Does 2BFOREX use Margin Calls?
Friday, July 10, 2009 Labels: Forex Basics, Forex Market, Forex Terms, What is Forex 0 commentsWe do not use Margin Calls.The Term Margin Call refers to a closure of all open positions by the broker when the level of minimum margin security is breached. The customary minimum level of margin ranges between 1% to 2% on weekdays, and increases to 3% to 4% over the weekends and holidays. Please note that as a result, positions may be closed despite a positive free balance in your account.The 2bForex philosophy is to allow investors to make full use of their free balance as a margin for their open positions, which means that positions will remain open as long as you have a positive free balance in your account.
Do you charge rolling fees for rolling-over the open positions?
2BFOREX does not charge any commission or fees for rolling-over positions. In addition, you, as an investor may gain from the rollover process. During the rollover process (which is similar to automatic Forward every two business days), traders will either earn or pay away points depending on the interest rate differential between the two currencies.
How can I fund my account?
2BFOREX provides two convenient means for depositing funds: online, using your credit card or via a bank wire transfer.
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