How does floating leverage work?
For traders’ safety and comfort, we use floating leverage on our Optimum account. This means that the higher the volume of your order, the lower the leverage becomes. Floating leverage only applies to Forex and Metals pairs and is distributed across your order volume as detailed in the table below. Trade volumeLeverageUSD 0 - 50,000 1:1000 (0.1%)USD 50,001-100,0001:500 (0.2%)USD 100,001-1,000,000 [...]
How to set up Google Authenticator and link it to Backoffice?
Google Authenticator is an app on your telephone or tablet computer that generates security codes. The codes are updated every 30 seconds, and can be used to strengthen security on your account. When authorising a withdrawal, you will be asked to input the code from Google Authenticator. 1. Download the Google Authenticator app onto your mobile device from Google Play or AppStore. [...]
What are swaps and how are they calculated?
Swaps are the interest that is earned/paid on your trade if it is held overnight. Swaps vary depending on the financial instrument you are trading because each instrument will have its own interest rate. To find out the swap rate for an instrument, please consult the Rollover policy page and scroll down. You will see two rates: Short and Long. If you have a Buy trade, use the Long rate; if you [...]
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