Financial Instruments

Alnafay Capital INC. clients can trade in foreign currencies, metals, oil, natural gas, and indices in the underlying markets using CFDs (Contracts for Difference). CFDs allow trading on a variety of different financial markets and are popular Over-the-Counter (OTC) hence the differences in settlement (profits & losses) are made through cash payments whether for spot settlement on current market prices, or futures delivery and futures contracts trading.

Products Specifications:

All the following specifications are subject to change without prior notification due to different market conditions and also changes within the relevant exchange. However, all efforts are made to ensure a reasonable notification period is given. Alnafay Capital INC. does have good history in keeping spreads tight, margins low and offering transparent prices.

Trading Hours:

More Details:

(*) Margin Requirements:

For spot trading in CFDs (currencies, metals), the required margin to place and maintain 1 standard lot open position is 1,000 USD (on the default leverage 1-100), while on other leverage options it varies according to the account leverage.

When trading in futures contracts, a fixed amount (1,000 USD per each standard lot) will be held as margin for each contract regardless to the account leverage.

The held margin for a hedged position is the same for one open position of the same volume. For example, the held margin for 1 standard lot hedged position of Natural Gas futures contract is 1,000 USD.

(*) Pending Orders Distances:

The minimum allowed distance between the pending order price and the current market price at the time of placing the order (S/L, T/P, Buy Stop, Sell Stop, Buy Limit, and Sell Limit) is specified in the number of points (according to decimal digits). All those distances may widen during volatile market conditions and news releases,

(*) Delivery Details for CFD’s on Futures Contracts:

For all CFD’s on futures contracts, Alnafay Capital traders will receive a notification to close each contract around 2 days prior its delivery date.

* All the specifications above are subject to change without prior notification due to different market conditions and also changes within the relevant exchange. However, all efforts are made to ensure a reasonable notification period is given. Alnafay Capital does have good history in keeping spreads tight, margins low and offering transparent prices.