UWCfx News - Margin Changes for MINIForex and REALForex

Dear Mr x,

We would like to inform you that as of 7 March 2011, margin requirements for locked positions on MINIForex and REALForex trading account types will change.

In accordance with the settled practice in the market, the margin for locked positions will be equal to 25% of the total margin of given orders. 

We recommend filling up your trading balance in advance, or closing at least part of the unprofitable orders to avoid closing your locked positions by stop-out. This is important because you should have enough funds for the maintenance of the margin level above 50% by the time the new margin conditions are introduced. 

To calculate the margin for each trading instrument, you can use our Trader’s Calculator.Margin Level = (Equity/Margin)*100% Margin consists of = 25% of margin of locked positions + margin of all other opened positions

Sincerely yours,
The United World Capital Team

Web: www.uwcfx.com
Phone: +357 25 750 555
Fax: +357 25 722 377

Margin Changes for MINIForex and REALForex

Dear Mr x,

We would like to inform you that as of 7 March 2011, margin requirements for locked positions on MINIForex and REALForex trading account types will change.

In accordance with the settled practice in the market, the margin for locked positions will be equal to 25% of the total margin of given orders. 

We recommend filling up your trading balance in advance, or closing at least part of the unprofitable orders to avoid closing your locked positions by stop-out. This is important because you should have enough funds for the maintenance of the margin level above 50% by the time the new margin conditions are introduced. 

To calculate the margin for each trading instrument, you can use our Trader’s Calculator.Margin Level = (Equity/Margin)*100% Margin consists of = 25% of margin of locked positions + margin of all other opened positions

Sincerely yours,
The United World Capital Team

Web: www.uwcfx.com
Phone: +357 25 750 555
Fax: +357 25 722 377

UWC news - Error in REALForex trading conditions

United World Capital Ltd.
Error in REALForex trading conditions


Dear Mr x,

We would like to inform you that due to a technical error today, REALForex trading conditions were incorrectly set up. Instead of margin call level 100 % and stop-out level 50 %, the details displayed were margin call level of 50 % and stop-out level 20 %.

Starting from 21 February 2011, margin call level and stop-out level values will be re-set to the correct values specified on our website at http://uwcfx.com/trading/account-types/index.html.

In case your current margin level is less than 50%, when the true conditions are set up (see link above), our system will start closing your losing orders starting from the most unprofitable one.

We highly recommend that you deposit more money into your account, or close the most losing position in order to prevent any such situations in future.

Thank you for your understanding.

Sincerely yours,
The United World Capital Team

Web: www.uwcfx.com
Phone: +357 25 750 555
Fax: +357 25 722 377

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KOSMO!

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starting at 1:20