 0.0122 | -0.02 | 21:05 – 20:55 |
* Swap is in quote (second) currency per 1 lot
- During periods of low liquidity or high market volatility it is possible the spread to be widened in correspondence to market conditions.
- Swap rates, also known as overnight or rollover rates, are debits or credits, either earned or paid for holding a position overnight. ELANA Trading settles overnight positions at 21:00 GMT using the swap rates in table above.
- Triple swap is applied on Wednesday to roll the position over the weekend.
Get Started with FOREX359
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