Thread: FXOpen News

On November 4th MT4 Server Time Switches to GMT+2

On November 4th, 2018 FXOpen will switch its trading servers from GMT +3 to GMT +2. The GMT offset in the company’s MetaTrader platform will be set to GMT+2 starting with the market opening on Monday (November 5th, 2018).
The change will affect all types of FXOpen trading accounts.
The changing of server time should not impact your open trades or the process of opening, placing, closing and modifying orders. However, you should keep this information in mind while planning your trading activities. Also, do not forget to adjust the time settings in your Indicators and Expert Advisors accordingly.



Source: FXOpen_news

Changes to CFD Trading Hours on Thanksgiving 2018

Dear Traders,

Please note that due to the celebration of Thanksgiving in the USA trading hours on November 22-23, 2018 will be changed as follows:
Thursday, November 22rd, 2018

Forex pairs - normal trading hours;
Metals - trading ends at 20:00 (GMT+2);
Oil and Gas - trading ends at 19:45 (GMT+2);
Crypto pairs - normal trading hours;
Indices:

• Japan 225 – trading ends at 20:00 (GMT+2);
  
• US SPX 500 – trading ends at 20:00 (GMT+2);
  
• US SPX 500 (Mini) – trading ends at 20:00 (GMT+2);
  
• US Tech 100 – trading ends at 20:00 (GMT+2);
  
• US Tech 100 (Mini) – trading ends at 20:00 (GMT+2);
  
• Wall Street 30 – trading ends at 20:00 (GMT+2);
  
• Wall Street 30 (Mini) – trading ends at 20:00 (GMT+2);

All other financial instruments will be traded as usual.
Friday, November 23rd, 2018

Forex pairs - normal trading hours;
Metals - trading ends at 20:45 (GMT+2);
Oil and Gas - trading ends at 20:30 (GMT+2);
Crypto pairs - normal trading hours;
Indices:

• Japan 225 – trading ends at 20:15 (GMT+2);
  
• US SPX 500 – trading ends at 20:15 (GMT+2);
  
• US SPX 500 (Mini) – trading ends at 20:15 (GMT+2);
  
• US Tech 100 – trading ends at 20:15 (GMT+2);
  
• US Tech 100 (Mini) – trading ends at 20:15 (GMT+2);
  
• Wall Street 30 – trading ends at 20:15 (GMT+2);
  
• Wall Street 30 (Mini) – trading ends at 20:15 (GMT+2);

All other financial instruments will be traded as usual.
Please, consider these changes when planning your trading activities this week.


Source: FXOpen_news

Generally when choosing a broker we look for some structures and among these a greater leverage. It's useful from the merchant's point of view. With this structure a trader can exceed his initial trading capital. Leverage is provided by AAFX so that traders can raise their market exposure, allowing them to open positions that exceed their initial investment. The maximum leverage that an investor can obtain by trading with AAFX is up to 1 : 2000 . So we have the ability to trade at great risk here.

FXOpen will raise margin for GBP pairs on December 10th




Dear Traders,


We would like to remind you that the UK parliament will vote on the EU Withdrawal Bill on 11th December 2018. There is a high degree of uncertainty as to the outcome of the vote and all GBP currency crosses are likely to experience significant volatility with increased risk of market gaps.


Due to this FXOpen is going to increase margin requirements up to 5 times their normal values for all GBP pairs. Changes will take effect starting with the market opening on December 10th, 2018 without further notice.


We are taking this measure to reduce your risk due to the potential high volatility, rapid price movements or market gaps that may occur in case of further political escalation. Please consider this information in your trading and ensure you have sufficient funds on your account to maintain your positions.




Source: FXOpen_news

Trading Hours on Christmas and New Year 2019

Dear Traders,
Please, note the changes in trading session times on Christmas and New Year 2019.

Monday, December 24th, 2018

• Forex – normal trading hours
  
• Crypto– normal trading hours
  
• Metals– trading ends at 20:45 (GMT+2)
  
• Oil and Gas– trading ends at 20:30 (GMT+2)
  
• Indices:
  
  • Australia 200 - trading ends at 05:30 (GMT+2)
    
  • Europe 50 – trading closed
    
  • France 40 – trading ends at 15:o0 (GMT+2)
    
  • Germany 30 – trading closed
    
  • Germany 30 (Mini) – trading closed
    
  • Japan 225 – trading ends at 20:15 (GMT+2)
    
  • UK 100 – trading ends at 16:50 GMT+2)
    
  • US SPX 500 – trading ends at 20:15 (GMT+2)
    
  • US SPX 500 (Mini) – trading ends at 20:15 (GMT+2)
    
  • US Tech 100 – trading ends at 20:15 (GMT+2)
    
  • US Tech 100 (Mini) – trading ends at 20:15 (GMT+2)
    
  • Wall Street 30 – trading ends at 20:15 (GMT+2)
    
  • Wall Street 30 (Mini) – trading ends at 20:15 (GMT+2)

Tuesday, December 25th, 2018
Only crypto-pairs can be traded. All other markets are closed.

Wednesday, December 26th, 2018

• Forex, Crypto, Metals, Oil and Gas – normal trading hours
  
• Indices– trading closed.

Monday, December 31st, 2018

• Forex– normal trading hours
  
• Crypto– normal trading hours
  
• Metals– normal trading hours
  
• Oil (WTI) and Gas– normal trading hours
  
• Oil (Brent)– trading ends at 21:45 GMT+2)
  
• Indices:
  
  • Australia 200 - trading ends at 05:30 (GMT+2)
    
  • Europe 50 – trading closed
    
  • France 40 – trading ends at 15:00 (GMT+2)
    
  • Germany 30 – trading closed
    
  • Germany 30 (Mini) – trading closed
    
  • Japan 225 – normal trading hours
    
  • UK 100 – trading ends at 16:50 GMT+2)
    
  • US SPX 500 – normal trading hours
    
  • US SPX 500 (Mini) – normal trading hours
    
  • US Tech 100 –normal trading hours
    
  • US Tech 100 (Mini) – normal trading hours
    
  • Wall Street 30 – normal trading hours
    
  • Wall Street 30 (Mini) – normal trading hours

Tuesday, January 1st, 2019
Only Crypto can be traded. All other markets are closed.


Wednesday, January 2nd, 2019
Normal trading hours for all pairs.
Between December 24, 2018 and January 2, 2019 the maximum allowed leverage will be 1:100.
On January 2nd the leverage can be increased back to the normal level. STP and Micro account owners can change the leverage via Settings > Profile in My FXOpen area. ECN account owners should contact [email protected] to have their leverage reverted back to normal. For Crypto accounts leverage will remain the same as usual (1:3).
Please, consider these changes when planning your trading activities during the festive season.




Source: FXOpen_news

Changes to FXOpen Trading Hours on US Martin Luther King Day

Dear Traders,
Please note that due to the celebration of US Martin Luther King Day on Monday, January 21st, 2019 in the US trading hours for some financial instruments will be changed as follows:

• Forex pairs: normal trading hours;
  
• Metals: trading session ends at 20:00;
  
• US Crude, US Natural Gas: trading session ends at 19:45;
  
• UK Brent: normal trading hours;
  
• Indices:
  
  • Japan 225: until 20:00;
    
  • US SPX 500: until 20:00;
    
  • US SPX 500 (Mini): until 20:00;
    
  • US Tech 100: until 20:00;
    
  • US Tech 100 (Mini): until 20:00;
    
  • Wall Street 30: until 20:00;
    
  • Wall Street 30 (Mini): until 20:00.

Other indices will be traded without changes.
Please, consider this information when planning your trading for the upcoming week.

Source: FXOpen_news

Free Contest “Forex School” starts on February 4

On February 4, 2019 ForexCup and FXOpen launch a free educational contest on demo accounts “Forex School”, in which everyone can test their Forex trading skills. According to the results of the four-week competition, 16 winners will share the prize fund of 4000 USD. Do not miss your chance!


Source: FXOpen_news

Changes to Trading Schedule on US President’s Day (February 18)


Dear Clients,
Please note that due to the US President’s Day in the US, trading hours for commodities and indices on February 18, 2019 will be changed as follows:
FIAT Currency and Crypto pairs: normal trading hours.
Commodities

• Metals (Gold and Silver) – trading ends at 20:00 GMT+2;
• US Crude and US Natural Gas – trading edns at 19:45 GMT+2;
• UK Brent - normal trading hours.

Indices

• Japan 225 – trading ends at 20:00 GMT+2;
• US SPX 500 – trading ends at 20:00 GMT+2;
• US SPX 500 (Mini) – trading ends at 20:00 GMT+2;
• US Tech 100 – trading ends at 20:00 GMT+2;
• US Tech 100 (Mini) – trading ends at 20:00 GMT+2;
• Wall Street 30 – trading ends at 20:00 GMT+2.
• Wall Street 30 (Mini) – trading ends at 20:00 GMT+2.

All the other indices will be traded without changes.
Please, consider these changes when planning your trading activities on the upcoming week.


Source: FXOpen news.

FXOpen and ForexCup invite you to join a contest on real PAMM accounts "Money Managers" in order to compete for a common prize fund of USD 10,000. The best trader will get USD 5,000 in the form of investment to his/her PAMM account. For the second and third places, winners will receive USD 3,000 and USD 2,000 respectively.

JOIN THE CONTEST

Conditions of the contest
Dates: March 4 - May 31, 2019;
Registration is already open and will last until March 31;
Prize fund: USD 10,000;
Rewards*:
1st place - USD 5,000;
2nd place - USD 3,000;
3rd place - USD 2,000.
Initial deposit: any amount, but not less than the minimum amount for opening a PAMM account (for PAMM ECN - from USD 1,000, for PAMM STP - from USD 200);
Minimum trading period: not less than 2 months;
Minimum amount of trades per week: 2;
Trading volume: not less than 0.5 lot per stage;
Profit at the end of the contest: at least 20% of the deposit;
Drawdown during the contest must not exceed 20%**, and short-term drawdown of 25% and more, even if it was not recorded at a rollover will be considered as a loss and a cause for withdrawing the prize.

During the contest, participants are allowed add or withdraw money from their accounts, receive investments to their PAMM accounts, create offers, use all instruments of a PAMM system with no restrictions, use any trading strategies, advisors (AEA, MEA, etc.) and any other standard MT4 add-ons and scripts.
It is prohibited to close for investors such statistics of your PAMM account as equity, drawdown, exposure level, completed trades. This data must be available for viewing.


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