Forex

Is the currency of another country that is generally traded throughout the world. This transaction is carried out by many parties; countries, institutions and individuals, whether for foreign exchange reserves, international trade, hedging or also to take advantage of price differences. PT Didi Max Berjangka provides foreign currency trading facilities through an alternative trading system (SPA) at the Exchange, which allows all parties to get involved and make transactions with much smaller capital and very high levels of liquidity.

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 namely Germany and England (London) at 13.00 - 22.00 WIB.
• American Market (New York) at 20.00 - 05.00 (the next day).

Advantages

• Market participants and the largest transaction volume in the world.
• Very high liquidity, buying and selling transactions take place in seconds.
• The market is open for almost 24 hours every weekday except Saturday and Sunday.
• Thin difference between selling price and buying price (tight spread).
• Selling currencies can be done first without having to buy beforehand (short sell).
• The storage of buying and selling positions is not time-limited.
• Transaction capital is only 1% of the contract value.
• Online trading with the Didimax Trader 4 platform.

Illustration Calculation

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

Profit / Loss Calculation:

You expect the Euro will increase against the 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 1.52000.

= (Selling price - Buying price) x Contract value x Number of lots

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

* This calculation is an illustration and does not include commissions and interest, it can happen otherwise if the customer takes a position that is not in line with price movements.

Silver (XAG/USD)

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

Advantages

• There are no transportation and storage costs
• Standard contract; 5,000 troy ounces
• Very low spread
• High liquidity, with the speed of carrying out transactions in seconds.
• Can short selling when bearish market
• The market is open 24 hours on weekdays
• Very low margin, so that ROI (return on investment) can increase significantly
• Online trading with the Didimax Trader 4 platform.

Illustration Calculation

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

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

= (Selling price - Buying price) x Contract value x Number of lots

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

* This calculation is an illustration and does not include commissions and interest, it can happen otherwise if the customer takes a position that is not in line with price movements.