Trading rules-Bohua technology

Contract introduction

Trading varieties	name
USD / EUR	USD / EUR	USD/EUR、USD/JPY It is usually called "direct offer", that is, the direct exchange rate between other currencies and the US dollar with the US dollar as the basic unit; It is also a "major currency pair".
USD / JPY	USD / JPY
EUR / CHF	EUR / CHF	EUR/CHF、EUR/AUD Commonly referred to as "cross market", that is, the exchange rate of two currencies other than the United States dollar is not linked to the United States dollar. It is important to note that there are more cross market variables, more difficult to grasp the trend, and the transaction risk will be greater than that of direct market.
EUR / AUD	Euro / Australia
XAUUSD	London gold / USD	XAUUSD、USOIL、BTCUSDT It's a different kind of "direct offer", which is the exchange rate between its unit dollar (US $1).
USOIL	New York crude oil / USD
BTCUSDT	Bitcoin / USD

Trading varieties

name
USD / EUR

USD / EUR
USD / JPY

USD / JPY
EUR / CHF

EUR / CHF
EUR / AUD

Euro / Australia
XAUUSD

London gold / USD
USOIL

New York crude oil / USD
BTCUSDT

Bitcoin / USD

USD/EUR、USD/JPY It is usually called "direct offer", that is, the direct exchange rate between other currencies and the US dollar with the US dollar as the basic unit; It is also a "major currency pair".

EUR/CHF、EUR/AUD Commonly referred to as "cross market", that is, the exchange rate of two currencies other than the United States dollar is not linked to the United States dollar. It is important to note that there are more cross market variables, more difficult to grasp the trend, and the transaction risk will be greater than that of direct market.

XAUUSD、USOIL、BTCUSDT It's a different kind of "direct offer", which is the exchange rate between its unit dollar (US $1).

Profit and loss calculation

Assuming that the customer opens a position to buy one hand at the price of 1.11434, and the EURUSD closes the position on the same day, and the closing price is 1.12460, the result of this transaction is as follows:

Profit and loss = (1.12460-1.11434) * 100000 * 1 = 1026 (US dollars)

Rules of interest collection

time interval

Interest collection
Interest collection

One day overnight interest
Tuesdays to Wednesdays

One day overnight interest
Wednesday to Thursday

3-day overnight interest*
Thursday to Friday

One day overnight interest
Friday to Saturday

One day overnight interest

*3-day overnight interest, including Saturday and Sunday overnight interest

Calculation method

When calculating the overnight interest in the market, if you still hold an EUR / USD position of 1 standard hand (1 standard hand = 100000 trading volume), your trading account will calculate the amount of overnight interest earned (or paid) according to the overnight interest quotation of the day.

e.g The quotation of overnight interest for the purchase and sale of eur/usd on the same day is -2.1/ -3, which means:

*Different varieties of overnight interest are not the same, please check the details on MT5, fee deduction time in the next day before opening.

*Avoid overnight interest: if you close all positions before calculating overnight interest on the same day, you will not pay or receive any overnight interest.

Violations

Bohua technologyIt supports customers to conduct ultra short-term transactions, but does not allow malicious arbitrage by using network delay and abnormal platform quotation. At the same time,Bohua technologyAny form of third-party operation is prohibited, including cash in, trading, etc. (the third party here refers to the third party except the customer and the platform, including the customer's family members and relatives). Once the above violations are found,Bohua technologyHave the right to terminate the agreement with the customer at any time, and deduct the profit obtained by the customer through the illegal behavior.