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Live Forex Prices


symbol

GBPUSD 1.49027
USDJPY 90.306
EURUSD 1.35874
USDSGD 1.4004
AUDUSD 0.91592
AUDNZD 1.29766
AUDJPY 82.720
EURAUD 1.48380
EURJPY 122.706
EURGBP 0.91186
EURNZD 1.92520
bid

 

  Oil

WSD launches Crude Oil.

You can now trade Oil: WTICrude Oil

1. 1% Margin
2. 5 cent spreads
3. 1pt = $10

 

Oil is offered as a CFD contract. For further details please look under CFD or click here


 

The roll over will be further explained by a couple of examples: -
Assumptions

Roll over Cost is $ 7: -
Settlement Price for current month is: 36
Next month price is: $ 44
Client Position is a buy position 1 lot at 37

Therefore: -

Example-1

Client position(long) +1 @ 37
WSD will create -1 @ 44 (based on EDSP prices)
This will result in a profit of usd 7000 for the account.
WSD will make cash adjustments to account by debiting usd 7000
to the account accordingly. WSD will then create
a buy position +1 @ 44(based on EDSP prices)for the account.

Example-2

Client position(short) -1 @ 37
WSD will create +1 @ 44 (based on EDSP prices)
This will result in a loss of usd 7000 for the account.
WSD will make cash adjustments to account by crediting usd
7000 to the account accordingly.
WSD will then
create a sell position -1 @ 44(based on EDSP prices) for the account.

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Disclaimer

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage often used in currency trading can work against investors. Due to the nature of leveraged products, investors can lose more than their initial deposit. The content of this website does not constitute a recommendation and consequently, investors should consider the information in light of their objectives, financial situation and needs before making any decision about whether to acquire any WSD financial products. For more information, please feel free to contact us at +64 96320132/9632100