Bonds
Eszköz keresése
Kereskedési feltételek és díjak
A fogalmak magyarázata *a táblázat fejléceiből
Instrumentum – A kereskedni kívánt CFD-termék alapjául szolgáló devizapár vagy mögöttes eszköz.
Ország – Az ország, ahonnan a saját tőke vagy a kötvény származik.
Tételméret – Az egyes platformokon kereskedett tétel nagysága (Megjegyzés: az Ava Trader tételméretek a minimális tételméretet jelentik. Az MT4 a standard tételméretet mutatja).
Standard spread – Az egyes instrumentumokra vonatkozó VÉTELI és ELADÁSI ár közötti különbség, szokásos piaci feltételek esetén.
Tőkeáttétel – Letét (margin) használata a nagyobb tőkealappal való kereskedéshez. A tőkeáttétel jelentősen megnövelheti veszteségét, ahogy nyereségét is.
Letét/tétel – Az egyes instrumentumok egyetlen tételének megnyitásához szükséges letét (Megjegyzés: ez elméleti összegként jelenik meg).
Lépésköz – Az egyes instrumentumok ármozgásának minimális mértéke.
Egynapos (éjszakai) kamat Vétel/Eladás – Az egyes instrumentumokra naponta terhelt/jóváírt kamat %-ban kifejezve
Kereskedési idő – Az időszak, amikor adott instrumentum a kereskedéshez rendelkezésre áll
Jegyzett hónapok – Az AvaTrade platformjain jegyzett határidős szerződések hónapjai.
Tőzsde – A tőzsde, amelyen a mögöttes eszközt jegyzik.
Egységek – Az egység, amelyben az egyes tételméreteket jegyzik.
Kockázati figyelmeztetés:
A letéttel történő CFD-kereskedés magas kockázattal jár, és nem minden befektető számára megfelelő.
KERESKEDÉSI DÍJAK:
Az ezen a weboldalon/platformon végzett minden kereskedésre vonatkozhatnak az alábbi díjak:
- SPREADEK
- EGYNAPOS KAMAT
- LEJÁRATKORI GÖRGETÉS
- VÁLLALATI INTÉZKEDÉSEK
- INAKTIVITÁSI DÍJ
Devizakereskedés
A devizaügyletekre vonatkozó spread számítása
A devizakereskedési feltételek a devizapiaci eszközökre vonatkozó standard vételi és ajánlati ár közötti különbözetet (speradet) mutatják (pipben), amennyiben másképp nem szerepel. A standard spreadek szokásos piaci körülmények között érvényesek. A spreadek a piaci feltételek függvényében szélesedhetnek.
A spread költség képlete: Spread x Ügyletméret = Spread díja a másodlagos pénznemben*
*A másodlagos pénznem a devizapárban jegyzett második pénznem (1. PÉNZNEM/2. PÉNZNEM USD/JPY, EUR/USD stb.)
Példa:
1000 EUR/USD ügyletnél 3 pip (0,0003) spread esetén a számítás a következő:
0,0003 x 1000 = 0,30 $*
Az AvaTrade a vételi és ajánlati ár közötti spread révén kerül kompenzálásra, kivéve, ha másként van feltüntetve.
Az AvaTrade semmilyen ügyletre nem számít fel jutalékot.
A devizakereskedési letét/tőkeáttétel számítása
Minden instrumentummal letéttel történik a kereskedés, ami lehetővé teszi a pozíciók tőkeáttétellel való megnövelését. A devizakereskedési feltételek mind a letét, mind a tőkeáttétel összegét tartalmazzák; a letét százalékban (%), míg a tőkeáttétel arányként látható
Százalékos letét képlete: Ügyletméret x Letét (%) = Szükséges letét elsődleges pénznemben*
Tőkeáttételes letét képlete: Ügyletméret / tőkeáttétel = Szükséges letét az elsődleges pénznemben*
*Az elsődleges pénznem a devizapárban jegyzett első pénznem (1. PÉNZNEM/2. PÉNZNEM: USD/JPY, EUR/USD stb.)
Példa
1000 EUR/USD ügyletnél 0,50%-os letéti követelmény vagy 200:1 arányú tőkeáttétel esetén a számítás a következő:
Százalékos letéti követelmény: 1000 x 0,005 = 5,00 €*
Tőkeáttételes letéti követelmény: 1000 x 200 = 5,00 €*
A devizavétel/eladás egynapos kamatlábának számítása
A devizakereskedési feltételek a napi szinten felszámított/fizetett éjszakai (O/N) kamatlábakat jelenítik meg, amelyet akkor merülnek fel, ha a pozíció nyitva marad a napi zárásunk után. Ezek a kamatok az „Egynapos kamat – vétel” és az „Egynapos kamat – eladás” oszlopokban jelennek meg. A napi zárás időpontja 22:00 GMT, a nyári időszámítás idején pedig 21:00 GMT.
A napi egynapos kamat kiszámításához a következő képlet használható:
Ügylet összege x Napi egynapos kamat = Felszámított/fizetett napi egynapos kamat*
*A felszámított/fizetett egynapos kamat az elsődleges pénznemben kerül kiszámításra; az elsődleges pénznem a devizapárban jegyzett első pénznem (1. PÉNZNEM/2. PÉNZNEM: USD/JPY, EUR/USD stb.)
Példa
1000 EUR/USD ügyletnél a napi egynapos vételi (vagy eladási) kamat -0,0053%-os rátával és 1 napra vonatkozóan az alábbiak szerint számítható ki:
1000 x -0,000053 = -0,053 = -0,05 €* kerekítve
Megjegyzés: Az Ava Trade platformok egynapos kamatokat (más néven swapokat) évesített formában jelenítik meg.
COMMODITY MATURITIES AND ROLLOVERS
The Commodities Trading Conditions display the Standard Bid-Ask Spread OR ‘Spread Over Market’ for Commodity Instruments unless otherwise stated. Standard Spreads are as stated under Normal Market Conditions while the ‘Spread Over Market’ is the Mark-up AVATRADE adds to the Current Market Spread.
Spread Cost Formula: Spread x Trade Size = Spread Charge in Currency Instrument is denominated in.
Example
For a 10 barrel Crude Oil Trade, with a Spread of 4 pips ($0.04), the calculation is as follows:
0.04 X 10 = $0.40*
AvaTrade is compensated through the Bid-Ask spread, except when otherwise stated.
AvaTrade does not charge commissions on any trade.
All Instruments are traded on Margin allowing you to Leverage your positions. The Commodities Trading Conditions display Margin Amounts as a Percentage (%).
Percentage Margin Formula: Position Size x Current Price x Margin (%) = Margin Required*
* Margin Required is calculated in the Currency the Instrument is Denominated in.
Example
For a 10 barrel Crude Oil Trade, with a Market Price of $98.00 and a Margin Requirement of 1.00%, the calculation is as follows:
Percentage Margin Requirement: 10 x 98 x 0.01 = $9.80*
The Commodities Trading Conditions display the Over-Night (O/N) Interest Rates Charged/Paid on a daily basis for holding a position open past the End of Day time. These are displayed in the “Overnight Interest – Buy” and “Overnight Interest – Sell” columns. End of Day is 22:00 GMT except during Daylight Savings when it changes to 21:00 GMT.
You can use the following formula to calculate your Overnight Interest amount:
Trade Size x End of Day Market Price x Daily Overnight Interest = Daily Overnight Interest Charged/Paid*
*Overnight Interest Charged/Paid is calculated in the Currency the Instrument is Denominated in.
Example
For a 10 barrel Crude Oil Trade, with an End of Day Market Price of $50.00 and a Daily Overnight Interest Buy (or Sell) rate of -0.0028%, and subject to a charge for 1 day, the calculation is as follows:
10 x 50.00 x -0.000028 = -0.014 = -$0.01* rounded.
Note: Ava Trade platforms display overnight interest (swaps) in annualised terms.
STOCK INDICES
The Stock Indices Trading Conditions display the ‘Spread Over Market’ for Stock Index Instruments unless otherwise stated. The ‘Spread Over Market’ is the Mark-up AVATRADE adds to the Current Market Spread.
Spread Cost Formula: Spread x Trade Size = Spread Charge in Currency Instrument is denominated in.
Example 1
For a 1 index US500 Trade, with a Spread of 75 Pips ($0.75), the calculation is as follows:
0.75 X 1 = $0.75*
AvaTrade is compensated through the Bid-Ask spread, except when otherwise stated.
AvaTrade does not charge commissions on any trade.
All Instruments are traded on Margin allowing you to Leverage your positions. The Stock Indices Trading Conditions display Margin Amounts as a Percentage (%).
Percentage Margin Formula: Position Size x Current Price x Margin (%) = Margin Required*
* Margin Required is calculated in the Currency the Instrument is Denominated in.
Example
For a 1 Index US500, based on S&P500 Trade, with a Market Price of $1400 and a Margin Requirement of 0.50%, the calculation is as follows:
Percentage Margin Requirement: 1 x 1, 400 x 0.005 = $7.00*
The Stock Indices Trading Conditions display the Over-Night (O/N) Interest Rates Charged/Paid on a daily basis for holding a position open past the End of Day time. These are displayed in the “Overnight Interest – Buy” and “Overnight Interest – Sell” columns. End of Day is 22:00 GMT except during Daylight Savings when it changes to 21:00 GMT.
You can use the following formula to calculate your Overnight Interest amount:
Trade Size x End of Day Market Price x Daily Overnight Interest = Daily Overnight Interest Charged/Paid*
*Overnight Interest Charged/Paid is calculated in the Currency the Instrument is Denominated in.
Example
For a 1 Index US500 Trade, with an End of Day Market Price of $2000 and a Daily Overnight Interest Buy (or Sell) rate of -0.0028%, and subject to a charge for 1 day, the calculation is as follows:
1 x 2,000 x -0.000028 = -0.056 = -$0.06* rounded.
Note: Ava Trade platforms display overnight interest (swaps) in annualised terms.
INDIVIDUAL EQUITIES
The Individual Equities Trading Conditions display the ‘Spread Over Market’ for Individual Equity Instruments unless otherwise stated. The ‘Spread Over Market’ is the Mark-up AVATRADE adds to the Current Market Spread.
Spread Cost Formula: Spread x Trade Size = Spread Charge in Currency Instrument is denominated in.
Example
For a trade of 1 APPLE share, with a Spread of 12 pips (0.12), the calculation is as follows:
0.12 X 1 = $0.12*
AvaTrade is compensated through the Bid-Ask spread, except when otherwise stated.
AvaTrade does not charge commissions on any trade.
All Instruments are traded on Margin allowing you to Leverage your positions. The Individual Equities Trading Conditions display Margin Amounts as a Percentage (%).
Percentage Margin Formula: Position Size x Current Price x Margin (%) = Margin Required*
*Margin Required is calculated in the Currency the Instrument is Denominated in.
AVA may double margin requirements on specific stocks prior to earnings release. This is a preventative measure to avoid clients with large exposures in the said equity, falling into negative equity.
Example
For a trade of 1 APPLE share with a Market Price of $500 and a Margin Requirement of 5.00%, the calculation is as follows:
Percentage Margin Requirement: 1 x 500 x 0.05 = $25.00*
The Individual Equities Trading Conditions display the Over-Night Interest Rates Charged/Paid on a daily basis for holding a position open past the End of Day time. These are displayed in the “Overnight Interest – Buy” and “Overnight Interest – Sell” columns. End of Day is 22:00 GMT except during Daylight Savings when it changes to 21:00 GMT.
You can use the following formula to calculate your Overnight Interest amount:
Trade Size x End of Day Market Price x Daily Overnight Interest = Daily Overnight Interest Charged/Paid*
* Overnight Interest Charged/Paid is calculated in the Currency the Instrument is Denominated in.
Example
For a trade of 1 APPLE share, with an End of Day Market Price of $140 and a Daily Overnight Interest Buy (or Sell) rate of -0.0083%, and subject to a charge for 1 day, the calculation is as follows:
1 x 140 x -0.000083 = -0.012 = -$0.01* rounded.
Note: Ava Trade platforms display overnight interest (swaps) in annualised terms.
Individual Equities may at some stage partake in a Corporate Action; these can include Dividends, Rights Issues, Stock/Reverse Splits, Mergers, Acquisitions, Takeovers etc.
Dividends: For any individual equity on the AVATRADE trading platforms that declares a dividend, AVATRADE will make an Adjustment to every account that holds said equity, at the end of the cum-dividend day. This will be one day before the ex-dividend day.
The adjustment made to accounts will be:
1. Long Positions will be Credited with 100% of the Gross dividend.
(Amount of Shares x Gross Dividend) x 1.00
2. Short Positions will be Debited with 100% of the Gross dividend.
(Amount of Shares x Gross Dividend) x -1
Note: There are no other costs to clients in relation to Dividends.
Example
For a trade of 1 APPLE share, with a GROSS Div. of $1.00, the calculation is as follows:
Long Position: (1 x 1.00) x 1.00 = 1.00 x 1.00 = +$1.00
Short Position: (1 x 1.00) x -1 = 1.00 x -1 = -$1.00
For ALL other Corporate Actions: Rights Issue, Stock/Reverse Splits, Mergers, Acquisitions, Takeovers etc, and as these actions can happen suddenly and without prior knowledge.
Note: There are no costs to clients in relation to these other Corporate Actions.
BONDS
The Bonds Trading Conditions display the ‘Spread Over Market’ for Bond Instruments unless otherwise stated. The ‘Spread Over Market’ is the Mark-up AVATRADE adds to the Current Market Spread.
Spread Cost Formula: Spread x Trade Size = Spread Charge in Currency Instrument is denominated in.
Example
For a trade of 10 Bonds on the 5 Year US T-NOTE, with a Spread of 5 pips (0.05), the calculation is as follows:
0.05 X 10 = $0.50*
AvaTrade is compensated through the Bid-Ask spread, except when otherwise stated.
AvaTrade does not charge commissions on any trade.
All Instruments are traded on Margin allowing you to Leverage your positions. The Bonds Trading Conditions display Margin Amounts as a Percentage (%).
Percentage Margin Formula: Position Size x Current Price x Margin (%) = Margin Required*
* Margin Required is calculated in the Currency the Instrument is Denominated in.
Example
For a trade of 10 Bonds on the 5 Year US T-NOTE, with a Market Price of $124.50 and a Margin Requirement of 1.00%, the calculation is as follows:
Percentage Margin Requirement: 10 x 124.50 x 0.01 = $12.45*
The Bonds Trading Conditions display the Over-Night (O/N) Interest Rates Charged/Paid on a daily basis for holding a position open past the End of Day time. These are displayed in the “Overnight Interest – Buy “and “Overnight Interest – Sell” columns. End of Day is 22:00 GMT except during Daylight Savings when it changes to 21:00 GMT.
You can use the following formula to calculate your Overnight Interest amount:
Trade Size x End of Day Market Price x Daily Overnight Interest = Daily Overnight Interest Charged/Paid*
*Overnight Interest Charged/Paid is calculated in the Currency the Instrument is Denominated in.
Example
For a 10 Bond 5 Year US T-NOTES Trade, with an End of Day Market Price of $150 and a Daily Overnight Interest Buy (or Sell) rate of -0.0028%, and subject to a charge for 1 day, the calculation is as follows:
10 x 150 x -0.000028 = -0.042 = -$0.04* rounded.
Note: Ava Trade platforms display overnight interest (swaps) in annualised terms.
EXCHANGE TRADED FUNDS
The Exchange Traded Funds Trading Conditions display the ‘Spread Over Market’ for Bond Instruments unless otherwise stated. The ‘Spread Over Market’ is the Mark-up AVATRADE adds to the Current Market Spread.
Spread Cost Formula: Spread x Trade Size = Spread Charge in Currency Instrument is denominated in.
Example
For a trade of 10 Financial Select Sector SPDR shares, with a Spread of 6 pips (0.06), the calculation is as follows:
0.06 X 10 = $0.60*
AvaTrade is compensated through the Bid-Ask spread, except when otherwise stated.
AvaTrade does not charge commissions on any trade.
All Instruments are traded on Margin allowing you to Leverage your positions. The Exchange Traded Funds Trading Conditions display Margin Amounts as a Percentage (%).
Percentage Margin Formula: Position Size x Current Price x Margin (%) = Margin Required*
* Margin Required is calculated in the Currency the Instrument is Denominated in.
Example
For a trade of 10 Financial Select Sector SPDR shares, with a Market Price of $18.50 and a Margin Requirement of 5.00%, the calculation is as follows:
Percentage Margin Requirement: 10 x 18.50 x 0.05 = $9.25*
The Exchange Traded Funds Trading Conditions display the Over-Night (O/N) Interest Rates Charged/Paid on a daily basis for holding a position open past the End of Day time. These are displayed in the “Overnight Interest – Buy” and “Overnight Interest – Sell” columns. End of Day is 22:00 GMT except during Daylight Savings when it changes to 21:00 GMT.
You can use the following formula to calculate your Overnight Interest amount:
Trade Size x End of Day Market Price x Daily Overnight Interest = Daily Overnight Interest Charged/Paid*
*Overnight Interest Charged/Paid is calculated in the Currency the Instrument is Denominated in.
Example
For a trade of 10 Financial Select Sector SPDR shares, with an End of Day Market Price of $24.00 and a Daily Overnight Interest Buy (or Sell) rate of -0.0083%, and subject to a charge for 1 day, the calculation is as follows:
10 x 24.00 x -0.000083 = -0.019 = -$0.02* rounded.
Note: Ava Trade platforms display overnight interest (swaps) in annualised terms.
Exchange Traded Funds (ETF’s) may at some stage partake in a Corporate Action; these can include Dividends, Rights Issues, Stock/Reverse Splits, etc.
Dividends: For any ETF on the AVATRADE trading platforms that declares a dividend, AVATRADE will make an Adjustment to every account that holds said equity, at the end of the cum-dividend day. This will be one day before the ex-dividend day.
The adjustment made to accounts will be:
1. Long Positions will be Credited with 90% of the Gross dividend.
(Amount of Shares x Gross Dividend) x 0.90
2. Short Positions will be Debited with 100% of the Gross dividend.
(Amount of Shares x Gross Dividend) x -1
Note: There are no other costs to clients in relation to Dividends.
Example
For a trade of 10 Financial Select Sector SPDR shares, with a GROSS Div. of $1.00, the calculation is as follows:
Long Position: (1 x 1.00) x 0.90 = 1.00 x 0.90 = +$0.90
Short Position: (1 x 1.00) x -1 = 1.00 x -1 = -$1.00
For ALL other Corporate Actions: Rights Issue, Stock/Reverse Splits, etc. and as these actions can happen suddenly and without prior knowledge, Open Positions and Orders will be Closed/Removed at the end of the cum-action day at market price on the particular equity.
Note: There are no costs to clients in relation to these other Corporate Actions.
INACTIVITY AND ADMINISTRATION FEES
Customer acknowledges that the Customer’s trading account may be subject to an inactivity fees unless prohibited by law. After 3 consecutive months of non-use (“Inactivity Period”), and every successive Inactivity Period, an inactivity fee will be deducted from the value of the Customer’s trading account. This fee is outlined below and subject to client relevant currency based account:
Inactivity Fee:
- USD Account: $50
- EUR Account: €50
- GBP Account: £50
Applicable fees subject to change periodically.
Customer acknowledges that the Customer’s trading account may be subject to an annual administration fee unless prohibited by law. After 12 consecutive months of non-use (“Annual Inactivity Period”), an administration fee will be deducted from the value of the Customer’s trading account. This fee is outlined below and subject to client relevant currency based account: This is to offset the cost incurred in making the service available, even though it may not be used.
Administration Fee:
- USD Account: $100
- EUR Account: €100
- GBP Account: £100
Applicable fees subject to change periodically.
Trading Conditions:
Spread
- All Spreads are Over Market.
- FX Standard Spreads are as stated under Normal Market Conditions.
- FX Pairs may not be tradable shortly before and after End-of-Day (22:00 GMT or 21:00 GMT during US DST) – due to liquidity constraints during the Interbank settlement period
- Gold & Silver spreads may be wider than stated from approx 22:00 – 02:00 GMT.
- Crude & Brent Oil spreads may be wider than stated from approx 22:00 – 05:00 GMT.
- Crude Oil & Natural Gas spreads may be wider during Weekly Inventories.
- PIP FX Pairs = 0.0001; 1 PIP JPY FX Pairs = 0.01.
- Typical Spreads are an indication only and may widen due to volatile market conditions
- Typical Spreads are derived from the median value of the respective spreads during trading hours (07.00-18.00 GMT) from a previous quarter.
- FX Option Spreads show typical bid-offer spreads for 1-month at-the-money options under normal market conditions.
- FX Options can be traded online up to 24 hours prior to their expiration.
- FX Options expire at the times indicated in the platform, which correspond to 10:00am New York time.
- All FX Options are European style vanilla options. At expiration, all in-the-money options will be automatically closed at intrinsic value.
- Crude Oil Monthly Futures positions are closed at expiry – they are not rolled onto the next contract
- Crude Oil Monthly Futures may be set to ‘Close-Only’ in advance of expiry
- Trading Hours may change due to Daylight Savings Time.
Overnight Interest Rates:
- All Overnight Interest Rates are indicative and subject to change.
- MT4 FX, Gold & Silver Positions: Saturday/Sunday Overnight Interest will be Debited/Credited on the Wednesday before.
- MT4 Non-FX (excl. Gold & Silver) Positions: Saturday/Sunday Overnight Interest will be Debited/Credited on the Friday before.
Margin:
- Margin requirements can increase based on position size, news release and/or volatility.
- If an Options account has open positions in both the underlying instrument (e.g. Spot EUR/USD) and Options on the instrument (e.g. Short Call on EUR/USD), the lower leverage (higher margin rate) will apply to all spot and option positions in that instrument.
Trade Size:
- MetaTrader Minimum Nominal Trade Size = 0.01
- Fractional share size (0.001 Lot) available for selected shares on MT5 Platform.
- BTCUSD, BTCEUR, BTCJPY, BCHUSD, ETHEREUM, XRP(RIPPLE), LITECOIN Mini, BTGUSD, DASH, Stellar (XLMUSD) – Trading is 24/7 for MetaTrader accounts.
- Cryptocurrency spreads can be volatile and depend on current market conditions.
- Margin Requirements on Crypto pairs may increase during periods of volatility.
- Crypto Currency trading is not available on Islamic accounts.
- BTC Pairs = $750K Max*
- ETH = $500K Max*
- XRP = $100K Max*
- BCH, LTC = $200K Max*
- BTGUSD, STELLAR, EOS, NEO, MIOTA, DOGECOIN, SHIBA, SOLANA, POLYGON = $50K Max*
- DASH = $10K Max*
- Palladium = $400K Max*
- CRYPTO10, CANNABIS_IN = $100K Max*
- Crypto Assets’ limit of $1.5M
Crypto Currencies:
Please note: As per regulation guidelines, Cryptocurrencies trading is prohibited for all UK based clients except professional traders.
Please Note: Due to platform maintenance and downtime on the Crypto exchanges, Crypto pairs may be un-tradable for short periods over the weekends.
Max Positions Limits
* Maximum Position Limits may be reduced during periods of volatility.
* Position Limits may be introduced on any security during periods of volatility.
* Margins may be increased on any instrument, without prior notice, outside normal market conditions
AvaTrade reserves the right to cancel any excess trades or exposures that exceed the outlined threshold limits, all cancelled trades will be closed at their opening rates.
AvaTrade reserves the right to modify its threshold limits, affected clients will be notified in advance and may be required to reduce their exposure.
Your access to and use of the website and/or platform constitutes your acceptance of these Trading Conditions and any other legal notices and statements contained on same. Ava may modify these Trading Conditions at any time and without prior notice. Your continued access to and use of the website and/or platform constitutes your acceptance of these Trading Conditions as modified.
