WonderInterest Trading Ltd provides clients with the following types of instructions: Buy, Sell, Buy Limit, Sell Limit, Buy Stop, Sell Stop, Take Profit, Stop Loss, Trailing Stop.
Trading hours for forex, commodities, indices and stocks for MT5 can be found here.
The full list of available trading instruments along with the underlying asset and the exchange where they are actively traded for MT5 can be found here.
Wonderinterest Trading Ltd will automatically rollover clients’ open positions for commodities, indices and bonds to the next liquid contract before the current contract expires. A table of dates of the rollovers and expirations can be found here. Please note that this information is for indication purposes only and is subject to change due to either low liquidity or unforeseen changes by the exchanges. An explanation about the rollovers can be found here. During rollover, the existing Take Profit, Stop Loss, Buy/Sell Limit and/or Buy/Sell Stop orders will be cancelled 10 minutes before the expiration. You will not be able to open new positions 15 minutes before the expiration. Only close mode will be active.
Please note that in case of a rollover in an XS account the rollover will be automatically charged to your account by increasing or decreasing the swap.
It is limited to 30 days; then you have the option to switch to Live Account.
WonderInterest Trading Ltd provides its clients with the following:
Floating (typical) spreads; market conditions may cause spreads to widen or narrow beyond typical spreads
Wide range of instruments (forex, precious metals and CFDs)
Trading standard lots
Spreads from 3 pips for EUR/USD
Minimum entry deposit $250 as a bank transfer
Leverage up to 1:30
*Margin requirement for opening new positions will be calculated based on the new reduced leverage.
**As per CySEC’s Announcement published of 28th March 2018 in relation to the Press Release for the product intervention measures on CFDs, issued by the European Securities and Markets Authority (“ESMA”), the leverage limits on the opening of a position by a retail client should be 1:30. If you are able to bare and understand the risks involved in the trading on higher margin, you may request the change of your status to professional with higher level of leverage and your request will be reviewed.
They are charged at the end of each business day. They are triple on Wednesday. You can find them for MT5 here.
Clients are notified by the platform at 100% margin level that they are getting close to the automatic liquidation of their positions. Clients will only receive an automatic notification if they are logged in to the platform. Therefore, clients are advised to log in to the platform regularly and monitor the value of their assets and relevant notifications. Clients are also notified that when their margin falls below 50%, the platform will automatically close their positions.
The company guarantees that the maximum loss on clients' accounts will never exceed the available funds of clients in specific accounts. Thus clients' balances are never negative, so you never lose more than what you've already entered, even in the event of strong fluctuations. The wise risk management is performed by a professional staff of experts to ensure that you are not exposed to unnecessary risks.
Shares and cash indices reflect corporate events, so you will be entitled to a dividend payment if you have an open long position in the corresponding shares and if a short position is opened, you will be deducted a value equal to the dividend. If the dividend settlement relates to shares that you trade and whose positions were opened at the latest at the end of the day preceding the first day without the right to a dividend (so-called ex-dividend day), the company will apply the dividend settlement. In the case of CFD transactions relating to individual shares, the settlement of dividends will be used as follows:
Clients holding long equity positions (CFDs) will be credited with dividends based on ex-dividend settlement.
Clients holding short positions in individual shares (CFDs) will be deducted dividends based on ex-dividend settlement.
Please note that dividends may be subject to tax. The company may terminate or change the settlement of dividends, in particular on the basis of changes in the law, changes in the regulatory system, the tax rate or withholding tax requirements to the relevant tax administrator.
This is a fee of up to 89 EUR (or the equivalent in the chosen currency) or a lower balance on your account, which will be charged if the trading account is inactive or inactive for a period of 1 month, as defined in the Terms and Conditions.
The maintenance fee will be charged to accounts that meet the conditions above every month, beginning with the first month of inactivity (PDF).
The Portfolio Management Fee for holding physical shares will be charged in the form of a swap at the end of each trading day. It will triple on Wednesday. You can find the amount of the Portfolio Management fee here.
All transactions on Italian CFDs and ITA40 are subject to financial transaction tax (FTT). The tax is charged as a fixed fee related to the nominal value of the transaction, as set out below:
Up to EUR 2 500: 0.25 EUR
2 500 – 5 000 EUR: 0.5 EUR
5 000 – 10 000 EUR: 1 EUR
10 000 – 50 000 EUR: 5 EUR
50 000 – 100 000 EUR: 10 EUR
100 000 – 500 000 EUR: 50 EUR
500 000 – 1 000 000: 100 EUR
More than 1 000 000 EUR: 200 EUR
Our clients cannot lose more funds than they have in their accounts.