TSD margin accounts are characterized by the following conditions:

Account Size

USD 5,000 minimum opening balance.

Trading denominations

200,000 of the base currency = 1 lot.

Margin requirements

Standard FX Account: $2,000 per lot

Margin liquidation

Margin liquidation occurs automatically at 0.99%. Liquidation is 100% automatic (no dealer intervention, no margin calls). Trading accounts are therefore protected from a negative balance situation.

Commission

Low commission.

Keeping overnight positions

All positions held overnight are charged 1.00 USD per lot regardless of currency pair or orientation. There is no traditional overnight swap avoiding close of business liquidation and re-open often generating costly carry-over costs based on interest-rate differentials.

Customers can keep positions open as long as they like at virtually no cost. The added advantage of our simple 1.00 USD policy is that there is also no traditional 2 day value date making for extremely clear, simple, understandable and transparent transaction statements and equity runs. Our method of dealing with overnight positions is based on the synthetic (margin-trading) spot concept and is designed to assist the retail fx trader by removing onerous institutional methodology which tends to confuse and penalise everyone but the most professional of foreign exchnage dealers.

USD & EUR deposits

Accounts can be denominated both in USD and EUR.