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FXOpen News


  • Brexit Warning - High Volatility and Increased Margin

    Dear Trader,

    High volatility affecting GBP and EUR pairs is expected on 20-27 June due to the Brexit vote held in the United Kingdom on June 23 2016 to decide whether the country should remain in or leave the European Union.

    Starting from June 20th FXOpen customers may experience changes in trading conditions such as high volatility, increased margin, low liquidity and wider spreads. The changes will affect all financial instruments involving GBP and EUR, including indices.

    Starting from the market opening on June 20th and throughout the whole week margin requirements for all GBP and EUR based instruments may be increased up to 5 times their normal level without further notice.

    Traders should also expect abnormally low liquidity and wide spreads on all financial instruments, as well as increased chances of slippage.

    Possible increased margin requirements are a temporary measure caused by the EU referendum and its influence on the financial markets. Starting with the market opening on June 27th margin requirements will return to their normal values.

    We urge traders to consider these circumstances when planning their trading activities for the following weeks.

    If you want us to decrease leverage on your account before June 20th, please email [email protected]

    Kind Regards,


    The FXOpen UK Team

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  • Changes to Commodities & Indices Trading and Support Hours on Monday May 30th

    Dear Trader,

    Please note that due to Memorial Day in the USA and the Spring Bank Holiday in the UK on 30 May 2016, the following changes in trading and support hours apply:

    Currency pairs: 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:

    • UK100 – trading closed;
    • 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;
    • Australia 200 – normal trading hours;
    • Europe 50 – normal trading hours;
    • France 40 – normal trading hours;
    • Germany 30 – normal trading hours;
    • Germany 30 (Mini) – normal trading hours.

    Support : Support will close at 2000 (London time) on Friday 27th May and reopen at 0800 on Tuesday 31st May. For all urgent trading inquiries for live account holders please call +44 (0) 203 519 1224 which is open as usual.

    Kind Regards,

    The FXOpen UK Team

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  • UK100 Closed on Monday 2nd May

    Dear Trader,

    Please note that due to the May Day bank holiday in the UK on Monday May 2nd, the UK100 Index will not be available for trading. All other markets will have normal trading hours.  
    FXOpen strongly recommends considering this information and thanks you for your support.

    The FXOpen UK Team

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  • Easter Trading and Support Hours

    Please note the following changes to the trading and support hours over the Easter holiday.

    Thursday 24th -  Australia 200 Closed from 16:00 (Server time) 

    Friday 25th - Indicies and Commodities Closed

    Monday 28th - Australia 200, Europe 50, France 40, Germany 30,Germany 30 (Mini), Spain 35 and UK 100 Closed

    Please note that there may also be reduced liquidity in the markets that are open including FX due to the holiday.

    Support will close at 1800 (London time) on Thursday 24th March and reopen at 0830 on Tuesday 29th March. For all urgent trading inquiries for live account holders please call +44 (0) 208 144 2367 which is open as usual.

    Kind Regards,

    The FXOpen UK Team

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  • FXOpen MT4 Server Time Switches to Daylight Saving

    Dear Traders,

    Please note the following changes to the Server Time on the FXOpen UK MT4 Platform.

    The servers change to daylight saving and so the GMT offset in the MT4 FXOpen trading platform will be set to GMT+3 starting from Monday, 14 March 2016.

    To plan you trading more efficiently, we strongly recommend you adjusting the GMT offset in your Indicators and Expert Advisors to GMT+3.

    Kind Regards,

    The FXOpen UK Team

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