Millennium Trader 4 allows you to trade directly on live tradable prices from Sunday 23.30 GMT to Friday 21.00 GMT. The following table show our contract specification:
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Description |
Size of 1.0 lot |
Margin |
Spread |
| EUR/USD |
Euro vs US Dollars |
EUR 100 000 |
USD 1 000 |
8 |
| USD/JPY |
US Dollar vs Japanese Yen |
USD 100 000 |
USD 1 000 |
8 |
| GBP/USD |
Great Britain Pound vs US Dollar |
GBP 100 000 |
USD 1 000 |
8 |
| USD/CHF |
US Dollar vs Swiss Franc |
USD 100 000 |
USD 1 000 |
8 |
| AUD/USD |
Australian Dollar vs US Dollar |
AUD 100 000 |
USD 1 000 |
8 |
| USD/CAD |
US Dollar vs Canadian Dollar |
USD 100 000 |
USD 1 000 |
8 |
| EUR/CHF |
Euro vs Swiss Franc |
EUR 100 000 |
USD 1 000 |
10 |
| EUR/JPY |
Euro vs Japanese Yen |
EUR 100 000 |
USD 1 000 |
10 |
| EUR/GBP |
Euro vs Great Britain Pound |
EUR 100 000 |
USD 1 000 |
10 |
| GBP/JPY |
Great Britain Pound vs Japanese Yen |
GBP 100 000 |
USD 1 000 |
10 |
| GBP/CHF |
Great Britain Pound vs Swiss Franc |
GBP 100 000 |
USD 1 000 |
10 |
| XAUUSD |
Gold (Spot) |
100 tr. oz |
1 tr. oz |
0.50 |
| XAGUSD |
Silver (Spot) |
5000 tr. oz |
50 tr. oz |
0.03 |
Margin Conditon
Forex is traded on margin enabling you to leverage a small margin deposit for a much greater market effect where:
- Maintenance Margin are always 100:1 for Regular Accounts and 200:1 for Mini Accounts
- Weekend Margin are applicable only to Mini Accounts, where Maintenance Margin of the investment will be changed from 200:1 to 100:1
There is NO Maintenance Margin during the week; however, the margin level must be respected by Friday at 21:00 GMT and before holidays. Accounts that fail to meet the required margin levels at the above mentioned hours, must close all or part of their open positions, open a hedge position or deposit more money.
Phone Dealing:
Our dealing room operates 24 hours a day from Sunday 23:30 GMT to Friday 21:00 GMT.
There is no minimum amount that a client can trade by phone.
When a client opens an account, he will receive a phone password. As a measure of security the client has to state his password every time he trades by phone.
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If you have any questions about trading with Millennium, please contact:
Online Sales
Email: info@mifcorps.com
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