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. 

     

     

    Symbol Description Start trading date closing open
    positions only
    Forced closing of all open
    positions (expiration date)
    2018
    INDICES
    AEX25 March 12/12/2017 14/03/2018 16/03/2018
    June 14/03/2018 13/06/2018 15/06/2018
    September 13/06/2018 26/09/2018 28/09/2018
    December 26/09/2018 19/12/2018 21/12/2018
    AUS200 March 24/12/2017 13/03/2018 15/03/2018
    June 13/03/2018 19/06/2018 21/06/2018
    September 19/06/2018 18/09/2018 20/09/2018
    December 18/09/2018 18/12/2018 20/12/2018
    GER30 March 11/12/2017 14/03/2018 16/03/2018
    June 12/03/2018 13/06/2018 15/06/2018
    September 11/06/2018 19/09/2018 21/09/2018
    December 17/09/2018 19/12/2018 21/12/2018
    FRA40 March 11/12/2017 14/03/2018 16/03/2018
    June 12/03/2018 13/06/2018 15/06/2018
    September 11/06/2018 19/09/2018 21/09/2018
    December 17/09/2018 19/12/2018 21/12/2018
    US30 March 11/12/2017 14/03/2018 16/03/2018
    June 12/03/2018 13/06/2018 15/06/2018
    September 11/06/2018 19/09/2018 21/09/2018
    December 17/09/2018 19/12/2018 21/12/2018
    EUR50 March 11/12/2017 14/03/2018 16/03/2018
    June 12/03/2018 13/06/2018 15/06/2018
    September 11/06/2018 19/09/2018 21/09/2018
    December 17/09/2018 19/12/2018 21/12/2018
    UK100 March 11/12/2017 14/03/2018 16/03/2018
    June 12/03/2018 13/06/2018 15/06/2018
    September 11/06/2018 19/09/2018 21/09/2018
    December 17/09/2018 19/12/2018 21/12/2018
    HK50 January 26/12/2017 29/01/2018 30/01/2018
    February 29/01/2018 26/02/2018 27/02/2018
    March 26/02/2018 26/03/2018 28/03/2018
    April 26/03/2018 25/04/2018 27/04/2018
    May 25/04/2018 28/05/2018 30/05/2018
    June 28/05/2018 26/06/2018 28/06/2018
    July 26/06/2018 27/07/2018 30/07/2018
    August 27/07/2018 28/08/2018 30/08/2018
    September 28/08/2018 25/09/2018 27/09/2018
    October 25/09/2018 29/10/2018 30/10/2018
    November 29/10/2018 27/11/2018 29/11/2018
    December 27/11/2018 26/12/2018 28/12/2018
    SPA35 January 13/12/2017 17/01/2018 19/01/2018
    February 17/01/2018 14/02/2018 16/02/2018
    March 14/02/2018 14/03/2018 16/03/2018
    April 14/03/2018 18/04/2018 20/04/2018
    May 18/04/2018 16/05/2018 18/05/2018
    June 16/05/2018 13/06/2018 15/06/2018
    July 13/06/2018 18/07/2018 20/07/2018
    August 18/07/2018 15/08/2018 17/08/2018
    September 15/08/2018 19/09/2018 21/09/2018
    October 19/09/2018 17/10/2018 19/10/2018
    November 17/10/2018 14/11/2018 16/11/2018
    December 14/11/2018 19/12/2018 21/12/2018
    NAS100 March 11/12/2017 14/03/2018 16/03/2018
    June 12/03/2018 13/06/2018 15/06/2018
    September 11/06/2018 19/09/2018 21/09/2018
    December 17/09/2018 19/12/2018 21/12/2018
    JPN225 March 06/12/2017 06/03/2018 08/03/2018
    June 06/03/2018 05/06/2018 07/06/2018
    September 05/06/2018 11/09/2018 13/09/2018
    December 11/09/2018 11/12/2018 13/12/2018
    US2000 March 11/12/2017 14/03/2018 16/03/2018
    June 12/03/2018 13/06/2018 15/06/2018
    September 11/06/2018 19/09/2018 21/09/2018
    December 17/09/2018 19/12/2018 21/12/2018
    US500 March 11/12/2017 14/03/2018 16/03/2018
    June 12/03/2018 13/06/2018 15/06/2018
    September 11/06/2018 19/09/2018 21/09/2018
    December 17/09/2018 19/12/2018 21/12/2018
    IT40 March 11/12/2017 14/03/2018 16/03/2018
    June 12/03/2018 13/06/2018 15/06/2018
    September 11/06/2018 19/09/2018 21/09/2018
    December 17/09/2018 19/12/2018 21/12/2018
    SWI20 March 11/12/2017 14/03/2018 16/03/2018
    June 12/03/2018 13/06/2018 15/06/2018
    September 11/06/2018 19/09/2018 21/09/2018
    December 17/09/2018 19/12/2018 21/12/2018
    USDX March 13/12/2017 16/03/2018 19/03/2018
    June 14/03/2018 15/06/2018 18/06/2018
    September 13/06/2018 14/09/2018 17/09/2018
    December 12/09/2018 14/12/2018 17/12/2018
    COMMODITIES
    BRENT January 29/10/2017 28/11/2017 30/11/2017
    February 28/11/2017 26/12/2017 28/12/2017
    March 26/12/2017 29/01/2018 31/01/2018
    April 29/01/2018 26/02/2018 28/02/2018
    May 26/02/2018 27/03/2018 29/03/2018
    June 27/03/2018 27/04/2018 30/04/2018
    July 27/04/2018 29/05/2018 31/05/2018
    August 29/05/2018 27/06/2018 29/06/2018
    September 27/06/2018 27/07/2018 31/07/2018
    October 27/07/2018 29/08/2018 31/08/2018
    November 29/08/2018 26/09/2018 28/09/2018
    December 26/09/2018 29/10/2018 31/10/2018
    OIL January 17/11/2017 18/12/2017 19/12/2017
    February 18/12/2017 19/01/2018 22/01/2018
    March 19/01/2018 16/02/2018 20/02/2018
    April 16/02/2018 16/03/2018 20/03/2018
    May 16/03/2018 18/04/2018 20/04/2018
    June 18/04/2018 18/05/2018 22/05/2018
    July 18/05/2018 18/06/2018 20/06/2018
    August 18/06/2018 18/07/2018 20/07/2018
    September 18/07/2018 17/08/2018 21/08/2018
    October 17/08/2018 18/09/2018 20/09/2018
    November 18/09/2018 19/10/2018 22/10/2018
    December 19/10/2018 16/11/2018 19/11/2018
    NGAS January 24/11/2017 25/12/2017 27/12/2017
    February 25/12/2017 26/01/2018 29/01/2018
    March 26/01/2018 23/02/2018 26/02/2018
    April 23/02/2018 23/03/2018 27/03/2018
    May 23/03/2018 24/04/2018 26/04/2018
    June 24/04/2018 25/05/2018 29/05/2018
    July 25/05/2018 25/06/2018 27/06/2018
    August 25/06/2018 25/07/2018 27/07/2018
    September 25/07/2018 27/08/2018 29/08/2018
    October 27/08/2018 24/09/2018 26/09/2018
    November 24/09/2018 26/10/2018 29/10/2018
    December 26/10/2018 26/11/2018 28/11/2018
    COPPER January 25/12/2017 26/01/2018 29/01/2018
    March 29/01/2018 23/03/2018 27/03/2018
    May 23/03/2018 25/05/2018 29/05/2018
    July 25/05/2018 25/07/2018 27/07/2018
    September 25/07/2018 24/09/2018 26/09/2018
    December 24/09/2018 25/12/2018 27/12/2018
    COFFEE March 15/12/2017 16/03/2018 19/03/2018
    May 16/03/2018 16/05/2018 18/05/2018
    July 16/05/2018 17/07/2018 19/07/2018
    September 17/07/2018 14/09/2018 18/09/2018
    December 14/09/2018 14/09/2018 18/12/2018
    SUGAR March 27/09/2017 26/02/2018 28/02/2018
    May 26/02/2018 27/04/2018 30/04/2018
    July 27/04/2018 27/06/2018 29/06/2018
    October 27/06/2018 28/09/2018 01/10/2018
    CORN March 12/12/2017 12/03/2018 14/03/2018
    May 12/03/2018 11//05/2018 14/05/2018
    July 11//05/2018 11/07/2018 13/07/2018
    September 11/07/2018 12/09/2018 14/09/2018
    December 12/09/2018 12/12/2018 14/12/2018
    SBEAN January 12/12/2017 10/01/2018 12/01/2018
    March 10/01/2018 12/03/2018 14/03/2018
    May 12/03/2018 11/05/2018 14/05/2018
    July 11/05/2018 11/07/2018 13/07/2018
    August 11/07/2018 10/08/2018 14/08/2018
    September 10/08/2018 12/09/2018 14/09/2018
    November 12/09/2018 12/11/2018 14/11/2018
    WHEAT March 12/12/2017 12/03/2018 14/03/2018
    May 12/03/2018 11/05/2018 14/05/2018
    July 11/05/2018 11/07/2018 13/07/2018
    September 11/07/2018 12/09/2018 14/09/2018
    December 12/09/2018 12/12/2018 14/12/2018

     

  • Holidays

    Russia Day Trading Holiday 2018

    Please note that in observance of the upcoming national holiday- Russia Day, trading hours of various instruments will be affected.
    Please make sure that you are aware of the changes and closures so that they do not affect your trading.

     

    Russia Day 2018
    Instrument Monday, June 11 Tuesday, June 12 Wednesday, June 13
    Currencies - RUB Closed Closed Regular



    Visit our Holidays page to be fully updated with all changes- http://www.fxoro.com/about/trading-info/

    The above schedule may be subject to change. All other financial instruments will not be affected by the holiday, however, there may be times of low liquidity and wider spreads during the holiday. FXORO reserves the right to enable “Close Only” or even disable trading on instruments with low liquidity without prior notice, 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.

  • Withdrawal policy

    FXORO is proud to be one of the only brokers allowing their traders 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.

     

    The funds are then processed quite rapidly by the back office team and transferred to the trader after verification.

     

    Funds that have been deposited by credit card are first returned entirely to the same credit card while any amount that surpasses the amount invested will be wired by wire transfer.

     

    In the case that the withdrawal is done by a bank wire transfer, the amount withdrawn is subject to a $20 fee.

      

  • 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
    Tesla Shares - US 02/05/2018
    Adidas Shares - Germany 03/05/2018
    Bayer Shares - Germany 03/05/2018
    Alibaba Shares - US 04/05/2018
    Basf Shares - Germany 04/05/2018
    BMW Shares - Germany 04/05/2018
    BNP Paribas Shares - France 04/05/2018
    Societe Generale Shares - France 04/05/2018
    E.ON Shares - Germany 08/05/2018
    Deutsche Post Shares - Germany 08/05/2018
    Siemens Shares - Germany 09/05/2018
    Credit Agricole Shares - France 15/05/2018
    Allianz Shares - Germany 15/05/2018
    Commerzbank Shares - Germany 15/05/2018
    Cisco Shares - US 16/05/2018

  • 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)
    Total Shares - France Cash Dividend 08/06/2018 23:55
    Telefonica Shares - Spain Cash Dividend 12/06/2018 23:55
    Coca-Cola Shares - US Cash Dividend 13/06/2018 23:55
    Snam Shares - Italy Cash Dividend 15/06/2018 23:55
    STMicroelectronics Shares - Italy Cash Dividend 15/06/2018 23:55
    Terna Shares - Italy Cash Dividend 15/06/2018 23:55
    Repsol Shares - Spain Cash Dividend 15/06/2018 23:55
    Renault Shares - France Cash Dividend 20/06/2018 23:55
    Red Electrica Shares - Spain Cash Dividend 27/06/2018 23:55