.: PARTNERS :.
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| REALTIME FOREX - ONLINE CURRENCY TRADING |
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• 24 Hour Trading
• Commission Free
• Streaming Prices
• Instant Execution
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• Advanced Trading Solution
• Free Charts and News
• Daily Market Comments
• 24 Hour Support
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 CLIENT LOGIN - DEMO LOGIN
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Realtime Forex trading Conditions |
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Account opening
Margin requirement
Margin Call
Close Position
Account closing
Applicable Law and Jurisdiction
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 TRADING |
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| Account opening |
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The initial margin requirements are the following:
• 2’500 Euro or equivalent for the opening of a “Silver” Account;
• 20’000 Euro or equivalent for the opening of a “Gold” Account;
• 100’000 Euro or equivalent for the opening of a “Platinum” Account.
A first demand bank guarantee from an approved bank will also be accepted. Accounts may be opened in any major currency (i.e. USD, EUR, GBP, JPY, CHF, etc.). Realtime Forex SA will activate the account upon receipt of the funds and the appropriate account opening documentation. Unfortunately, due to Swiss law, Realtime Forex SA is unable to pay interest on accounts opened directly with Realtime Forex SA. However, clients opening accounts of USD 250,000 or more can open an interest bearing account with one of our partner banks. |
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| Margin requirement |
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A minimum margin is required for all spot and forward positions as follows:
• 2% or 50 times the available margin for the “Silver” accounts;
• 1,5% or 66 times the available margin for the “Gold” accounts;
• 1% or 100 times the available margin for the “Platinum” accounts. |
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| Margin Call |
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If the margin used by the client (used margin) reaches more than 3X the value of the account (virtual balance), which means that the client is using a lever of more than 300, Realtime Forex's trading department will inform the client of the approaching risk. However, Realtime Forex will not take any measures on the clients account until the margin is below the closing level.
For example, the client buys EUR/USD 1Mio and the market falls. When the value of the clients account reaches 3'333 Euro (1Mio divided by 300), the client will be contacted by a trader concerning the situation. |
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| Close Position |
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If the margin used by the client (used margin) reaches more than 9X the value of the account (virtual balance), which means that the client is using a lever of more than 900, Realtime Forex will automatically and without any advance notice close all of the clients open positions.
For example, the client buys EUR/USD 1Mio and the market falls. When the value of the clients account (virtual balance) reaches 1'111 Euro (1Mio divided by 900), all open positions will automatically be closed. |
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| Account closing |
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Clients can close their account at any time by sending a written request to Realtime Forex SA. Funds will be transferred, in most cases, within 48 hours of receiving the request. Funds will only be transferred to a bank account in the client's name. No third party transfers will be made. |
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| Applicable Law and Jurisdiction |
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All relationships between a Client and Realtime Forex SA shall be governed by Swiss law.
The place of performance, and the place of jurisdiction for any proceedings whatsoever, including for the Client domiciled abroad is GENEVA, Switzerland. Realtime Forex SA however reserves the right to take legal action before the court of the Client's domicile or before any other competent court, in which case Swiss law will still apply. |
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