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Contract Specifications

Key Terms & Requirements

Spreads

Tronex offers a floating spread on all account types and asset classes. Hence, the spreads in the contract specifications table are the average spread based on the previous trading day. For live spreads, please refer to the trading platform. Please note that spreads may widen when the markets experience lower liquidity, including rollover time.

Dynamic leverage

Tronex offers dynamic leverage on most asset classes and account types. The leverage values in the contract specifications table are the maximum leverage for each trading instrument. The maximum leverage will change based on your net open positions. For more details about Dynamic Leverage, please click here.

Swaps

Tronex offers Swap long for keeping buy positions open overnight, and Swap short for keeping sell positions open overnight. Swaps occur at 23:59 Server Time each day, excluding the weekend, until the position is closed. Triple swaps are charged on Wednesdays to cover financing costs incurred over the weekend.

Charts vs market watch spreads

Tronex offers a variety of trading accounts to suit each trader’s needs and preferences. We offer accounts with raw pricing on which additional commissions are charged. Other account types have no commission but instead have mark-ups incorporated in the prices. By default, the chart in the MetaTrader trading platforms will display the raw pricing, while the market watch will display the pricing of the account type that the client is trading on.

Fixed leverage

Tronex offers fixed leverage on some asset classes and account types. In this case, the maximum leverage displayed in the contract specifications table will NOT change based on your net open positions. The fixed leverage applies to the following: – All asset classes on Cent & Micro account types – Futures, commodities, shares & cryptos (except BTC & ETH) on all account types.

Stop level

Tronex defines the stop level as the minimum distance (difference in pips) between the current market price and the pending order price. The stop level values in the contract specifications table are subject to change and may not be available for traders using certain high-frequency trading strategies or Expert Advisors.

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