When opening a trading position, a certain sum (Deposit Margin) is reserved on the account. The Deposit Margin depends on the size of the open position as well as the size of the credit leverage and is equivalent to:

• FOREX – 1% of the size of the contract
  
• Gold, silver, platinum and palladium – 2% of the size of the contract
• CFD stocks - from 5% to 20% of the size of the contract (depending on the stock exhange)
  
• Primary goods futures – for each futures contract a fixed Deposit Margin is established in the range of 5 – 15% of the size of the contract.

MRC reserves the right to alter the Margin Percentage at any time according to volatility and market conditions.

The key values to define the state of the trading account include:

• Assets = Balance + Sum of profits/losses for all open positions
• Used Margin = Sum of margin for all client’s open positions
• Free Margin = Assets – Used Margin.

Free Margin must be maintained on the level sufficient to cover the open positions. If Free Margin is insufficient, the following must be done:

• close part of open positions (reduce Used Margin)
• deposit additional funds on the account (increase Assets and Free Margin).

If at a certain moment the Free Margin drops below zero or percentage-wise drops lower than 100%, the client’s account will be automatically subject to Stop Out. After Stop Out occurs, the client’s positions will be sequentially closed starting from the least profitable until the value of Free Margin becomes positive.

Open positions can be forwarded to the next day by SWAP or Overnight. Calculation of SWAP pips per day is done every day at 23:59 GMT by re-opening of positions. OVERNIGHT is done every day upon completion of the trading session by re-opening of positions. The positions are re-opened at the closing prices without spread charging.

The positions that remained open for more than a day are forwarded to the next day at 00:00 by way of market SWAPs that can be either positive or negative depending on the refinancing rates and the interbank interest rates.

For forwarding positions on Wednesday night SWAP is charged at the threefold rate.

For forwarding open positions on CFD and futures contracts to the next day an Overnight charge is collected. The Overnight rate depends on the refinancing rate of the quoted currency of the stock exchange instrument and the trade closing price of this instrument on the quotation market.

For forwarding CFD and futures contracts positions from Friday to Monday Overnight is charged at the threefold rate.

Up to 7,75% per annum for deposits in RUB not used in trades (2.00% in USD, 1.50% in EUR, 2.00% in GBP, 1.00% in CHF, 0.50% in JPY, 5.00% in INR, 6.00% in CNY) will be accrued monthly. The accrual of interest is calculated on condition that a certain monthly volume of trading has been obtained on a group of Forex instruments depending on the size of your trading account deposit. The interest paid can be used in trading and/or withdrawn from the account in the usual manner. The interest rates can be changed in accordance with the changes to base rates of central banks. The amount of interest can be seen in the Account History section of the MRC- MetaTrader 4 platform on the last day of each month.

The sum of interest rate is transferred automatically onto each trading account on the last day of each month irrespective of meeting the abovementioned conditions. The compliance of trading with the conditions of annual interest accruing is checked at the performance of your next request to convert currencies and/or withdraw funds. If the condition is not fulfilled, the added annual interest sum is written off of the account with the comment "-IR" (interest rate) before the currency conversion or withdrawal of funds.

Indices

The RTS Index positions that remained open for more than a day are rolled over to the next day at 00:00 by way of market SWAPs that can be either positive or negative depending on the refinancing rates and the interbank interest rates.

For position rolled over on Wednesday night, SWAP is charged at the threefold rate.

With the deposit from 10 000 USD (or the equivalent in EUR, GBP) an additional purpose loan can be offered for trading in the financial markets with the MRC-MetaTrader 4 platform of a sum up to 200% of the deposit for a period of a year or more. Details

Automatic currency conversion takes place when an instrument used in the transaction is quoted in the currency different from the one in which the trading account was opened. Conversion is being done on the basis of the current currency rates.

In case of technical faults or unavailability of the trading platform, a real trading account owner can place a trading order by phone.

You will need to give the following information:

• login
• password
• trade instrument: name of the exchange symbol, name of the stock exchange if necessary;
  
• transaction: buy (long-term) or sell (short-term);
• number of lots.
  

While executing a trade order by phone, the time for making any open\close decisions is subject to 5 seconds.

Your trade order will be recorded automatically and regarded as a trade protocol. The time of the order acceptance will be the time when your call was completed. MRC guarantees that all trade orders will be executed instantaneously at the market prices available for the dealers. In case that at the time of the order acceptance the market would not have sufficient liquidity for instantaneous execution, MRC Corporation guarantees that the order will be executed at the first possible price after liquidity is restored.

You can:

• Open demo account
• Open trading account