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I - T R A D E F X |
Account Types |
In effort to better serve our clients, i-Trade FX is proud to announce a leverage* margin increase from 100:1 to 200:1 on all live trading accounts. In addition, clients of i-Trade FX no longer have to pay on a positive swap in order to receive applicable swap rates.
Leverage refers to the amount of money the client controls relative to the margin (the larger position is often referred to as the 'notional' value).
For example, suppose a trader puts down $1,000 as a margin in order to control $100,000. In this case, the trader's leverage would be 100:1 because the trader controls one-hundred times what is put down. Likewise, the level of margin would be 1% because only 1% was required to open the larger position.
i-Trade FX Account
The i-Trade FX Forex trading platform provides our clients with increased trading leverage allowing them to trade at an unprecedented 200:1.
| $2,500 to Open | Open a Live Account |
| Up to 200:1 Leverage* | Open a Practice Account |
| 100,000 Unit Trade Size | |
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*The leveraged nature of Forex trading means that any market movement will have an equally proportional effect on the client’s deposited funds. This movement may work against a client as well as for the client. The possibility exists that the client could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain a position. If the client fails to meet any margin requirement, the position may be liquidated and the client shall be responsible for any resulting losses. To manage exposure, clients may consider employing risk-reducing strategies such as 'stop-loss' or 'limit' orders.
i-TradeFX.com is a registered Futures Commission Merchant, regulated by the Commodity Futures Trading Commission (NFA ID #0367140). Forex trading carries a high level of risk and is not suitable for all investors.
What is Rollover?
Rollover is the interest paid or earned for holding a position overnight. Each currency has an interest rate associated with it. Forex is traded in pairs, therefore every trade involves not only 2 different currencies, but their two different interest rates. If the interest rate on the currency you bought is higher than the interest rate of the currency you sold, then you will earn rollover (“positive roll”). If the interest rate on the currency you bought is lower than the interest rate on the currency you sold, then you will pay rollover (“negative roll”). Rollover can add a significant extra cost or profit to your trade.
Benefits of i-Trade FX Positive Rollover
- Rollover is interest earned or paid on positions held overnight
- Charged at 5:00 PM EST
- i-Trade FX displays rollover amounts
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