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Trading Policy

Ultimate offer

  • Low spread on all major currencies.
  • Very attractive spreads for all the other currency pairs.
  • Automated Execution.
  • No swaps; No commissions (except for futures).
  • Guaranteed orders.
  • Bank guaranteed accounts available.
  • Choose your leverage up to 1:100.
  • Customer Service supported by a team of professionals.
  • Easy to use efficient online trading system.
    • Advanced charting system.
    • Technical analysis tools.
    • Wide selection of indicators.
    • Sophisticated customization option.
  • Updated Technical and Fundamental Analysis.
  • Updated recommendations.
  • Instant Breaking News.

General Rules

  • All trading transactions are performed online through the trading platform.
  • By-phone trading is an option only in emergencies.
  • Any system failure may result into not executing the order according to your instructions or not executing the order at all.
  • Trading accounts are basic and not equipped with the following facilities:
    • Choice of Leverage (accounts are set by default to 1-100).
    • Expert Advisors.
    • Other facilities.

Any of the above facilities should be requested directly to our Support Department by email:forex@maccapitaladvisors.com.

Pending orders

  • All pending orders are guaranteed according to the fair market value.
  • All pending orders are good until Friday: i.e. sell/buy stops, sell/buy limits, stop loss and take profits orders, and contingent orders. All pending orders will be automatically canceled every Friday evening.
  • All pending orders must be placed at minimum 10 points away from the market price.
  • Once pending orders are in process, the system will reject any cancellation or modification attempted during that time.
  • Pending orders limitations may vary during hectic market conditions.

Scalping Rules

  • Definition: Scalping is a trading strategy through which one attempts to make many transactions on small price changes. (Average 7 pips or less over any 48 Hours trading period).
  • Scalping is allowed under the following conditions:
    • High pips spread.
    • Max leverage at 1:100.
    • Depending on how aggressive the scalper is, a commission or an increase in the spread may apply.
  • When this policy is applied to an account, the decision will then be final.

Execution

  • All orders are guaranteed according to the fair market value.
  • Execution is automated.
  • When a client clicks for a trade, the client makes a request according to the market watch price. If the requested price is a traded market price the trading system will confirm. Otherwise, if the price changed, the system will send an automated re-quote with the fair market value. The client will then have the choice to confirm or reject.
  • The company reserves the right to cancel and delete any transaction/pending order executed on an invalid price (directly executed or re quoted) without prior notice.
  • Spreads are fixed on the following products: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/CAD, USD/JPY, USD/CHF, EUR/GBP, GBP/JPY, EUR/JPY, EUR/CHF, GBP/CHF, EUR/AUD.
  • Market spread will be offered on all the other products for the duration of news releases and throughout hectic markets.

As the company sees fit, and in order to settle the cumulative foreign currencies positions, a settlement will apply to all accounts periodically. A previous notice in this regard will be sent through the trading system mailbox. Accordingly, any foreign currency position held at the end of a specific business day will be closed and re-opened the next business day. No charges will apply for the settlement.

Automation

  • In normal market conditions, full automation is guaranteed for transactions up to 300’000 USD.
  • In hectic market conditions, full automation is guaranteed for transactions up to 100’000 USD.
  • Important Notice:
    • In unusual conditions or emergencies, automation will be disabled!

Reporting trading errors:

  • When you wish to report a trading error, please send an email to forex@maccapitaladvisors.com, or call us directly.
    We will need the following information to be able to assist you in this regard:
    • Your name.
    • Your account number
    • Detailed enquiry description
    • Your ticket/s number if applicable
    • Your direct contact information
  • Any trading error on behalf of the client must be reported within 24 hours.
  • Any trading error coming from the company will be amended.

Liquidation of accounts:

  • At 50% margin level, THE COMAPNY will liquidate (close) all open position(s) including hedged positions.
  • At zero equity, THE COMAPNY will liquidate (close) all open position(s) including hedged positions.
  • Pending orders at liquidation level may not be deleted if there are sufficient margins on account to activate these orders.
  • Pending orders at liquidation level will be cancelled if there are no adequate margins on account to activate the orders.
  • THE COMAPNY will not allow any account to go into deficit. Should this occur, THE COMAPNY will adjust the balance to zero and THE COMAPNY will cover the difference.
  • Accounts may be liquidated according to the provisions within the customer trading agreement.

Leverage:

You can choose the leverage that best suits your investment needs. The company provides the following choices:

  • Full investment.
  • 1-50 (Secure investment).
  • 1-100 (Default investment choice).
  • 1-200 (Max leverage allowed with the highest possibility of return).

Basic trading accounts are by default set to 1-100 leverage. To change the leverage of your account, please send your request to forex@maccapitaladvisors.com.

Download the Leverage Change Form: Leverage Form

Expert Advisor

The Expert Advisor facility is activated only upon request. Expert Advisor can only be activated under the following conditions:

  • Non scalping clients.
  • Minimum Account of USD 2,000.
  • The client must use the EA in a reasonable manner. All EA users must not use the EA for frequent trading at news time. Users must understand that by using the EA frequently at news time they prevent other clients from executing a fair trade.
  • 1:100 Leverage accounts.

Funding and Withdrawal

  • Bank wiring instructions are only given to the client along with the account details and confirmation.
  • No third party payments are accepted!
    - Please keep in mind that The Company does not accept funds for any trading account via a third party. Restrictions on third party payments are set by banks and their respective authorities, which have developed extensive procedures, regulations, and laws to stop the transfer of illegal funds, commonly known as money laundering. In addition, it provides the client with the assurance that funds from his account are never paid out to another party.
  • Your trading account must be established for trading purposes only. The company is not a bank, nor does it keep deposits as a bank. The company keeps deposits only to maintain margins supporting the trading account and trading activities.
  • To make a deposit or to request a withdrawal, fill-in the related form and fax it or email it to us.forex@maccapitaladvisors.com
  • The company actively complies with all anti-money laundering laws and regulations under all applicable domestic laws. On an ongoing basis, we shall review your account activity for evidence of suspicious transactions that may be indicative of money laundering activities. This review may include surveillance of:
    • Money flows into and out of accounts.
    • The origin and destination of wire transfers.
    • Other activity outside the normal course of business.

Credit Card Payments:

  • Funding accounts by credit card is done directly from the company website.
  • Read the terms and conditions for credit card payments:
  • The name on the credit card must match the name of the client on the account with the company.
  • Any deposits that do not match the above description will be rejected. All fees that apply will be charged to the sender.
  • Due to regulatory requirements, The Company has the right to reject any credit card payments coming from high risk regions.
  • Deposits in other currencies than USD will be converted in USD at the inter bank exchange rates of the day.
  • The company does not charge any fees for online payments.
  • Your deposits by credit card are subject to the following fees:
    • The company: NONE
    • Credit card companies: YES
  • Withdrawals will only be credited by wire transfer to the client personal bank account that was submitted in the Customer Trading Agreement.

Wire Transfers:

  • The Deposit Form encloses the company’s bank information, according to which wire transfers will be made. Your account balance will be adjusted accordingly once we receive the funds.
  • Make sure the beneficiary of the transfer is The Company.
  • Include the following information as a reference in the transfer:
    • Your full name.
    • Your the company trading account number (Login).
  • Expect the transaction to take from 2 to 5 business days.
  • Withdrawals will only be credited by wire transfer to the client personal bank account that was submitted in the Customer Trading Agreement.
  • Your deposits and withdrawals transactions by wire transfer are subject to the following fees:
    • The company: NONE
    • Banks: YES

Bank fees vary from one transaction to another as each transaction is considered a different case. These variations are due to the following reasons:

  • Fees set by the remitter bank and the receiving bank varies from one bank to another.
  • The amount of the transaction.
  • The type of currency of the transaction.
  • If there is a need for an intermediate bank the cost will rise.
  • Any investigation costs of the transaction performed by the bank due to inaccuracy of the banking information provided by the client will be charged to the client account.
  • Any other fees that might be charged to the client transaction by the banks.

Validity of this Policy

  • The latest published version of this policy on the company website shall prevail.
  • These terms are an essential part of the customer trading agreement. Should any clause in the trading policy conflict with a Clause(s) in the customer trading agreement the clause herein shall prevail.

Important Notice:

  • No wire transfers are allowed before receiving official confirmation for opening the account.
  • In the event of any dispute arising regarding the customer account/s and/or any open or closed positions within customer account, THE COMAPNY has the right to internally investigate and audit this account/s including all open and closed transactions. Simultaneously, the account/s funds shall be frozen and no transactions will be allowed until the dispute is completely resolved.
  • THE COMAPNY grants no guarantees whatsoever to the client account and/or investment and/or funds.
  • THE COMAPNY has all rights to amend, change, delete, add, and modify spreads, fees, daily commissions, leverage, margin requirements, liquidation level (stop out level) and any offers for any accounts or any positions, at any time.
  • Furthermore, THE COMAPNY reserves the right to close any positions or accounts, at any time, without a prior notice.

 

  
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