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Free Demo
SNC Demo Account is free of charge and simple to download. It takes less than 5 minutes for you to set up our demo account and start trading demo dollars. Our demo account includes the same amount of indicators and chart periodicities as provided in our live accounts at no charge...
 
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Address:
46 Nelson Street,Suite F Quincy Massachusetts,02169,United States
Tel: +1 617 750 0710
Fax: +1 866 334 6512
 

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  Trading Platform

SNC Executioner is a very dynamic and reliable trading platform. It has been created to provide trade operations and technical analysis in real time mode, allowing flexible management of trading activities. As well as many technical indicators and line studies, SNC Executioner features built-in language for trade strategies programming. Using language, you can analyze the current situation in a particular market, make decisions, put pending orders, and open positions in on-line mode without your participation. Custom Indicators, just like technical ones, analyze the situation in a particular market an generate various trading signals.

SNC Executioner Key Features

◆    Various execution technologies: instant execution, request execution, and market execution

◆     Ability to generate account statement – each customer can track all his/her trades

◆     Trade analysis capability

◆     User guide included – all traders can from all trading capabilities can teach themselves

◆     Internal e-mail

◆     Confidentiality of all trading operations

◆     Real time data export via DDE protocol

 

◆     Multiple order types available: buy or sell limits and stops, stop-loss, take-profit, and trailing stops

◆     Free unlimited Trading Charts

◆     Automated trading capability through Expert Advisors

◆     Support of various timeframes (from 1 min to 1 month)

◆     Fully Customizable chart layout

◆     Printable charts

◆     Ability for programmable alert system

◆     Large number of technical indicators and line studies

◆     Leverage: from 1:1 to 200:1

◆     Margin is 0.5% of the contractual value

 



Rollovers 

In the spot Forex market, trades must be settled in two business days. It means that counter transactions encompassing the same currency pair, for the same amounts, settled on a spot basis, are needed where one transaction closes the position for the "old" value date, and simultaneously opens the position for the new value date. In this case the dealer may charge or pay interest to the client for these position rollovers. As a result funds are subtracted or added to the client's account with open positions. Whether a fee will be charged or a payment made depends upon the short-term interest rates in the countries of the currencies in the pair. For example, you sold 100,000 EUR/USD. It means that you effectively borrowed 100,000 Euro from the dealer against the current interest rate on Euro. You sold Euros and earned a corresponding amount in US dollars, which the dealer is now "holding" for you. The dealer pays you for the US dollars you placed with him at the current interest rate on US dollars. You pay the interest rate that currently can be earned on EUR investments. The difference between these payments is recorded in points on your account. A model schedule can be represented as follows:

 

 

 

 

LONG

SHORT

EUR/USD

-1.0005

0.1429

GBP/USD

-0.5258

0.2532

USD/JPY

0.3029

-2.1204

USD/CHF

0.2764

-1.9351

AUD/USD

0.0880

-0.6162

USD/CAD

0.0645

-0.4513

EUR/GBP

-0.6373

0.3068

EUR/CHF

0.1491

-1.0440

EUR/JPY

0.1989

-1.3923

GBP/JPY

0.6732

-2.0345

GBP/CHF

0.6184

-1.9376

USD/SEK

1.2667

-8.8669

EUR/AUD

-1.0500

0.5500

NZD/USD

0.1557

-1.0902

EUR/CAD

0.0903

-0.6324

USD/DKK

0.3800

-1.8200

HKD/USD

0.1200

-0.5500

USD/ZAR

-10.4153

1.4879

USD/SGD

0.2340

-1.6379

USD/NOK

0.8106

-5.6740

CHF/JPY

0.0414

-0.2901



The figures indicated in the table stand for the difference between the short-term interest rates of the countries of the two currencies. The amount of the difference varies greatly based on the currency pair and the interest rate differential between the two countries.

The value date of transactions entered into on Wednesday will be the next Friday; therefore rollover pips will be multiplied by 3, as the weekend will be considered in the computation. That means that funds will be added to or deducted from the client's account in a lump sum on Thursday.