Dear valued clients,
Please be advised that we have received numerous inquiry from clients in regards to the newly established broker – Fintech, which the company is in relations with Odin Management. This announcement is to announce that Odin Management has no business corporation with Fintech and therefore Odin Management will not be responsible for any matters in regards to Fintech.
If you have any queries or request, please do not hesitate to contact us, we are most happy to assist.
Odin Management Customer Support Team
|Trading Platform||MetaTrader 4|
|Financial Instruments||28 currency pairs, gold, silver.See the full list of instruments.|
|Pricing Format||5th decimal pricing (0.12345)|
|Spreads||** Dynamic. The minimum spread for all pairs from 0.7 pips. See the list of spreads for all pairs.|
|Commissions||No commissions to open/close a trade.|
|Open Positions Rollover||See the list of SWAPS for all pairs|
|Minimum Transaction Size||0.1 lot (1K)|
|Maximum Transaction Size||100 lot（10,000K)|
|Open Trades Max||Up to 100 trades open at the same time|
|Leverage||1 : 100|
|Margin Call||60%：warning level, appears when ratio of funds to pledge becomes lower than allowed value. In this case dealer has a right (but not obliged) to close one or several client's positions according to market conditions.|
|Stop Out||30% ：liquidation level, appears when ratio of funds to pledge becomes lower than allowed value. In this case dealer is obliged to close one or several client's positions in order to avoid negative balance on the account.|
|News Trading||With limitations.|
* Five hour before market closing margin call/stop out levels can be increased up to 200%. Please be careful with positions that you leave for weekend.
* Level of limit and stop orders means minimal interval between current price and pending order level (in points). Inside the interval Take-Profit, Stop-Loss and pending orders can't be placed. When placing orders within the range, server will give an error message and won't accept the order. Limit and stop orders level is equal to 3-7 times spread.
* Due to increased market volatility, from January 1, 2012, on 'Micro' accounts spread for some pairs can be raised during important economic and political News.
* Placing, modifying or deleting pending Buy Stop and Sell Stop orders (including opposite Stop orders) is not permitted during Freeze Time (immediately before, during and some time after a news release).