Trading Facts
Trading Facility

HOURS

Summer time - The dealing desk is open at 08:00 AM on Monday and closes at 03:00 AM(GMT+8) on Saturday.

Winter time - The dealing desk is open at 08:00 AM and closes at 04:00 AM(GMT+8) on Saturday.

CURRENCIES TRADE

 

Euro / U.S. Dollar
Great Britain Pound / U.S. Dollar
U.S. Dollar / Japanese Yen
U.S. Dollar / Canadian Dollar
U.S. Dollar / Swiss Franc
Australian Dollar / U.S. Dollar

MARGIN

 

At LGL Forex and spot trading to be conducted on a highly leveraged basis. Unless the client specifies otherwise, LGL sets the leverage level at LGL's most lenient requirement. The requirements for leverage vary with trading instrument, in most cases, the requirements are set between 1 ~ 2% of the contract value.

Dealers constantly monitor the leverage levels of all accounts. Although LGL makes no guarantees, the dealing desk may attempt to contact clients whose accounts are near the minimum equity requirement for their open positions. Clients are fully responsible for monitoring the activity in their accounts.

In the event that an account exceeds its maximum allowable leverage, the dealer has the right and will liquidate all positions in the account. This liquidation of all positions will occur, regardless of the size or the nature of positions held within the account.