Units of first currency / Leverage = margin requirement
Example 1: trade of 1 lot on GBPUSD with leverage of 1:100
1 lot = 100,000 units of base currency, in this case the GBP100,000
100,000/100 = GBP 1,000 Margin requirement
Example 2: A trade of 1 lot on GBPUSD with leverage of 1:500
1 lot = 100,000 units of base currency, in this case GBP100,000
100,000/500 = GBP200 Margin requirement
100 trades in total, including pending orders
The profit/loss per pip is calculated as per below tables.
The profit/loss per pip is always calculated based on the term currency (the 2nd currency in a pair). If the Alpari account is in the same currency as the term currency, any profit/loss made does not need to be converted. If otherwise, the profit/loss would be converted in to the deposit currency at the spot rate of the platform.
The only currency which has a different profit/loss value per pip is any JPY currency pair:
Example:
You buy 0.02 lots EURUSD at 1.40908, the trade closes at 1.41000, and you have a GBP Alpari account.
• (1.41000 – 1.40908) = 0.00092 = 9.2 pips
• 9.2 pips x USD0.10 (profit/loss per pip per 0.01) x 2 (as it is 0.02 lots) = 1.84
Your profit is 1.84 USD. This is converted to GBP and your account balance will increase by £1.14 (USD1.84/1.6130 using the rate at the time of writing).
Please email us at support@alpari.co.uk quoting your Alpari (UK) account number, the order number and an explanation of exactly what the query is. The more supporting evidence you provide the quicker we can review your query.
Right click on the trade with your mouse – choose "Close order".
A pop up box will appear; select under "Volume" the amount that you want to reduce it by, then click the yellow bar "Close" and then click OK.
Yes, we support history data for 1min, 5min, 15min, 30min, 1hr, 4hrs, daily, weekly and monthly.
The most basic technique for establishing an appropriate exit point is the trailing-stop technique. Very simply, the trailing stop maintains a stop-loss order at a precise percentage below the market price (or above, in the case of a short position). The stop-loss order is adjusted continually based on fluctuations in the market price, always maintaining the same percentage below (or above) the market price.
Deciding what constitutes appropriate profits (or acceptable losses) is perhaps the most difficult aspect of establishing a trailing-stop system for your disciplined trading decisions. Setting your trailing-stop percentage can be done using a relatively vague approach rather than precise precepts.
MT does have trailing stops included (go to Terminal – Trade tab – right click with the mouse on any trade and select Trailing stops). The most important thing to know is that the Trailing Stop has to be in profit for the number of specified pips before it gets activated.
In Alpari (UK)'s MT4 5 decimal place system 10 points equal to 1 pip, therefore if you are setting a trailing stop at 50 points, it equals to 5 pips.
Buy/sell limit: a limit order is an instruction to deal if the price moves to a more favourable level that is why these orders are called improvement orders: you hope to trade at an improved price to that currently available in the market. So a limit order would be a request to buy at a price lower than the current price or request to sell at a price higher than the current price.
For example: If the current offer in GBPUSD is 1.61086, you might leave a limit order to buy at 1.61070.
If the current Bid price in GBPUSD is 1.61086, you might leave a limit order to sell at 1.61099.
Buy/Sell Stop: a stop order is an instruction to deal if the price moves to a less favourable level (remember it is less favourable to buy at higher prices and to sell at lower prices). So a Stop order would be a request to buy at a price higher than the current price or a request to sell at a price lower than the current price.
For example: If the current price of spot EURUSD is 1.38985, you might leave a stop order to buy at 1.38998.
If the current price of spot EURUSD is 1.38985, you might leave a stop order to sell at 1.38975
No, Alpari (UK) neither offers nor supports VPS, but have no objections to their use.
Risk warning: Forex, spread bets and CFDs are leveraged products. They may not be suitable for you as they carry a high degree of risk to your capital and you can lose more than your initial investment. You should ensure you understand all of the risks.
Alpari (UK) Limited is authorised and regulated by the Financial Services Authority (FSA) in the United Kingdom. FSA Register number 448002.
VAT registration number 995939140. Company number 05284142. Registered office: 201 Bishopsgate, London, EC2M 3AB, United Kingdom.
Alpari (UK) is an independent entity within the association of Alpari companies.
