IMMFX deep liquidity boosts your trading arena
IMMFX is a trading firm that operates around the clock on a global level, offering a wide range of financial products, including: Forex, Precious Metals, Oil, Energies, indices and CFDs. IMMFX focuses on providing the best trading conditions and the ultimate customer service. IMMFX offers spreads as low as 0.1 pip, direct interbank (STP) trading access and swap-free accounts for active traders with the lowest margin requirements for all products. IMMFX has designed a trading account that suit your trading needs; whether you are a beginner, an intermediate or a professional. The advanced technologies of IMMFX multiple trading platforms allow you to easily trade currencies from your PC, laptop, tablet, Android, iPhone/iPad or other supported mobile devices. Trader may easily use client cabinet access via web (www.my.immfx.com) where control panel supports instant account creation, instant internal transfers, and many more web features from the IMMFX back office Dashboard.
Why trade forex with IMMFX?
- Registered broker
- Low spreads
- Full Hedging Capability
- Swap Free Account
- Deep liquidity
- Safety of Funds
At IMMFX, you have the option to trade wide range of over 60 currency pairs with tight spreads and low latency execution. The market is open for trading 24 hours and all modern trading styles are allowed.
Forex contract specifications
At IMMFX, you have the option to trade over 50 currency pairs with tight spreads and clear-cut execution. The market is open for trading 24 hours a day from Monday 00:05 GMT+3 to Friday 23:55 GMT+3. Contract sizes and Leverage details below:
(I) Point means the last digit (ex. EURUSD is displayed in 5 digits so the last digit = 0.00001)
(II) Margin per lot depends on 1:100 leverage. Please note that you can only change leverage on currency pairs and metals from your BackOffice my.immfx.com
(III) Stop level means the allowed distance to set stop or limit order for (ex. trader can’t place stop or limit order within less than 30 points on AUDCAD)
Margin calculations for forex
Margin will be calculated from Base currency as the following:
Lots × Contract Size ÷Leverage
For example if an account has 1:400 leverage and opens a 1 lot on EURUSD at 1.13880 then the required margin as the following 1 ×100,000 ÷ 400 = EUR 250 × 1.13880 = $284.70 if an account has 1:500 leverage and opens a 1 lot on USDJPY at 110.200 then the required margin as the following 1 ×100,000 ÷ 500 = $200
Please note that you can change leverage on currency pairs at any time from your BackOffice my.immfx.com
Profit calculations for forex
Profit will be calculated as the following:
(close price-open price)× Contract Size × Lots
For example: If you bought 5 lots of AUDUSD at 0.71000 and you managed to close your trade at 0.71500, then your profit will be (0.71500-0.71000) 100000 × 5 = USD 2500. If you bought 3 lots of USDCAD at 1.25500 and you managed to close your trade at 1.26000, then your profit will be (1.26000 – 1.25500) 100000 ×3 = CAD 1500, You need to convert this calculated profit of 1500 CAD to USD. Please note that the above way of profit calculations would apply to losses calculations as well in the same manner.
Forex trading hours
Monday – Friday: 00:05 – 23:55.
Please note that Server Time is subject to Daylight Savings Time (DST), which begins on the last Sunday of March and ends on the last Sunday of October.
Summer: GMT+3 (DST)