TRADING PRODUCTS

Account Comparisons
Trade over 100 CFD instruments across currency pairs, commodities and global indices with TradeMax Trading Account. Partnered with multiple liquidity providers and OneZero as our bridge, TradeMax aims to offer enhanced executions, deep liquidity and high stability at all times.
Contact us to see which account suits your trading needs
Rank Standard Premium Pro Raw Spread Account
Minimum Deposit $500 USD $25,000 USD $50,000 USD $100,000 USD
Leverage 1:400 1:400 1:200 1:200
Commission Charged NO NO NO Yes($7.00 USD/lot)
Dedicated Account Manager Yes Yes Yes Yes
VIP desk No No Yes Yes
Free VPS No No Yes Yes
MAMM Service No No Yes Yes
Dedicated Account Manager
We aim to ensure that all our clients enquiries are met in an accurate and timely manner. Each dedicated account managers are equipped to provide you with any assistance that you require, and communications are made in your preferred method, whether its face to face, over the phone, emails or any other messaging services.
VIP Desk
We understand that as your trading portfolio grows and your trading strategy becomes more complex, your need for trading conditions may also change. Our VIP desk is there to assist you in tailoring your trading account to meet your demands. Whether it be specific pairs going through to different liquidity providers of your choice, having direct API to our aggregator or integrating your own software through our IT support, or increasing top of book volumes for stable pricing on bigger orders, we are here to provide you with a solution.
VPS and MAMM service
Should you be a Money Manager or have trading software that requires your MT4 to run 24/5, we have VPS (Virtual Private Server) and MAMM facilities to assist you in running your fund smoothly.
What is forex?
Forex or Foreign Exchange market, is the world's largest financial market. Forex market has a daily turnover of over four trillion dollars a day, traded globally by many individuals and organizations. Unlike other financial markets like the ASX or the New York Stock Exchange, the forex market is considered an Over-the-Counter (OTC) or “Interbank” market. This means that the entire market is run electronically, within a network of banks, continuously over a 24-hour period.
What is forex trading?
Money is a core element of the foreign exchange market. Foreign currency trading is the act of simultaneously buying one currency whilst selling another, mainly for speculation. The value of the currency appreciates or depreciate towards one another as a result of variety of factors such as economic and geopolitical reasons. Unlike other financial markets, trading activity continues to happen 24 hours a day 5 day a week. This allows you to trade anytime that works best for you.
Why trade forex?
Majority of the people looking to invest in a financial instrument tends to first look into the stock market. But what about forex? Below are the table that illustrate the differences between the forex market and a stock market.
Strong Market liquidity
Foreign exchange market with a daily trading volume of over four trillion dollars, is the world's most liquid market. Daily trading volume in forex market is equivalent to one month's trading volume on Wall Street. Forex market operates day and night and attracts traders from all around the world. Raising funds in global stock markets are limited and the settlement time on stock market takes several business days whereas settlement takes place immediately when trading spot forex.
24 Hour 5 Day trading
Foreign exchange market runs 24 hours around the clock as opposed to the stock market that has set trading hours. The forex prices move with the international political situation, press releases of major central banks and various government economic reports. When traders in some areas (eg. Australia in Asian Session) finish trading for the day, others in the opposite side of the world (eg. European session or US Session) start their trading session ensuring that the forex market will remain liquid.
Forex can be profitable in both bullish or bearish market
The other disadvantage of investing in equity market is that a lot of exchanges/brokers do not allow investors and speculators to short sell. During economic recession, investors can only hold their shares as they watch the economy go through a downturn. You can long (buy) or short (sell) in forex trading which means that there are opportunities to be profitable during both economic upturn and downturn.
Using leverage
In the forex market, investors often have opportunity to use higher leverage than other market, such as stock market. By using leverage, investors could gain large portion of return with very low cost. However, this can work in both ways. High leverage could mean that the potential loss could also be greater.

So, how can one make money trading in the foreign exchange market?

In the forex market, you are buying or selling a currency. Placing a trade in the forex market is simple. The mechanics of a trade are very similar to those found in other markets such as the stock market or commodities market. You are anticipating that the price will change so that the value of the currency you bought will increase in value compared to the one you sold.

In forex, as you are essentially selling one currency to buy another currency simultaneously, they are always quoted as pairs. Therefore, currency exchange rates that you see when you go to the banks to exchange your currency before you travel, you’ll see the price of a nation’s currency in terms of another currency.

When starting out, you must learn to be familiar with what is happening around the world. The more knowledgeable you are, the better you will be able to manage your portfolio. Below are the most traded currency pairs in the forex market, known as major pairs. As they are the most heavily traded currencies in the market, they tend to have influence and determine the movement of other smaller pairs that are less frequently traded (eg, USD/SGD)

Most traded major currency pairs
Rank Currency pair % of daily volumn traded
1 EUR/USD 24.1%
2 USD/JPY 18.3%
3 GBP/USD 8.8%
4 AUD/USD 6.8%
5 USD/CAD 3.7%
6 USD/CHF 3.4%
7 EUR/JPY 2.8%
8 CNY/USD 2.1%
9 EUR/GBP 1.9%
10 NZD/USD 1.5%
Using Leverage

In forex, investors use leverage to profit from the fluctuations in exchange rates between two different countries. The leverage that is achievable in the forex market is one of the highest that investors can obtain. Leverage is a loan that is provided to an investor by the broker that is handling the investor's or trader's forex account. When a trader decides to trade in the forex market, he or she must first open a margin account with a forex broker. Usually, the amount of leverage provided is either 50:1, 100:1 or 200:1,depending on the broker and the size of the position that the investor is trading. what does this mean? A 50:1 leverage ratio means that the minimum margin requirement for the trader is 1/50 = 2%. A 100:1 ratio means that the trader is required to have at least 1/100 = 1% of the total value of trade available as cash in the trading account, and so on. Standard trading is done on 100,000 units of currency,so for a trade of this size, the leverage provided is usually 50:1 or 100:1. Leverage of 200:1 is usually used for positions of $50,000 or less.

When using leverage, it's important to use risk management techniques to limit losses. Many forms of risk management fall under the technical analysis umbrella. For example, stop-loss points may be set near support or resistance levels.

To trade $100,000 of currency, with a margin of 1%, an investor will only have to deposit $1,000 into his or her margin account. The leverage provided on a trade like this is 100:1. Leverage of this size is significantly larger than the 2:1 leverage commonly provided on equities and the 15:1 leverage provided in the futures market. Although 100:1 leverage may seem extremely risky, the risk is significantly less when you consider that currency prices usually change by less than 1% during intraday trading. If currencies fluctuated as much as equities, brokers would not be able to provide as much leverage.

Although the ability to earn significant profits by using leverage is substantial, leverage can also work against investors. For example, if the currency underlying one of your trades moves in the opposite direction of what you believed would happen,leverage will greatly amplify the potential losses. To avoid such a catastrophe, forex traders usually implement a strict trading style that includes the use of stop and limit orders.

Forex specifications
Contact (lot) size 100,000
Minimum tradable lot 0.01 lot
Minimum incremental lot 0.01 lot
Margin required 0.25%,0.5% or 1% of amount transacted
Nearest level from which orders can be placed 10 points
Profit and loss calculation Mark-to-market real time
Roll-over calculation Done daily and at prevailing market cost
Trading hours GMT Time:24 hour non-stop from Monday to Friday. Daylight saving hours apply.
Example of a Forex contract trade (EURUSD)
Day Profit/Loss
Day 1 Buy 1 lot EURUSD at 1.12855
Day 2 Sell 1 lot EURUSD at 1.13680
Profit / Loss $10 x 82.5 pips = USD 825.00
Swap USD 0.70
Net Profit / Loss USD 825.00 – USD 0.70 = USD 824.30

Commodities are basic goods that are often used in the production of other goods or services. Common examples of commodities include Gold, Silver, Natural Gas and oil. As there are numerous different suppliers in the market essentially producing the same product, an exchange such as Chicago Board of Trade acts as an intermediary to ensure that specified minimum standards of quality are met and contract sizes are standardized to simplify the trading process. Thus, the sales and purchase of commodities are mostly carried out through futures contracts on exchanges with standardized quantity and quality, making it a whole lot easier to track the price movement of a particular commodity.

TradeMax Group offers wide array of commodity CFDs that can be traded through our MT4 platform, allowing you access to these markets at your convenience no matter where you are in the world.

Gold

Gold has always been highly desired and valued by people since the early days of civilisation. Though the precious metal has ceased to service its purpose as a currency, due to its intrinsic qualities, they are still sort out by investors to hold in their portfolios.

Uses of gold in the financial market: -Central Bank Reserves and other financial organisations such as the International Monetary Fund (IMF) holds approximately 20% of world’s supply of above-ground gold as a reserve. -Hedge against a declining value of USD and rising inflation. -As a safe haven against economic and political uncertainty

TradeMax offers Gold (XAU/USD) as a spot commodity pair that can be traded based on the physical price and can be bought or sold at any point in time.

Silver

Silver is often referred to as a poor man’s gold. Due to its properties, they are widely used in jewelry, consumer products and in the medical field. Thus, the price movements of silver are heavily influenced by the demand and supply.

TradeMax offers Silver (XAG/USD) as a spot commodity pair and are traded in the same way that the gold is traded.

Instrument Code Name Trading Hours(Monday-Friday, Server time) Contract size per standard lot Maximum Leverage
XAUUSD Gold(against USD) Monday: 01:01-23:59 Tuesday-Thursday: 01:00-23:59 Friday: 01:00-23:45 100 Ounces 1:100
XAGUSD Silver (Against USD) Monday: 01:01-23:59 Tuesday-Thursday: 01:00-23:59 Friday: 01:00-23:45 1000 Ounces 1:100

The energy sector comprises of any material that supplies or produces energy like oil and natural gas that are a necessity in our modern society.

TradeMax offers both the spot market and the futures market

Instrument Code Underlying Market Trading Hours (Monday-Friday, Server time) Contract size per standard lot Maximum Leverage
XTIUSD West Texas Intermediate Crude Oil (Spot) WTI Monday-Thursday: 01:15-23:45 Friday: 01:15-23:30 100 Barrels 1:100 Spot
XBRUSD Brent Crude Oil (Spot) Monday-Thursday: 01:15-21:45 Friday: 01:15-21:30 100 Barrels 1:100 Spot
CRCUSD Light Sweet Crude Oil (Futures) WTI 01:15-21:45 100 Barrels 1:100 Futures
BCOUSD Brent Crude Oil (Futures) 03:15-23:45 100 Barrels 1:100 Futures

Indices

As it is difficult to track every individual security that trades around the global exchange, indices were designed to be broad measures of performance of an asset class or an exchange. There are many types of Indices such as Dow Jones Industrial Average (DJIA), S&P 500, FTSE 100 Index, with each index having variations on how they measure the changes.

Since index gives a general overview of a particular market, it can be helpful for traders or investors to gauge the performance of their individual portfolios, so that underperforming assets can be identified and adjusted to be in line with the general trend of the market. For example, if an index has been going up by approximately 5% in the last 12 months but your stock that is included in the index only went up by 2%, you would know that it has not been performing as well as some of the other companies in the market. [find chart that can show how different indices have performed over the last few years]

Stock indices provide an easy way to track the overall health of the economy. By looking at one statistical measurement, it is easy to gauge the current state of the economy. Further, the historical data of index movements and prices can provide some guidance to investors as to how the markets have reacted to certain situations in the past. This can allow for investors to make better decisions.

Key advantages of trading CFD Indices with TradeMax Groups

Trade with Flexibility With TradeMax CFDs, you will have access to multiple indices from various regions that you can easily monitor and follow. As opposed to trading in the stock market where you can only buy individual stocks, TradeMax gives you the flexibility of trading the overall trend/sentiment of a particular market whether it is a bull market or a bear market.

Lower Transaction Costs

When you wish to invest or trade in indices, you are normally required to trade through exchange traded index funds which can be quite expensive. With TradeMax CFDs, there will be no exchange or commission fees and you will be able to trade with only the spread being the cost.

Understanding Indices

Indices Example

Trading hours

Instrument Code Name Currency Trading Hours(Monday-Friday,Sever time) Contract size
AUS200 Australia 200 Index AUD 01:00-7:30, 8:10-23:00 1
US30 US 30 Index USD 01:00-22:15, 22:30-24:00 1
EUSTX50 Euro Stoxx 50 Index EUR 09:00-23:00 1
FRA40 France 40 Index EUR 09:00-23:00 1
GER30 German 30 Index EUR 09:00-23:00 1
HK50 Hong Kong Index HKD 03:15-06:00, 07:00-10:15 1
US500 US 500 Index USD 01:00-22:15, 22:30-24:00 1
UK100 UK 100 Index GBP 08:00-23:00 1
NAS100 US Tech 100 Index USD 01:00-22:15, 22:30-24:00 1
CHCUSD China A-Shares USD 03:00-10:30, 11:00-22:45 1
HSCHKD China H-Shares HKD 03:15-6:00, 07:00-10:30,11:15-17:15 1
SGCSGD MSCI Singapore SGD 02:30-11:10, 11:40-22:45 1