T R A I N I N G M O D U L E K K O F F I C EPresentation Transcript
STAFF TRAINING April 2009
Company Background Union Pacific Limited Licensed Online Brokerage Company Specializing in Online FOREX Trading Incorporated in 2005 Located at Auckland, New Zealand Official website www.unionpacific-nz.com
Why Deal With UPL 1.Fully Automated Trading System 2. High Leverage 3. Guaranteed Order Fill 4. Lowest Fixed Spread 5. Low Transaction Fees 6. Online Withdrawal 7. Live News and Chart 8. 20-hour access to the foreign exchange(FX) Market thru Online Trading Platform
Optimum Management Services Appointed by UPL to Promote and Advertised Online FOREX Trading Platform. Service centre to cater customer needssuch as to Register new customer, provide professional market analysis, process of new clients documentation. Train/Produce professional Marketing Assistant / Managers
FOREX TRADING Foreign Exchange Market (FX, Currency or Forex) Buying and Selling the Foreign Currency Price fluctuation. Global Market The average daily volume in the global foreign exchange and related markets is continuously growing. Traditional daily turnover was reported to be over US$3.2 trillion in April 2007 by the Bank for International Settlements. The foreign exchange market is unique because of - its trading volumes, - the extreme liquidity of the market, - its geographical dispersion, - its long trading hours: 24 hours a day except on weekends - the low margins of profit compared with other markets of fixed income (but profits can be high due to very large trading volumes) - the use of leverage
Trading Methodology Buying Contract In order to gain profit, trade must be done as buy at low price then sell at high price. Example:- Mr. Lee is currently monitoring GBP/USD counter. He has place an order BUY 2 Lots (New) position at 1.4500. 5 minutes later the price has increase to 1.4700. He then liquidate his position by placing SELL 2 Lots (Close) at 1.4700. with that trade Mr. Lee has made a gross profit of USD4000.
SELL 2 Lots (C) 1.4700 BUY 2 Lots (N) 1.4500
Selling Contract Is a reverse trading methodology. To gain profit when the currency price is dropping Firstly place an order as SELLING then Liquidate as Buying Position. Example:- Counter EUR/USD. SELL 2 Lots (N) at 1.3600. then BUY 2 lots (L) at 1.3400. This trade we will make a gross profit of USD4000 too.
SELL 2 Lots (N) at 1.3600 BUY 2 Lots (L) at 1.3400
TRADE TABLE Currently UPL is offering 2 different Size of Trading Account. STANDARD CONTRACT SIZE - Contract Size of USD100,000
Security Deposit Day-Trade USD1000 per lot/ Overnight Trade USD2000 per lot
USD50 per transaction fee
MINI CONTRACT SIZE - Contract Size of USD50,000
Security Deposit Day-Trade USD500/ Overnight Trade USD1000 per lot
USD25 per transaction fee
3. CURRENCY TRADED
CALCULATION OF P/L 1. GBP/USD, EUR/USD, AUD/USD Value per pip is USD10 2. USD/JPY, USD/CAD, USD/CHF -Different of pips gain x contract size / liquidation price – facility fee x number of lot example:- JPY Buy 2 lots (N) at 95.00. Sell 2 lots (L) at 97.50 97.50 – 95.00 x 100,000 / 97.50 – USD50 x 2 =USD 5028.20
STEPS OF OPENING TRADE ACCOUNT Register client(s) detail thru UPL website. Assists client do the T.T Photocopy of client(s) I.C and T.T slip Submit to Admin Wait for Password file from UPL
ONLINE TRADING PLATFORM Download from UPL website Clients can access to his trade account at anytime or anywhere as long there is internet connection. Clients can monitor the price fluctuation Can do their own transaction Print report of trade account Withdrawal
LIVE MARKET NEWS AND PRICE
RISK MANAGEMENT AUTOMATED STOP ORDER -Place an order at targeted price. Order will automatically done if the market price has reach the targeted stop price. What is MARGIN CALL? - Equity Not Less Then 50% of Necessary Margin. When a Trading account is Margin Called, the client should deposit the enough amount of Margin to the appointed bank account of our company before 16:00 (GMT+8) of the next trading day.? If the client fails to deposit the called amount before the deadline, the company has the right to lock or to liquidate all the/ part of the opening positions of that account in the afternoon session of the market What is AUTO-LOCK During the market trading time, any account that has opening position in the account, and the equity is lower than or equal to 30% of the necessary deposit of the account, there would be an Auto lock action taken (an equal volume of opposite side of open position would be made automatically) by the Computer Auto Risk Control System, to protect and control the risk of all trading accounts.
MINIMUM FOR OPENING TRADE ACCOUNT MINIMUM INVESTMENT AMOUNT USD5,000 Clients can open trial account with USD2000 Time frame – 1 month, if the client wanted to continue his/her investment, additional of Margin is needed.
PRESENTATION INTRODUCTION Question and Answer - ask the prospect did he/she ever involve in FOREX trading / share or any investment. - If the answer is YES, that’s mean the prospect known about the Trading. Then your presentation has to be more on ONLINE TRADING PLATFORM and CURRENT MARKET TREND/PRICE. Make the prospect more convince on the Profitable on current market price. - If the answer is NO, then you have to present step-by-step.
HOW MUCH YOU WILL EARNING? Achieve minimum monthly target RM3000 Commission RM60 per turn-over Basically turn-over will increase by number of new accounts and account size. Example:- if 1 month have 50 lots traded, based on 5 new accounts. Commission will be 50 lots x RM60 = RM3000 Plus your Salary RM3000 Your monthly Income will be standing at RM6000
MONTHLY BUSINESS TARGET!(PERSONAL) Minimum 5 new clients With total of USD25,000 With minimum turn-over of 50 lots.( trade accordingly with the size of trading accounts) -------------------------------------------------------------- Contacts Call Calling Appointment s Follow Up Projections