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FXOpen News


  • Changes to Gold, Silver, CFD and indices trading on November 24-25

    Dear Clients,

    Due to celebration of Thanksgiving Day in the USA, you may experience low liquidity when trading CFDs (precious metals, oil, gas and indices) starting from 7:45 (GMT+2) on November 24-25.

    Thursday, November 24th

    • Forex (currencies) – no changes.
    • CFD for precious metals (Gold, Silver) will close early at 8:00 pm (server time GMT+2).
    • CFD for energies (Gas, Oil) will close early at 7:45 pm (server time GMT+2).
    • The following Indexes will close at 8:00 pm (server time GMT+2):
      • Japan 225
      • US SPX 500
      • US SPX 500 (Mini)
      • US Tech 100
      • US Tech 100 (Mini)
      • Wall Street 30
      • Wall Street 30 (Mini)

    Other indices will be traded without changes.

    Read more...

  • Deposit and Withdrawal Fee Changes

    From 1st November 2016 FXOpen UK has made the following changes to Deposit Fees:

    Skrill Deposit Fee reduced to 1% (previously 1.25%)
    Neteller Deposit Fee reduced to 1% (previously 2.5%)

    From 15th November 2016 FXOpen UK has made the following changes to Withdrawal Fees:

    Euro Wire Transfer €15 (previously $30)
    Skrill Withdrawal 1% (previously 1%/€0.50 limit)
    Neteller Withdrawal 1% (previously 0%)
    WebMoney Withdrawal 1% (previously 0.8%)

    All other Deposit and Withdrawal fees have remained the same and can be found at https://www.fxopen.co.uk/en/fees/ 

    If you have any questions regarding the changes, please contact the customer support team.

    Kind Regards,

    The FXOpen UK team

    Read more...

  • FXOpen UK Server Time Changes to GMT+2

     

    On November 6, 2016 FXOpen UK will revert its trading servers from Daylight Saving to Standard Time. Starting with the market opening on Monday (November 7, 2016), the GMT offset in the company’s Meta Trader 4 trading platform will be set to GMT+2.

    The change 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 when planning your trading activities. We also recommend adjusting the time settings in your Indicators and EAs accordingly.

    The change applies to all types of FXOpen UK accounts, both Live and Demo.

    FXOpen UK Support

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  • High Volatility and Increased Margin Expected Due to the US Presidential Election

    High volatility affecting all financial instruments is expected due to the Presidential Election, that will be held in the United States on November 8th 2016.

    FXOpen UK may increase margin requirements up to 5 times their normal level starting from November 3rd without prior notice. The changes will affect all financial instruments, including indices.

    Throughout this period traders may experience changes in trading conditions such as high volatility, increased margin, low liquidity and wider spreads.

    Margin requirements will return back to their normal values with the market opening on November 14th.

    We urge traders to take into account that abnormally low liquidity and wide spreads increase the risk of slippage. Please consider these circumstances when planning your trading activities for the following week.

    FXOpen UK Support

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  • CFD Trading Hours 5th September

    Please note that due to Labor Day in the USA on September 5th 2016 you will experience the following changes in trading hours:
    Forex: normal trading hours;
    Commodities:

    • Gold – available until 20:00 GMT+3;
    • Silver – available until 20:00 GMT+3;
    • Oil – available until 19:45 GMT+3;
    • Gas – available until 19:45 GMT+3;

    Indices:

    • Japan 225 – available until 20:00 GMT+3;
    • US SPX 500 – available until 20:00 GMT+3;
    • US SPX 500 (Mini) – available until 20:00 GMT+3;
    • US Tech 100 – available until 20:00 GMT+3;
    • US Tech 100 (Mini) – available until 20:00 GMT+3;
    • Wall Street 30 – available until 20:00 GMT+3;
    • Wall Street 30 (Mini) – available until 20:00 GMT+3.

    All other instruments are trading as normal. FXOpen strongly recommends taking this information into considerationwhen planning your trading activities for the following week. We appreciate your understanding and cooperation.

    FXOpen UK Team

    Read more...

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