Also:
"If high leverages are used and markets are volatile, yes. However, if a position loses too much of its value and a leverage greater than 1 is used, it gets closed automatically. There are currently no "margin calls" or similar mechanisms on our platform. "
What the actual fuck is this supposed to mean. If a order is closed automatically, thats a margin call, unless im missing something?
"If high leverages are used and markets are volatile, yes. However, if a position loses too much of its value and a leverage greater than 1 is used, it gets closed automatically. There are currently no "margin calls" or similar mechanisms on our platform. "
What the actual fuck is this supposed to mean. If a order is closed automatically, thats a margin call, unless im missing something?
you should as this things in the 1briker thread, but i'll respond those.
"margin call" is the warning, "margin close" is the forced closing
"Currently all markets are closed on weekends and holidays. Some markets are also closed at night. However, placing orders is possible all the time. "
Does this apply to BTC/USD?
No, it's open 24/7
also what does it mean to long BTC with a leverage of 1 with an account denominated in BTC? That essentially just means longing BTC with a leverage of 2 assuming USD denomination?
sure. your cfd is leverged 1x and your real BTC, too (if you want to call it like that)
That's exactly the same when you trade a dolar pair on forex with a dolar dominated account
Also, how come BTC gets a 65.7% interest rate yearly? Is it because you are essentially leveraging x2? Even then, you're getting like 32.85% interest, wtf?
well it's a market maker, he makes the rules....it's a take it or leave it thing......
