Here is detailed product information for all the instruments we offer. You can also find them in the trading platform in the ‘specification’ section of the instruments.
Below you can find all the product information for the instruments we offer. These are also available in the trading platform by ‘right-clicking’ on the instrument and then clicking on ‘specification’.
This concept enables you to place trades using a small amount of the value of the trade as a deposit, known as the margin. Leverage can prove to be an immensely useful tool for clients & take advantage of all the movements in the market over small amounts of capital. However, there are certain risks that can magnify the losses.
Thus, we recommended using effective risk mitigation tools (such as stop-loss orders) and money management while trading with leverage so as to mitigate the risks of trading.
When you hold a position overnight, you owe SWAP charges. It is actually the cost of borrowing between the value of one currency against the other in a Forex Pair or the outright finance charge of leverage on instruments. You may pay or even receive overnight fees.
To view, overnight fees are available in the ‘Product Specifications’ of each instrument in the trading platform. Just like a spread charge, they are quoted in points and applied to your trade overnight just like a spread charge.
Equity-based instruments are subject to a number of Corporate Actions and Dividend Adjustments.
When a dividend is paid out, an Index price is re-valued to adjust for the dividend payment. This price adjustment means that a client should neither benefit nor be penalized. Thus, the difference i.e. the ‘dividend’ is adjusted to the P&L of the trade.
A point where the contract expires and no delivery takes place of the asset is an expiry date which is set for all future contracts. At this point, Marvel offers CFD Futures, which means our contracts don’t expire but roll forward to the next period. This allows clients to keep trading and holding positions.
When a CFD Future contract is rolled, it is adjusted from the current month’s expiry date to the next month’s expiry date. To ensure that clients are not disadvantaged from these rollovers, the change in the two prices is adjusted to client accounts.
Financial Market Hours are often adjusted around Public Holidays and world events. Marvel keeps you updated with market notifications that set out any changes to the ‘normal market’ hours.
Trading with leverage means that you use small amounts of capital to place larger trades. This capital is known as Margin. Maintaining a sufficient margin in your account is important for times when the market moves against you.
If the equity on your account falls to 80% of the margin required, you will enter a ‘margin call’. This invites a period where you should add more funds to increase your equity or reduce your margin requirement. If the equity on your account falls to 50% of the margin required, your largest positions and subsequent positions may be closed out.