There are several ways how to open the Order window:
You can press F9 hot key.

You can right-click the chart of the currency you want to Buy/Sell, and then choose New Order from the contextual menu.

You can right-click the Market Watch window on the currency you want to Buy/Sell, and then choose New Order from the context menu.

You can double-click the currency.

Overnight interest rates are different for each CFD. When you place an order, you can see the amount of the payment in the order window.

Please also refer to the trading conditions page for the overnight interest rate applied by LGtrading .

LGtrading offers hundreds of CFDs in multiple markets around the world, so you can invest 24 hours on weekdays.

During winter time in Europe and North America, weekly activities usually begin at 22:00 GMT Sunday and end at 22:00 Friday. During the daylight saving time of the region, weekly market activities begin at 21:00 GMT Sunday and end at 21:00 Friday. Market hours are subject to change due to holidays and unusual liquidity caused by worldwide events. Trading hours may also be changed by LGtrading at the discretion of liquidity and risk management.

Most currency pairs can be traded 24 hours a week, but stocks, indices, commodities and some currency pairs have individual trading hours. For details on trading hours for each stock, please refer to the trading conditions page.

In order to make a transaction, you need available funds in your account. This money is the “margin available” and acts as a collateral against possible losses.

When increasing the contract amount by ordering or closing a new position in the account, the “Available Margin” will be reduced and the “Margin Used” will be increased.

The value of these margins is derived from the size of the contract amount (transaction size) and the required margin maintenance rate of the assets related to the transaction.

The required margin maintenance rate reflects the potential risk of a position based on volatility, liquidity and availability of price supply.

Available margin can be confirmed on all transaction screens. On the web version of the transaction screen, the available margin is displayed in the finance summary column on the right side of the page.

Click the arrow icon to open a window with more details on your margin status.

On the mobile version of the trading screen, the available margin is displayed in the account details status bar at the top of the screen.

Definition

Margin Usage

Amount separately stored for holding open positions. Margin usage serves as a security for the contract amount of each issue, and in principle, it is locked until the contract amount is exhausted. Once the order is fulfilled, the required margin is deducted from the available margin until the contract is exhausted. Margin requirements are also called margin requirements.

Margin usage is calculated according to the required margin maintenance rate, and the calculation can be displayed on the transaction screen.

Available Margin

The amount of funds available for executing new orders and increasing contract amounts. Margin calls occur (for most brokers) when available margin falls below zero because available margin acts as a collateral against losses. The available margin is calculated by subtracting the available margin from the effective holding amount.

Margin Available = Total Available Equity – Margin Commitment Coverage Percentage of commitments covered by the funds. The contract coverage is calculated by dividing the total effective holding amount by the contract amount.

Contract amount coverage rate = total effective holding amount ÷ contract amount usage margin rate This is the usage rate of available margin. The margin requirement is calculated by dividing the margin requirement by the total effective holding amount. The higher this is, the higher the risk and the more likely the position will be closed due to lack of margin. If the margin usage rate is 100% or more, it means that all available holdings are being used as margin and there is no margin available to increase the contract amount.

Margin usage rate = Margin usage / Total effective holding amount

The following account has 5 open positions.

Buy gold (gold / usd) 100 oz, rate 1281.60 (-$ 128,160)

Gold (Gold / USD) Sell 20 oz, Rate 1281.10 (+ $ 25,622)

Buy EUR / USD 100,000 EUR, rate 1.3109 (-$ 131,090) Sell ​​USD / JPY 100,000, rate 100.12 (-$ 100,000) United States 30 buy 10 deals, rate 15,445 (-$ 154,450)

In the gold position, the margin requirement is $ 256. This is calculated by multiplying the commitment amount of $ 102,538 (25,622-128,160) by 0.25%, which is the required margin maintenance rate during normal trading hours.

In the Euro / USD position, the margin requirement is $ 328. This is calculated by multiplying the contract amount 131,090 by 0.25%, which is the required margin maintenance rate during normal trading hours.

In the USD / JPY position, the margin requirement is $ 250. This is calculated by multiplying the commitment amount of 100,000 by 0.25%, which is the required margin maintenance rate during normal trading hours.

In the US 30 position, the margin requirement is $ 772. This is calculated by multiplying the contract amount of 154,450 by 0.50%, which is the required margin maintenance rate during normal trading hours.

The total margin requirement for all positions is $ 1606 (256 + 328 + 250 + 772). Available margin is $ 9,910. This is calculated by subtracting the Margin of Use ($ 1,606) from the Total Effective Holding ($ 11,516).

In this example, assuming a margin requirement of related assets of 0.25% (leverage 400x), the commitment amount can be increased up to $ 3,964,000.

During and after trading hours, the required margin maintenance rate for most stocks is increased (often by a factor of 2) and usage margins and available margins change accordingly. This affects the amount of room you can add to your trading account.

If your available margin is very small or negative, you may not be able to increase your contract amount in your trading account. In such a case, only orders that reduce the contract amount by closing the position or deducting both positions will be possible.

After the worsening of the subprime loan problem and the subsequent “Lehman Shock”, the world financial markets and exchange rates have been confused, and even in foreign exchange rates, the price movements have become extremely intense. In particular, if you carry over your position on the weekend and a big economic event occurs on Saturdays and Sundays, for example, the rate was 1 dollar = 103 yen at the time of closing on Friday, but 1 dollar = 100 yen at the start of Monday. At present, situations that are rarely seen, such as cracks, are expected.

As a result, some FX companies may incur losses more than the deposit margin, and there are cases in which investors may be required to deposit the losses. However, we have introduced a “loss-limited” and “no additional proof” service so that no matter how the exchange rate fluctuates, no more loss than the customer’s deposit margin will occur.

In the case of our company, as soon as the loss of your position exceeds the margin, we will settle the settlement, so even if the exchange rate fluctuates greatly over the weekend, more than your deposit margin no loss will occur. Please trade with confidence.