The minimum leverage is 1:1. The maximum leverage is 1:500.

Commodities: The standard leverage for gold/silver is 1:100.

Indices: The leverage for Index products is 1:100.

Cryptos & Stocks: The leverage for Crypto & Stock products is 1:50.

Our margin call / stop out levels are 100% / 50%.

Our average execution speed is around 0.1 seconds.

The minimum trade size for pairs and metals is 0.01 lots and the maximum trade size is 50 lots.

The min. trade size for Energy is 0.01 and the maximum trade size is 30 lots.

The min. trade size for Energy is 0.01 and the maximum trade size is 30 lots.

You can always check the current max./min. trade size from MT4 product specifications. However, how much it can fill will depend on the market liquidity.

Traders who use large leverage available would face the risk of a negative balance.

The higher leverage a trader uses, the more risks they take. Please also note that a negative balance may occur due to a slippage during high volatility.

Long Asia covers the negative balance, ensuring that clients cannot lose more money than they put it. Moreover, our Risk department is constantly monitoring our clients’ risk-taking and if we see that a client trades irresponsibly, then we will notify the client via e-mail and ask them to reduce risk exposure. Also, we might reduce the leverage on the client’s account.

Long Asia is a NDD broker, which means that we just clear our clients’ trades and retranslate quotes we get from our liquidity providers. Orders in the real market are always executed at current market prices, which is why a slippage may occur in the case of a sharp movement.

Please note that during market-moving news, market close & open or high volatility, the risk of slippage is higher than during normal conditions. With us, you will get both positive and negative slippages.

Triple swap charges apply for positions on FX pairs, Silver and Gold that are held overnight on Wednesday. For the rest of the instruments, triple swap charges apply for positions that are held overnight on Friday. This is a standard practice in the forex industry.

These swaps cover the interest for Saturday and Sunday when the markets are closed. All swaps are calculated based on the quoted currency.

Example:
If you open a long position of 1 lot on EURAUD, the overnight swap charge would be -14.11 Australian Dollars. If you had opened the same position on a Wednesday and roll over the position to the next day, the swap would be -14.11 * 3.

If the account currency is in USD, then we have to convert the amount above to USD by using AUDUSD spot rate.

You can always check the trading hours of a product by login to your MetaTrader platform, right-click on the symbol > choose ‘specifications’ and you can find its trading hours.

There are no commissions on the Standard account. If you are using the ECN account, the commission will be charged immediately once you open a trade.

At Long Asia, slippage can occur during market volatile movement, depending on the market conditions and volatility. There could be both positive and negative slippages.

22:00 GMT+0 is the Forex daily close & re-open time. Please take note, this is the time which the market will become volatile. Spreads will enlarge and the liquidity is thinner than usual and this may lead to larger slippage, partial fill or even reject.

The same situation applies to Friday market close and on Sunday market open or when big news is released. Forex/CFDs are high leveraged trading products, we would highly recommend you to pay more attention to your account positions and make sure you have sufficient funds in your account.

You can find your account balance and trading history in your MT4 platform. The account balance can also be seen in your Summary Report at Long Asia Client Portal.