specifications for trading cfds - keytomarkets.com · trading at your side ... cfd on fixed income...

Version: April 2018

Specifications

For Trading CFDs

Trading at your side KEYTOMARKETS.COM

2 All trading involves risk. Losses can exceed deposits. Please, read the risk warning.

Contents of the Trading Specifications Guide: Precious Metals and Copper......................................................................................................................................................................................................... 3

Gold Trade Examples .................................................................................................................................................................................................................... 3

Other Precious Metals Trade Examples........................................................................................................................................................................................ 4

Copper Trade Examples ................................................................................................................................................................................................................ 4

Energy ........................................................................................................................................................................................................................................... 5

Energy Trade Examples ................................................................................................................................................................................................................ 5

Soft Commodities ......................................................................................................................................................................................................................... 6

Soft Commodities Trade Examples ............................................................................................................................................................................................... 6

Mini CFDs on Indexes ................................................................................................................................................................................................................... 7

Mini CFDs on Indexes Trading Examples ...................................................................................................................................................................................... 8

CFDs on Indexes............................................................................................................................................................................................................................ 9

CFDs on Indexes Trading Examples ............................................................................................................................................................................................ 10

CFD on Fixed Income .................................................................................................................................................................................................................. 12

CFD on Fixed Income Trade Examples ........................................................................................................................................................................................ 12

Cryptocurrencies ........................................................................................................................................................................................................................ 13

Bitcoin Trade Examples .............................................................................................................................................................................................................. 13

Other Cryptocurrencies Trade Examples .................................................................................................................................................................................... 14

CFDs on US Stocks ...................................................................................................................................................................................................................... 15

CFDs on German Stocks .............................................................................................................................................................................................................. 16

CFDs on French Stocks ................................................................................................................................................................................................................ 16

CFDs on Spanish Stocks .............................................................................................................................................................................................................. 16

Regulation .................................................................................................................................................................................................................................. 17

Risk Warning and Disclosure ...................................................................................................................................................................................................... 17

Disclaimer ................................................................................................................................................................................................................................... 17

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Precious Metals and Copper

Symbol Contract Min Trade Size1 Margin Target Spread Trading Hours2 MT4 Point Value3 Step Step Value4 Contract size

XAUUSD Gold 0.01 1% 1.2 Mon – Fri

01:00 – 23:59 $1.00 0.01 $1.00 100 oz.

XAGUSD Silver 0.01 1% 1.5 Mon – Fri

01:00 – 23:59 $5.00 0.001 $5.00 5000 oz.

COPPER Copper 1 1% 0.9 Mon – Fri

01:00 – 23:59 $0.20 0.001 $2.00 10 t.

XPDUSD Palladium 0.01 1% 23.5 Mon – Fri

01:00 – 23:59 $1.00 0.1 $1.00 100 oz.

XPTUSD Platinum 0.01 1% 29.0 Mon – Fri

01:00 – 23:59 $1.00 0.1 $1.00 100 oz.

Gold Trade Examples

We purchase one lot of Gold (XAUUSD) at the ask price of 1,330.00, when we open the position the formula for the margin calculation is following:

𝑀𝑎𝑟𝑔𝑖𝑛 =Lots ∗ contract size ∗ market price ∗ percentage

100=

1 ∗ 100 ∗ $1,330.00 ∗ 1

100= $1,330.00

In case the bid price increases to 1,330.50, then if we close the position our 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = $1.00 ∗ 50 = $50.00.5

Keep in mind that the long position closes at bid price (opens at ask) and short at the ask price (opens at bid) and you need to consider the commissions (for

the users of Pro account). The graphs on Key to Markets MT4 platform show only the bid price.

1 Minimum trade size is presented in terms of lots or volume traded. 2 The server time in MT4 is set based on GMT+2 time zone. 3 MT 4 Point Value is calculated based on the last digits of the instrument traded. 4 Step value represents minimum change in Profit/Loss with the minimum change of the instrument price. 5 In case of Pro account you would incure the commission at the trade opening of precious metals, which is $8 / €6 round turn.






Other Precious Metals Trade Examples

If we purchase one lot of Silver (XAGUSD) at ask price of $16.700, we need to have $835 initial margin. If we close the position at $16.800 bid price, we have

𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = $5.00 ∗ 100 = $500.00.

We need to have $965 initial margin to purchase one lot of Palladium (XPDUSD) at ask price of $965.00. If we close the position at $967.50 bid price, our


We need to have $940.00 initial margin to purchase one lot of Platinum (XPTUSD) at price of $940.00. If we close the position at $945.00 bid price, our


Copper Trade Examples

We purchase one lot of Copper (COPPER) at the ask price of 3.1500, when we open the position the formula for the margin calculation is following:

𝑀𝑎𝑟𝑔𝑖𝑛 =Lots ∗ contract size ∗ market price ∗ 𝑡𝑖𝑐𝑘 𝑝𝑟𝑖𝑐𝑒 ∗ 𝑝𝑒𝑐𝑒𝑛𝑡𝑎𝑔𝑒

𝑇𝑖𝑐𝑘 𝑠𝑖𝑧𝑒 ∗ 100=

1 ∗ 10 ∗ $3.1500 ∗ 2 ∗ 0.1

0.001 ∗ 100= $63.00

In case the bid price increases to 3.1800, then if we close the position our 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = $0.20 ∗ 300 = $60.00.

Keep in mind that the long position closes at bid price (opens at ask) and short at the ask price (opens at bid).






Energy

Symbol Contract Min Trade Size6 Margin Target Spread Trading Hours7 MT4 Point

Value8 Step Step Value9 Contract size

WTI US WTI Crude Oil 1 1% 3.9 Mon – Fri

03:00 – 24:00 $0.01 0.001 $0.01 100 barrels

BRENT Ice Brent Crude Oil 1 1% 3.9 Mon – Fri

03:00 – 24:00 $0.01 0.001 $0.01 100 barrels

NGAS Natural Gas 1 1% 19 Mon – Fri

01:00 – 23:59 $0.01 0.01 $0.10 100 mmBtu.

Energy Trade Examples

When we open one lot long position in Ice Brent Crude Oil (BRENT)10 at ask price of $69.00, we need to use the following initial margin formula:


100=

1 ∗ 100 ∗ $69.000 ∗ 0.1

100= $6.90

If the US WTI Crude Oil (WTI) bid price rises to $69.50, you may close the position with 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = $0.01 ∗ 50 =

$5.00. Keep in mind that the long position closes at bid price.

The initial margin formula would be different for Natural Gas (NGAS). Let us consider the margin for the one lot long position in NGAS at ask price 2.6500:


100=

1 ∗ 100 ∗ $2.6500 ∗ 1

100= $2.65

If the Natural Gas (NGAS) price rises to 2.7500, you may close the position with 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = $0.01 ∗ 1,000 = $10.00.

Keep in mind that the long position closes at bid price. The graphs on Key to Markets MT4 platform show only the bid price.

6 Minimum trade size is presented in terms of lots or volume traded. 7 The server time in MT4 is set based on GMT+2 time zone. 8 MT 4 Point Value is calculated based on the last digits of the instrument traded. 9 Step value represents minimum change in Profit/Loss with the minimum change of the instrument price. 10 The calculation for WTI would be identical






Soft Commodities

Symbol Contract Min Trade

Size11 Margin Target Spread Trading Hours12

MT4 Point Value13

Step Step Value14 Contract size

COFF_ARAB US Coffee Arabica 1 1% 5 Mon – Fri

11:15 – 20:30 $0.10 0.01 $0.10 10

COTTON US Cotton 1 1% 20 Mon – Fri

09:00 – 21:15 $0.10 0.5 $0.50 100

ORANGE_JUIC US Orange Juice 1 1% 12 Mon – Fri

15:00 – 21:00 $0.20 0.01 $0.20 20

SUGAR_RAW US Raw Sugar 1 1% 7 Mon – Fri

10:30 – 20:00 $0.10 0.01 $1.00 100

US_COCOA US Cocoa 1 1% 5 Mon – Fri

11:45 – 20:30 $0.10 0.5 $0.50 1

Soft Commodities Trade Examples

When we open one lot long position in US Cotton (COTTON) at ask price of $83.000, we need to use the following initial margin formula:


100=

1 ∗ 100 ∗ $83.000 ∗ 1

100= $83.00

If the US Cotton (COTTON) bid price rises to $84.000, you may close the position with 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = $0.1 ∗ 1,000 =

$100.00. Keep in mind that the long position closes at bid price. The graphs on Key to Markets MT4 platform show only the bid price.

If we purchase one lot of US Coffee Arabica at ask price of $118.00, we need $11.80 initial margin. If we close at $120.00 bid price, we have $20 gain.

We need to have $28.00 initial margin to purchase one lot of Orange Juice a t$140.00 price. If we close the position at $145.00 bid price, our gain is $100.

We need $12.000 initial margin to purchase one lot of US Raw Sugar at ask $12.000 price. If we close the position at $12.500 bid price, our gain is $50.

We need to have $25.0 initial margin to purchase one lot of US Cocoa Juice at $2500.0 price. If we close the position at $2550.0 bid price, our gain is $50.

11 Minimum trade size is presented in terms of lots or volume traded. 12 The server time in MT4 is set based on GMT+2 time zone. 13 MT 4 Point Value is calculated based on the last digits of the instrument traded. 14 Step value represents minimum change in Profit/Loss with the minimum change of the instrument price.






Mini CFDs on Indexes


Size Margin Target Spread Trading Hours

MT4 Point Value

Step Step Value Contract size

AUS200 Australian ASX

200 Index 1 1% 2 Mon-Fri 00:50 – 23:00 A$0.001 0.10 A$0.010 1

DE30 German DAX 30

Index 1 1% 1 Mon-Fri 09:00 – 23:00 €0.001 0.25 €0.025 1

EU50 EURO STOXX

50 Index 1 1% 2 Mon-Fri 09:00 – 23:00 €0.001 0.50 €0.050 1

FRA40 French CAC 40 1 1% 1 Mon-Fri 09:00 – 23:00 €0.001 0.05 €0.050 1

GER30 German DAX 30

Index 1 1% 1 Mon-Fri 09:00 – 23:00 €0.001 0.25 €0.025 1

ITA40 Italian FTSE MIB

40 Index 1 1% 12 Mon-Fri 10:00 – 18:40 €0.001 0.10 €0.010 20

JP225 Japanese Nikkei

225 1 1% 10

Mon-Thur 01:00 – 23:59 Fri 01:00 – 23:55

¥0.010 0.50 ¥0.50 10

SPA35 Spanish IBEX 35

Index 1 1% 7 Mon-Fri 09:00 – 21:00 €0.001 0.10 €0.010 1

UK100 UK FTSE 100

Index 1 1% 1

Mon 03:00 – 24:00 Tue – Thur 01:00 – 24:00

Fri 01:00 – 23:00 £0.001 0.25 £0.025 1

US30 US DOW Jones

30 Index 1 1% 2

Mon – Thur 01:00 – 24:00 Fri 01:00 – 23:15

$0.001 0.50 $0.050 1

US500 US S&P 500

Index 1 1% 0.5

Mon – Thur 01:00 – 24:00 Fri 01:00 – 23:15

$0.001 0.01 $0.001 1

USTEC US Nasdaq 100

Index 1 1% 2

Mon – Thur 01:00 – 24:00 Fri 01:00 – 23:15

$0.001 0.01 $0.001 1

When we open one lot long position in Australian ASX200 Index (AUS200) at ask price of A$5830.00, we need to use the following initial margin formula:



1 ∗ 1 ∗ A$5830.00 ∗ 0.001 ∗ 1

0.01 ∗ 100= A$5.83

If the Australian ASX200 Index (AUS200) bid price rises to €5850.00, you may close the position with 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 =

A$0.001 ∗ 2000 = 𝐴$2.00. Keep in mind that the long position closes at bid price. The graphs on Key to Markets MT4 platform show only the bid price.






Mini CFDs on Indexes Trading Examples

If we purchase one lot of German DAX 30 (GER30/DE30) at the ask price of €12,400.00, we need €12.40 initial margin. If we close the position at €12,500.00

bid price, we can earn 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = €0.001 ∗ 10,000 = €10.00.

If we purchase one lot of EURO STOXX 50 Index (EU50) at the ask price of €3,450.00, we need €70.00 initial margin. If we close the position at €3,550.00 bid

price, we can earn 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = €0.001 ∗ 10,000 = €10.00.

If we purchase one lot of French CAC 40 (FRA40) at the ask price of €5,310.00, we need €5.31 initial margin. If we close the position at €5,450.00 bid price,

we can earn 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = €0.001 ∗ 14,000 = €14.00.

If we purchase one lot of Italian FTSE MIB 40 Index (ITA40) at the ask price of €23,300.00, we need €46.60 initial margin. If we close the position at €23,500.00


If we purchase one lot of Japanese Nikkei 225 (JP225) at the ask price of ¥21,750.00, we need ¥217.50 initial margin. If we close the position at ¥21,900.00

bid price, we can earn 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = ¥0.01 ∗ 15,000 = ¥150.00.

If we purchase one lot of Spanish IBEX 35 Index (SPA35) at the ask price of €9,750.00, we need €9.75 initial margin. If we close the position at €9,900.00 bid


If we purchase one lot of UK FTSE 100 Index (UK100) at the ask price of £7,250.00, we need £7.25 initial margin. If we close the position at £7,500.00 bid price,

we can earn 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = £0.001 ∗ 25,000 = £25.00.

If we purchase one lot of US DOW Jones 30 Index (US30) at the ask price of $24,400.00, we need $24.40 initial margin. If we close the position at $24,500.00

bid price, we can earn 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = $0.001 ∗ 10,000 = $10.00.

If we purchase one lot of US S&P 500 Index (US500) at the ask price of $2,650.00, we need $2.65 initial margin. If we close the position at $2,750.00 bid price,

we can earn 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = $0.001 ∗ 10,000 = $10.00.

If we purchase one lot of US Nasdaq 100 Index (USTEC) at the ask price of $6,600.00, we need $6.60 initial margin. If we close the position at $6,750.00 bid

price, we can earn 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = $0.001 ∗ 15,000 = $15.00.






CFDs on Indexes


Size Margin Target Spread Trading Hours

MT4 Point Value

Step Step Value Contract size

CN50 China 50 Index 1 1% 1.5 Mon – Fri 03:00 – 22:45 $0.10 0.50 $0.50 10

HKG50 HK Hang Seng 50 Index 1 1% 15 Mon – Fri 03:15 – 19:00 HK$0.01 1.00 HK$1.00 10

IND_50 India 50 Index 1 1% 1.35 Mon – Fri 04:00 – 21:00 $0.10 0.50 $0.50 10

RUSS2000 US Russell 2000 Index 1 1% 0.7 Mon 03:00 – 23:59

Tue – Thur 00:05 – 23:59 Fri 00:05 – 23:55

$0.10 0.10 $0.10 10

USDX US Dollar Index 1 1% 0.05 Mon – Thur 03:00 – 23:59

Fri 03:00 – 23:55 $0.10 0.001 $0.10 100

XAUS200 Australian ASX 200 Index 1 1% 3 Mon – Fri 01:00 – 22:00 A$0.01 0.10 A$0.10 10

XEU50 Euro Stoxx 50 Index 1 1% 2 Mon – Fri 09:00 – 23:00 €0.01 0.10 €0.10 10

XFRA40 French CAC 40 1 1% 1 Mon – Fri 09:00 – 23:00 €0.01 0.10 €0.10 10

XGER30 German DAX 30 Index 1 1% 1 Mon – Fri 09:00 – 23:00 €0.01 0.10 €0.10 10

XITA40 Italian FTSE MIB 40 Index 1 1% 12 Mon – Fri 10:00 – 18:40 €0.01 1.00 €1.00 1

XJP225 Japan Nikkei 225 1 1% 10 Mon – Thur 01:00 – 23:59

Fri 01:00 – 23:55 ¥0.01 1.00 ¥1.00 10

XSPA35 Spanish IBEX 35 Index 1 1% 7 Mon – Fri 10:00 – 21:00 €0.01 0.10 €0.10 10

XUK100 UK FTSE 100 Index 1 1% 1 Mon – Fri 01:00 – 23:59 £0.01 0.10 £0.10 10

XUS30 US Dow Jones 30 Index 1 1% 2 Mon – Thru 01:00 – 23:59

Fri 01:00 – 23:55 $0.01 0.10 $0.10 10

XUS500 US S&P 500 Index 1 1% 0.5 Mon 01:00 -23:59

Tue – Fri 00:00 24:00 $0.01 0.10 $0.10 10

XUSTEC US Nasdaq 100 Index 1 1% 1 Mon- Thur 01:00 – 23:59

Fri 01:00 – 23:55 $0.01 0.10 $0.10 10






CFDs on Indexes Trading Examples

When we open one lot long position in China 50 Index (CN50) at ask price of A$5830.00, we need to use the following initial margin formula:



10 ∗ 1 ∗ $12,315.0 ∗ 0.10 ∗ 0.10

0.10 ∗ 100= $123.15

If the China 50 Index (CN50) bid price rises to $12,350.0, you may close the position with 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = $0.10 ∗ 350 =


If we purchase one lot of HK Hang Seng 50 Index (HKG50) at the ask price of HK$30,200.00, we need HK$302.00 initial margin. If we close the position at

HK$30,550.00 bid price, we can earn 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = HK$0.01 ∗ 350 = HK$35.00.

If we purchase one lot of US Russell 2000 Index (RUSS2000) at the ask price of $1,550.0, we need $15.50 initial margin. If we close the position at $1,590.0

bid price, we can earn 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = $0.10 ∗ 400 = $40.0.

If we purchase one lot of US Dollar Index (USDX) at the ask price of $90.500, we need $90.50 initial margin. If we close the position at $91.000 bid price, we

can earn 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = $0.10 ∗ 500 = $50.00.

If we purchase one lot of Australian ASX 200 Index (XAUS200) at the ask price of A$5,875.00, we need A$58.75 initial margin. If we close the position at

A$5,975.00 bid price, we can earn 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = 𝐴$0.10 ∗ 10,000 = 𝐴$1,000.00.

If we purchase one lot of Euro Stoxx 50 Index (XEU50) at the ask price of €3,500.00, we need €35.00 initial margin. If we close the position at €3,550.00 bid


If we purchase one lot of French CAC 40 (XFRA40) at the ask price of €5,400.00, we need €54.00 initial margin. If we close the position at €5,550.00 bid price,

we can earn 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = €0.01 ∗ 15,000 = €150.00.

If we purchase one lot of German DAX 30 Index (XGER30) at the ask price of €12,500.00, we need €54.00 initial margin. If we close the position at €12,550.00


If we purchase one lot of Italian FTSE MIB 40 Index (XITA40) at the ask price of €23,800.00, we need €23.80 initial margin. If we close the position at €23,900.00


If we purchase one lot of Japan Nikkei 225 (XJP225) at the ask price of ¥21,750.00, we need ¥2,175.00 initial margin. If we close the position at ¥21,900.00

bid price, we can earn 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = ¥0.01 ∗ 15,000 = ¥150.00.






If we purchase one lot of German DAX 30 Index (XGER30) at the ask price of €12,500.00, we need €54.00 initial margin. If we close the position at €12,550.00


If we purchase one lot of UK FTSE 100 Index (XUK100) at the ask price of £7,250.00, we need £72.50 initial margin. If we close the position at £7,400.00 bid

price, we can earn 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = £0.01 ∗ 15,000 = £150.00.

If we purchase one lot of US Dow Jones 30 Index (XUS30) at the ask price of $24,500.00, we need $250.00 initial margin. If we close the position at $24,550.00

bid price, we can earn 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = $0.01 ∗ 5,000 = $50.00.

If we purchase one lot of US S&P 500 Index (XUS500) at the ask price of $2,650.00, we need $26.50 initial margin. If we close the position at $2,750.00 bid


If we purchase one lot of US Nasdaq 100 Index (XUSTEC) at the ask price of $6,650.00, we need $66.50 initial margin. If we close the position at $6,750.00 bid







CFD on Fixed Income


Size15 Margin Target Spread Trading Hours16

MT4 Point Value17


EUR_BUND German Bund 1 1% 3 Mon – Fri

09:00 – 23:00 €1 0.01 €10 10

CFD on Fixed Income Trade Examples

When we open one lot long position in German Bund (EUR_BUND) at ask price of 159.000 €, we need to use the following initial margin formula:



1 ∗ 10 ∗ €159.000 ∗ 1 ∗ 0.1

0.01 ∗ 100= €159.00

If the German Bund (EUR_BUND) bid price rises to €159.500, you may close the position with 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = €1 ∗

500 = 100.00€ . Keep in mind that the long position closes at bid price. The graphs on Key to Markets MT4 platform show only the bid price.







Cryptocurrencies

Symbol Contract Min Trade Size19

Margin Target Spread Trading Hours20 MT4 Point Value21


BCHUSD BitcoinCash 0.01 20% 43 Mon – Thur 00:01 – 23:59 Fri 00:01 – 23:55

$0.01 0.50 $0.50 1

BTCEUR Bitcoin vs Euro 0.01 20% 91 Mon – Thur 00:01 – 23:59 Fri 00:01 – 23:55

€0.01 0.10 €0.10 1

BTCUSD Bitcoin 0.01 12% 9 Mon – Thur 00:01 – 23:59 Fri 00:01 – 23:55

$0.01 0.50 $0.50 1

DSHUSD Dash 0.01 20% 15 Mon – Thur 00:01 – 23:59 Fri 00:01 – 23:55

$0.01 0.01 $0.01 1

ETHUSD Ethereum 0.01 20% 19 Mon – Thur 00:01 – 23:59 Fri 00:01 – 23:55

$0.01 0.50 $0.50 1

LTCUSD Litecoin 0.01 20% 19 Mon – Thur 00:01 – 23:59 Fri 00:01 – 23:55

$0.01 0.50 $0.50 1

XPRUSD Ripple 0.01 20% 0.3 Mon – Thur 00:01 – 23:59 Fri 00:01 – 23:55

$0.0001 0.0001 $0.0001 1

Bitcoin Trade Examples

When we open one lot long position in Bitcoin (BTCUSD) at ask price of $7500.00, we need to use the following initial margin formula:


100=

1 ∗ 1 ∗ $7500.00 ∗ 12

100= $900.00

If the Bitcoin (BTCUSD) bid price rises to $7550.00, you may close the position with 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = $0.01 ∗ 5,000 =








Other Cryptocurrencies Trade Examples

The initial margin formula is different for other Cryptocurrencies. Consider the margin for the one lot position in Bitcoin Cash (BCHUSD) at price $600.00:


100=

1 ∗ 1 ∗ $600.00 ∗ 20

100= 120.00

If the Bitcoin Cash (BCHUSD) bid price rises to $650.00, you may close the position with 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = $0.01 ∗ 5,000 =


If we purchase one lot of Bitcoin vs Euro (BTCEUR) at the ask price of €6000.00, we need €1200.00 initial margin. If we close the position at €6050.00 bid


If we purchase one lot of Dash (DSHUSD) at the ask price of $350.00, we need $70.00 initial margin. If we close the position at $355.00 bid price, we can earn


If we purchase one lot of Ethereum (ETHUSD) at the ask price of $470.00, we need $94.00 initial margin. If we close the position at $500.00 bid price, we can

earn 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = $0.01 ∗ 3,000 = $50.00.

If we purchase one lot of Litecoin (LTCUSD) at the ask price of $120.00, we need $24.00 initial margin. If we close the position at $130.00 bid price, we can

earn 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 = $0.01 ∗ 1,000 = $10.00.

If we purchase hundered lots of Ripple (XPRUSD) at the ask price of $0.7500, we need $25.00 initial margin. If we close the position at $1.0000 bid price, we

can earn 𝑝𝑟𝑜𝑓𝑖𝑡 = 𝑀𝑇4 𝑝𝑜𝑖𝑛𝑡 𝑣𝑎𝑙𝑢𝑒 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑜𝑖𝑛𝑡𝑠 ∗ 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑙𝑜𝑡𝑠 $0.0001 ∗ 2,500 ∗ 100 = $25.00.






CFDs on US Stocks

Our clients can trade a wide range of CFDs on US Stocks, includes the most traded stocks of S&P and NASDAQ

indexes. You may see the full list of the financial instruments in the table.

All of the CFDs on the US shares have the same trading hours and are traded Mon – Fri, 16:30 – 23:00 (GMT+2).

The CFDs on shares can be traded at 5% margin, which corresponds to 1:20 leverage. There are no commissions

on opening the position regardless of the account type (Standard or Pro) you have.

The initial margin calculation follows the following formula23:

𝐼𝑛𝑖𝑡𝑖𝑎𝑙 𝑀𝑎𝑟𝑔𝑖𝑛 =Lots ∗ Market Price ∗ 5

100

For example: Apple (AAPL.OQ) price is $170.00 and we buy one lot, the 𝐼𝑛𝑖𝑡𝑖𝑎𝑙 𝑀𝑎𝑟𝑔𝑖𝑛 =1∗$170∗5

100= $8.5

The profit formula calculation follows the following formula:

𝑃𝑟𝑜𝑓𝑖𝑡 / 𝐿𝑜𝑠𝑠 = (Close price − Open price) ∗ 𝐿𝑜𝑡𝑠

For example: Apple (AAPL.OQ) price went to $175.00, we purchased one lot, 𝑃/𝐿 = ($175 − $170) ∗ 1 = $5

Please, keep in mind that the long position closes at bid price (opens at ask) and short at the ask price (opens at

bid). The graphs on Key to Markets MT4 platform show only the bid price.

23 The contract sizes are set to one for all of CFDs on US stocks. Additionally, the Tick Price = Tick Size = 0.01.

Company Name Symbol

Alibaba Group BABA.N Alphabet GOOG.OQ Amazon AMZN.OQ

American Express AXP.N American International Group AIG.N

Apple AAPL.OQ AT&T T.N

Bank of America BAC.N Boeing BA.N

Chevron CVX.N Cisco Systems CSCO.OQ

Citigroup C.N Coca – cola KO.N

eBay EBAY.OQ Exxon Mobil XOM.N Facebook FB.OQ

FedEx FDX.N Ferrari RACE.N

Ford Motor F.N General Electric GE.N General Motors GM.N Goldman Sachs GS.N

Hilton Worldwide Holdings HLT.N Hewlett Packard HPQ.N

IBM IBM.N Illumina ILMN.OQ

Intel INTC.OQ Johnson & Johnson JNJ.N JPMorgan Chase JPM.N

Master Card MA.N McDonald’s MCD.N

Microsoft MSFT.OQ Netflix NFLX.OQ Oracle ORCL.N Pfizer PFE.N

Proctor & Gamble PG.N Qualcomm QCOM.OQ

TESLA TSLA.OQ Teva Pharmaceutical Industries TEVA.P

Twitter TWTR.N Visa V.N






CFDs on German Stocks

We offer CFDs on the main German stocks. The trading specifications are similar to the CFDs on US stocks. Both

tick size and tick price are equal to 0.01, margin requirement is 10% (1:10 leverage) and no commissions regardless

the account type. The German stocks can be traded Monday to Friday between 11:00 and 19:30 (GMT+2). Please,

keep in mind that the reference currency is Euro and not US Dollar.

For example: we would like to open one lot long position in Daimler (DAIGn.DE) at ask price of €65.00, we would

need: 𝐼𝑛𝑖𝑡𝑖𝑎𝑙 𝑀𝑎𝑟𝑔𝑖𝑛 =𝐿𝑜𝑡𝑠∗𝑀𝑎𝑟𝑘𝑒𝑡 𝑃𝑟𝑖𝑐𝑒∗10

100=

1 ∗ €65.00 ∗10

100= €6.50. If the bid price is going to increase to

€70.00, our 𝑃𝑟𝑜𝑓𝑖𝑡 / 𝐿𝑜𝑠𝑠 = (𝐶𝑙𝑜𝑠𝑒 𝑝𝑟𝑖𝑐𝑒 − 𝑂𝑝𝑒𝑛 𝑝𝑟𝑖𝑐𝑒) ∗ 𝐿𝑜𝑡𝑠 = (€70.00 − €65.00) ∗ 1 = €5.00.

CFDs on French Stocks

We offer CFDs on the number of French stocks. The trading specifications are the same as for the CFDs on German

stocks. Both tick size and tick price are equal to 0.01, margin requirement is 10% (1:10 leverage) and no

commissions regardless the account type. The French stocks can be traded Monday to Friday between 11:00 and

19:30 (GMT+2). Please, keep in mind that the reference currency is Euro and not US Dollar.

For example: we would like to open ten lots long position in Air France (AIRF.PA) at ask price of €8.75, we would

need: 𝐼𝑛𝑖𝑡𝑖𝑎𝑙 𝑀𝑎𝑟𝑔𝑖𝑛 =𝐿𝑜𝑡𝑠∗𝑀𝑎𝑟𝑘𝑒𝑡 𝑃𝑟𝑖𝑐𝑒∗10

100=

10 ∗ €8.75 ∗10

100= €8.75. If the bid price is going to increase to €9.00,

our 𝑃𝑟𝑜𝑓𝑖𝑡 / 𝐿𝑜𝑠𝑠 = (𝐶𝑙𝑜𝑠𝑒 𝑝𝑟𝑖𝑐𝑒 − 𝑂𝑝𝑒𝑛 𝑝𝑟𝑖𝑐𝑒) ∗ 𝐿𝑜𝑡𝑠 = (€9.00 − €8.75) ∗ 10 = €2.50.

CFDs on Spanish Stocks

We offer CFDs on the number of Spanish stocks. The trading specifications are the same as for the CFDs on German

and French stocks. Both tick size and tick price are equal to 0.01, margin requirement is 10% (1:10 leverage) and

no commissions regardless the account type. The Spanish stocks can be traded Monday to Friday between 11:00

and 19:30 (GMT+2). Please, keep in mind that the reference currency is Euro and not US Dollar.

For example: we would like to open ten lots long position in Banco Santander (SAN.MC) at ask price of €5.40, we

would need: 𝐼𝑛𝑖𝑡𝑖𝑎𝑙 𝑀𝑎𝑟𝑔𝑖𝑛 =𝐿𝑜𝑡𝑠∗𝑀𝑎𝑟𝑘𝑒𝑡 𝑃𝑟𝑖𝑐𝑒∗10

100=

10 ∗ €5.40 ∗10

100= €5.40. If the bid price is going to increase to

€5.80, our receive 𝑃𝑟𝑜𝑓𝑖𝑡 / 𝐿𝑜𝑠𝑠 = (𝐶𝑙𝑜𝑠𝑒 𝑝𝑟𝑖𝑐𝑒 − 𝑂𝑝𝑒𝑛 𝑝𝑟𝑖𝑐𝑒) ∗ 𝐿𝑜𝑡𝑠 = (€5.80 − €5.40) ∗ 10 = €4.00.

Company Name Symbol Adidas ADSGn.DE Allianz ALVG.DE Bayer BAYGn.DE BMW BMWG.DE

Commerzbank CBKG.DE Daimler DAIGn.DE

Deutsche Bank DBKGn.DE Deutsche Post DPWGn.DE

E.On EONGn.DE Lufthansa LHAG.DE Siemens SIEGn.DE

Volkswagen VOWG_p.DE

Company Name Symbol Air France - KLM AIRF.PA

BNP Paribas BNPP.PA Danone DANO.PA LVMH LVMH.PA

Societe Generale SOGN.PA Total TOTF.PA

Company Name Symbol

Banco Santander SAN.MC Bankia BKIA.MC BBVA BBVA.MC

Iberdrola IBE.MC Mapfre MAP.MC

Telefonica TEF.MC






Regulation

KEY TO MARKETS NZ Limited is a company registered in New Zealand under number 4472148 and a member of FSCL, an approved External Disputes Resolution

(EDR) scheme. KEY TO MARKETS NZ Limited does not offer any services to residents of New Zealand, USA, Iran, North Korea and other countries where

restrictions apply.

KEY TO MARKETS NZ Limited is wholly-owned and controlled by KEY TO MARKETS (UK) Limited a company registered in the United Kingdom and regulated by

the Financial Conduct Authority (FCA register number 527809) and with the MiFID passport is able to carry on its business in all the European countries subject

to MiFID regulations. KEY TO MARKETS (UK) Limited supports KEY TO MARKETS NZ Limited for processing Skrill and Neteller payments.

KEY TO MARKETS DMCC is a company registered in Dubai (UAE) – DMCC free zone under number DMCC95681 and regulated by the DMCC with trading license

number DMCC-344359.

KEY TO MARKETS only acts as intermediary and does not invest its own capital in speculative trading. The counterparties of each transaction are only top tier

banks. Customer funds are strictly held in segregated accounts at primary banks with high credit rating.

Risk Warning and Disclosure

Trading in Margined Foreign Exchange and Contracts For Difference carries a high level of risk to your capital and is subject to rapid and unexpected price

movements. A key risk of leveraged trading is that if a market moves against your position you can incur additional liabilities far in excess of your initial margin

deposit. Only speculate with money you can afford to lose. The products listed on this website may not be suitable for all customers, therefore ensure you

fully understand the risks involved and seek independent financial advice if necessary. Nothing on Key to Markets’ websites, emails or any other form of

communication or advertisement is intended to be a recommendation to buy or sell in any financial derivative markets. No representation, implicit or explicit,

has been made that any account will or is likely to realize any particular profit or loss. If you have any doubt whether any investment is suitable for you, you

should obtain expert advice. The website keytomarkets.com/ is owned and operated by Key to Markets Limited, UK.

Disclaimer

This material is prepared for the information purposes only and does not constitute a public offer. The conditions on the described instruments may change

time to time and for the future references you should refer to the Key to Markets trading platform and Key to Markets terms and conditions.




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