Trading Rules
Below are the trading rules of Rakuten FX and MT4 account.
Trading Platform | Rakuten FX | MT4- Standard/Premium/VIP | MT4 – Elite/Elite (Lite) |
---|---|---|---|
Account Currency | USD, HKD | ||
Symbol | USD/JPY AUD/NZD EUR/JPY NOK/JPY GBP/JPY TRY/JPY AUD/JPY CNH/JPY NZD/JPY USD/HKD ZAR/JPY USD/CAD CAD/JPY EUR/AUD CHF/JPY EUR/NZD HKD/JPY GBP/AUD SGD/JPY GBP/NZD EUR/USD EUR/CAD GBP/USD GBP/CAD AUD/USD AUD/CAD NZD/USD NZD/CAD USD/CHF CAD/CHF GBP/CHF USD/CNH EUR/GBP USD/NOK EUR/CHF EUR/NOK AUD/CHF USD/SEK NZD/CHF EUR/SEK | USD/JPY AUD/NZD EUR/JPY NOK/JPY GBP/JPY TRY/JPY AUD/JPY CNH/JPY NZD/JPY USD/HKD ZAR/JPY USD/CAD CAD/JPY EUR/AUD CHF/JPY EUR/NZD HKD/JPY GBP/AUD SGD/JPY GBP/NZD EUR/USD EUR/CAD GBP/USD GBP/CAD AUD/USD AUD/CAD NZD/USD NZD/CAD USD/CHF CAD/CHF GBP/CHF USD/CNH EUR/GBP USD/NOK EUR/CHF EUR/NOK AUD/CHF USD/SEK NZD/CHF EUR/SEK | AUD/CAD AUD/CHF AUD/JPY AUD/NZD AUD/USD CAD/JPY EUR/AUD EUR/CAD EUR/CHF EUR/GBP EUR/JPY EUR/NZD EUR/USD GBP/AUD GBP/CAD GBP/CHF GBP/JPY GBP/NZD GBP/USD NZD/JPY NZD/USD USD/CAD USD/CHF CAD/CHF USD/JPY |
Minimum Contract Size | 1,000 (1K) | 1,000 (1K) | 100,000 (100K) |
Maximum Limit | 5,000,000 (5,000K ) |
20,000,000 (20,000K ) | 20,000,000 (20,000K ) |
Spread | More Details >> | More Details >> | More Details >> |
Commission | No commission | No commission | MT4 Elite: HKD 7.8/USD 1 MT4 Elite (Lite): HKD 15.6/USD 2 (Per 100K per side) |
Order Types | AS Streaming, Streaming, Leave Order (Stop/Limit), OCO, IFO, IFD, Close All for Symbol, Close All | Market, Pending, Stop, Limit, Trailing Stop | Market, Pending, Stop, Limit, Trailing Stop |
Order Expiration Date | Day, Week, Good-Till-Cancelled (GTC) | Good-Till-Cancelled (GTC)
Good-Till-Date (GTD) | Good-Till-Cancelled (GTC)
Good-Till-Date (GTD) |
Hedging | Available# | ||
Trading Hour | Summer time (EST) Market Open: Monday 6:00am HKT Market Close: Saturday 4:55am HKT Daily Maintenance Hour: Tuesday to Saturday, 4.55am – 5:10am HKT Winter time (EST) Market Open: Monday 6:00am HKT Market Close: Saturday 5:55am HKT Daily Maintenance Hour: Tuesday to Saturday, 5:55 am – 6:10 am HKT Leave Order (Limit Order/Stop Loss Order) can be placed/modified/cancelled during market close. While no order can be placed during the daily or weekend maintenance hours. | Summer time (EST) Market Open: Monday 6:00am HKT Market Close: Saturday 4:55am HKT Daily Maintenance Hour: Tuesday to Saturday, 4.55am – 5:10am HKT Winter time (EST) Market Open: Monday 6:00am HKT Market Close: Saturday 5:55am HKT Daily Maintenance Hour: Tuesday to Saturday, 5:55 am – 6:10 am HKT No Order can be placed/modified/cancelled during weekend market close and maintenance hours. | Summer time (EST) Market Open: Monday 6:00am HKT Market Close: Saturday 4:55am HKT Daily Maintenance Hour: Tuesday to Saturday, 4.55am – 5:10am HKT Winter time (EST) Market Open: Monday 6:00am HKT Market Close: Saturday 5:55am HKT Daily Maintenance Hour: Tuesday to Saturday, 5:55 am – 6:10 am HKT No Order can be placed/modified/cancelled during weekend market close and maintenance hours. |
Leverage | 20:1 | ||
Margin Requirement | Initial Margin: 5% Maintenance Margin: 3% Liquidation: 2% | ||
Margin Call | Email and/or Call
*Margin Call occurred when your margin status falls below 60%. The margin call alert will be sent by email.
*In order to prevent the risk of volatility in the market, please be aware of the market changes and ensure that your account has sufficient margin. Make deposit to top up your account >> | Email and/or Call
*Margin Call occurred when your free margin ratio falls below 60%. The margin call alert will be sent by email.
*In order to prevent the risk of volatility in the market, please be aware of the market changes and ensure that your account has sufficient margin. Make deposit to top up your account >> | Email and/or Call
*Margin Call occurred when your free margin ratio falls below 60%. The margin call alert will be sent by email.
*In order to prevent the risk of volatility in the market, please be aware of the market changes and ensure that your account has sufficient margin. Make deposit to top up your account >> |
Margin Stop Out (Liquidation) | Liquidation occurred when your margin status falls below 40%. Once reached, all of your positions will be closed automatically. | Liquidation occurred when your free margin ratio falls below 40%. Once reached, your positions will be closed automatically from largest losing position to the smallest until free margin ratio back to above 40%. | Liquidation occurred when your free margin ratio falls below 40%. Once reached, your positions will be closed automatically from largest losing position to the smallest until free margin ratio back to above 40%. |
Margin Stop Out- 3 days (Liquidation) | When your margin status falls below 60% for 3 consecutive days, all of your positions will be closed. No auto reset intraday. | ||
Rollover calendar | More Details >> | ||
#In case of hedging trade, the required margin on the larger amount side (Sell or Buy) will be applied. For example, if you hold 10K USD/JPY long position and 100K USD/JPY short position at the same time, required margin of Sell side will be applied. Although it is available to leverage Hedging, it is not recommended to leverage this since it is not efficient. |