Advantages ยป Account Advantages

Account Advantages

Flexible Trading Accounts

Goldenschild offers clients flexible accounts that can trade both standard lots and mini-lots.  The standard contract size for trading in the Forex market is 1.0 Standard Lot.  For example, 1.0 Standard Lot = 100,000 Unit Contracts of the base currency that is being traded.  In the case for the currency pair EUR/USD, the Euro is the base currency and 1.0 standard lot is 100,000 Euros.  A mini-lot is a tenth of a standard lot.  A mini-lot is 10,000 Unit Contracts of the base currency.  This enables Goldenschild to trade with smaller batches in the market allowing us to manage exposure risk in the most efficient and safest way possible.

Leveraged Accounts

All Goldenschild investment accounts are leveraged accounts of up to 100:1 in leverage.  (With 100:1 leverage, a $10,000 trading account effectively has $1,000,000 to invest in the markets).  A margin collateral of 1% is needed to open a trading position using leverage.  (Example: 1% of $1,000,000 is $1,000 - hence a margin requirement of $1,000 is needed to maintain an open trading position that is worth $1,000,000 in the markets).

Trading with leverage offers the possibility to increase the potential return on investments as well as increases the potential of losses.  When used in conjunction with a proven trading system and strict risk management parameters, leveraged trading could yield lucrative trading opportunities and consistent profits from the markets.

Islamic Accounts

At Goldenschild, we understand the importance of the Islamic religious belief that any business transaction in which one party has to pay or receive interest from another party is forbidden.  This is why Goldenschild offers specialized Islamic Accounts which are in compliance with the Islamic Sharia Law.

Our Islamic Accounts are Swap Free where absolutely no interest will be gained or incurred on trading positions held overnight.  Our Islamic Accounts also share all of the same benefits as our other trading accounts including no trading commissions, tight spreads, and fast and reliable executions.