--

Floating SpreadFloating Spread: the difference between the ask price and the bid price

Maximum LeverageLeverage: a way of trading that multiplies a trader's trading volume for a financial instrument with only a relatively small amount of your deposit. Example: a $1,000 balance with a 1:50 leverage ratio has a trading ability of $50,000, allowing traders to purchase financial products worth up to $50,000.

Contract SizeContract size: the number of units traded per lot when you open a trading position

Currency of QuoteCurrency of Quote: This represents the currency denomination of the current price. When a position is opened, the opening margin will be converted into the currency of your trading account based on the prevailing exchange rate.

Overnight Funding - BuyOvernight funding (Buy): When you hold the position of a product overnight, your A/C may be charged / deposited into the product's corresponding overnight interest. Calculation (Daily): trading lot * contract size * closing price * daily overnight funding rate (%)

Overnight Funding - SellOvernight funding (Sell): When you hold the position of a product overnight, your A/C may be charged / deposited into the product's corresponding overnight interest. Calculation Formula (Daily) trading lot * contract size * opening price * daily overnight funding rate (%)

Initial MarginInitial Margin: The amount Mitrade debits from your account as soon as you open a new position.Initial Margin = Contract Value of open position * Initial Margin Ratio (%)

Maintenance MarginMaintenance margin: the minimum margin amount required to maintain the account when you hold the position. Maintenance margin = contract value of open position at opening price * maintenance margin ratio (%)