FXOpen News


  • FXOpen to 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 GBP financial instruments. Changes will take effect without further notice starting with the market opening on December 10th, 2018.

    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.

    FXOpen  AU Customer Service
    E-mail: [email protected]

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  • Changes to CFDs Trading Hours on Thanksgiving

    Dear Traders,
    Please note that due to the celebration of Thankgiving 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)
    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.

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

    On November 4th, 2018 FXOpen AU 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 AU 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.

    FXOpen AU Team
    E-mail: [email protected]

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  • FXOpen AU Launches Crypto Accounts

    Dear traders,

    FXOpen AU is pleased to announce the launch of cryptocurrency trading. You can now trade 15 cryptocurrencies (including Bitcoin, Ethereum, Dash, Monero, NEO, EOS and other cryptocurrencies) as CFDs direct from your FXOpen account.

    What is a Cryptocurrency?

    Cryptocurrency is a digital asset created to work as a medium of exchange. As opposed to centralized digital currency and central banking systems, cryptocurrencies use decentralized control, working through a blockchain (a public financial transaction database). In 2009, the first decentralized cryptocurrency Bitcoin was released as open-source software. Since then, over 4,000 alternative variants of Bitcoin, or altcoins, have been created and can be traded against each other or conventional currencies.

    How to Trade Cryptocurrencies with FXOpen AU?

    • Log in to you eWallet
    • Select Add Account > Crypto;
    • Fill in the account opening form;
    • Open Metatrader and use your new Crypto Account details to log in;
    • In Metatrader select 'View' then 'Symbols' and select the Cryptocurrency markets.

    Cryptocurrencies can experience very high volatility and can be traded 7 days a week. Leverage is limited to 1:3 for all clients. Please ensure that you fully understand the risks before trading these markets.

    Kind Regards,

    FXOpen AU Team
    E-mail: [email protected]

     

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  • Changes to CFD Trading Hours due to US Labour Day

    Dear Traders,
    Please note that due to the celebration of Labour Day on Monday, September 3rd 2018  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;
    • Oil, Gas: trading session ends at 19:45;
    • 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.

    FXOpen AU Team
    E-mail: [email protected]

    Read more...

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