![]() Please ensure you fully understand the risks and carefully consider your financial situation and trading experience before trading. These products are not suitable for all investors. Risk Warning: Our products are traded on leverage which means they carry a high level of risk and you could lose more than your deposits. FXCM Markets is not required to hold any financial services license or authorization in St Vincent and the Grenadines to offer its products and services. 17 and is an operating subsidiary within the FXCM group of companies (collectively, the "FXCM Group" or "FXCM"). SOL/USD is not available on MT4 accountsįXCM Markets LLC ("FXCM Markets") is incorporated in St Vincent and the Grenadines with company registration No. Other Information SOL/USD does not have a minimum stop distance Stops and Limits are currently only able to be set at 50% of the rate. You will still be able to close open positions. Any restrictions are temporary and will only impact your ability to enter trades. ![]() Pop ups will appear on your screen informing of the reason for the rejection. However due to the high volatility and low liquidity when trading crypto currencies, there may be instances where new positions are unable to be opened on SOL/USD.ĭuring any period in which SOL/USD has a trading restriction applied, any market orders or triggered pending entry orders will be rejected and deleted. Trade Restrictions FXCM allows long and short trading on all our trading catalog. The current overnight funding rate is 0% (annually) for short positions and -25% (annually) for long positions and is 3x on Fridays. Overnight Funding SOL/USD does have an overnight funding charge (Displayed as Rollover in the Trading Station Platform). For E.G if the SOL/USD rate is 60.00 between 17:00 ET to 18:00 ET daily, the Margin Requirement for one contract will be updated to $15.00 USD SOL/USD is a volatile instrument and in the event that there is a significant intraday market move, margin requirements may be updated intraday SOL/USD is leveraged at 4:1 and the new margin requirement will be the equivalent of a quarter of the notional value of 1 contract at 5pm EST. Margin Requirements SOL/USD Margin Requirements are updated shortly after market open (Sunday 18:00 ET) and then between 17:00 ET to 18:00 ET daily. 1 FXCM SOL/USD contract is currently equivalent to one Solana. Each 0.01 price movement on SOL/USD is 1 pip/point. Please refer to the Simple Dealing Rates Window in Trading Station for this value). Minimum Pip Cost (Value) SOL/USD has a minimum value of 0.01 USD per point (Your per point value may be different if your account is denominated in a different currency. Max Contract Size The maximum number of contracts per click (trade) for SOL/USD is 1000. Spread SOL/USD has variable spreads that will widen and narrow subject to market conditions. Any holiday hours will be posted on here. ![]() Please note, however, that hours are subject to change based on Daylight Savings Time. Trading Hours Please click here for trading hours. The cryptocurrency that runs on the Solana blockchain is also named Solana and has the ticker symbol SOL. It employs a bundle of novel approaches, including the "proof of history" mechanism. Solana - Solana is a crypto computing platform that aims to achieve high transaction speeds without sacrificing decentralization. ![]()
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