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Knowledge base: Contracts specifications
Crypto account
Posted by Olga Palikarpava on 04 March 2014 05:06 PM

Русский 中文

Symbol
****		 Description Spread* Size of 1 lot Min lot Digits 1 pip for 1 lot
(in quote currency)		 Margin
call
**		 Stop
out
***		 Market Order
Max Slippage 		 Stop Order Max  Slippage 
BTCEUR BitCoin vs Euro from 1 pip 1 BTC 0.01 Lot 3 0.001 EUR 30%/100% 15%/50% 3% 3%
BTCRUB BitCoin vs Russian Ruble from 1 pip 1 BTC 0.01 Lot 2 0.01 RUB 30%/100% 15%/50% 3% 3%
BTCUSD BitCoin vs US Dollar from 1 pip 1 BTC 0.01 Lot 3 0.001 USD 30%/100% 15%/50% 3% 3%
BTCJPY BitCoin vs Japanese Yen from 1 pip 1 BTC 0.01 Lot 2 0.01 JPY 30%/100% 15%/50% 3% 3%
BTCCNH BitCoin vs Chinese Offshore Yuan from 1 pip 1 BTC 0.01 Lot 2 0.01 CNH 30%/100% 15%/50% 3% 3%
BTCGBP BitCoin vs Great Britain Pound from 1 pip 1 BTC 0.01 Lot 3 0.001 GBP 30%/100% 15%/50% 3% 3%
BCHUSD BitCoin Cash vs US Dollar from 1 pip 1 BCH 0.01 Lot 3 0.001 USD 30%/100% 15%/50% 3% 3%
BCHBTC BitCoin Cash vs BitCoin from 1 pip 1 BCH 0.01 Lot 5 0.00001 BTC 30%/100% 15%/50% 3% 3%
LTCBTC LiteCoin vs BitCoin from 1 pip 1 LTC 0.1 Lot 5 0.00001 BTC 30%/100% 15%/50% 3%
 3%
LTCEUR LiteCoin vs Euro from 1 pip 1 LTC 0.1 Lot 3 0.001 EUR 30%/100% 15%/50% 3% 3%
LTCRUB LiteCoin vs Russian Ruble from 1 pip 1 LTC 0.1 Lot 3 0.001 RUB 30%/100% 15%/50% 3% 3%
LTCUSD LiteCoin vs US Dollar from 1 pip 1 LTC 0.1 Lot 3 0.001 USD 30%/100% 15%/50% 3% 3%
LTCJPY LiteCoin vs Japanese Yen from 1 pip 1 LTC 0.1 Lot 2 0.01 JPY 30%/100% 15%/50% 3% 3%
LTCCNH LiteCoin vs Chinese Offshore Yuan from 1 pip 1 LTC 0.1 Lot 2 0.01 CNH 30%/100% 15%/50% 3% 3%
ETHUSD Ethereum vs US Dollar from 1 pip 1 ETH 0.1 Lot 3 0.001 USD 30%/100% 15%/50% 3%
 3%
ETHBTC Ethereum vs BitCoin from 1 pip 1 ETH 0.1 Lot 5 0.00001 BTC 30%/100% 15%/50% 3%
 3%
ETHLTC Ethereum vs LiteCoin from 1 pip 1 ETH 0.1 Lot 5 0.00001 LTC 30%/100% 15%/50% 3%
 3%
ETHRUB Ethereum vs Russian Ruble from 1 pip 1 ETH 0.1 Lot 3 0.001 RUB 30%/100% 15%/50% 3% 3%
ETHJPY Ethereum vs Japanese Yen from 1 pip 1 ETH 0.1 Lot 2 0.01 JPY 30%/100% 15%/50% 3% 3%
ETHCNH Ethereum vs Chinese Offshore Yuan from 1 pip 1 ETH 0.1 Lot 2 0.01 CNH 30%/100% 15%/50% 3% 3%
ETHEUR Ethereum vs Euro from 1 pip 1 ETH 0.1 Lot 3 0.001 EUR 30%/100% 15%/50% 3% 3%
ETCBTC Ethereum Classic vs BitCoin from 1 pip 1 ETC 0.1 Lot 5 0.00001 BTC 30%/100% 15%/50% 3% 3%
EOSBTC  EOS vs BitCoin from 1 pip 1 EOS 1 Lot 5 0.00001 BTC 30%/100% 15%/50% 3% 3%
EOSUSD EOS vs US Dollar from 1 pip 1 EOS 1 Lot 3 0.001 USD 30%/100% 15%/50% 3% 3%
EOSEUR EOS vs Euro from 1 pip 1 EOS 1 Lot 3 0.001 EUR 30%/100% 15%/50% 3% 3%
EOSJPY EOS vs Japanese Yen from 1 pip 1 EOS 1 Lot 2 0.01 JPY 30%/100% 15%/50% 3% 3%
EOSGBP EOS vs Great Britain Pound from 1 pip 1 EOS 1 Lot 3 0.001 GBP 30%/100% 15%/50% 3% 3%
DSHBTC Dashcoin vs BitCoin from 1 pip 1 DSH 0.1 Lot 5 0.00001 BTC 30%/100% 15%/50% 3%
 3%
DSHUSD Dashcoin vs US Dollar from 1 pip 1 DSH 0.1 Lot 3 0.001 USD 30%/100% 15%/50% 3%
 3%
DSHCNH Dashcoin vs Chinese Offshore Yuan from 1 pip 1 DSH 0.1 Lot 2 0.01 CNH 30%/100% 15%/50% 3% 3%
EMCUSD Emercoin vs US Dollar from 1 pip 1 EMC 20 Lot 5 0.00001 USD 30%/100% 15%/50% 3% 3%
EMCBTC Emercoin vs BitCoin from 1 pip 1 EMC 20 Lot 5 0.00001 BTC 30%/100% 15%/50% 3% 3%
XRPBTC  Ripple vs BitCoin from 1 pip 1 XRP 10 Lot 5 0.00001 BTC 30%/100% 15%/50% 10% 10%
XRPUSD  Ripple vs US Dollar from 1 pip 1 XRP  10 Lot 5 0.00001 USD 30%/100% 15%/50% 10% 10%
XRPEUR  Ripple vs Euro from 1 pip 1 XRP 10 Lot 5 0.00001 EUR 30%/100% 15%/50% 10% 10%
IOTBTC  IOTA vs BitCoin from 1 pip 1 IOT 50 Lot 5 0.00001 BTC 30%/100% 15%/50% 10% 10%
XMRBTC  Monero vs BitCoin from 1 pip 1 XMR 0.1 Lot 5 0.00001 BTC 30%/100% 15%/50% 10% 10%
NEOBTC  NEO vs BitCoin from 1 pip 1 NEO 0.1 Lot 5 0.00001 BTC  30%/100% 15%/50% 10% 10%
NMCBTC NameCoin vs BitCoin from 1 pip 1 NMC 10 Lot 5 0.00001 BTC 30%/100% 15%/50% 10% 10%
NMCUSD NameCoin vs US Dollar from 1 pip 1 NMC 10 Lot 3 0.001 USD 30%/100% 15%/50% 3% 3%
OMNBTC  OMNI vs BitCoin from 1 pip 1 OMN 10 Lot 5 0.00001 BTC 30%/100% 15%/50% 3% 3%
PPCBTC PeerCoin vs BitCoin from 1 pip 1 PPC 10 Lot 5 0.00001 BTC 30%/100% 15%/50% 0,03 0,03
PPCUSD PeerCoin vs US Dollar from 1 pip 1 PPC 10 Lot 3 0.001 USD 30%/100% 15%/50% 10% 10%

* Floating spreads depending on market liquidity and volatility.

** Margin Call: 30% margin call level for 1:3 leverage accounts and 100% margin call level for 1:10 leverage accounts.

*** Stop Out: 15% stop out level for 1:3 leverage accounts and 50% stop out level for 1:10 leverage accounts.

**** Trading on the following instruments is limited to “Close Only” (positions can only be closed) mode: ETHLTC, ETHRUB, NMCUSD, NMCBTC, BTCRUB, LTCRUB, PPCUSD, PPCBTC, BTCCNH, LTCCNH, ETHCNH, EMCBTC, EMCUSD, DSHCNH, IOTBTC, OMNBTC.

Swap – a charge that is incurred by Customers who move their positions to the next trading session – is applied on Crypto accounts.

Swap size: 10% per annum of the value of an open position.

Swap calculation:
First, the amount of borrowed funds is calculated based on current prices, and then it is multiplied by the annual interest. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest for the position is divided by 360. If the total amount needs to be converted to the deposit currency, the conversion is carried out at the average price at the moment of charging the swap: (Bid+Ask)/2. The same method of calculating the average price is used in the formula of the "current average price".

Formula:

Example:
Your trading account currency is USD. You opened a Buy BTCUSD position, 2 lots at 8050.00 USD per 1 BTC.
SWAP is calculated as follows:

Overnight from Wednesday to Thursday a triple SWAP is charged (for Saturday and Sunday).

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