Advanced Financial Union Ltd
Terminology
■Buy Buying is also called buying up or going long, indicating that the price rises and buys a certain amount of goods. ■Sell Selling is also called selling or shorting, which means that the price is judged to fall and a certain amount of goods is sold. ■ Jiancang Also called opening a position, means buying or selling a certain amount of goods. ■Number of hands Refers to the number of items traded in each transaction. Forex 1 is equal to 100,000 base currency, London Gold 1 is equal to 100 ounces, London Silver 1 is equal to 1000 ounces, and crude 1 is equal to 1,000 barrels. ■Point "1 point" refers to the spot gold of 0.1 US dollars / ounce, foreign exchange is 1 point of the minimum organization of the list currency currency. For example, the smallest organization of the US dollar is 1 cent, that is, 0.01 US dollars, so the euro against the US dollar, the British pound against the US dollar is 0.0001 US dollars, the minimum organization of the yen is 1 Japanese yen, so the dollar against the yen 1 point is 0.01 yen. ■Minimum amplitude The smallest organization of commodity prices per beat, the minimum volatility of most commodities is 1 point, London gold is 0.01 US dollars, the euro against the US dollar is 0.00001, and some commodity prices have a minimum volatility of 5 points, such as SPX500 price per beat, minimum It will rise or fall by $0.05. ■Margin The mortgage funds that must be invested when opening a position. The margin required for each transaction is the actual transaction funds/leverage ratio. 1 lot of euro against the US dollar at the price of 1.33000 when the actual value of 133,000 US dollars, such as 100 times leveraged account, Jiancang 1 lot of euro against the US dollar order requires a deposit of $ 1,330. Back to top ■ Forced liquidation When the investment account net/margin ratio is less than or equal to 100%, in order to prevent the risk from further expanding, the system will perform a forced liquidation. ■ commission The transaction fee charged during the traditional broker mode transaction, the transaction made through the online trading platform does not charge the customer commission. ■T+0 It means that the position can be closed on the day of opening the position, and T+1 means that the second day after the opening of the position (that is, one day later) can be closed. The digits after T indicate how many days after the position is opened can be closed. The trading platform can close the position immediately after opening the position, so we belong to the T+0 transaction. For example, stocks cannot be sold on the day of purchase, and they cannot be sold until the next day, which is a T+1 transaction. ■ Contract organization It refers to the quantity traded in the first-hand commodity. The contract organization of 1 lot of foreign exchange is 100,000 base currency, the contract organization of 1 lot of London gold is 100 ounces, and the contract organization of 1 lot of London silver is 1000 ounces. ■ ounce The ounces in the London gold/silver trade refer to the troy ounces, which are dedicated to the measurement of precious metals. 1 troy ounce = 31.1035 grams. ■ Spread It refers to the difference between the bid price and the bid price in the trading platform, that is, the transaction cost of opening a position. The company will charge the spread when the position is opened. The London gold standard spread is $0.44 per ounce, and the London silver standard spread is $0.04 per ounce. ■Overnight interest It means that the position on the day of the opening of the position has not been closed, and the position of the position reached the next day will generate overnight interest. Buying a position and selling a position will require an overnight interest rate based on the closing price of the day, the corresponding interest rate, and the number of overnight days. The overnight interest charged or given by different varieties is different. For details, please refer to the AFUFX Trading Commodity Interest Statement. ■ Hold overnight The overnight stay is not divided by 12 am. After opening a position to 8:00 (winter time) in Beijing time, there will be overnight interest. The time is based on the records displayed by the system. ■ leverage ratio The leverage ratio is the ratio between the actual value and the margin. Leverage ratio = actual value ÷ margin. Assuming London gold is $1,250 per ounce, the actual value of a handful of London gold (100 ounces) is: $1,250 per ounce x 100 ounces = $125,000, while the one-hand London gold margin is $1,250, the leverage ratio It is $125,000 / $1250 = 100. Indicates that the actual value of the transaction is 100 times the deposit. ■ pending order Pending orders refer to setting an ideal transaction price. When the latest market price reaches the price set by the customer, the system will automatically open the position. The advantage of the pending order is that the customer can open a position at the ideal price, and the customer can select the transaction type, the lot size and the target transaction price, without paying attention to the market conditions or logging into the trading platform. ■ Stop Loss Stop Loss means that the closing price is set in advance for the trading order. When the market price reaches the set stop price, the system automatically closes the trading order, and the stop loss setting in the MT4 platform is used to control the loss. The stop price needs to be set in the loss area of ​​the price (that is, the stop price of the long position should be set below the opening price, and the stop price of the short position should be set above the opening price). The stop price of the euro against the US dollar must be at least 100 points from the current price. ■Winning Win-win (also known as 'profit-making') means setting the closing price for the trading order in advance. When the market price reaches the set winning price, the system automatically closes the trading order, and the stop-win setting in the MT4 platform is used. Lock in profit and prevent losing profits that have already arrived due to price changes. The stop-off price needs to be set in the profitable area of ​​the price (that is, the stop-off price for long positions should be set above the opening price, and the short-selling price for short positions should be set below the opening price). The euro-dollar win-off price needs to be at least 100 points from the current price, and the London gold needs to be at least 100 points from the current price.

Risk warning: Margin spread contracts involve high risk and may not be suitable for all investors. Investors may encounter losses that exceed the amount of money they receive in trading. Messages on this website, e-mail or related websites will not recommend any financial products, nor will they contain information based on investors'personal goals, financial status and needs. Before deciding to trade margin spread contracts in AFUFX, please read our Product Disclosure Statement and Financial Services Guide carefully and seek the advice of independent experts if necessary. Investors with low risk tolerance or over 60 years of age are not recommended for trading. All information and content of this website may be changed at any time without further notice. You are browsing the interface of AFUFX's Hong Kong website. Please note that this website is set up by Chinese users who are easy to use. It is still an American website whose content is governed by the relevant laws of the United States and the Commonwealth. Transactions are risky and investments need to be prudent.