Euro Pacific Bank

What is the Euro Pacific Trader?

Overview

trader horizontal logo
Your gateway to the world’s markets

Euro Pacific Securities Inc. presents its premier multi-asset brokerage account, Euro Pacific Trader. You’ll be able to access your Euro Pacific Trader account through your choice of four powerful platforms below.

TraderPro

Our flagship platform

traderpro
Our flagship trading platform for professionals.

Designed for active traders and investors who trade multiple products and require power and flexibility. TraderPro includes all of our most advanced algos and trading tools, and offers a library of tool and asset-based trading layouts for total customization.

TraderPro is suitable for traders and investors who want to take full advantage of the Euro Pacific Trader offering, especially high-volume, global traders and those who require in-depth news, technical research, and risk analysis tools. TraderPro is available on Windows, OS X, and Linux.

Free demo

After installing the application, a login screen will pop up. At the bottom of the screen in small letters is a link asking “No Username? Try the demo”. Click the link and the demo account will be automatically created.


Client Portal

Coming Soon

Your one-stop destination to check quotes and place trades, see account balances, P&L and key performance metrics, funding, reporting, and more. Suitable for traders, investors, and advisors who want a clear, real-time view of their accounts through an all-inclusive, easy-to-navigate platform with limited trading capabilities.


WebTrader

Coming Soon

Looking for a simple but feature-rich trading environment? The WebTrader is HTML-based and is the perfect solution if you prefer an uncluttered trading interface that’s easy to learn, but still offers advanced trading features and tools.


MobileTrader

Coming Soon

Enter and manage orders, view executions, monitor your account balance—all from your iOS or Android smartphone or tablet! Using state-of-the-art technology, MobileTrader allows you to access your Euro Pacific Trader account on-the-go.

2019 Good Friday & Easter Trading Schedule

During Easter, markets and exchanges around the world are closed at certain times. Global Trading’s operating hours over this period are given below. Please note that even during these hours some markets and exchanges may not be available.

FX and Metals Schedule*

DATE FX FX METALS
Good Friday Closed Closed

*May be subject to change, depending on liquidity providers and venues.

Stocks and Stock Options

Futures and Options

CFDs on Futures

CFD Index Tracker

April 2019 New Products & Platform Updates

Product Updates & Enhancements

New product overview in GTS and GTS Pro

In April, we will be launching a major upgrade to the Product Overview pages in GTS and these pages will be made available in GTS Pro.

The overview pages will continue to offer an in-depth overview of the instrument selected in the watchlist, positions list, order list or through the global search function in the platform.

Summary

The Summary tab will continue to offer market overview for the instrument and can include:

    -market depth (for exchange traded instruments)
    -a simple range chart showing price movements for a selected period
    -Trade Signals (from Autochartist)
    -news

More sections with more information are planned in the near future.

Combination orders for Exchange Traded Options in GTS and GTS Pro

In April, we will launch an Option Strategies trade ticket in the GTS desktop and GTS PRO platforms offering multi-leg exchange-traded option trades.

The new Option Strategies module:

    -offers a choice of common option strategies
    -supports custom strategies with up to 4 legs
    -will be launched from the option chain
    -will initially support US listed options
    -supports configurable columns for Greeks and market data

New Net FX Exposures module in GTS Pro – from April

In April, we will be launching a new FX Exposures module in TraderPRO which will give a detailed breakdown of your net FX exposures by currency.

The FX Exposures module will be available from the TraderPRO Menu as a module that you can dock in your workspace.

FX Exposures shows a breakdown of net position by currency for a selected account or group of accounts.

The columns show your net FX exposures:

    -by currency
    -in your account currency a
    -in USD

Customizable columns offer sorting by currency, exposure in account currency or exposure in USD. Exposures can be itemized by trade, P/L and cash components of the exposure.

The FX Exposure module also displays your exposure limit for each exposure currency the % utilization, and your total FX Net Open Position (NOP) exposure limits.

Advanced search – available from April

From April, an enhancement to the search will be available allowing you to refine searches by for example product, currency, country and sector and will allow you to sort results by product, popularity or alphabetically.

The down arrow on search fields will give access to the Advanced search options which allow you to filter results by:

    -Product (FX, FX Options, CFD indices, CFD Stocks etc.)
    -Currency (USD, EUR, GBP, etc.)
    -FX category (Majors, Minors, Exotics)
    -Country (for exchange listed products, Mutual Funds and Bonds)
    -Sector (for stocks, futures and CFDs)
    -Type (bonds, mutual funds, ETFs)

Results can further be sorted by:

    -Popularity (default option)
    -Product
    -Alphabetically

New chart feature

2- and 3-minute chart intervals are now available on charts in the TraderGO and TraderPRO platforms.

These can be added to the Period selector in charts by clicking the Customize link in the selector.

Operational Changes

Equity Research services discontinued

As previously announced, Equity Research will be discontinued in April 2019 and the Equity Research and Stock Screeners will be removed from all platforms.

Please contact [email protected] if you have further questions about these changes.

New equity risk rating model

EFFECTIVE: Sun, 10 March 2019 at 12:00 GMT

We are implementing a new equity risk rating model on the March 10th. These changes will impact single stock CFDs and short stock option position margin requirements, and where applicable, the collateral for cash shares/ETF positions.

You should be able to see all the scheduled changes and how they could impact current positions in the platform’s ‘Margin Monitor’ tool. The tool can be accessed via the ‘Info’ icon, under ‘Account Summary’.

Clients that could have been exposed to a large margin usage swing have been contacted individually.

If you have any questions, please send us an email at [email protected]

February 2019 New Products & Platform Updates

Product Updates & Enhancements

FX trailing stop order handling

From 19 December 2018 we have implemented a small but significant change to the way that we handle FX trailing stop orders.

    -Trailing stop if offered orders to sell will now follow the bid price (previously they followed the offer). They will continue to be triggered on the offer price.
    -Trailing stop if bid orders to buy, will now follow the offer price (previously they followed the bid). They will continue to be triggered on the bid price.

Previously, where a trailing stop if offered order to sell followed the offer price, spread widening would result in the stop order being dragged higher by a temporary spike. When the spread returned to normal levels, the stop order would then be triggered resulting in unexpected trailing stop behaviour.

We have therefore made this small change to protect clients from unexpected order fills as result of spread widening around market volatility or market opening e.g. Sunday open.

New chart features

Extra bars

Extra Bars is a useful new feature that allows you to create space between last updated bar or candle and the y-axis, adding space for projecting annotations into the future.

You can add space from chart configuration menu available from the right-click menu (desktop) or the chat settings icon.

Annotation persistence across chart windows

Chart annotations are now remembered for each instrument and will be available whenever you open a new chart for the instrument.

If you have several instances of a chart open for the same instrument, the most recent changes to the chart annotations will be used.

Time range persistence when zooming

If you zoom or pan in the chart, the chart now persists the time range if you close and reopen the platform, detach the chart or select another instrument. If I pan the chart to show a time range of 2016 – 2017 for example, opening a new instrument in the chart will show the time range 2016 – 2017.

Click on the Reset icon to quickly reset to the time range selected.

Improved Volume Weighted Average Price (VWAP) indicator (9th February)

The calculation behind the Volume Weighted Average Price (VWAP) indicator will be improved to more accurately display the average weighted price by volume – the value of all trades in a trading session divided by trading volume.

VWAP is similar to a moving average with a lagging indicator used on intraday time periods only. Contrary to the moving average, VWAP accumulates volume throughout the trading session.

VWAP can be used to compare the current price to the VWAP value to determine the general direction for the instrument – if current price is below the VWAP line prices are falling, if above prices are rising.

X-axis time period colour separator (9th February)

To improve the readability you will be able to add colours to the x-axis to make it easier to quickly identify different trading periods.

Go add colours to the time period under Chart Configuration > Lines and Colours the check the Time period colour separator checkbox

Simple order types in GTS Web


From February, an option will be available in the Trade Ticket when placing orders, allowing you to simplify the order types, hiding complex order types and limiting the list to Market, Limit and Stop orders used by most clients.


Design updates

A number of design updates to GTS Mobile will be released in the coming months. In close contact with clients, we have been making a number of usability improvements to the mobile trader. Most notably we will increase the font sizes and certain navigation buttons and icons to improve legibility and navigation.

Font sizes will also be increased on GTS Mobile on the desktop.

A number of enhancements will soon be released in the GTS Pro platform allowing traders to more efficiently navigate the platform using the keyboard.

FX stop order simplification

From February 2019, FX stop orders will be simplified where Stop if Bid and Stop if Offered will be labelled Stop orders throughout the platform in trade confirmations and order and position lists. Similarly, Trailing stop if Bid and Trailing Stop if Offered orders will be labelled Trailing Stop orders.

These orders will continue to be placed and triggered in the same way.

Operational Changes

Mandatory event notifications and corporate actions on Bonds

To provide better service clients, we are happy to announce that from 4th February 2019:

Notifications on mandatory corporate events

Corporate Action Notifications will be provided on mandatory events for Stocks, Bonds and Mutual Funds.

Clients can access this information under Account > Other > Corporate Action Mandatory Events. Events will be shown until their Ex date/effective date + 30 days.

Equity Research services discontinued

Equity Research available through the platforms will be discontinued in April 2019.

We are working on a replacement for this service which will be available before the Equity Research is retired.

Spot metal XPDUSD to be discontinued

Due to a deterioration in the underlying liquidity available in XPDUSD, we are no longer able to support trading in Palladium/USD.

From Monday 21 January 2019 clients are no longer be able to open new positions in XPDUSD and by Friday 15 February 2019 all existing positions must be closed. After this date, we will close all open positions and cancel any open orders on your behalf.

Please note that should you wish to gain exposure to Palladium, we continue to offer trading of Palladium CFDs and Palladium (PA) Futures.

Please contact [email protected] if you have further questions about these changes.

New standard margin rates as of 21 November 2018

Dear client,

On Wednesday 21 of November 2018 at 08:00 GMT we will be implementing new standard margin rates for FX and CFDs. These margin rates will remain in effect until further notice.

These margin rates will remain in effect until further notice, as we continue to monitor the geopolitical and market situation closely.

What will the margin rates be?
The following tables gives you an overview of the affected instruments on your account.

FX

FX Current minimum margin Minimum margin from 21 November
SEK 2.5% 3.0%
RUB 7% 7.5%

CFDs

Index Tracker CFDs Current minimum margin Minimum margin from 21 November
EU Stocks 50 3% 4%
Swiss 20 3% 4%
France 40 3% 4%
Netherlands 25 3% 4%
Germany 30 3% 4%

Commodity CFDs

Commodity CFDs CFDs Current minimum margin Minimum margin from 21 November
NY Cocoa 5% 8%
Cotton 4% 5%
Soybeans 4% 5%
Silver 8% 5%
Gasoline US 8% 5%
UK Gas Oil 8% 5%
Heating Oil 8% 5%

You can check the upcoming changes to margin rates and collateral requirements for your respective margin profile in the trading platform under ‘Account – Margin and Collateral’.

Margin Monitor Feature
Since Monday 22 October, the new ‘Margin Monitor’ feature is be available in GTS Web and GTS Pro, to complement the existing Margin and Collateral changes module. This provides an overview of the positions that are affected by margin changes, and shows the current and the simulated margin after all changes have been applied.

Access to the Margin Monitor
The Margin Monitor will be available through an icon on the Account Toolbar (on the Account Summary in GTS Pro). The Margin Monitor is also available in My Account.

How does this impact your trading?
If you have open positions in any of the affected markets, please ensure that you monitor your positions carefully and maintain sufficient funds in your account to meet the increased margin requirements during this period of turmoil.

We recommend you keep the following in mind, especially when trading during periods of potential market volatility:

  • Consider placing relevant resting orders in advance. Market liquidity may vary substantially, and trade/quote requests may be unavailable at times as existing resting orders and new market orders are filled as priority
  • Market orders are not guaranteed to be filled at any specific price – they will be filled “at best” according to available market price when processed
  • Stop Loss orders are converted to Market orders once triggered, so are not guaranteed to be filled at your stop order level – gaps in available liquidity can result in significant slippage on Stop orders
  • Using Stop Limit type orders (rather than Stop Market) can be very beneficial as they allow the client to specify the worst acceptable immediate fill rate after triggering, and they will rest in the order book if not able to be filled immediately
  • Buying options (i.e. puts to protect long positions and calls to protect short positions) could be a hedging vehicle suitable for market uncertainty since they offer protection at the fixed Strike price, rather than Stop orders where fills on gapped prices can occur
More information
If you have any questions, please contact [email protected]

Removal of Non-Professional Subscriptions to Nasdaq OMX Nordic Equities for both live and delayed data

EFFECTIVE: Jan 01st 2019

Please be advised that we are no longer going to be supporting Nasdaq OMX Nordic Equities Subscriptions due to changes in the Nasdaq OMX Nordic Equities exchange licensing policies associated with this subscription. Existing subscriptions will be terminated and the ability for clients to subscribe to this exchange as non-professionals will be removed. Professional subscriptions have been removed on Aug 1st 2018 as previously communicated here.

Subscriptions to be removed

Current view of the instruments

Instruments on OMX that show zero on the price are supposed to be still tradable.



Please contact [email protected] if you have further questions about these changes.

Removal of Professional Subscriptions to Nasdaq OMX Nordic Equities

EFFECTIVE: Aug 31st 2018

Please be advised that we are no longer going to be supporting Nasdaq OMX Nordic Equities Professional Subscriptions due to changes in the Nasdaq OMX Nordic Equities exchange licensing policies associated with this subscription. Existing subscriptions will be terminated and the ability for clients to subscribe to this exchange as professionals will be removed. Private subscribers can still apply for the real-time subscription as usual.

Subscriptions to be removed

Current view of the instruments

Instruments on OMX that show zero on the price are supposed to be still tradable.



Please contact [email protected] if you have further questions about these changes.

Withholding Tax Matrix for Equities and Bonds

LAST UPDATED: FEB 2017

The following table provides indicative rates for withholding amounts on equity and interest income associated with equity and bond purchases made at Euro Pacific Securities (Global Trading). Rates are subject to change. This table is informational purposes and is not guaranteed as to accuracy.

Country of IssuanceCodeEquity Tax %Interest Tax %
Antigua & BarbudaAG2525
ArgentinaAR10/35.15.05/35.
AustraliaAU3010
AustriaAT27.50/27.5
BahamasBS00
BahrainBH00
BelgiumBE2727
BermudaBM00
BotswanaBW7.515
BrazilBR0/1515/25
BulgariaBG510
CanadaCA2525
Cayman IslandsKY00
ChileCL3535
ChinaCN1010
ColombiaCO0/4033
CuracaoCW00
CyprusCY00
Czech RepublicCZ3535
DenmarkDK2722
EgyptEG1020
EstoniaEE00
Faroe IslandsFO350
FinlandFI200
FranceFR300
GabonGA2010
GeorgiaGE55
GermanyDE26.37526.375
GibraltarGI00
GreeceGR1015
GreenlandGL440
Guernsey, Channel IslandsGG00
Hong KongHK00
HungaryHU00
IcelandIS2010
IndiaIN010/20.
IndonesiaID2020
IrelandIE2020
Isle of ManIM00
IsraelIL25/3025
ItalyIT2612.5/26
JapanJP20.4215.315/20.42
Jersey, Channel IslandsJE00
KazakhstanKZ15/2015/20
KoreaKR2215.4/22
LebanonLB1010
LiberiaLR1515
LiechtensteinLI00
LithuniaLT1510
LuxembourgLU1510
MalaysiaMY0/10/2515
MaltaMT00
Marshall IslandsMH00
MauritiusMU00/15
MexicoMX1035
MonacoMC00
MoroccoMA1530
NamibiaNA2010
NetherlandsNL150
New ZealandNZ3015
NigeriaNG1010
NorwayNO250
PakistanPK12.5/2510/20.
PanamaPA10/20.12.5
Papua New GuineaPG0/10/1715
PeruPE6.830
PhilippinesPH3020/30
PolandPL1920
PortugalPT3535
Puerto RicoPR150/29
QatarQA07
RomaniaRO516
Russian FederationRU1515/20
SingaporeSG1715
SlovakiaSK3535
SloveniaSI1515
South AfricaZA1515
SpainES1919
SwedenSE300
SwitzerlandCH3535
TaiwanTW2020
ThailandTH1015
TurkeyTR1510/12/13/15/18
United Arab EmiratesAE00
United KingdomGB00
United Kingdom REITSGB20-
United States of AmericaUS3030
Virgin Islands, BritishVG00
ZambiaZM1515
ZimbabweZW10/15.5/15.

July 2018 New Products & Platform Updates

Product Updates & Enhancements

GTS Mobile improvements

New navigation

The new navigation makes it fast and easy to access the main components: Account Summary Watchlists, Positions and Orders in a single tap.

Other functions are accessed through the menu icon.

Redesigned Watchlists, Order and Positions

The Watchlist, Positions and Orders sections have been redesigned to offer a simpler layout, with easy access to detailed information through the use of info card which appear when you select an instrument.

The info cards allow you to swipe between key information for the position or order, a chart for the instrument and key market information for the instrument.

Account summary

The Account Summary was also redesigned to give an overview of all accounts and easy access to details on a particular account.

Trade Ticket

The new Trade Ticket has recently been introduced which is optimised for easier navigation and use on mobile devices with more touch-friendly controls.

Many other new features are coming to the GTS Mobile soon.

Second currency FX spot trading

Trading in a second currency is now available in the GTS Web.

FX Quick Trades in the GTS Web now have a currency toggle on the amount selector, allowing you to select a second currency and set trade amounts in a second currency (the quote currency).

In this example, the Amount would normally be placed in EUR but you can now select to place the trade in JPY which will be converted to the EUR amount when you place the trade.

Please note that this is for convenience in converting trade amounts from the quote currency. The trade amount will always be placed in the base currency (EUR for EURJPY in this example).

Futures and futures options initial margin

Effective Monday, 9 July 2018 Global Trading LTD will improve the order checking of futures and options orders, so that the initial margin is used for the entire portfolio. The change only relates to pre-check of futures and futures options so clients without positions in these instruments are not affected.

Aggregated amounts tool

A new Aggregated Amounts tool is now available which exports aggregated amounts for your holdings into an Excel sheet. These include daily exposures, position values, P/Ls, costs and bookings and allows you to filter and process these amounts based on your own use cases.

The exported Excel sheet includes sections for:

  • Aggregated Amounts – a full list of relevant amounts affecting your accounts in the period
  • PL – The total P/L (realised +unrealised) per instrument per day
  • Cash movements –amounts that were booked on your account per day

Aggregated amount is available under Account > Historic reports > Aggregated amounts in the platforms.

Please note that this is for convenience in converting trade amounts from the quote currency. The trade amount will always be placed in the base currency (EUR for EURJPY in this example).

Chart improvements

Trendline annotations

Improved trendline annotations are now available in the charts in all platforms.

A number of changes have recently been made to the trendline annotation, available from the Annotations menu in the chart.

Trendline segment (Trendline)

The Trendline annotation has changed name to Trendline Segment which still draws a line between the two points on the chart.

Trendline ray (Infinite trendline)

Infinite trendline has changed name to Trendline Ray and still extends in one direction (forwards).

Trendline extended (new)

A new trend line named Trendline Extended is now available which extends to both the left and right.

Trendlines can be edited in the configuration settings for the trendline configuration settings where you can edit:

  • Line colour weight and type
  • Start and end points
  • Line extensions
  • Add parallel trend lines

Chart improvements from May 2018

See also: New chart features from June 2018

Trade Ticket margin impact changes

From late July 2018, we will be changing the methodology used to calculate margin impact values shown in Trade Tickets in all platforms:

  • Currently, the margin impact of a trade is based on the change in Margin available
  • From July 2018, the margin impact of a trade will be based on the change in Reserved for margin positions = Reserved for margin positions after trade – Reserved for margin positions before the trade

This change separates the margin impact from impact of costs and option premiums.

Operational Changes

Subscription Changes

Australian Securities Exchange subscription fee change

From 1 August 2018, Australian Securities Exchange Level 2 subscriptions will be raised from AUD 82 to 88 for professional clients.