Trading info

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

2020

End of Daylight Saving Time

Dear Client,

We would like to inform you that due to the end of Daylight Saving Time taking place on October 27th in Europe and November 3rd in the US, fxoro trading schedule will be changed in order to accommodate for the time difference.

Please note the below in order to view the trading times of the instruments affected between 27/10/2019 – 03/11/2019.

Meta Trader server time (GMT+2):

Please make sure that you have taken the hour changes into account so that it does not affect your trading.

The indicated trading hours are subject to change by the respective exchanges or liquidity providers.

Visit our Terms and Conditions page to be fully updated with all changes – http://www.fxoro.com/trading-info/.

German Unity Day 03/10/2019

In observance of the German unity day which will be held on 3 October 2019, 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.

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.

Labor Day Holiday 02/09/2019

In observance of the Labor Day Holiday which will be held on 2 September 2019, 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.

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.

UK Summer Bank Holiday 2019

In observance of the UK Summer Bank Holiday 2019, 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.

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..

Assumption Day 2019

In observance of the Assumption Day 2019, 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.

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.

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.

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.

For more information regarding the Company’s Promotions and Campaigns please refer to the relevant Trading Offers of the Company.

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.

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.

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.