Our values

Transparency

Being open with our clients and listening to their concerns makes us one of the most transparent Forex brokers in the market. We aim to provide the industry’s best customer service where feedback is turned into tangible results.

Technology and research

At EBH we are constantly looking to “sharpen the saw” – research and development is one of our biggest operations as we aim to expand our product offering to clients. The Forex industry is expanding at an ever increasing rate and our goal is to stay ahead of the curve, and the competition.

Trading environment

Our clients must feel as comfortable as possible when tackling the Forex market. The goal here then is to provide an environment that both respects the trader, by furnishing our account with some of the most competitive trading conditions on the market, and coupling that with rapid market execution to give our traders everything they need, and all in one place.

Common Knowledge

Common Knowledge

What are your Margin Call and Stop out Levels?

The margin call and stop out levels are the same for our MT4 and MT5 accounts. You will receive a margin call at 100% and you will be stopped out at 80%.
What this means is that when your equity falls to 100% of the margin required to hold your position, you will receive a warning, i.e. your position will be highlighted red in your MetaTrader platform. If the market continues to move against you and your equity eventually falls further to 80% of the required margin, you will be stopped out of your position. To prevent that from happening you have to either think about closing some of your positions or adding more funds to increase your equity.

EXAMPLE: Let’s assume that you have an open position of 1 lot on USDCHF with a Pro account and a leverage of 1:200. The margin will be 100000/200= USD 500. The margin call on Pro accounts occurs when your equity is at 100% of the margin. Therefore, as our equity becomes equal to our margin, we get a margin call. Furthermore, if your account equity continues to fall further and eventually reaches the point where it becomes equal to 80% of the required margin, your trade will be compulsorily closed (stopped out). Following our example, this will happen when your equity 500*80%=400USD.

Margin calculation

Here is the basic formula used to calculate margin: Margin=Trade Volume/Account Leverage. Please note that Trade Volume is calculated depending on the currency of your account. While calculating a trade volume, you need to take the Base currency into account. The Base Currency is the first in a currency pair.

EXAMPLE 1. Let’s assume that you have a trading account in USD with a leverage of 1:50, and you are going to open a 0.2 lot trade on USDCHF currency pair. The required margin will be: Margin = Trade Volume/Account leverage=20 000 (0.2 lot)/50(our leverage)=400USD.

EXAMPLE 2. Now let’s assume that you have a trading account in USD with a leverage of 1:200 and you are going to buy 0.5 lot of the EURUSD currency pair. Given that the current EURUSD exchange rate is 1.3200, the required margin will be: Margin=Trading Volume/Account Leverage=50 000*1.32/200=330USD. In this example we have bought 0.5 lots of EUR, but our account is in USD, that is why we have converted the amount of our trade back to USD – according to the current exchange rate.

ECN commission

Please note that the calculation of the ECN commission is based upon the volume in USD. All trades on ECN accounts are subject to a commission of 3.5 USD per notional trading amount of 100,000 USD. In other words the total amount of commission for a round-turn lot will be 7 USD.

EXAMPLE 1. Let’s assume that you are going to execute a trade of 1 lot size on USDCHF. Considering that 1 lot on USDCHF is equal to 100,000 USD (which is equal to one Standard Lot), the commission will be 7 USD: ECN commission=7*Trade Volume/100 000=7*100 000/100 000=7 USD.

EXAMPLE 2. A trade of 0.5 lot on EURUSD at the exchange rate of 1.3200 will be subject to a commission of 4.62 USD. Since our base currency is EUR and not USD, we will need to convert it to USD by multiplying our lot size by the current exchange rate: ECN Commission=7*Trade Volume in USD/100 000=7*50 000*1.32/100 000 = 4.62 USD. In the example above EUR is the base currency, so 50,000 EUR will be equal to 50,000*1.32=66,000 USD.

Mobile trading

MT5 now available
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Company news

25/04/2018Additional changes to Client Agreement
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