Trading info

  • Contract Expirations

    Every CFD that is based on Future contract has an expiration date.

    Our traders are able to close their CFD positions until that date, but any position still open at that time will be closed by FXORO at the last available price and any existing pending orders placed on that instrument is automatically removed. 

     

    2019

    Symbol Description Start trading date Closing open
    positions only
    Forced closing of all open
    positions (expiration date)
    2019
    INDICES
    AEX25 March 19/12/2018 13/03/2019 15/03/2019
    June 13/03/2019 19/06/2019 21/06/2019
    September 19/06/2019 18/09/2019 20/09/2019
    December 18/09/2019 18/12/2019 20/12/2019
    AUS200 March 18/12/2018 19/03/2019 21/03/2019
    June 19/03/2019 18/06/2019 20/06/2019
    September 18/06/2019 17/09/2019 19/09/2019
    December 17/09/2019 17/12/2019 19/12/2019
    GER30 March 19/12/2018 13/03/2019 15/03/2019
    June 13/03/2019 19/06/2019 21/06/2019
    September 19/06/2019 18/09/2019 20/09/2019
    December 18/09/2019 18/12/2019 20/12/2019
    FRA40 March 19/12/2018 13/03/2019 15/03/2019
    June 13/03/2019 19/06/2019 21/06/2019
    September 19/06/2019 18/09/2019 20/09/2019
    December 18/09/2019 18/12/2019 20/12/2019
    US30 March 19/12/2018 13/03/2019 15/03/2019
    June 13/03/2019 19/06/2019 21/06/2019
    September 19/06/2019 18/09/2019 20/09/2019
    December 18/09/2019 18/12/2019 20/12/2019
    EUR50 March 19/12/2018 13/03/2019 15/03/2019
    June 13/03/2019 19/06/2019 21/06/2019
    September 19/06/2019 18/09/2019 20/09/2019
    December 18/09/2019 18/12/2019 20/12/2019
    UK100 March 19/12/2018 13/03/2019 15/03/2019
    June 13/03/2019 19/06/2019 21/06/2019
    September 19/06/2019 18/09/2019 20/09/2019
    December 18/09/2019 18/12/2019 20/12/2019
    SPA35 January 19/12/2018 16/01/2019 18/01/2019
    February 16/01/2019 13/02/2019 15/02/2019
    March 13/02/2019 13/03/2019 15/03/2019
    April 13/03/2019 17/04/2019 19/04/2019
    May 17/04/2019 15/05/2019 17/05/2019
    June 15/05/2019 19/06/2019 21/06/2019
    July 19/06/2019 17/07/2019 19/07/2019
    August 17/07/2019 14/08/2019 16/08/2019
    September 14/08/2019 18/09/2019 20/09/2019
    October 18/09/2019 16/10/2019 18/10/2019
    November 16/10/2019 13/11/2019 15/11/2019
    December 13/11/2019 18/12/2019 20/12/2019
    NAS100 March 19/12/2018 13/03/2019 15/03/2019
    June 13/03/2019 19/06/2019 21/06/2019
    September 19/06/2019 18/09/2019 20/09/2019
    December 18/09/2019 18/12/2019 20/12/2019
    JPN225 March 11/12/2018 05/03/2019 07/03/2019
    June 05/03/2019 11/06/2019 13/06/2019
    September 11/06/2019 10/09/2019 12/09/2019
    December 10/09/2019 10/12/2019 12/12/2019
    US2000 March 19/12/2018 13/03/2019 15/03/2019
    June 13/03/2019 19/06/2019 21/06/2019
    September 19/06/2019 18/09/2019 20/09/2019
    December 18/09/2019 18/12/2019 20/12/2019
    US500 March 19/12/2018 13/03/2019 15/03/2019
    June 13/03/2019 19/06/2019 21/06/2019
    September 19/06/2019 18/09/2019 20/09/2019
    December 18/09/2019 18/12/2019 20/12/2019
    IT40 March 19/12/2018 13/03/2019 15/03/2019
    June 13/03/2019 19/06/2019 21/06/2019
    September 19/06/2019 18/09/2019 20/09/2019
    December 18/09/2019 18/12/2019 20/12/2019
    SWI20 March 19/12/2018 13/03/2019 15/03/2019
    June 13/03/2019 19/06/2019 21/06/2019
    September 19/06/2019 18/09/2019 20/09/2019
    December 18/09/2019 18/12/2019 20/12/2019
    USDX March 14/12/2018 14/03/2019 18/03/2019
    June 14/03/2019 13/06/2019 17/06/2019
    September 13/06/2019 12/09/2019 16/09/2019
    December 12/09/2019 12/12/2019 16/12/2019
    COMMODITIES
    BRENT January 29/10/2018 28/11/2018 30/11/2018
    February 28/11/2018 26/12/2018 28/12/2018
    March 26/12/2018 29/01/2019 31/01/2019
    April 29/01/2019 26/02/2019 28/02/2019
    May 26/02/2019 27/03/2019 29/03/2019
    June 27/03/2019 26/04/2019 30/04/2019
    July 26/04/2019 29/05/2019 31/05/2019
    August 29/05/2019 26/06/2019 28/06/2019
    September 26/06/2019 29/07/2019 31/07/2019
    October 29/07/2019 28/08/2019 30/08/2019
    November 28/08/2019 26/09/2019 30/09/2019
    December 26/09/2019 29/10/2019 31/10/2019
    OIL January 16/11/2018 17/12/2018 19/12/2018
    February 17/12/2018 18/01/2019 22/01/2019
    March 18/01/2019 18/02/2019 20/02/2019
    April 18/02/2019 18/03/2019 20/03/2019
    May 18/03/2019 22/04/2019 22/04/2019
    June 22/04/2019 17/05/2019 21/05/2019
    July 17/05/2019 18/06/2019 20/06/2019
    August 18/06/2019 18/07/2019 22/07/2019
    September 18/07/2019 16/08/2019 20/08/2019
    October 16/08/2019 18/09/2019 20/09/2019
    November 18/09/2019 18/10/2019 22/10/2019
    December 18/10/2019 18/11/2019 20/11/2019
    NGAS January 26/11/2018 24/12/2018 27/12/2018
    February 24/12/2018 25/01/2019 29/01/2019
    March 25/01/2019 22/02/2019 26/02/2019
    April 22/02/2019 25/03/2019 27/03/2019
    May 25/03/2019 24/04/2019 26/04/2019
    June 24/04/2019 27/05/2019 29/05/2019
    July 27/05/2019 24/06/2019 26/06/2019
    August 24/06/2019 25/07/2019 29/07/2019
    September 25/07/2019 26/08/2019 28/08/2019
    October 26/08/2019 24/09/2019 26/09/2019
    November 24/09/2019 25/10/2019 29/10/2019
    December 25/10/2019 22/11/2019 26/11/2019
    COPPER March 25/12/2018 25/03/2019 27/03/2019
    May 25/03/2019 27/05/2019 29/05/2019
    July 27/05/2019 25/07/2019 29/07/2018
    September 25/07/2019 24/09/2019 26/09/2019
    December 24/09/2019 25/12/2019 27/12/2019
    COFFEE March 14/12/2018 15/03/2019 19/03/2019
    May 15/03/2019 16/05/2019 20/05/2019
    July 16/05/2019 17/07/2019 19/07/2019
    September 17/07/2019 16/09/2019 18/09/2019
    December 16/09/2019 16/12/2019 18/12/2019
    SUGAR March 28/09/2018 25/02/2019 28/02/2019
    May 25/02/2019 26/04/2019 30/04/2019
    July 26/04/2019 26/06/2019 28/06/2019
    October 26/06/2019 26/09/2019 30/09/2019

     

  • Holidays

    US President's Day Trading Hours February 18, 2019

    Below you can find US President's Day trading hours.
    Please make sure that you are aware of the changes and closures so that they do not affect your trading.

    Instrument Monday, February 18 Tuesday, February 19
    OIL 01:01 - 19:59 (Early Close) Regular
    NGAS 01:01 - 19:59 (Early Close) Regular
    GOLD 01:01 - 19:59 (Early Close) Regular
    SILVER 01:01 - 19:59 (Early Close) Regular
    PLATINUM 01:01 - 19:59 (Early Close) Regular
    COPPER 01:01 - 19:59 (Early Close) Regular
    US30 01:01 - 19:59 (Early Close) Regular
    NAS100 01:01 - 19:59 (Early Close) Regular
    US500 01:01 - 19:59 (Early Close) Regular
    JPN225 01:01 - 19:59 (Early Close) Regular
    US2000 03:01 - 19:59 (Early Close) Regular
    USDX 03:01 - 19:59 (Early Close) Regular
    CORN Closed Regular
    WHEAT Closed Regular
    SBEAN Closed Regular
    COFFEE Closed Regular
    SUGAR Closed Regular
    US Stocks Closed Regular



    The above schedule may be subject to change. The times mentioned above are in GMT+2 (server time). FXORO may switch trading on low-liquidity instruments to close-only mode or close all trading for specific instruments, if deemed necessary.

  • Orders and Executions

    MARKET ORDERS

    A Market Order allows the trader enter the market immediately but in the case the market becomes very volatile, there is no guarantee that the order will be executed. FXORO re-quotes orders if they have not been filled, therefore in the case the order has not been filled at the required price, the order will be re-quoted. 

     

    LIMIT ORDERS

    A Limit Order allows the trader to enter the market at some time in the future and is filled at the price requested or might even be better in some occasions than the one requested.

     

    STOP ORDERS

    Stop Orders guarantee execution, but not a particular price. Due to volatility, a stop order might get filled at a different price than the one requested and this is referred to as slippage.

     

    SLIPPAGE

    Slippage is usually seen during periods of extremely high volatility and generally occurs during key news releases or during off market hours and occurs both in the different markets. It may be impossible to execute an order at the requested price. In this event, FXORO has the right to execute the Stop Loss Order at the first available price (“Slippage”) based on the nearest possible price. This does no affect the "Negative Balance Protection" policy therefore ensuring the trader never to owe more than what has been invested.

  • Negative Balance Protection

    This is a legally binding policy which guarantees that our customers’ accounts could not go into minus, so traders will never lose more than they’ve invested, even in cases of extraordinary volatility.

     

    FXORO developed a cutting edge technology allowing their traders to get to an exposure coverage down to 0 and therefore be able to trade till they have enough equity in their account. If for any reason the customer is exposed to more than what he invested, FXORO should bear the loss from the execution done in the market to the Zero Value Margin level.

     

  • Inactive accounts

    After three (3) consecutive months of non-use ("Inactivity Period"), and every successive Inactivity Period, an inactivity fee will be deducted from the Customer’s trading account. This fee is $25 or its equivalent amount according to customer relevant currency based account (EUR Account: €25, GBP Account: £25, CHF Account: CHF25).
    Fee should be taken from customers without open positions who didn’t trade for 3 months. (3 months from the time they closed their last position).
    The fee will be discontinued the moment the account is no longer deemed inactive, following new trade order for example. The deductions will be executed until the account balance is zero. There will be no charge if the free balance is zero. Accounts with a zero free balance may also be closed.

  • Deposits & Withdrawals

    Deposits

    Methods Currency Fees/Commission
    CREDIT CARDS
    VISA
    Mastercard
    Maestro
    EUR,USD,GBP,CHF Covered by FXORO


    BANK WIRE
    Bank Wire Transfers USD,EUR,GBP,CHF Covered by FXORO
    E-WALLETS
    Skrill USD,EUR,GBP Covered by FXORO
    Neteller USD, EUR, GBP Covered by FXORO
    Wire2pay USD Covered by FXORO

    Withdrawals

    Methods Currency Fees/Commission
    CREDIT CARDS
    VISA
    Mastercard
    Maestro
    EUR,USD,GBP,CHF 5 EUR, USD, GBP, CHF*


    BANK WIRE
    Bank Wire Transfers USD,EUR,GBP,CHF 1 - 10.000 / Up to 50
    10.000 - 50.000 / 75
    More than 50.000 / 140

    USD,EUR,GBP,CHF *
    E-WALLETS
    Skrill USD,EUR,GBP 5 USD,EUR,GBP*
    Neteller USD, EUR, GBP 15 USD, EUR, GBP *
    Wire2pay USD 5 USD + 10%**

     

    Important Notes

    *Currency depends on the correspondent currency in your trading account

    ** According to the withdrawal amount.
    FXORO allows its customers to withdraw their funds instantly from their account by having these removed from their trading equity. In the case that positions are still opened, the funds entitled to be withdrawn can reach up to 75% of the free margin.

  • Earning Calendar

    Margin requirements for shares with an upcoming company earnings report, may be increased 3 business days prior to the corporate event and may remain in effect after the corporate event at FXORO’s sole discretion. For the duration of the affected period, the Company reserves the right to change the margin requirements for all existing and new trades. In order to familiarize yourself with the new margin requirements, please refer to the table below.

    FXORO clients remain fully responsible for monitoring both the required margin of their account(s) and free margin prior, during and after the affected period. Consequently, FXORO clients understand and accept that this may result in their account(s) incurring a margin call and/or stop out. Note: The expected release dates of corporate events, such as company earnings reports, are subject to change without notice. Times/dates on the Earnings Calendar refer to GMT+2, unless indicated otherwise.

     

    Share Market Earnings Date
    Aurora Shares-US 11/02/2019
    Eni Shares - Italy 11/02/2019
    Tilray Shares-US 12/02/2019
    Cisco Shares-US 13/02/2019
    Nvidia Shares-US 14/02/2019
    Commerzbank Shares - Germany 14/02/2019
    puma Shares - Germany 14/02/2019
    Canopy Shares-US 14/02/2019
    Coca-Cola Shares-US 14/02/2019
    Allianz Group Shares - Germany 15/02/2019
    Pepsi Shares-US 15/02/2019
    Walmart Shares-US 19/02/2019
    Tenaris Shares - Italy 20/02/2019
    Telecom Italia Shares - Italy 21/02/2019
    Luxottica Shares - Italy 25/02/2019
    BASF Shares - Germany 26/02/2019
    Bayer Shares - Germany 27/02/2019
    Moncler Shares - Italy 28/02/2019

  • Corporate action

     

    A corporate action is an event initiated by a public company that affects the securities (equity or debt) issued by the company. Corporate actions include distribution of dividends, consolidation, split, rights offering, and any other event which materially affects or may materially affect the shares’ price (including material company announcements, takeovers, mergers, insolvency etc.).

     


    Upon the occurrence of a Corporate Action in a specific share, FXORO shall liquidate any open position(s) and remove any limit order(s) in the CFD which quotes the specific share. 

      

    Share Market Type Date (GMT+2)
    Starbucks Shares - US Cash Dividend 05/02/2019 23:55
    Intel Shares - US Cash Dividend 05/02/2019 23:55
    Apple Shares - US Cash Dividend 07/02/2019 23:55
    Exxon Mobil Shares - US Cash Dividend 07/02/2019 23:55
    Visa Shares - US Cash Dividend 13/02/2019 23:55
    Chevron Shares - US Cash Dividend 13/02/2019 23:55
    Microsoft Shares - US Cash Dividend 19/02/2019 23:55
    Johnson&Johnson Shares - US Cash Dividend 22/02/2019 23:55
    Goldman Sachs Shares - US Cash Dividend 26/02/2019 23:55
    McDonald's Shares - US Cash Dividend 27/02/2019 23:55
    Bank Of America Shares - US Cash Dividend 27/02/2019 23:55