USD, GBP, EUR, JPY, CHF, AUD, NZD, CAD.
Minimum deposit amount is US $50.
MEX Group MT4 platforms do not set up time zone, but apply the "Forex Market Hours”, setting 5:00 pm EST (opening hour) as 0:00
So that the charts can be presented in a standard 5 trading-day week for clients’ easier analysis.
when the leverage is 1:500:
For accounts with leverage of 1:500, when the equity slips below 50% of the required margin level, open positions would be automatically closed at opening prices from positions releasing highest margin to lowest until the margin level is reached.
Maximum Lots per Click and Maximum Open Positions
Restricted by market depth and for risk control, Maximum Lots per Click and Maximum Open Positions are as follows
|Leverage||Stop-out Level||Maximum Lots per Click (XAU)||Maximum Lots per Click (FX)||Maximum Lots per Click (CFDs)|
Clients shall calculate the account equity when reaching the pending order price, to maintain required real-time margin for the execution of pending orders. While pending orders would be automatically cancelled if the margin level is not enough for the execution of the transaction when the price level has been reached.
When the price of a pending order is triggered, all transactions will be executed in the (market order) mode, which can avoid FOK (Fill Or Kill) transactions with other general foreign exchange companies, so that the price touches the stop profit/stop loss but cannot be executed immediately, but at the same time, there is a possibility of positive or negative slippage.
Hedged-position function is available on MEX Group MT4 trading platforms. Customers can choose whether to open hedged-position function (long/short) when opening accounts which does not use margin.
Please be careful not to hold more than one hedged position at the same time to avoid possible risks. Holding a hedged position does not lock the profit/loss or guarantee the position.
When the spread is widening in particular market situations, hedged positions would affect the account equity. In the case of open positions, it would further affect the rate of equity to margin, which may result in stop out in extreme situation.
Possible market conditions where spread widening may occur include:
We have an agency execution model and automatically cover all client positions with executing brokers and liquidity providers. On rare occasions the aggregated price feed which we provide to clients can become “idle”. We reserve the right to reverse market or instant orders are executed where idle prices have been struck. These cases will be investigated by us and the client advised via e-mail or telephone where possible to notify the client of the trades being cancelled. We will use our best endeavours to ensure that the reversal does not result in an unintended position being generated however this cannot be guaranteed. I.e. if the order is executed and subsequently reversed to open a position, any subsequent order(s) closing this position would also be reversed leaving the net P&L at zero so the client is not disadvantaged by this reversal due to our onward transmission of invalid prices.
We have an agency execution model and automatically cover all client positions with executing brokers and liquidity providers. Although we mitigate the risk of invalid prices feeds reaching clients through utilising a price aggregation system which generates a price from multiple liquidity providers (typically in excess of 10 liquidity providers), there are rare occasions where the prices can become “skewed”. In such rare instances if orders are filled at these prices, we reserve the right to reverse orders where misquoted prices have been struck. These cases will be investigated by us and the client advised via email or telephone where possible to notify the client of the trades being cancelled. We will use our best endeavours to ensure that the reversal does not result in an unintended position being generated however this cannot be guaranteed. I.e. if the order is executed and subsequently reversed to open a position, any subsequent order(s) closing this position would also be reversed leaving the net P&L at zero so the client is not disadvantaged by this reversal due to our onward transmission of invalid prices.
STALE QUOTES AND MISQUOTES POLICY
MEX’s quoted prices may on rare occasions become “stale” or “skewed”. MEX reserves the right to cancel orders executed on idle or skewed prices. MEX will actively monitor/report and investigate such trading activity and in the event that trades are being cancelled will notify the client accordingly. MEX will pursue the fair treatment of its Customers and will use its best endeavours to make sure cancellations are performed fairly and that the client is not disadvantaged by the cancellation however this cannot be guaranteed i.e. no inadvertent positions are left open and the client's net position is in line with the client's positions at the time of correction.
Indices,CFD, and Shares CFD
Please note that the dividend or price adjustment amounts listed are provided for reference by our Liquidity Provider only. These figures are subject to change.
Clients who hold CFD stocks until the ex-dividend date listed below will receive or be charged dividends if they buy or sell CFD shares respectively. Dividends will not be received or charged on or after the ex-dividend date.
Clients who hold buy/long CFD shares may receive dividends calculated as follows:
Clients who hold sell/short CFD shares may be charged dividends calculated as follows:
Noted: The dividends will be paid or charged on the ex-dividend date in your trading account.
WHAT IS SCALPING?
In order to ensure the stability of the MEX platforms and products, we define "Scalping" as a method trader use where they open and close trades within a 120 seconds.