Index


CFD has always been one of the most popular investment products. HMLV uses the advanced MT4 trading platform to provide customers with highly competitive low differences and free and comprehensive market information. Let you easily and flexibly adjust your investment strategy according to the market situation.

Symbol Underlying Min. Movement Pip Cost (Native CCY) Min. No. of Order Max. No. of Order Margin Requirement Per Min. Trade Size Forced Liquidation Level Margin for locking position Min. Stop Distance (Points) New trading interval time   Trading Hours (Beijing Time) Break Time (Beijing Time)
HKG33 HSI 0.1 HKD1 1 50 1.5% of Open position value 20% of Initial Margin 50% of Initial Margin 2.5 At least 2 seconds   Everyday
09:15 - 00:45 (Next day)
Everyday
12:00 - 13:00;
16:30 - 17:15
NAS100 NAS100 0.1 USD 1 1 50 1.5% of Open position value 20% of Initial Margin 30% of Initial Margin 0.4  At least 2 seconds Summer Time
Mon 06:00-Sat 04:15
Winter Time
Mon 07:00 - Sat 05:15
Summer Time
Tue-Fri 4:15-6:00
Winter Time
Tue-Fri 5:15-7:00
SPX500 SPX500 0.1 USD 1 1 50 1.5% of Open position value 20% of Initial Margin 30% of Initial Margin 0.2  At least 2 seconds Summer Time
Mon 06:00-Sat 04:15
Winter Time
Mon 07:00 - Sat 05:15
Summer Time
Tue-Fri 4:15-6:00
Winter Time
Tue-Fri 5:15-7:00
US30 US30 0.1 USD 1 1 50 1.5% of Open position value 20% of Initial Margin 30% of Initial Margin 0.6 At least 2 seconds   Summer Time
Mon 06:00-Sat 04:15
Winter Time
Mon 07:00 - Sat 05:15
Summer Time
Tue-Fri 4:15-6:00
Winter Time
Tue-Fri 5:15-7:00
A50 A50 1 USD 1 1 20 1.5% of Open position value 20% of Initial Margin 50% of Initial Margin 5 At least 2 seconds   Mon
09:05 - 04:30
Tue - Sat
09:00 -04:30
Everyday
16:30 - 17:00;
04:30 - 09:00
AUS200 ASX 200 0.1 AUD1 1 50 1.5% of Open position value 20% of Initial Margin 50% of Initial Margin 0.7 At least 2 seconds   Summer Time Mon 06:50 - Sat 04:00
Winter Time Mon 07:50 - Sat 05:00
Summer Time Mon-Fri 13:30-14:10; 04:00-06:50
Winter Time Mon-Fri 14:30-15:10; 05:00-07:50


* Remarks: HMLV utilises a "lot-based" trading system. This simply means that all HMLV products are aggregated into standardized trade sizes. These sizes generally replicate the underlying reference instrument (cash instrument) or are a fraction of that figure. This simplifies trading by allowing clients to trade in lot increments, and also provides a price for each lot size rather than averaging open and close prices when multiple positions are taken in the same instrument. The lot size for all indices is in fact one contract (i.e., 1 US 30, 1 UK 100, etc). However, in order to effectively reflect the movement and profit/loss implications, HMLV has established a minimum/incremental trade size as detailed in the table above.

Based on 1:100 leverage.

All times are in current Japan Time. Please take note that trading hours may change during holidays. Clients will be informed of any changes by email.
Numbers listed in parenthesis refer to the spread when the underlying cash market is closed.
Please note that HMLV strives to provide traders with tight, competitive spreads; however, there may be instances when market conditions cause spreads to widen beyond the spreads displayed here. Additionally, spreads may not be applicable to Japanese-yen-denominated accounts or client accounts of introducing brokers. Certain currency pairs may not be available for all account types.
Please note that during volatile market conditions and periods of low liquidity, and around economic data releases, spreads may increase momentarily on affected currency pairs. Volatile market conditions can result in prices gapping, which may prevent the execution of the following orders (sell stop, buy stop, stop loss) at the requested stop price. The freeze level, limit / stop order will also depend on market situation to adjust at any time. We strive to execute all stop orders at the requested price, market conditions permitting.



Dividends

Dividend payments are applicable to most cash indices and will be applied as debit/credit along with the rollover to your open positions. Adjustments will apply on the eve of the ex-dividend date of the constituent members of the relevant Index. The adjustment will appear as a debit or credit cash entry. When an equity goes ex-dividend, the price of that equity theoretically decreases by the dividend amount. In practice, this does not always happen as there are many market forces affecting an equity price. The amount of points an index cash CFD drops by is dependent on the weighting of the equity within the index. If more than one constituent equity of an index CFD goes ex-dividend on the same day, the amount of points each equity will theoretically cause the sector or index to drop by is added together to calculate the total amount of dividend points or "drop points". HMLV will either collect or pay dividends on the hedge positions that we have entered into against client issued CFDs. Where an index is a Total Return Index, dividend payments will not be credited/debited.





Crude Oil

Symbol Underlying Min. Movement Pip Cost (Native CCY) Min. No. of Order Max. No. of Order Margin Requirement Per Min. Trade Size Forced Liquidation Level (USD) Min. Stop Distance (Points)  New trading interval time Trading Hours (Beijing Time) Break Time (Beijing Time)
USOIL-S Spot crude oil (US) 0.01 USD 1 1 200 1% of position opening 20 5 Pips  At least 2 seconds Summer Time Mon 06:00-Sat 04:45
Winter Time Mon 07:00 - Sat 05:45
Summer Time Tue-Fri 5:00-6:00
Winter Time Tue-Fri 6:00-7:00
UKOIL-S Spot crude oil (UK) 0.01 USD 1 1 200 1% of position opening 20 5 Pips At least 2 seconds   Summer Time Mon 06:00-Sat 04:45
Winter Time Mon 09:00-Sat 05:45
Summer Time Tue-Fri 5:00-8:00
Winter Time Tue-Fri 6:00-9:00


Remarks:

1. Please take note that trading hours may change during holidays. All announcements will be shown in the NEWS of our website.
2. Please note that HMLV strives to provide traders with tight, competitive spreads; however, there may be instances when market conditions cause spreads to widen beyond the spreads displayed here. Additionally, spreads may not be applicable to Japanese-yen-denominated accounts or client accounts of introducers. Certain currency pairs may not be available for all account types.
3. Please note that during volatile market conditions and periods of low liquidity, and around economic data releases, spreads may increase momentarily on affected currency pairs. Volatile market conditions can result in prices gapping, which may prevent the execution of the following orders (sell stop, buy stop, stop loss) at the requested stop price. The freeze level, limit / stop order will also depend on market situation to adjust at any time. We strive to execute all stop orders at the requested price, market conditions permitting.
4. If you keep a spot crude oil position open overnight (after the day end), we will make an interest adjustment to your account, to reflect the cost of funding your position. The interest adjustment is based on interbank funding rage. You can find the details in Trading Platform and Statements.



Natural  Gas


Symbol Underlying Min. Movement Pip Cost (Native CCY) Min. Trade Size Max. Lots per Trade Margin Requirement Per Min. Trade Size Forced Liquidation Level Margin for locking position Min. Stop Distance (Points)  New trading interval time Trading Hours (Beijing Time) Break Time (Beijing Time)
GASUSD Natural  Gas 0.001 USD 10 0.1 5 3% of Open position value 20% of Initial Margin 100% of Initial Margin 0.005 At least 2 seconds Summer Time Mon 06:05-Sat 04:45
Winter Time Mon 07:05-Sat 05:45
Summer Time Tue-Fri 04:45-06:05
Winter Time Tue-Fri 05:45-07:05






US Stock


Symbol Underlying Min. Movement Pip Cost (Native CCY) Min. Trade Size Max. Lots per Trade Margin Requirement Per Min. Trade Size Forced Liquidation Level Margin for locking position Min. Stop Distance (Points)  New trading interval time Trading Hours (Beijing Time) Break Time (Beijing Time)
AAPL.us Apple 0.01 USD 1 1 50 3% of Open position value 20% of Initial Margin 100% of Initial Margin 0.01 At least 2 seconds Summer Time Mon 21:31 - Sat 03:59
Winter Time Mon 22:31 - Sat 04:59
Summer Time Tue-Fri 03:59 - 21:31
Winter Time Tue-Fri 04:59 - 22:31
GOOGL.us Google 0.01 USD 1 1 50 3% of Open position value 20% of Initial Margin 100% of Initial Margin 0.01 At least 2 seconds Summer Time Mon 21:31 - Sat 03:59
Winter Time Mon 22:31 - Sat 04:59
Summer Time Tue-Fri 03:59 - 21:31
Winter Time Tue-Fri 04:59 - 22:31
AMZN.us Amazon 0.01 USD 1 1 50 3% of Open position value 20% of Initial Margin 100% of Initial Margin 0.01 At least 2 seconds Summer Time Mon 21:31 - Sat 03:59
Winter Time Mon 22:31 - Sat 04:59
Summer Time Tue-Fri 03:59 - 21:31
Winter Time Tue-Fri 04:59 - 22:31
NFLX.us Netflix 0.01 USD 1 1 50 3% of Open position value 20% of Initial Margin 100% of Initial Margin 0.01 At least 2 seconds Summer Time Mon 21:31 - Sat 03:59
Winter Time Mon 22:31 - Sat 04:59
Summer Time Tue-Fri 03:59 - 21:31
Winter Time Tue-Fri 04:59 - 22:31
FB.us Facebook 0.01 USD 1 1 50 3% of Open position value 20% of Initial Margin 100% of Initial Margin 0.01 At least 2 seconds Summer Time Mon 21:31 - Sat 03:59
Winter Time Mon 22:31 - Sat 04:59
Summer Time Tue-Fri 03:59 - 21:31
Winter Time Tue-Fri 04:59 - 22:31
NVDA.us Nvidia Corporation 0.01 USD 1 1 50 3% of Open position value 20% of Initial Margin 100% of Initial Margin 0.01 At least 2 seconds Summer Time Mon 21:31 - Sat 03:59
Winter Time Mon 22:31 - Sat 04:59
Summer Time Tue-Fri 03:59 - 21:31
Winter Time Tue-Fri 04:59 - 22:31
TSLA.us Tesla Inc. 0.01 USD 1 1 50 3% of Open position value 20% of Initial Margin 100% of Initial Margin 0.01 At least 2 seconds Summer Time Mon 21:31 - Sat 03:59
Winter Time Mon 22:31 - Sat 04:59
Summer Time Tue-Fri 03:59 - 21:31
Winter Time Tue-Fri 04:59 - 22:31
TWTR.us Twitter, Inc. 0.01 USD 1 1 50 3% of Open position value 20% of Initial Margin 100% of Initial Margin 0.01 At least 2 seconds Summer Time Mon 21:31 - Sat 03:59
Winter Time Mon 22:31 - Sat 04:59
Summer Time Tue-Fri 03:59 - 21:31
Winter Time Tue-Fri 04:59 - 22:31
COIN.us Coinbase 0.01 USD 1 1 50 3% of Open position value 20% of Initial Margin 100% of Initial Margin 0.01 At least 2 seconds Summer Time Mon 21:31 - Sat 03:59
Winter Time Mon 22:31 - Sat 04:59
Summer Time Tue-Fri 03:59 - 21:31
Winter Time Tue-Fri 04:59 - 22:31
JNJ.us Johnson & Johnson 0.01 USD 1 1 50 3% of Open position value 20% of Initial Margin 100% of Initial Margin 0.01 At least 2 seconds Summer Time Mon 21:31 - Sat 03:59
Winter Time Mon 22:31 - Sat 04:59
Summer Time Tue-Fri 03:59 - 21:31
Winter Time Tue-Fri 04:59 - 22:31
BA.us The Boeing Company 0.01 USD 1 1 50 3% of Open position value 20% of Initial Margin 100% of Initial Margin 0.01 At least 2 seconds Summer Time Mon 21:31 - Sat 03:59
Winter Time Mon 22:31 - Sat 04:59
Summer Time Tue-Fri 03:59 - 21:31
Winter Time Tue-Fri 04:59 - 22:31
LVS.us Las Vagas Sands Corp. 0.01 USD 1 1 50 3% of Open position value 20% of Initial Margin 100% of Initial Margin 0.01 At least 2 seconds Summer Time Mon 21:31 - Sat 03:59
Winter Time Mon 22:31 - Sat 04:59
Summer Time Tue-Fri 03:59 - 21:31
Winter Time Tue-Fri 04:59 - 22:31






Why choose HMLV to trade global index spreads and contract products?
All index products are not re-quoted which can provide customers with fast and efficient transaction execution.
Competitive quotation: competitive spread enables you to trade in the global market.
Hedging function: the same variety can be long or short at the same time.