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The Bolmax Management Company’s website presented background information on the specification of contracts on financial instruments available for trading for all types of accounts:

 

Contract Specifications for Standard accounts

Contract Specifications for ECN accounts

Contract Specifications for accounts ECN VIP

 

We regularly update the data, but they can be used for general information only. Precise data on the contract specifications is currently available in  MetaTrader4.

Note:

Bolmax Management reserves the right to adjust the spread value, depending on the market situation: in periods of high volatility and / or limited liquidity in the market

 

1 point is equal to:

  • minimal change in the 5th figure after the decimal point for currency pairs with 5 figures after the decimal point (0.00001);
  • minimal change in the 4th figure after the decimal point XAGUSD (0,0001)
  • minimal change in the 3rd figure after the decimal point for currency pairs with 3 figures after the decimal point (0.001);
  • minimal change in the 2nd figure after the decimal point: XAUUSD, XPDUSD, XPTUSD and CFD for US stocks (0.01);
  • minimal change in the 1st figure after the decimal point for CFD on indices and Russian shares (0.1)

 

Positions transfer

Transfer of open trading positions in the next day is carried out by accrual in form of  market swaps (for currencies and metals, the value specified in the swap points, for CFD, the value is specified as a percentage of annualized), which can be both positive and negative. When transferring an open position overnight from Wednesday to Thursday swap is charged in triple size.

 

Collateral for locked positions

Collateral for locked positions is equal to 25% of the standard size of the collateral (for long and short positions ACCUMULATIVELY).

Example: open positions on the account buy 0,1 EUR / USD and sell 0,1 EUR / USD, for a given position in the lock (with leverage of 1: 100), the deposit will be equal to 25 EUR.

Bolmax Managment. All Rights Reserved.

 
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