Trading Info

Opening Positions

To initiate a position, from within the OffersFX trading platform display screen, click the desired "BUY" or "SELL".
Depending on which instrument you selected, you must complete the following:

Forex Purchase: Choose the number of basic units/lots that you want to Buy or Sell.

Shares or Stocks: Choose the number of shares that you want to Buy or Sell.

Contracts for Indices: Choose the number of contracts that you want to Buy or Sell, with each transaction representing a multiple USD, EUR (or other currency) value of the traded.

Contracts for Commodities: Choose the number of basic units/lots that you want to Buy or Sell.

(Optional) Stop Limit (Close at Profit Rate): Enter the Stop Limit amount that you want to sell/buy the instrument at, representing the maximum amount of profit that you desire to make. The supplied default value is usually 1 pip above/below your purchase/sales rate.

(Optional) Stop Loss (Close at Loss Rate): Enter the Stop Loss amount that you want to sell/buy the instrument at, representing the maximum amount of loss that you want to incur on your initial transaction. The supplied default value is usually 1 pip below/above your purchase/sales rate. Note that after a favourable rate movement, manually adjusting this stop/limit rate ("Edit Position")can ensure that profits are locked in.

(Optional) Limit Orders (Buy/Sell) when Rate is: Set your price to Buy/Sell the instrument when or if it meets your specified price. Set the Limit Rate by selecting the limit order check box (Buy/Sell when Rate is), enter your desired order rate (From current Rate) and click Buy/Sell.


Example of Opening a Position: You signed up and deposited $1,000 via credit card:

  • Balance: $1,000 (Deposits - Withdraws + P&L of closed positions).
  • P&L = $0 (total profit and loss of all open positions including Premium).
  • Available Balance: $1,000 (Balance + P&L of open positions - Initial Margins).
  • Equity: $1,000 (Balance + P&L of open positions).

1:00pm - you press ‘Buy' Gold which is trading at: (Sell $1,199.65/Buy $1,200.35) per ounce.

Your criteria:

  • Number of ounces: 10.
  • Close at Profit Rate: $1,250.
  • Close at Loss Rate: $1,150.
  • The total amount you bought is: 10*$1,200.35 = $12,003.50

The Maintenance Margin required to maintain the gold position is 0.3%: $36.01

  • P&L = 0. (Usually the spread of gold is 50–70 cents so you would have a P&L of -$7).
  • Available Balance after you bought gold is $939.99: $1,000 – [$12,003.50: 200].
  • Equity: $1,000 ($1,000 + $0).
  • 2:15pm - gold jumps to $1,250.
  • P&L +$496.50: (10*$1,250 - 10*$1,200.35).
  • Equity $1,496.50: ($1,000 + $496.50).

2:15pm - your Take Profit order executes and the position is closed. You made $496.50 on the transaction.
Equity: $1,496.50
P&L: 0 (no open positions).
Available Balance: $1,496.50

If at 2:15 pm gold slumps to $1,150:
P&L –$503.50: (10*$1,150 – 10*$1,200.35)
Equity $496.50 ($1,000 - $503.50).
P&L: 0 (no open positions).
Available Balance: $496.50.

Trading CFDs involves significant risk of loss. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 88.7% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.