News and updates

2016 December 02

On Sunday December 4th, Italians will head to the polls to cast their votes for or against a constitutional reform aimed to restrict the powers of the Senate.

The uncertainty surrounding the results is expected to increase volatility in global markets and may create trading opportunities worldwide.

To help ensure our customers are more protected from such movements, on Sunday December 4th before market opening, we will be temporarily lowering the leverage by 4 times on the following instruments:

  • IT40
  • Italian shares

 And by 2 times the following instruments:

  • AEX25
  • FRA40
  • GER30
  • EUR50
  • UK100
  • SPA35
  • SWI20

Please note that in accordance with markets volatility, we might take further actions such as restrict some instruments to close only or increase margin requirements.

Make sure to continuously monitor any open positions that might be affected and ensure you have sufficient funds in your account to support them.

2016 November 04

Due to the expected volatility around the upcoming US presidential elections scheduled for November 8, 2016, please be advised that new margin requirements will come into effect on Sunday November 6th and will remain in effect until at least Wednesday, November 9.

The margin requirements will be doubled in order to protect any open deals that you may have. 

In case of high volatility and low liquidity, the company reserves the right to make a number of changes to the trading conditions without prior notice, which may include but is not limited to, increased margin requirements, Close only mode, spread widening and volume restrictions.

As a result of this change in margin requirements, you may need to consider closing open trades and / or deposit more funds to your account.

We urge you to make sure in advance that your accounts are well capitalized throughout this period of significant volatility and high margin requirements. 

The company will reduce margin requirements back to pre-election levels as soon as market conditions permit.

2016 October 28

Trading hours due Daylight Saving Time

 

Due to the seasonal change in Daylight Savings Time in Europe on the weekend of 30th October and in the United States on the weekend of 6th November, the trading hours of various instruments will be affected between October 31st and November 4th.

Trading schedule will return back to normal on the 7th of November 2016.

Forex will have an early opening at 23:05 on October 30th and an early closing at 21:59 on November 4th.

Please review the below table to see which instruments will be affected and how:

 

INSTRUMENT

Monday 31.10.2016 - Friday 4.11.2016

GOLD

00:00-23:00

SILVER

00:00-23:00

PLATINUM

00:00-23:00

COPPER

00:00-23:00

OIL

00:00-23:00

BRENT

02:00-00:00

NGAS

00:00-23:00

COFFEE

11:15-19:30

SUGAR

10:30-19:00

CORN

02:00-14:45 ; 15:30-20:15

SBEAN

02:00-14:45 ; 15:30-20:15

WHEAT

02:00-14:45 ; 15:30-20:15

AUS200

00:50-07:30 ; 08:10-22:00

HK50

03:15-06:00 ; 07:00-10:15 ; 11:15-17:45

JPN225

01:00-22:15 ; 22:30-23:00

US30

00:00-22:15 ; 22:30-23:00

NAS100

00:00-22:15 ; 22:30-23:00

US500

00:00-22:15 ; 22:30-23:00

US2000

02:00-00:00

USDX

02:00-23:00

US SHARES

15:30-22:00

 

*The above schedule may be subject to change.

 

 

2016 August 02

FXORO’s physical and mailing address and registered office changed to: Petrou Tsirou 82, Mesa Geitonia, 3076, Limassol, Cyprus, P.O.BOX 53101. Therefore, relevant changes were made to FXORO’s website and FXORO Account Documents.  

2016 June 26

Due to uncertainty in the markets and the increasing volatility, at the market opening on the 26th of June, all spreads are set as floating until conditions will resume stability.

 

2016 June 14

In order to improve your trading experience at FXORO, we are pleased to announce the new Indices names that were launched on 09/06/2016.

Indices new names design in order to help you understand better the symbol meaning and prevent confusion while trading. 

The characteristics of the new symbols are specified in the following table:  

 

Old Symbol

New Symbol

AEX

AEX25

ASX

AUS200

CAC

FRA40

DAX

GER30

DOW

US30

DJXX

EUR50

FTSE

UK100

MIB

IT40

HANG

HK50

IBEX

SPA35

NSDQ

NAS100

NK

JPN225

RUSS

US2000

SP

US500

SMI

SWI20

USNDX

USDX

 

All trading conditions remain the same.

Contract expiration dates will be change as well, the new format below:

 

January= F

February=G

March= H

April= J

May= K

June= M

July= N

August= Q

September=U

October= V

November=X

December=Z

 

 

2016 June 10

 

In light with our previous announcement and with the upcoming market events, we would like to bring to your attention that during events such as the upcoming Brexit referendum, market movements can be significant, leading to the potential for large profits, but also large losses. 

To help ensure our customers are more protected from such movements, we will be temporarily lowering the maximum leverage available on GBP instruments to 20:1 and EUR instruments to 50:1 after the market close on June 17, 2016. 

The affected instruments will return to prior leverage levels after the market close on June 24, 2016. 

 

  • EUR instruments: 

EURUSD, EURJPY, EURCHF, EURAUD, EURCAD, EURNZD, EURTRY, EURPLN, EURCZK, EURHUF, EURNOK, EURSEK, EURDKK, EURZAR, EURILS, AEX, CAC, DAX, DJXX, IBEX, MIB

  • GBP instruments: 

  • GBPUSD, GBPCHF, GBPAUD, GBPCAD, GBPJPY, GBPNZD, EURGBP, GBPTRY, FTSE

 

As a result of this change, you may need to close trades or add funds to your account or risk a possible margin closeout if you currently have an open GBP or EUR positions with higher levels of leverage and do not have enough funds in your account to cover the increased margin requirements.

Margin rates on pairs not containing GBP or EUR will not be affected.

Moreover, we would like to inform you that depending on the next weeks market evolutions the margin requirements can be increased again, maximal volumes may be decreased and some symbols/order types may not be available for trading for short periods of time. 

 

2016 June 05

The climate of uncertainty surrounding the upcoming referendum on 23 June in the United Kingdom, staying in the European Union, could generate an increase in volatility and instability in financial markets including possibilities of significant price gaps and periods of illiquidity.

It is important that you are aware of the potential risk of this upcoming event, and that you are both prepared and positioned properly as the date approaches.

If you have open positions we are strongly suggesting not to over leverage yourself, and to exercise care, diligence and discipline in your investment and trading.

Please check your account to make sure you have sufficient free margin to support your open positions, so you should make sure that margin collateral is properly managed before and during periods of heightened volatility. 

We would also like to stress that Stop Loss orders are not guaranteed to be filled at your order level: Stop orders are converted to Market orders once triggered, and dislocations in available liquidity could result in significant slippage on Stop orders.

If you have any questions, don't hesitate to contact our support team.  Please also note that, depending on market conditions, the margin requirements for the same financial instruments or for other instruments are subject to change at any time, following appropriate notice. 

Trading FOREX/ CFDs involves considerable risk of loss of the entire investment. Read more

2016 May 30

FXORO is happy to announce the launch of a TV campaign, for more information on the terms and conditions please click here.

2016 May 16

Hello,

Please note that in observance of Whit Monday in Europe on the on 16/5/2016, the following instruments will be closed:

* DAX

* SMI

* German Shares 

The above schedule may be subject to change.

All other financial instruments will not be affected by the changes and will be available for trading during normal trading hours.

2016 May 17

Certain changes have been made to the FXORO Trading Terms and Conditions.

2016 April 13

Certain changes have been made to the FXORO Trading Terms and Conditions.

2016 March 08

Transactions costs and rollover swaps document has been updated and certain changes have been made to the FXORO Trading Terms and Conditions.

2016 February 25

Certain changes will be made to FXORO Terms and Conditions.

2016 February 17

New section of available documents is provided to clients. Please see for full details Supporting Documents

2016 January 13

Certain changes will be made to FXORO Terms and Conditions.

2016 January 01

Certain changes will be made to FXORO Terms and Conditions as well as to the risk notice

2015 December 24

Due changes in 2016. Read more.

2015 December 06

Certain changes will be made to FXORO Risk Warning Notice. For more information click here.

2015 August 31

Certain changes will be made to FXORO Terms & Conditions. For more information visit the New Terms & Conditions Page

2015 May 19

Certain changes will be made to FXORO Terms & Conditions. For more information visit the New Terms & Conditions Page

2015 February 16

Certain changes will be made to FXORO Terms & Conditions. For more information visit the New Terms & Conditions Page

2014 November 26

Certain changes will be made to FXORO Terms & Conditions. For more information visit the New Terms & Conditions Page

2014 September 16

Certain changes will be made to FXORO Terms & Conditions. For more information visit the New Terms & Conditions Page.

2014 August 26

Certain changes will be made to FXORO Terms & Conditions. For more information visit the New Terms & Conditions Page.