Trading Products Conditions

  
Trading Services Trading Products Trading Products Conditions
The Company shall take all reasonable steps to obtain the best possible result for its clients taking into account the following factors
when executing Client orders against the Company’s quoted prices:


Price:

For any given Financial Instrument the Company will quote two prices: the higher price (ASK) at which the client can buy
(go long) that Financial Instrument, and the lower price (BID) at which the client can sell (go short) that Financial Instrument;
collectively they are referred to as the “Company’s price”. The difference between the lower and the higher price of a
given Financial Instrument is the spread.

Such orders as:

“Buy Limit”, “Buy Stop” and “Stop Loss”, “Take profit for opened short position” are executed at ASK price.

Such orders as:

“Sell Limit”, “Sell Stop” and Stop Loss”, “Take profit for opened long position” are executed at BID price.
 


Orders:

“Stop Loss”, “Take Profit”, “Buy Limit”, “Buy Stop”, “Sell Limit”, “Sell Stop” on Financial Instrument contracts are executed at
the declared by the Client price on the first current price touch.

But under certain trading conditions it may be impossible to execute orders (“Stop Loss”, “Take Profit”, “Buy Limit”, “Buy Stop”, “Sell Limit”,
“Sell Stop”) on any Financial Instrument contract at the declared price.

In this case the Company has the right to execute the order at a first available price. This may occur, for example, at times of rapid price
movement if the price rises or falls in one trading session to such an extent that under the rules of the relevant exchange, trading is suspended
or restricted. This may occur in the trading session start moments.
 


Margin Calls:

Clients must maintain the margin requirements at all times. If the Client's margin falls below the cut-off level, TFIFX has the right to 
close open positions.
 


Costs:

For opening a position in some types of Financial Instruments the Client may be required to pay commission or
financing fees. Please check CFD's Contracts Specifications.
 


Swap Points:

Swap is a debit or credit paid or earned as a reflection of the difference between the interest rates of the currencies involved in a
currency pair. Essentially, when a trader holds a position over night they are subject to the interest rates applicable to the
currency pair they are trading. 'Swap' is also commonly referred to as 'rollover rates'.

Viewing swap points can be done directly from your platform terminal and following these steps:

  1. Right click on 'Market Watch'
  2. Select 'Symbols'
  3. Select the currency pair
  4. Click 'properties' and then view swap rates for both long and short positions.

Market Impact:

Some factors may affect rapidly the price of the underlying financial instruments from which the quoted Company
price for its Financial Instruments is derived. The Company will take all reasonable steps to obtain the best possible
result for its Clients.
 

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Read Full Disclaimer
TFI Markets Ltd © 2020
Licenced under the Central Bank of Cyprus (Licence no.115.1.2.13/2018).
Authorised & Regulated by the CySEC (Licence no. CIF 117/10).