Example1: CHF/JPY = contract size * trading lot * overnight interest rate (%) / 360 * days/closing exchange rate of "USD/CHF"
Example2: EUR/GBP = contract size * trading lot * overnight interest rate (%) / 360 * days * closing exchange rate of "EUR/USD"
6.3 Precious metals:
6.3.1 XAUUSD: Transaction price * contract size * trading lot * overnight interest rate (%) / 360 * days
6.3.2 XAGUSD: Transaction price * contract size * trading lot * overnight interest rate (%) / 360 * days
6.3.3 HKGHKD: trading lot * overnight interest amount * days
6.3.4 RKGCNH: Transaction price * contract size * trading lot * overnight interest rate (%) / 360 * days / exchange rate of USDCNH
6.4 The annual interest rate will be determined by reference to the relevant market interest rate at that time and will be posted on our EIEHK MT4 platform.
6.5 We will not pay any interest on the temporary margin in your account.
7. Liquidation
7.1 If the equity/margin ratio is equal to or below 20% due to price fluctuations during our trading periods, liquidation at the current market price will be triggered. Our
online trading system will close open positions with the greatest unrealized loss first, followed by the next largest losing position, and so on, until the maintenance
margin requirement is satisfied or exceeded.
7.2 If the equity/margin ratio is less than 60% before the weekends or market holidays, it will trigger the forced liquidation of the market, and the last traded order will
be partially or completely closed first until the margin is sufficient.
If there is an imbalance between the long and short positions in the lock-up situation, part or all of the last traded order with more lots on one side will be closed
first, orders with less lots on one side will not be closed, until the margin is sufficient or until the lot size of long and short positions became the same. The lock
position of the balance of long and short positions will not trigger the forced liquidation of the market.
7.3 If the market prices move sharply due to large fluctuations or other reasons, it is possible to occur liquidation and negative balance.
8. Phone Dealing
8.1 To provide clients with the convenience of trading the internet is inaccessible to them, we have set up a special dealing hotline with a service charge of USD30 per
transaction. In the event of computer failure on our side and/or internet trading is temporarily suspended, using our phone dealing services will not incur any
charges. Dealing Hotline: 81001839
9. Fund Deposit and Withdrawal
9.1 Except for special arrangements, clients must apply for withdrawal from 9 am to 3 pm from Monday to Friday (except for Hong Kong public holidays). The Company will
process it within one to two working days. During all non-trading hours, the Company will not accept any client withdrawals and internal transfers.
9.2 For margin deposit or withdrawal, both staff and Client shall make sure the transaction's correctness followed by acknowledgment. The Client may withdraw the available
balance after deducting the amount of margin requirement for the open, locked position(s) and floating profit in the corresponding account(s).
9.3 If the margin deposit is by cheque, it will not be credited until the cheque is cleared.
10. The transaction exchange rate is calculated at 1 US dollar to 7.8 Hong Kong dollars. If the exchange rate fluctuates significantly, the Company reserves the right to make adjustments. If there are any changes, our Company will notify you separately.
11. Dormant Account
11.1 Dormant account is an account with no trading record within twelve consecutive months, as well as no open position during the period. The following measures
will be applied toward such account(s):
11.1.1 The Company shall charge an annual handling fee of USD13 against the dormant account.
11.1.2 According to the relevant trading agreement(s) signed by the Client, account(s) with a zero equity amount will be closed by the Company. Thus, the Client shall
maintain a positive equity amount with his/her account even if there is no open position residual.
12. Delivery of Account Statement
12.1 The Company will send daily and monthly statements by email.
12.2 Clients can request in writing, and in the form of payment, to obtain past account statements from the Company (each daily/monthly statement pays USD13).
This document is current as of the date of publication. The Company reserves the right to change the content. For the latest information, please refer to the trading platform or contact client
service. Please note that spreads or margin requirements may change due to market conditions.
Updated on 3 Oct 2022
EMPEROR VIP CENTRE : Room 801, 8th Floor, Emperor Group Centre, 288 Hennessy Road, Wanchai, Hong Kong
Hot Line: (852) 9262 1888 / (86) 135 6070 1133
Email: bb@MW801.com
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