All FXOptimax accounts are Islamic swap free by default. There is no charge for any overnight order in your account.
Please learn the maximum leverage for specific equity levels and exposure.
|Equity / in USD||Exposure / in Mil.||Maximum Leverage|
|0 - 3,000||Less than 0.5||1 : 1000|
|3,001 - 20,000||0.5 - 1.9||1 : 500|
|20,001 - 50,000||2 - 4.9||1 : 200|
|50,001 - 100,000||5 - 10||1 : 100|
|10,000 and above||More than 10||Negotiable|
All pending orders — including buy stop, sell stop, buy limit and sell limit — will be executed only if you have at least 120% free margin level after the pending order is opened.
It is applied to pending orders intended for hedging as well.
FXOptimax implements protection mechanism provided by MetaTrader 4 system to prevent an order being executed by spike or false price.
If price — bid for sell stop and limit, or ask for buy stop and limit — only hit the requested price ONCE (just in 1 tick), than the tick will be ignored.
FXOptimax may temporarily reduced the leverage to 1:100 or any other level on Friday, the last day before holiday or any other possible event that warrants special measure.
This step is necessary to minimize the risk of negative balance, especially in high risk accounts, due to the potential gap when the market reopens after these special events.
We will automatically revert back your leverage to previous state a few hours after the market reopens or once the market has back to normal. We will notify traders prior to the alteration, in case we need to apply any special measure.
We may also limit the leverage in any specific account to prevent negative equity if necessary, mainly due to high risk trading styles, such as but not limited to:
- Trading during high impact news announcement
- Martingale / averaging trades
- Trading with maximum lot-size
FXOptimax reserves the right to reduce the leverage of the trading account and notify the trader after adjustments are made. We strongly recommend all traders to provide adequate capital and use a proper risk management.