Please note following are Trade Rules which you have to do and disobedience of the rules is forbidden. England Foreign Exchange Trade Rules react on every one who turns away from the rules. All actions which interrupted on server system are containing on penalty.
Trading Rules!
1. Buy/Sell order should enter from Sunday at 23:00 GMT to Friday at 2300 GMT.
2. Order should be consistent with previous days trend (i.e.; Previous day up, Place "Buy" market order,
Previous day down, enter "Sell" market order at open).
3. Trading is just through the Internet Trading Platform.
4. 39 CURRENCY PAIRS Trading plus Gold.
5. Minimum trading lot is 0.01 and Maximum trading lot is 0.1 basic currency units (Micro).
6. Minimum trading lot is 0.1 basic currency units (Standard).
7. Minimum trading lot is 1.00 basic currency units (Vip ,Advance)
8. Minimum deposit is $300. (Account Type)
9. No swaps on open positions.
10. The minimum of level of Stop Loss, Take Profit and limit orders on a market price is equal to 1.5 spread
of all currencies on currency price.
11. EFXCO rules do not give any rights to the Clients to change or remove Stop Loss, Take Profit and Limit
Orders if the price reaches to the level of the order execution.
12. The deal (opening or closing a position) is executed at the "BID" / "ASK" prices offered to the Client.
The Client chooses the desired operation and makes a request for the deal confirmation by EFXCO.
The deal is executed at the prices the Client can see on the screen. During the confirmation the price
may change, and the Company has right to offer the Client a new price.
13. Unnecessary request duration less than 1 min is forbidden on normal accounts.
All positions less than 5 min and up to 5 pips and generally any action such as hedging and …
which are including mentioned items are not accepted by EFX Trading Rules and if so,it will be
including penalty and will be deleted.
14. If above mentioned condition repeat then the account will be blocked.
15. All positions with the closed amount on Zero”0” are not taking place in calculation.
16. Sending unnecessary and more than 5 Request per min will include penalty.
17. Caused Increasing Server load is including penalty.
18. Do not trade on important economic news (which causes so many markets volatility on 5 min period).
19. Margin call level calculation is: MC = Equity / Margin * 100 %
A: Margin call alarm <80
B: Margin call closed all orders <50