FX Micro		FX Classic		FX Pro
Trading platform		MetaTrader 4 MetaTrader 4 Mobile Voice trading		MetaTrader 4 MetaTrader 4 Mobile Voice trading		MetaTrader 4 MetaTrader 4 Mobile Voice trading
Deposit		From USD 10 to USD 2'000		From USD 500		From USD 1'000
Base account currency		EUR USD		EUR USD		EUR USD
Instruments		Currency pairs: 90 Precious metals: gold, silver		Currency pairs: 90 Precious metals: gold, silver		Currency pairs: 90 Precious metals: gold, silver
Spread		floating from 0 pips		floating from 0 pips		floating from 0 pips
Commission fee		none		none		USD 25.00 for 1 million USD
Leverage / Margin		up to 1:100 / from 1%		up to 1:100 / from 1%		up to 1:100 / from 1%
Minimum price step for forex market		0.1 pips		0.1 pips		0.1 pips
Minimum price step for precious metals		for gold: USD 0.01   for silver: USD 0.0025		for gold: USD 0.01   for silver: USD 0.0025		for gold: USD 0.01   for silver: USD 0.0025
Placing pending orders at any distance from the market price		yes		yes		yes
Minimum  deal size for FX trades		0.01 lot = 1'000 units of the base currency		0.01 lot = 1'000 units of the base currency		0.01 lot = 1'000 units of the base currency
Minimum  deal size for precious metals		for gold: 0.01 lot or 1 troy ounce against USD for silver: 0.01 lot or 50 troy ounces against USD		for gold: 0.01 lot or 1 troy ounce against USD for silver: 0.01 lot or 50 troy ounces against USD		for gold: 0.01 lot or 1 troy ounce against USD for silver: 0.01 lot or 50 troy ounces against USD
Automated trading		Trading advisors (Metratrader 4)		Trading advisors (Metratrader 4)		Trading advisors (Metratrader 4)
Hold opposite (hedging) positions		yes		yes		yes
Margin Call		30%		50%		50%
Margin Call non-professional clients		100%		100%		100%
Stop Out		10%		30%		30%
Stop Out non-professional clients		50%		50%		50%

There is no bank commission fee for FX Micro accounts deposits.

Once the financial instruments account equity reaches USD 2 000, your FX Micro account and all open positions are moved into FX Classic accounts group. Margin Call and Stop Loss levels will be automatically increased to FX Classic and FX Pro accounts levels, that is 50% and 30% respectively for professional investors and to 100% and 50% for retail investors.

Renesource Capital reserves the right to modify margin trading/ margin requirements. Under certain market conditions such as over the release of key economic figures, during periods of volatile market conditions and during illiquid trading hours or times (over market holidays etc.) – margin requirements may be widened.
For a complete and up-to-date overview please refer to our website or contact us for further information.Precious metals contracts specification

Metatrader 4 FX contracts specification

Last update / Applicable from 19.05.2020

Trading spread (the difference between the BID price and the ASK price of the base currency) is floating and may change depending on market conditions. In case of violent market fluctuations, trading spread may significantly differ and increase.

Collateral requirements may change depending on the open position size. The Company reserves the right to modify collateral requirements on its own (or counterparties’) discretion, placing the information about the changes on the Company website.

Commission fees of Renesource Capital are fixed and are included into trading spread (the difference between the bid price and the ask price of the currency) received from the company counterparties (liquidity providers). Fixed extra charge (mark-up) of Renesource Capital is included into FX Micro and FX Classic accounts spreads. It is the difference between FX Pro and FX Micro / FX Classic accounts spreads respectively. The Company mark-up is added to a spread received from Renesource Capital counterparties (liquidity providers) on FX Pro accounts. For FX trading on FX Pro accounts, where currency and precious metals transactions have lower spreads, Renesource Capital receives commission fees (according to the Price list). Mark-up on SWAP (rollover, TomNext) rates is 100% on FX Micro accounts, 90% on FX Classic accounts and 80% on FX Pro accounts.

Margin Call – a situation where the ratio of the financial instruments account balance or equity (determined by the Company) including unrealized gains/losses on open positions, to the collateral, becomes equal to or less than the established by the Company or Counterparty level, namely 50% (30% for Micro accounts) and 100% of the collateral required by the company, for professional clients and retail investors respectively. In an event of Margin Call, the Company has a right, but not an obligation to contact the Customer and require them to either replenish the collateral by depositing additional funds, or close out part or all of their open positions, within 48 hours after receiving the request or a notice on the trading platform. The Company reserves the right to establish or modify Margin Call level on its own discretion, placing the information about the changes on the Company website.

Stop Loss/Stop Out - happens when the ratio of the determined by the Company financial instruments account balance (“equity”), including unrealized gains/losses on open positions, to the collateral, becomes equal to or less than the established by the Company or Counterparty level, of 30% (for professional clients), 10% for professional clients on Micro accounts or 50% (for retail investors) of the collateral, required by the Company. In such a case, the Company has a right to decrease size of the Customer’s open position, fully or partially closing out those positions that create largest unrealized losses for the Customer. The Company reserves the right to establish or modify Stop Loss\Stop Out level on its own discretion, placing the information about the changes on the Company website.

The Company reserves the right to establish or modify Stop Loss\Stop Out level on its own discretion, placing the information about the changes on the Company website.

SWAP rate (Rollover, TomNext) – is a rate that depends on difference between interest rates in a currency pair or precious metal. These SWAP rates are determined by Firm’s Counterparty (Counterparties) and may be increased (decreased) by additional Renesource Capital mark-up (mark-down). For a rollover of a currency (FOREX) position or a precious metal (BULLION) position from Wednesday to Thursday, the interest rate is tripled because delivery on “SPOT + 2 business days” basis falls on Saturday and Sunday. However for EURRUB, USDRUB, USDCAD and USDTRY currency pairs triple SWAP/ Rollover is applied overnight from Thursday to Friday.   

The SWAP rates published on Renesource Capital are of indicative nature only, therefore the SWAP rates that are corresponding to actual market situation would be applied to Clients open positions.

Indicative rates published on corporate website are subject to review pending the actual rates executed after 5:00 pm NY time (9:00 pm GMT, 00:00 Riga time). The final executed SWAP rates may be materially different from the indicative rates available on corporate website and/or trading system. Indicative rates displayed are therefore not binding and are provided on a best endeavours basis.

Renesource Capital is acting in the capacity of a financial intermediary (agency broker) that executes client’s orders only. The Firm itself does not quote currency and bullion as well as SWAP rates. Quotes and rates are received from counterparties engaged into execution of client orders. Renesource Capital may recalculate and apply adjustment to the indicative rates (whether in the form of cash or rate adjustment based on actual rates withheld by counterparty), thus clients may suffer unexpected losses or gain additional profit.

Risk Warning

Trading foreign exchange, precious metals and/or contracts for difference on margin carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss in excess of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose.

Before deciding to trade products offered by Renesource Capital you should carefully consider your objectives, financial situation, needs and level of experience. You should be aware of all the risks associated with trading on margin. Please ensure that you are fully aware of the products and services as well as risks involved and refer to our Risk Warning. Renesource Capital provides general advice that does not take into account the particular investment objectives, financial conditions or needs of any individual. The information contained on this website does not constitute an opinion, recommendation or suggestion that any product, investment or strategy referenced may be suitable for you. Renesource Capital recommends you to seek independent financial, tax, legal and accounting advice from your own professional advisors, based upon your particular circumstances. Customer Agreement, Execution Policy and other information incl. information associated to risks and margin trading is available on corporate web site www.renesource.com and are important and should be reviewed prior to deciding whether to acquire, hold or dispose any of Renesource Capital products. Renesource Capital implements conservative and future-oriented risk management strategy.