Thread: FXOpen News

Easter 2018: Changes to Trading Hours

Dear Traders!
Due to the celebration of Easter on Sunday, April 1, 2018 you will experience the following changes to trading hours.
Thursday, March 29th

• Australia 200 (#AUS200) - trading ends at 16:00 GMT+3
  
• All other financial instruments will be traded without changes.

Friday, March 30th

• Forex pairs will be traded without changes.
  
• CFDs (metals, indices, energies) will not be traded. Trading will be closed all day.

Monday, April 2nd

• Forex pairs will be traded without changes.
  
• Commodities (metals, oil, gas) will be traded without changes.
  
• Indices:
  
  • Australia 200 (#AUS200) - trading closed
    
  • Europe 50 (#ESX50) - trading closed
    
  • France 40 (#FCHI) - trading closed
    
  • Germany 30 (#GDAXI) - trading closed
    
  • Germany 30 Mini (#GDAXIm) - trading closed
    
  • UK 100 (#UK100) - trading closed
    
  • All other indices will be traded as usual,without changes.

Crypto cur
rencies will be traded as usual without changes.
Please, take these changes into consideration when planning your trading activities during the upcoming week.

Source: FXOpen news

FXOpen Wishes you a Blessed and Happy Easter!

FXOpen Reduces SWAP on Crypto Accounts down to 10%


Dear Traders,
FXOpen is glad to announce, that we have reduced SWAP for Crypto accounts from 18% down to 10%per annum.
Crypto-accounts from FXOpen offer traders the opportunity to trade the most popular cryptocurrencies like Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Dash (DSH), Ripple (XRP), Monero (XMR), IOTA, EOS, NEO, OMNI in the form of CFDs without having to hold any cryptocurrency directly.
Other benefits of Crypto-accounts include:

• True ECN environment without the conflict of interest between the trader and the broker;
  
• Low spreads and commissions;
  
• No limits on hedging, scalping and all kinds of Expert Advisors to automate your strategy;
  
• Deposits and withdrawals in major FIAT and cryptocurrencies with low commission.

Source: FXOpen news

Win Bitcoin, Litecoin, Ethrereum, Tether, Emercoin! Join a free demo contest "The Lord of the Crypto"!


Do you prefer crypto to traditional currencies? ForexCup and FXOpen broker once again have a challenge for you to try your strength in cryptocurrency trading.
“The Lord of the Crypto” is a free demo contest for crypto fans. The journey for the win will last for four weeks between May 7 and June 1. You will find awesome prizes on arrival with a total amount equivalent to 3,000 USD. You can trade 39 crypto pairs with Bitcoin, Litecoin, Ethereum, Dash, Emercoin Namecoin, Peercoin, Bitcoin Cash, Ripple, EOS, IOTA, Ethereum Classic, Monero, NEO, OMNI.




What you should know about the contest:

• dates: May 7 - June 1, 2018;
  
• registration is already open and will last until May 20, 2018;
  
• prize fund: 3,000 USD;
  
• number of winners: 10.

Prize money:

The prize money will be added to your account in any cryptocurrency available with FXOpen at the exchange rate at the moment of prize crediting or in USD.
Please note that 50% of prize cannot be withdrawn and is intended only for trading on Crypto accounts. To get the money, you will have to open a Crypto account by yourself and email us its number at [email protected]. The profit from trading can be withdrawn at any time via any payment system available with FXOpen. You should also pay attention to the competition rules, violation of which would lead to disqualification.

• 1st place - 1050 USD (525+525);
  
• 2d place - 750 USD (525+525);
  
• 3d place - 300 USD (150+150);
  
• 4th place - 240 USD (120+120);
  
• 5th place - 180 USD (90+90);
  
• 6th place - 150 USD (75+75);
  
• 7th place - 120 USD (60+60);
  
• 8th place - 90 USD (45+45);
  
• 9th place - 60 USD (30+30);
  
• 10th place - 60 USD (30+30).

Source: FXOpen news

Changes in CFD Trading on May 1, 2018

Dear Traders,
Due to a public holiday in Europe on May 1, 2018, the following indices will not be traded:

• Europe 50 - trading closed;
  
• France 40 - trading closed;
  
• Germany 30 - trading closed;
  
• Germany 30 (Mini) - trading closed.

All other financial instruments will be traded without changes.
Source: FXOpen news

Changes in CFD trading on May 28th

Dear Traders,
Due to the US Memorial Day and UK Spring Bank Holiday on May 28th you will experience the following changes in the trading hours schedule:

• Forex pairs: no changes;
  
• Metalls: trading closes at 20:00 GMT +3;
  
• Oil and Gas: trading closes at 19:45;
  
• Indices:
  
  • Japan 225: trading closes at 20:00;
    
  • US SPX 500: trading closes at 20:00;
    
  • US SPX 500 (Mini): trading closes at 20:00;
    
  • US Tech 100: trading closes at 20:00;
    
  • US Tech 100 (Mini): trading closes at 20:00;
    
  • Wall Street 30: trading closes at 20:00;
    
  • Wall Street 30 (Mini): trading closes at 20:00;
    
  • UK 100: trading is closed.

Please, consider these changes when planning your trading activities for the following week.

Source: FXOpen_news

FXOpen Adds New Pairs with EOS to Crypto Accounts

FXOpen enhances the range of financial instruments by adding new pairs with EOS to Crypto accounts: EOSUSD, EOSEUR, EOSJPY and EOSGBP.

EOS is a new blockchain platform designed to enable vertical and horizontal scaling of decentralized applications. This is achieved by creating an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication, and the scheduling of applications across many of CPU cores or clusters. The technology is a blockchain architecture that may ultimately scale to millions of transactions per second, eliminates user fees, and allows for quick and easy deployment and maintenance of decentralized applications, in the context of a governed blockchain.

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According to CoinMarketCap, EOS is the fourth largest altcoin with $9.32B market cap.

With the latest additions, FXOpen now offers the total of 43 currency pairs on Crypto accounts. Ripple, Bitcoin Cash, Ethereum Classic, Monero, NEO, EOS, IOTA and OMNI can be traded against USD Dollar, EURO and Bitcoin. 1 lot typically equals 1 unit of XRP, BCH, EMR or other respective base currency. Margin call is 30% and Stop Out – 15%.

Source: FXOpen_news

FXOpen Compensates 100 % of the commission for deposits

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FXOpen is pleased to announce a summer promotion that will let traders save money. From June 25 to August 31, the broker will be covering 100% of the commission to all company's clients for making deposits to their accounts via any payment system available (except for Bank Wire Transfer). You can check Payments → Funding options section to see the complete list of deposit options.
Now you can avoid additional costs and save money for trading or further investment. Try out our trading instruments such as CFDs and PAMM Service.

Source: FXOpen_news

Both bitcoin and litecoin are trading only a few percentage points above the 2018 lows. Bitcoin is quoted at $6,075 dollars right now, down by $625 dollars or 9.3 percent. Litecoin is trading at $77.31 dollars, down by $20 and almost 21% in percentage terms.
Bitcoin Floats Above 2018 Lows

Bitcoin hit a new yearly low of $5,766 on Sunday but we got a fairly quick rebound from here. In the next few days the dead-cat bounce took us to $6,326 dollars but as you can see on the chart below a lot of those gains have since faded.

We are still in a downtrend on the daily charts. To end it we need a breakout above $6,840 dollars per coin. A new rally, however, requires a break of the $7,775 resistance as well. Higher up there’s more resistance at $8,590 and 8,880 dollars per coin. The $10,000 round figure is another notable resistance level.

Continue reading...

Changes to CFD Trading on Independence Day

Dear clients,
Please note that due to Independence Day celebrated in the USA on 4 July 2018 you may experience the following changes in trading hours on July 3rd and 4th.
Tuesday, July 3rd

Forex: normal trading hours;
Metals: normal trading hours;
Indices:

• Japan 225 trading ends at 20:15 GMT+3;
  
• US SPX 500 trading ends at 20:15 GMT+3;
  
• US SPX 500 (Mini) trading ends at 20:15 GMT+3;
  
• US Tech 100 trading ends at 20:15 GMT+3;
  
• US Tech 100(Mini) trading ends at 20:15 GMT+3;
  
• Wall Street 30 trading ends at 20:15 GMT+3;
  
• Wall Street 30 (Mini) trading ends at 20:15 GMT+3.

All other indices will be traded without changes.
Wednesday, July 4th

Currency pairs: normal trading hours;
Metals: trading ends at 20:00 GMT+3;
Indices:

• Japan 225 trading ends at 20:00 GMT+3;
  
• US SPX 500 trading ends at 20:00 GMT+3;
  
• US SPX 500 (Mini) trading ends at 20:00 GMT+3;
  
• US Tech 100 trading ends at 20:00 GMT+3;
  
• US Tech 100 (Mini) trading ends at 20:00 GMT+3;
  
• Wall Street 30 trading ends at 20:00 GMT+3;
  
• Wall Street 30 (Mini) trading ends at 20:00 GMT+3.

Source: FXOpen_news

Join "PAMM School" – a Free Forex Contest!

FXOpen invites traders to join "PAMM School" - a free Forex competition for demo accounts. The prize fund of the contest is 4,000 USD. At the end of the contest, the top 20 traders will receive PAMM STP accounts and the right to join a competition on live PAMM accounts "Heroes of PAMM". The competition starts on September 3 and will last until September 28, 2018. Registration is already open.


What you should know about "PAMM School"

• Free participation;
  
• Duration: September 3 - September 28, 2018;
  
• Registration: is already open and will last until September 16;
  
• Prize fund: 4,000 USD;
  
• Initial deposit: 200 USD;
  
• Rewards: 20 best traders will get 200 USD to an investment account*;

• Requirements for getting a prize: the initial deposit has to be increased by at least20%; the minimum quantity of trades is 10;
  
• Trading instruments (including indices, oil and gas): 68;
  
• Locking: allowed;
  
• EAs: allowed;
  
• Maximum number of trades opened at a time (including pending orders): 5;
  
• Maximum trade volume: 0.01 lot
  
• Leverage: 1:100;
  
• Margin call: 100%;
  
• Stop out: 50%;
  
• Account type: demo (competition) ECN.

Please, pay attention to the competition rules and restrictions:

• One and the same participant can hit the top 20 winners and receive a prize not more than once;
  
• It’s prohibited to provide unreliable personal information;
  
• It’s prohibited for one and the same trader to participate in a competition on several accounts from one IP address, as well as to use other traders' accounts;
  
• It’s prohibited to copy other participants’ trading strategies in a competition;
  
• It’s prohibited for relatives to trade in one competition using one and the same IP address.
  

Source: FXOpen_news