Trading rules of Pro Finance Group inc.

Order quotation and fulfillment in a quiet market

In a quiet market, quotations received from a dealer conform to or are slightly different from those in the Market Watch window of the MetaTrader trading platform. Spread on the major currencies and main crosses is 3-5 pips. Orders are fulfilled in strict conformity with the price stated in the order, irrespective of the order type.

Order quotation and fulfillment in a highly volatile market

Rapid changes normally occur in the market after release of important macroeconomic parameters, economic or political news of in case of force majeure events. In this case, spread may be slightly widened, and a dealer has the right to change the price and to suggest that a transaction should be entered into at a new price but orders are fulfilled in strict conformity with stated prices.

Charts construction

Charts in PFG FX Trader are constructed in the following way:

• High (maximum price) - by BID price
  
• Low (minimum price) - by BID price

Order fulfillment when the market opens with a break off or if a break off occurs during the day.

If the market opens with a break off or if a break off occurs during the day (this normally happens after weekend or holidays, upon release of important macroeconomic data, economic and political news as well as in case of force majeure events), orders are fulfilled as follows:

• Take Profit (T/P) orders are fulfilled at states prices;
  
• Stop Loss (S/L) orders are fulfilled at states prices;
  
• Buy Limit & Sell Limit orders are fulfilled at states prices;
  
• Buy Stop & Sell Stop orders are fulfilled at the first prices in the market.

Even though such situation is not frequent, please be cautious in leaving positions or orders for weekend and holidays.

Please note that dealers do not make any decisions on disputable issues in connection with order fulfillment or any other disputable trade-related issues. So if you disagree with a dealer on any trade-related issue please call at the Customer Relations Department or write a letter to support@pfgfx.net during one day. If more than two business days pass after entering into a transaction such claims will not be reviewed.

Margin Requirements

If at any point of time the Equity (current balance including open positions) is equal to 30% of the margin occupied by open positions, a dealer has the right to close one or all open positions to meet margin requirements.

Contract Specification

Minimal contract size for micro-accounts 0.01 lot

Forex

Ticker Description Size of 0.01 lot Margin Hedged margin Spread Limit & Stop levels Comission EURUSD Euro vs US Dollar EUR 1,000 $ 1000 $ 500 0.0003 0.0005 0 USDCHF US Dollar vs Swiss Franc USD 1,000 $ 1000 $ 500 0.0004 0.0005 0 GBPUSD Great Britain Pound vs US Dollar GBP 1,000 $ 1000 $ 500 0.0004 0.0005 0 USDJPY US Dollar vs Japanese Yen USD 1,000 $ 1000 $ 500 0.04 0.05 0 AUDUSD Australian Dollar vs US Dollar AUD 1,000 $ 1000 $ 500 0.0004 0.0005 0 USDCAD US Dollar vs Canadian Dollar USD 1,000 $ 1000 $ 500 0.0005 0.0005 0 EURCHF Euro vs Swiss Franc EUR 1,000 $ 1000 $ 500 0.0004 0.0005 0 EURJPY Euro vs Japanese Yen EUR 1,000 $ 1000 $ 500 0.08 0.08 0 EURGBP Euro vs Great Britain Pound EUR 1,000 $ 1000 $ 500 0.0005 0.0005 0 GBPJPY Great Britain Pound vs Japanese Yen GBP 1,000 $ 1000 $ 500 0.08 0.10 0 GBPCHF Great Britain Pound vs Swiss Franc GBP 1,000 $ 1000 $ 500 0.0008 0.0010 0 EURCAD Euro vs Canadian Dollar EUR 1,000 $ 1000 $ 500 0.0008 0.0010 0 EURAUD Euro vs Australian Dollar EUR 1,000 $ 1000 $ 500 0.0008 0.0010 0 CHFJPY Swiss Frank vs Japanese Yen CHF 1,000 $ 1000 $ 500 0.0005 0.0010 0 NZDUSD New Zealand Dollar vs US Dollar NZD 1,000 $ 1000 $ 500 0.0006 0.0010 0 USDDKK US Dollar vs Danish Krone USD 1,000 $ 1000 $ 500 0.0030 0.0050 0 HKDUSD Hong Kong Dollar vs US Dollar HKD 1,000 $ 1000 $ 500 0.0005 0.0005 0 USDZAR US Dollar vs South Africa Rand USD 1,000 $ 1000 $ 500 0.0100 0.0100 0 USDNOK US Dollar vs Norway Krone USD 1,000 $ 1000 $ 500 0.0050 0.0050 0 USDSGD US Dollar vs Singapore Dollar USD 1,000 $ 1000 $ 500 0.0008 0.0010 0 USDSEK US Dollar vs Sweden Krona USD 1,000 $ 1000 $ 500 0.0050 0.0050 0 EURNZD Euro vs New Zealand Dollar EUR 1,000 $ 1000 $ 500 0.0012 0.0012 0 AUDJPY Australian Dollar vs Japanese Yen AUD 1,000 $ 1000 $ 500 0.0006 0.0008 0 AUDNZD Australian Dollar vs New Zealand Dollar AUD 1,000 $ 1000 $ 500 0.0012 0.0015 0 AUDCAD Australian Dollar vs Canadian Dollar AUD 1,000 $ 1000 $ 500 0.0010 0.0010 0 AUDCHF Australian Dollar vs Swiss Franc AUD 1,000 $ 1000 $ 500 0.0008 0.0010 0 CADCHF Canadian Dollar vs Swiss Franc CAD 1,000 $ 1000 $ 500 0.0008 0.0010 0 CADJPY Canadian Dollar vs Japanese Yen CAD 1,000 $ 1000 $ 500 0.0006 0.0008 0 NZDJPY New Zealand Dollar vs Japanese Yen NZD 1,000 $ 1000 $ 500 0.0008 0.0010 0 GOLD Gold (spot) 250 troy.oz 1 % 0.5% 1.00 2.00 0 SILVER Silver (spot) 5000 troy.oz 1 % 0.5% 0.03 0.05 0

CFD on individual shares

Ticker Description Size of 1.0 lot Margin Hedged margin Spread Limit & Stop levels Comission #AA ALCOA INC 100 shares 10 % 3.0% 0.03 0.10 0.05 % #AIG AMER INTL GROUP 100 shares 10 % 3.0% 0.04 0.10 0.05 % #AXP AMERICAN EXPRESS CO 100 shares 10 % 3.0% 0.03 0.10 0.05 % #BA BOEING CO 100 shares 10 % 3.0% 0.03 0.10 0.05 % #C CITIGROUP INC 100 shares 10 % 3.0% 0.03 0.10 0.05 % #CAT CATERPILLAR INC 100 shares 10 % 3.0% 0.04 0.10 0.05 % #DD DU PONT EL DE NEMROUS & CO 100 shares 10 % 3.0% 0.03 0.10 0.05 % #DIS DISNEY (WALT) CO 100 shares 10 % 3.0% 0.02 0.10 0.05 % #EK EASTMAN KODAK CO 100 shares 10 % 3.0% 0.03 0.10 0.05 % #GE GENERAL ELECTRIC CO 100 shares 10 % 3.0 % 0.03 0.10 0.05 % #GM GENERAL MOTORS CORP 100 shares 10 % 3.0 % 0.03 0.10 0.05 % #HD HOME DEPOT INC 100 shares 10 % 3.0 % 0.02 0.10 0.05 % #HON HONEYWELL INTERNATIONAL INC 100 shares 10 % 3.0 % 0.02 0.10 0.05 % #HPQ HEWLETT-PACKARD CO 100 shares 10 % 3.0 % 0.02 0.10 0.05 % #IBM IBM CORP 100 shares 10 % 3.0 % 0.04 0.10 0.05 % #IP INTERNATIONAL PAPER CO 100 shares 10 % 3.0 % 0.03 0.10 0.05 % #INTC INTEL CORP 100 shares 10 % 3.0 % 0.03 0.10 0.05 % #JNJ JOHNSON&JOHNSON 100 shares 10 % 3.0 % 0.04 0.10 0.05 % #JPM JP MORGAN CHASE & CO 100 shares 10 % 3.0 % 0.03 0.10 0.05 % #KO COCA-COLA CO 100 shares 10 % 3.0 % 0.03 0.10 0.05 % #MCD MCDONALDS CORP 100 shares 10 % 3.0 % 0.02 0.10 0.05 % #MMM 3M CO 100 shares 10 % 3.0 % 0.05 0.10 0.05 % #MO ALTRIA GROUP INC 100 shares 10 % 3.0 % 0.03 0.10 0.05 % #MRK MERCK & CO INC 100 shares 10 % 3.0 % 0.04 0.10 0.05 % #MSFT MICROSOFT CORP 100 shares 10 % 3.0 % 0.02 0.10 0.05 % #PFE PFIZER INC 100 shares 10 % 3.0 % 0.03 0.10 0.05 % #PG PROCTER & GAMBLE CO 100 shares 10 % 3.0 % 0.04 0.10 0.05 % #T AT&T CORP 100 shares 10 % 3.0 % 0.02 0.10 0.05 % #UTX UNITED TECHNOLOGIES CORP 100 shares 10 % 3.0 % 0.04 0.10 0.05 % #VZ VERIZON COMMS 100 shares 10 % 3.0 % 0.03 0.10 0.05 % #WMT WAL-MART STORES INC 100 shares 10 % 3.0 % 0.04 0.10 0.05 % #XOM EXXON MOBIL CORP 100 shares 10 % 3.0 % 0.03 0.10 0.05 %

Notice:
there is the possibility of spread adjustments in the indicated range depending on the market conditions on the underlying share

Rollovers

In the spot Forex market, trades must be settled in two business days. It means that counter transactions encompassing the same currency pair, for the same amounts, settled on a spot basis, are needed where one transaction closes the position for the "old" value date, and simultaneously opens the position for the new value date. In this case the dealer may charge or pay interest to the client for these position rollovers. As a result funds are subtracted or added to the client's account with open positions. Whether a fee will be charged or a payment made depends upon the short-term interest rates in the countries of the currencies in the pair.

For example, you sold 100,000 EUR/USD. It means that you effectively borrowed 100,000 Euro from the dealer against the current interest rate on Euro. You sold Euros and earned a corresponding amount in US dollars, which the dealer is now "holding" for you. The dealer pays you for the US dollars you placed with him at the current interest rate on US dollars. You pay the interest rate that currently can be earned on EUR investments. The difference between these payments is recorded in points on your account. A model schedule can be represented as follows:

	LONG	SHORT
EUR/USD	-1.0005	0.1429
GBP/USD	-0.2758	-0.3432
USD/JPY	0.3029	-2.1204
USD/CHF	0.2764	-1.9351
AUD/USD	0.0880	-0.6162
USD/CAD	0.0645	-0.4513
EUR/GBP	-0.6373	0.3068
EUR/CHF	0.1491	-1.0440
EUR/JPY	0.1989	-1.3923
GBP/JPY	0.6732	-2.0345
GBP/CHF	0.6184	-1.9376
USD/SEK	1.2667	-8.8669
EUR/AUD	-1.0500	0.5500
NZD/USD	0.1557	-1.0902
EUR/CAD	0.0903	-0.6324
USD/DKK	0.3800	-1.8200
HKD/USD	0.1200	-0.5500
USD/ZAR	-10.4153	1.4879
USD/SGD	0.2340	-1.6379
USD/NOK	0.8106	-5.6740
CHF/JPY	0.0414	-0.2901
EUR/NZD	-3.1132	0.8785
AUD/JPY	0.6420	-2.3528
AUD/NZD	-0.6084	0.1365
AUD/CAD	0.1316	-0.8584
AUD/CHF	0.5372	-1.6728
CAD/CHF	0.1806	-1.0694
CAD/JPY	0.4903	-1.6521
NZD/JPY	0.5883	-2.5617