Registered traders at INNO Trade have access to a wide range of equities.
We have supplied definitions of widely used trade phrases for your convenience.
You may purchase and sell stocks in prominent corporations such as Coca-Cola, Google, Tesla, Apple, and Amazon whenever you choose.
With a large number of stocks to choose from, INNO Trade makes trading fast and simple by handling all of the associated charges, fees, and commissions. You own a part of the corporation as a shareholder, and you may be entitled to dividends if they are paid.
You may use leverage to establish a position that is significantly greater than the amount of money in your account. You may use a leverage of up to 1: 400, or 0.25 percent margin, to trade positions. Professional clients are the only ones who can use this power.
Given the margin limitations, you may trade contracts worth up to $100,000 with only $250 in the initial margin. You may trade with a leverage of 1:30 as a retail customer. This implies you may trade contracts for $3,000 with a $100 margin.
Fixed spreads are available to all traders at INNO Trade. As a result, you’ll be able to trade the modest charges that brokers charge on all new positions. The spread is simple to calculate: Subtract the Ask Price from the Bid Price.
The broker decides what the Ask Price will be. It’s the price at which a broker is willing to sell the Base Currency (the pair’s first currency) for the Counter Currency (the second currency in the pair).
The market establishes the Bid Price. It’s the price at which purchasers are willing to trade their Counter Currency for the Base Currency.
The phrase “rollover” refers to holding a deal from one day’s close to the following day’s close, as well as the expenses associated with it.
For rollovers, often known as overnight swaps, 1Market charges its customers the industry-standard cost. These rules apply to transactions that are open after 00:00 GMT.
Trades do not always execute at the expected pricing. When there is a gap between the anticipated price of a deal and the actual price at which it is completed, slippage happens in online trading.
When markets are turbulent, slippage is common. Slippage usually occurs between trading sessions or when the market first starts.
When markets have low liquidity, during holidays, or after trading hours, trading timings may alter.