Trading basics
The mechanics worth understanding before you trade, explained with the conditions that apply to our accounts. Every figure below is a real condition, not an example.
What leverage is
How much you can trade against your margin, and what actually changes when you raise the ratio.
Read→What zero cut is
What happens when a balance goes negative, and how it differs from a margin call.
Read→Spreads and commission
The round-trip cost, and why quoted spreads alone do not compare account types.
Read→Lots and units
How many units a lot is, what one pip is worth, and how the account types differ.
Read→Margin level and stop-out
The calculation, what happens below 30%, and the two ways to raise the level.
Read→What swap is
The interest adjustment on positions held overnight, and when it starts to matter.
Read→Order types
Market, limit and stop orders, and placing a stop and a target in advance.
Read→Placing an order in MT5
From login to an order with a stop and a target, through to the close.
Read→Glossary
Pips, lots, margin level and the rest, defined against our actual conditions.
Read→Getting started is simple
Opening an account is free and the application is completed online in 3 to 5 minutes.
Foreign exchange trading carries the risk of losing your invested capital, and higher leverage increases that risk. Please consider the risks carefully and trade only within a range of loss you can bear.
Past performance neither indicates nor guarantees future results.
This website is not directed at residents of Japan. AXIA PHOENIX FINE PROJECT does not provide services to residents of certain jurisdictions, including the United States, Afghanistan, Belarus, Burma, the Central African Republic, Congo, Cuba, Egypt, Guinea, Iraq, Iran, Lebanon, Libya, Mauritius, North Korea, Pakistan, Somalia, Sudan, Syria, Venezuela, Yemen and Zimbabwe.