GOFX Micro Trading Accounts
Gold | Crude Oil | Forex
Direct On The Exchange
What is GOFX?
Product group of commodity and financial derivatives which are traded online directly on the Exchange
How are trades conducted?
All trades are done online using MetaTrader 5 (MT5) trading platform.
What can be traded?
Gold, Crude Oil, and Forex
Is there any leverage provided?
Yes. All trades are done on margin. Size of margin varies between 2-4%
Trading Mechanism for GOFX
All trades are done in the Indonesia Commodity & Derivatives Exchange (ICDX).
Multilateral Tradings
GOFX products are traded through multilateral mechanisms, similar to the mechanism in the Indonesian Stock Exchange (IDX)
Market Depths
For every traded product there will be market depths. You can gauge the demand and supply situations and plan accordingly
Products THAt can be Traded
FOREX
EUR/USDMic, AUD/USDMic, USD/JPYMic, GBP/USDMic, USD/CHFMic, NZD/USDMic, USD/CADMic
COMMODITIES
GOLDUD Mic, Crude Oil USD (COFU10 Mic) and Crude Oil Rupiah (COFR Mic)
Margin Trading and Leverage
Traders do not have to own the underlying assets of the products traded and only need to fulfill the required margin for each position. Size of the margin required is small and varies between 2-4% of the notional value of the products traded.
ACCOUNT TYPE
Micro trading accounts.
You can start trading with as little as Rp 500.000,-
Trading forex on margin carries a high level of risk, and not suitable for all investors.
The possibility exists that you could lose some or all of your initial investment.
NEVER INVEST MONEY YOU CANNOT AFFORD TO LOSE
Why Trade GOFX
Efficient
Trades are done using margin. So you do not have to put in the full investment. Thus enabling capital efficiency
Market Liquidity
The diverse number of buyers and sellers in ICDX, allows you to enter and exit trades with ease.
Mobile Trading
Trades can be done online via PC, Laptop and mobile. So you never miss an opportunity
Transparent
All trades are done through the exchange (ICDX). Information on the BID/ASK prices, volumes and their corresponding market depths are available on the trading platform.
Two-Way Tradings
Unlike stock tradings, with GOFX you can open a BUY position or SELL position just as easily. You can take advantage of price moving up and/or down.
Trading Rules Info and Contract Specifications
Detailed information about the products’ contract specification can be found at the following link
