For FX and precious metals like gold and silver, rollover interest is based on the interest rates for the next two business days. The formula is: Rollover = Trade Lot Size * (+/- Interest Rate for Two Business Days - FIXIO Commission)
Rollover rates for stocks and indices depend on the interbank rate adjusted by FIXIO's commission. The formula is: Rollover = Trade Lot Size * Settlement Price * (+/- Short-term Interbank Rate - FIXIO Commission)
FIXIO's trading day runs from GMT 22:00. Positions opened at this time are eligible for rollover. If opened after 22:00, rollover applies the next day, and adjustments appear within an hour after GMT 22:00.
Leverage indicates the transaction size relative to the initial margin. For example, 1:100 leverage means the initial margin is 1% of the contract value. FIXIO offers leverage from 1:1 to 1:400, with a default of 1:400 adjustable in account settings.
Clients must be aware of margin calculations. FIXIO can change margin requirements without notice. If the Equity to Margin ratio drops below 5%, positions may be closed without consent.
Slippage occurs when trades are executed at unexpected prices, especially in volatile markets. Typically, FIXIO does not apply slippage but may do so during major events.
Scalping focuses on small price movements through many trades in short time frames. FIXIO allows scalping in variable spread accounts without restrictions.
For reporting trading errors, clients should contact FIXIO promptly, providing necessary details. In the event of system failures affecting order execution, clients should reach out for assistance immediately.
Trading in foreign exchange and CFDs carries high risks. It’s essential for investors to assess their risk tolerance and investment objectives. Clients should only trade with funds they can afford to lose and seek advice if uncertain about their investment strategy.
Accounts with no activity for over six months or zero balance may incur a monthly inactivity fee of $20. After 12 months of inactivity, accounts will be closed and require reactivation through identity verification and account funding.
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