Minimum deposit amount is $50
MEX Atlantic's 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.
Margin trading can be a useful method to boost your equity, enabling you to make profits without having to increase your deposits. Margin trading also comes a risk of you sustaining losses in excess of your deposited funds. Please refer to specific risk warning for each regulated entity during the account opening process.
MultiBank Group’s trading platforms are set to close open positions when the stop-out level is reached. When the equity in trading account falls below 100% of the required margin you will automatically receive a margin call notification by email. If your equity drops beneath 50% of your margin requirement our systems will start closing your positions. It is your responsibility to have enough funds on your account to fully cover the margin requirement of your open positions.
Please note that the stop out level may vary according to the country of residency. For further information please contact our customer service department.
Restricted by market depth and for risk control, Maximum Lots per Click and Maximum Open Positions are as follows
per Click (XAU)
per Click (FX)
per Click (CFDs)
Positions (on all products)
*“The maximum lots per click and maximum open positions vary according to the country of residency”
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.
Hedged-position function is available on MEX Atlantic’s 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.
For example, for one standard lot of hedged position of EURUSD, 1 point of increase in market spread would result in floating loss of USD10 in account equity.
Possible market conditions where spread widening may occur include: opening hours, closing (interest accrual) hours, news and data hours, holidays, thin market with large market entry, fluctuating market and other special market conditions. In addition, buy and sell orders of the hedged positions are accrued normally. However, MEX Atlantic Group does not recommend hedged positions.