Print

MF Global

About Trading Margin FX

MF Global gives you the ability to trade all of the world's major currencies, 24-hours a day. MF Global provides a trading service to a diverse client base across all time zones with our dealing room staffed with experienced personnel conversant in English, Mandarin and Cantonese. All major currencies available for trade including Australian, Euro, Canadian, Hong Kong, New Zealand, Singapore and US dollars, British pounds, Japanese yen and Swiss franc. Ability to trade a range of cross rates and over-the-counter currency options also. Clients have the choice of deliverable or non-deliverable contracts, depending on their role as a speculator or a hedger.

Margin FX is essentially about exchanging one country’s currency for another. Forex, as the market is commonly known, is the largest financial market, which trades around the clock. The Forex market trades enormous amounts of money, which is estimated at several trillion dollars on a daily basis. The currency market is not new; they’ve been around for as long as the Banks have been doing business. What is relatively new is the accessibility of the markets to a private trader, particularly the small to medium sized investor.

Using our Margin FX facility, a private trader can capitalise on the principle of leverage. For a cash deposit or initial margin, you can control a position many times larger than the size of the deposit. An initial margin is required to maintain each position you enter. The amount of margin for each position is determined on a daily basis by the volatility of each of the currencies. The initial margin may vary upwards from 3% of the face value of the underlying position.

 

 

 

 

 

MF Global Australia Limited AFSL 230563 | ABN 50 001 662 077
Copyright © MF Global Australia Limited. All Rights Reserved. Disclaimer | Privacy Policy | Terms of Use
 

elogin_btn.png