Types of orders: London Prime provides its Clients with these types of orders: Buy Limit, Sell Limit, Buy Stop, Sell Stop, Take Profit, Stop Loss.
Trading hours: The overview of the trading hours for Forex, Commodities, Indices and Bonds can be found by clicking on properties within all symbols at the MT4 platform. The overview of the trading hours for Shares can be found there as well.
Types of accounts: London Prime provides its Clients with the following:
- Floating (typical)* spread; there may be instances when market conditions cause spreads to widen or to shorten
- Leverage 1:100
- Wide variety of instruments to trade (Forex, precious metals and CFDs)
- Trade with standard lot sizes
- Fixed Spreads starting from 2 pips on the Euro Dollar
- Minimum initial deposit of $ 500 as a wire transfer
Swaps: The swaps are going to be charged at the end of each business day. However, on Friday they are tripled. The MetaTrader4 swap points can be found by clicking on properties within all symbols at the MT4 platform.
Margin Call: Clients will be warned by the platform at 50% margin level, that they are getting close to automatic liquidation of their position. Clients will only get an automatic margin call notification if they are logged into their trading platform. Therefore, clients are advised to log into their trading platform on a regular basis to ensure they monitor their Equity and any relevant notifications accordingly. Clients are also warned that the moment their margin level falls below 30%, the platform will automatically liquidate their positions.
Rollover table: London Prime will automatically rollover Client open positions for Commodities, Indices and Bonds to the next liquid contract, before the current contract expires. A table of dates the rollovers can be found here. Please note that this information is for indication purposes only and is subject to change due to either low liquidity or unforeseen changes by the exchanges. An explanation about the rollovers can be found here. During rollover the existing Take Profit, Stop Loss, Buy/Sell limit and/or Buy/Sell stop orders will be cancelled.