Trading Rules

Tradable Currency Pairs

Currency Pair Tick Size Trade Size per Lot Min. Limit per Order Max. Limit per Order

EUR / USD

0.00001 USD 10,000 EUR 10,000 EUR 10,000,000 EUR

USD / JPY

0.001 JPY 10,000 USD 10,000 USD 10,000,000 USD

EUR / JPY

0.001 JPY 10,000 EUR 10,000 EUR 10,000,000 EUR

GBP / USD

0.00001 USD 10,000 GBP 10,000 GBP 10,000,000 GBP

AUD / USD

0.00001 USD 10,000 AUD 10,000 AUD 10,000,000 AUD

NZD / USD

0.00001 USD 10,000 NZD 10,000 NZD 10,000,000 NZD

USD / CAD

0.00001 CAD 10,000 USD 10,000 USD 10,000,000 USD

GBP / JPY

0.001 JPY 10,000 GBP 10,000 GBP 10,000,000 GBP

AUD / JPY

0.001 JPY 10,000 AUD 10,000 AUD 10,000,000 AUD

NZD / JPY

0.001 JPY 10,000 NZD 10,000 NZD 10,000,000 NZD

CHF / JPY

0.001 JPY 10,000 CHF 10,000 CHF 10,000,000 CHF

CAD / JPY

0.001 JPY 10,000 CAD 10,000 CAD 10,000,000 CAD

USD / CHF

0.00001 CHF 10,000 USD 10,000 USD 10,000,000 USD

EUR / CHF

0.00001 CHF 10,000 EUR 10,000 EUR 10,000,000 EUR

GBP / CHF

0.00001 CHF 10,000 GBP 10,000 GBP 10,000,000 GBP

EUR / GBP

0.00001 GBP 10,000 EUR 10,000 EUR 10,000,000 EUR

Trading specifications above apply to both buy and sell orders

Market Hours

Trading Days Monday to Friday excluding new year holiday and over Christmas
Order Submission Hours 24 hours a day, 365 days a year*
*Subject to maintenance hours. No market orders will be accepted outside trading hours.
Trading Hours (GMT +8) New York Winter Time period Monday 6:00 a.m. to Saturday 6:00 a.m. (HKT)
New York Summer Time period Monday 6:00 a.m. to Saturday 5:00 a.m. (HKT)
There will be a daily trading break time for USD/CAD after each trading close from 6:00 a.m. to 6:02 a.m. HKT (5:00 a.m. to 5:02 a.m. during New York Summer Time period)
Trading Close In relation to each Trading Day, 6 a.m. Hong Kong Time
(or 5 a.m. Hong Kong Time, during New York Summer Time period)
Withdrawal Requests

Withdrawal requests are accepted 24 hours a day (except scheduled maintenance hours) through Z.com Trader Web.

Your withdrawal requests will be processed around 4:00 p.m. every business day (excluding Sat, Sun and Hong Kong public holidays).

Withdrawal maintenance hours:
4:00 p.m. to 5:00 p.m. every business day (excluding Sat, Sun and Hong Kong public holidays).

Scheduled Maintenance Hours Saturday 7:00 a.m. to 11:00 a.m.

Please note that:

  • All orders, trades and withdrawal requests are subject to scheduled maintenance hours.
  • Market hours will be subject to changes during Hong Kong and global bank holidays.

Fees & Commissions

Account Opening Fee NIL
Account Maintenance Fee NIL
Transaction Fee NIL
Deposit Bank Fee HSBC / BANK OF CHINA NIL
Other Banks Charges to be borne by clients
Cheque NIL
Withdrawal Bank Fee Online Trading Platform NIL
Written Withdrawal Request For withdrawal to overseas banks, all bank charges will be borne by the client.
Auto-Closeout Fee NIL

Margin Rules

Settlement Currency HKD only
Minimum Initial Deposit NIL
Required Margin

5% of currency contract value (in HKD)

Maximum Leverage 20 times
Margin Call

When account equity falls below 3% of open positions value (i.e., 60% of margin ratio) in HKD at any time during the trading day, a margin call will be issued to the client by email and by the trading platform.

You will be required to meet the margin call as soon as possible after margin call has been issued.

Required Additional Margin: Net equity less required margin.

Ways to meet margin call:
・ Add cleared funds to the account; or
・ Reduce or close existing positions to bring your account net equity back above the initial (i.e., required) margin level.

How to determine whether insufficient margin has been cleared after reducing your open positions:
Closed units x MTM rate x 3% + realised P/L

Auto-Closeout

Our system monitors all clients' trading account every 30 seconds or longer. Auto-Closeout process will be triggered if client's net equity falls below 1% of open position value (i.e., 20% margin ratio) in HKD at the checking point. This process is not to guarantee that client's position is liquidified as near as the 1% line and the client could fall into a negative balance in the extreme market situation.

Once Auto-Closeout has been triggered, all pending orders will be cancelled and all outstanding positions will be liquidated.

Order Features

Forex Quotes 2 way pricing – Sell and Buy
Trading Platforms

Z.com Trader Web
Z.com Trader Mobile for iPhone
Z.com Trader Mobile for Android

Our operators will not accept any orders via phone or other means except for system and / or internet failure.

Order Types

One-Click Order / Market Order/ Limit Order/ Stop Order/ IFD / OCO / IFD-OCO

“Market Order” means the type of order that is executed immediately at prevalent market rates when placed. The executed price may differ from the order price due to market fluctuation.
(To prevent the executed price from slipping too far from your intended price, you may use the “Slippage” function to specify the maximum slippage allowed.)

Expiry Types Day (Till Trading Close)
Good-Till-Friday (Till Friday’s Trading Close)
Good-Till-Cancelled (GTC)
Good-Till-Date (GTD)
Hedging

This is an optional feature.

Although it is a convenient feature to enter hedged trades at the same time, we do not recommend the usage of the feature to our users.You should be aware of the various factors that could affect your account balance as a result of executing such hedged trades:

-Possible negative spread (i.e., rollover charges may be higher than rollover accruals) if hedged positions are held overnight; or

-You will be subject to twice the usual trading cost when closing these hedged trades.

You will only be required to hold one set of Margin for hedging trades, with this amount being the greater of the two hedging position's Required Margin.
There must be sufficient Margin in your trading account in order to open the hedging position.

It will be your responsibility to continually monitor your positions and Z.com Forex will be not liable for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of this feature.

Order Conditions Trading Units per Order Minimum 10,000 Units
Maximum 10,000,000 Units
Order Units per Day Minimum NIL
Maximum 100,000,000 Units
(including pending orders)
Maximum Position Limit Maximum 10,000,000 / 20,000,000 / 50,000,000 Units
This may differ from client to client.
Deposit & Withdrawal in non-HKD currencies Not Applicable
Cash-on-Delivery (Physical Settlement) Not Applicable

Profit / Loss & Rollover

Rollover

Realised amount will be credited or debited to or from account balance and Available Margin at Trading Close.

The Realised amount will be settled (i.e., credited to or debited from the cash balance) at Trading Close on the next business day (T+1).

Profit / Loss Settlement At Trading Close on the 3rd business day (T+2) from the date on which the trade was closed.