Swaps
Quite simply, swaps are an overnight interest charge that traders must pay to hold a position open overnight. We’ve taken every step to ensure that we offer competitive swap rates to our traders. Check our swaps from
here
Commissions
Continuing the theme of optimal trading conditions, we’ve ensured that our commission structure is exceptionally competitive.
|
Classic Account |
Premium Account |
Elite Account |
| MINIMUM DEPOSIT |
$250 |
$2500
|
$25000 |
| SPREADS FROM |
1.2 pips |
0.4 pips |
0.0 pips |
| COMMISIONS (PER SIDE) |
$0 |
$3.5 |
$2.5 |
Margin
Margin is the amount of money required to open and maintain a trading position. It is used to leverage trades, representing a portion of the total position size.
Spread
Spread is the difference between the buying (ask) and selling (bid) prices of a currency pair. It represents the broker’s fee for facilitating the trade.
Pip
A pip, or percentage in point, is a standardized unit of movement in the exchange rate between two currencies. It is typically the smallest price move that can be observed in the exchange rate.
Take Profit
Take Profit is a predetermined price level at which a trader decides to close a position to secure profits automatically.
Stop Loss
Stop Loss is a predetermined price level at which a trader decides to close a losing position to limit potential losses.
Pending Orders
Pending orders are instructions to execute a trade once the market reaches a specified price level. This includes Buy Stop, Sell Stop, Buy Limit, and Sell Limit orders.
Free Margin
Free Margin is the amount of funds available in a trading account that can be used to open new positions.
Margin Call
A Margin Call occurs when a trader’s account equity falls below the required margin level 100%, prompting the broker to request additional funds or automatically close positions.
Expert Advisors
Brisk Markets allows clients to use Expert Advisors with respect of its Terms and Conditions and Policies , Expert Advisors (EAs) are automated trading systems or algorithms that can execute trades on behalf of traders based on predefined criteria.
Trailing Stop
A Trailing Stop is a dynamic stop-loss order that adjusts as the market price moves in the trader’s favor, helping to lock in profits while allowing room for potential gains.
Risk Management
Risk Management involves strategies and techniques employed by traders to control and minimize potential losses, including the use of stop-loss orders, position sizing, and diversification.
Metals Trading
Metals Trading involves the buying and selling of precious metals like gold and silver in the financial markets.
Indices Trading
Indices Trading involves trading contracts based on the performance of stock market indices, representing the overall value of a specific market or sector.
Oil Trading
Oil Trading involves the buying and selling of contracts related to crude oil and other petroleum products in the financial markets.
Swap Free / Islamic Account
Swap Free/Islamic accounts are tailored for Muslim clients in the forex trading industry. These accounts are designed to accommodate individuals whose religious beliefs prohibit the payment or receipt of interest, known as swaps.
Clients must provide sufficient proof of their religion to qualify for a Swap Free/Islamic account. In the absence of adequate verification, Brisk Markets will proceed with opening a regular Swap Account, subjecting the client to standard swap fees.
Clients are reminded that any misuse of the Swap Free facility, such as holding floating positions for extended periods to avoid swap fees, is strictly prohibited. In such cases, clients must promptly close their floating positions, as swap fees are the responsibility of Brisk Markets, not the client.
Additionally, hedging a spot currency with its corresponding Future contract is forbidden, as it constitutes an attempt to exploit the swap-free facility for profit. In such instances, one direction of the hedge must be closed immediately.
Moreover, certain instruments may incur Storage Fees on a daily basis, as outlined
Here
