Trade Forex with Novotrend. Profit from price movements by buying/selling over 50+ currency pairs and enjoy the following benefits
Market order execution
Leverage of 1:500
MetaTrader5
Low spread
50+ Currency pairs
FOREX is the largest financial market. Due to its high liquidity and large volumes of transactions, this market attracts millions of traders. It is probably one of the most accessible and potentially profitable trading platforms.
| Instruments | SELL | BUY | Daily Changes | Daily chart | Contract Size | Swap Short/Long |
|---|---|---|---|---|---|---|
 EUR/USD |
|
100.000 | -8.5212/0.2321 | |||
 GBP/USD |
|
100.000 | -8.0448/-0.4918 | |||
 AUD/USD |
|
100.000 | -3.3637/-1.9682 | |||
 USD/CHF |
|
100.000 | -3.942/-0.652 | |||
 USD/CAD |
|
100.000 | -5.032/-2.8133 |
Forex trading is available 24 hours a day, Monday to Friday, through the MetaTrader 5 trading platform.
High liquidity - the Novotrend pool includes the best liquidity providers, which ensures secure trade execution.
This accounting system enables you to have many trading positions for one and the same instrument in your account including multidirectional positions.
It gives you the opportunity to work in a training mode without real money, but at the same time to work out a trading strategy qualitatively. They have the same functionality as the real ones.
The EUR/USD price is 1.16500/1.16501 and you decide to buy 1 standard lot (100 000 equivalent) at 1.16500.
The value of your position is 100,000*1.16500 = USD $116500. The leverage on your trading account is 1:500 therefore the margin required to open position is USD $116500 / 500 = USD $233
on Trade
After a week, the Euro has risen against the US dollar to 1.16500/1.16988, and you decide to lock in your profit by selling a standard lot at 1.16988.
Let's assume that your account type is Real.MT5, and your account currency is US dollars.
In this case, the leverage for the major currency pairs would be calculated as follows based on the table below:
Let us open a position to buy 10 lots of EURUSD at 1.16500.
The nominal value of the position in the account currency (USD) is 10 lots x 100,000 x 1.16500 = USD 1,165,000 which is less than 1 level up to USD 5,000,000.
Hence, a leverage of 1:500 will be applied to this position and the margin requirement will be calculated.
| Position Par Value, USD | Leverage |
|---|---|
| Upto 5,000,000 | 1:500 |
| 5,000,000 - 7,500,00 | 1:200 |
| 7,500,00 - 10,000,000 | 1:50 |
| Over 10,000,000 | 1:10 |
Trade more than 50 currency pairs and benefit from the foreign exchange differentials on the Forex market.
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Successful trading on financial markets starts with a user-friendly and functional trading platform. MetaTrader 5 is the best choice for modern trader.
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Order execution time is 0.20 milliseconds (0.02 sec).
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