Forex and

Home Trading Products Forex and Metals

Forex and Metals

Forex

is the currency of other countries that are generally traded around the world. This transaction is done by many parties; countries, institutions and individuals, whether for the purpose of foreign exchange reserves, international trade, hedging or also to take advantage of price differences. PT Didi Max Berjangka provides foreign exchange trading facilities through an alternative trading system (SPA) on the Exchange, enabling all parties to engage and conduct transactions with much smaller capital and very high liquidity levels.

The Forex market is the largest and most liquid market in the world. Forex trading can be done anytime, 24 hours a day. Monday to Friday. Starting from:

  • Australian Market (Sydney) at 05.00 - 14.00 WIB.
  • Then to the Asian market (Tokyo), namely Japan, Hong Kong & Singapore at 07.00 - 16.00 WIB.
  • Then to the European market of Germany and England (London) at 13:00 to 22:00 pm.
  • American Market (New York) at 20:00 to 05:00 (the next day).

Advatages

  • The largest market participants and transaction volumes around the world.
  • Liquidity is very high, the transaction is done within seconds.
  • The market is open for almost 24 hours every working day except Saturdays and Sundays.
  • The difference between the selling price and the purchase price (tight spread).
  • Selling currency can be done first without having to buy before (short sell).
  • Storage of buy-sell positions is not limited by time.
  • Capital transactions are only 1% of the contract value.
  • Online trading with Didimax Trader4 platform.

Illustration of Calculation​

Value of One Contract: 100,000 currencies, - / Lot

Profit / Loss Calculation:

You estimate the Euro will increase against USD and in the morning you buy EUR / USD at the price of 1.50000 as much as 2 lots. In the afternoon, the Euro strengthens and you liquidate the position at the price of 1.52000.

= (Selling price - purchase price) x Contract value x Amount of lot

= (1.52000 - 1.50000) x 100,000 x 2 lot = $ 4,000 *

* This calculation is illustrated and excludes commissions and interest, it can happen otherwise if the customer takes a position that is not in line with the price movement.

Gold (XAU/USD)

is one of the most popular commodities for the purpose of investment or investment. Investors usually buy gold to avoid inflation or as savings / investments in the event of economic, political, or social instability. The gold product is based on Loco London's physical market, traded on an alternative trading system (SPA), with a contract size of 100 troy ounces or 3,110.35 grams (3.1 kg), and does not require physical delivery.

Advantages

  • There are no transportation and storage costs
  • Standard contract; 100 troy ounce
  • Spread is very low
  • High liquidity, with speed of transaction execution in seconds.
  • Can short selling when bearish market
  • The market is open 24 hours on weekdays
  • The margins are very low, so ROI (Return on investment) can increase significantly
  • Performed online with Didimax Trader4 platform.

Illustration of Calculation

Value of One Contract: 100 troy ounce / lot

You expect gold to rise against the USD and buy XAU / USD at $ 1,200 for 2 lots in the morning. In the afternoon, the price of gold strengthens and you liquidate the position at the price of $ 1,215.

= (Selling price - purchase price) x Contract value x Amount of lot

= (1,215 - 1,200) x 100 x 2 = $ 3,000 *

* This calculation is illustrated and excludes commissions and interest, it can happen otherwise if the customer takes a position that is not in line with the price movement.

Silver (XAG/USD)

is another product whose popularity continues to increase throughout the year and Monex also offers it. silver products based on the international physical market, traded through an alternative trading system (SPA), with a contract size of 5,000 troy ounce, and does not require physical delivery.

Advantages

  • There are no transportation and storage costs
  • Standard contract; 5,000 troy ounce
  • Spread is very low
  • High liquidity, with speed of transaction execution in seconds.
  • Can short selling when bearish market
  • Long trading session close to 24 hours on weekdays
  • The margins are very low, so ROI (Return on investment) can increase significantly
  • Online trading with Didimax Trader4 platform.

Illustration of Calculation

Value of One Contract: 5,000 troy ounce / lot

You estimate the silver price will decrease against USD and sell XAG / USD at the price of $ 29.20 as much as 2 lots in the morning. At night, the price drops and you liquidate the position at the $ 28.60 price.

= (Selling price - purchase price) x Contract value x Amount of lot

= (29.20 - 28.60) x 5,000 x 2 = $ 6,000 *

* This calculation is illustrated and excludes commissions and interest, it can happen otherwise if the customer takes a position that is not in line with the price movement.