CFD Trading Conditions

Commodities offered by Finexo

Click here to view a complete list of current overnight rollovers.

Instrument Spreads** Leverage (up to) MT4 Lot Settings Trading Hours (GMT)
Size of 1Lot Min. Trade
Crude Oil 0.05 (USD) fixed (1) 100:1 1,000 0.01 22:01 - 21:10
Gold 0.7 (USD) fixed (2) 100:1 100 0.01 22:01 - 21:10
Silver 0.07 (USD) fixed (2) 100:1 10,000 0.01 22:01 - 21:10
Corn 0.7 (USD) floating 50:1 1,000 0.01 00:05-12:40, 13:35-18:10
Wheat 2.5 (USD) floating 50:1 1,000 0.01 00:05-12:40, 13:35-18:10
Coffee C 0.65 (USD) floating 50:1 1,000 0.01 08:16 – 17:29
Sugar no.11 0.1 (USD) floating 50:1 10,000 0.01 07:31 – 16:59
Soybean 2 (USD) floating 50:1 1,000 0.01 00:05-12:40, 13:35-18:10
Cotton no.2 1 (USD) floating 50:1 1,000 0.01 01:05 - 18:15
Natural Gas 0.005 (USD) floating 50:1 10,000 0.01 22:01 - 21:10
Rice 0.06 (USD) floating 50:1 10,000 0.01 00:05-12:40, 13:35-18:10
Copper 0.0060 (USD) floating 100:1 1,000 0.01 22:01 - 21:10
Palladium 1.50 (USD) floating 100:1 100 0.01 22:01 - 21:10
Platinum 1.50 (USD) floating 100:1 100 0.01 22:01 - 21:10
Cocoa 10 (USD) floating 50:1 100 0.01 08:46 - 17:29

  1. During daily breaks and in major news, spreads might widen.
  2. Spreads are doubled during daily breaks between 22:00– 23:00 (GMT). During this break you can still open new positions and place stop loss/ limit orders.
  3. Trading commences each Sunday at 21:00 GMT and closes on Friday at 21:00 GMT. There are daily breaks in trading as per each instrument’s times in the table above. Opening market orders and placing orders during the daily break is not possible.
  4. Due to low liquidity in global markets, between 22:00 GMT and 23:00 GMT, spreads for Gold, Silver and Oil might be widened.

Indices offered by Finexo

Instrument (Platform Symbol) Spreads** Leverage (up to)* MT4 Lot Settings Trading Hours (GMT)
Size of 1Lot Min. Trade
S&P 500 1 (USD) 100:1 100 0.01 22:01 - 20:15
DJ 30 3 (USD) 100:1 100 0.01 22:01 - 20:10
NASDAQ 100 1.50 (USD) 100:1 100 0.01 22:01 - 20:15
CAC 40 (France40) 2 (EUR) 50:1 100 0.01 06:01 - 19:59
DAX 30 2 (EUR) 50:1 100 0.01 06:01 - 19:59
FTSE 100 2 (GBP) 50:1 100 0.01 07:01 - 19:59
NIKKEI 225 (Japan) 15 (JPY) 50:1 1,000 0.01 22:01 - 20:14
Hang Seng (Hong Kong) (HongKong45) 10 (HKD) 50:1 100 0.01 01:15 - 04:00, 05:02 - 08:15, 09:01 - 14:59
S&P / ASX 200 (Australia) 4 (AUD) 50:1 100 0.01 22:52 - 05:30, 06:15 - 20:00
DJ EURO STOXX50 2 (EUR) 50:1 100 0.01 06:01 - 19:59
FTSE / MIB (Italy) 16 (EUR) 50:1 100 0.01 07:01 - 15:40
NSE NIFTY 50 (India) (India50) 5 (USD) 50:1 100 0.01 01:05 - 10:00
RUSSEL2000 (US small cap 2000) 0.4 (USD) 50:1 100 0.01 00:05 - 21:55
S&P/IBEX (Spain) (Spain35) 7 (EUR) 50:1 100 0.01 07:05 - 17:55
WIG20 (Poland) 4 (PLN) 50:1 100 0.01 06:51 - 14:49
OMXS30 (Sweden) (Sweden30) 0.5 (SEK) 50:1 100 0.01 07:01 - 15:25
AEX (Netherlands) (Amsterdam25) 0.25 (EUR) 50:1 100 0.01 06:02 - 19:59
SMI (Swiss) 2.00 (CHF) 50:1 100 0.01 06:05 - 19:55
MSCI (Taiwan) (MSCITaiwan) 0.20 (USD) 50:1 100 0.01 00:50 - 05:40, 06:50 - 14:50
JSE 40 (ZAR) 50:1 100 0.01 06:35 - 15:25
VIX** (VIXX) 0.1 (USD) 50:1 1,000 0.01 13:31 - 20:10
MICEX (Russia) 100 (RUB) 50:1 100 0.01 06:05 - 14:44, 15:05 - 19:45
USDX (US Dollar Index) (DollarIndex) 0.05 (USD) 100:1 1,000 0.01 00:05 - 20:55
BITCOIN*** 12.00 (USD) 20:1 100 0.01 24h/5
FTSE/Athex 20 (Greece20) 3.00 (EUR) 10:1 100 0.01 07:20 - 14:20

* Leverage is estimated and depends on the real-time value of the instrument.

** The closing time for VIX on Friday is 20:10 GMT.

**** The BITCOIN prices are based on Bitstamp.net quotes.

Stocks offered by Finexo

Instrument Spreads** Leverage (up to)* Commission
%
MT4 Lot Settings Trading Hours (GMT)
Size of 1Lot Min. Trade
APPLE Inc. 0.10 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
BANK OF AMERICA 0.1 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
CISCO SYSTEMS 0.1 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
eBay Inc. 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
Facebook 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
GENERAL ELECTRIC 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
GOLDMAN SACHS 0.3 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
GOOGLE Inc. 1.25 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
IBM 0.3 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
INTEL Corp. 0.15 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
KING 0.15 (USD) 20:1 0.0% 100 0.01 13:35 - 20:00
MICROSOFT Corp. 0.15 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
UBS AG 0.1 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
CitiGroup 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
ALIBABA 0.40 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
BAIDU Inc. 0.3 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
CHINA MOBILE 0.2 (USD) 20:1 0.0% 100 0.01 13:35 - 20:00
PetroChina 0.3 (USD) 20:1 0.0% 100 0.01 13:35 - 20:00
PETROLEO BRAS 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
TOYOTA 0.3 (USD) 20:1 0.0% 100 0.01 13:35 - 20:00
SONY 0.1 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
Twitter Inc 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
WEIBO 0.10 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
Amazon.com 0.4 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
American Express (AMEX) 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
AT&T Inc 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
Exxon Mobil Corp 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
First Solar Inc 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
Hewlett-Packard Company 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
JPMorgan Chase & Co. 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
Mondelez International Inc. 0.2 (USD) 20:1 0.0% 100 0.01 13:35 - 20:00
Marvell Technology Group Ltd. 0.1 (USD) 20:1 0.0% 100 0.01 13:35 - 20:00
MGM Resorts International 0.1 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
Monsanto Company 0.2 (USD) 20:1 0.0% 100 0.01 13:35 - 20:00
Morgan Stanley 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
Noble Energy Inc. 0.2 (USD) 20:1 0.0% 100 0.01 13:32 - 20:00
Nokia Corp 0.1 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
Oracle Corp. 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
Pfizer Inc. 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
Potash Corp of Saskatchewan Inc 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
SanDisk Corp. 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
Teva Pharmaceutical Industries 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
Wal-Mart Stores Inc. 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
Wells Fargo & Company 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
Yahoo Inc 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
Linked-In 0.4 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
Zynga 0.05 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
Yandex 0.2 (USD) 20:1 0.0% 100 0.01 13:35 - 20:00
Groupon 0.1 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
VALE 0.1 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
Mastercard 0.2 (USD) 20:1 0.0% 100 0.01 13:35 - 20:00
MCDONALDS 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
COCA COLA 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
VISA 0.3 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
TECK Resources Limited 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
MICRON 0.1 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
APACHE 0.2 (USD) 20:1 0.0% 100 0.01 13:35 - 20:00
JABIL 0.2 (USD) 20:1 0.0% 100 0.01 13:35 - 20:00
UNISTEEL 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
GM 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
NIKE 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
MEGAFON 0.2 (USD) 5:1 0.0% 100 0.01 07:25 - 14:29
Samsung Electronics 2.5 (USD) 20:1 0.0% 100 0.01 07:25 - 14:29
BerkshireB 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
TESLA MOTORS Inc 0.70 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
NETFLIX Inc 0.4 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
TRIPADVISOR Inc 0.2 (USD) 20:1 0.0% 100 0.01 13:35 - 20:00
PRICELINE Inc 1.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
SALESFORCE Inc 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
SYMANTEC Corp 0.1 (USD) 20:1 0.0% 100 0.01 13:35 - 20:00
NUANCE Inc 0.1 (USD) 20:1 0.0% 100 0.01 13:35 - 20:00
STARBUCKS Inc 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
ALCOA INC. 0.03 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
BOEING CO 0.5 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
CATERPILLAR INC 0.3 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
MARRIOTT 0.2 (USD) 20:1 0.0% 100 0.01 13:35 - 20:00
HILTON 0.10 (USD) 20:1 0.0% 100 0.01 13:35 - 20:00
LUKOILUSD 0.2 (USD) 5:1 0.0% 100 0.01 07:25 - 14:29
MAGNIT 0.2 (USD) 5:1 0.0% 100 0.01 07:25 - 14:29
SOLARCITY Corp. 0.50 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
GoPro 0.20 (USD) 10:1 0.0% 100 0.01 13:31 - 20:00
WALT DISNEY CO 0.2 (USD) 20:1 0.0% 100 0.01 13:31 - 20:00
FCA 0.03 (USD) 10:1 0.0% 100 0.01 13:31 - 20:00
AMOVIL 0.07 (USD) 20:1 0.0% 100 0.01 13:35 - 20:00
FOMENTO 0.35 (USD) 20:1 0.0% 100 0.01 13:35 - 20:00
CEMEX 0.05 (USD) 20:1 0.0% 100 0.01 13:35 - 20:00
GRUMA 0.20 (USD) 20:1 0.0% 100 0.01 13:35 - 20:00
MsciMexico 0.20 (USD) 20:1 0.0% 100 0.01 13:35 - 20:00
EMPRESAS 0.04 (USD) 20:1 0.0% 100 0.01 13:35 - 20:00
BP Plc 0.6 (GBp) 20:1 0.0% 100 0.01 07:05 - 15:30
HSBC HOLDINGS 0.8 (GBp) 20:1 0.0% 100 0.01 07:05 - 15:30
TESCO Plc 0.5 (GBp) 20:1 0.0% 100 0.01 07:05 - 15:30
VODAFONE GROUP 0.4 (GBp) 20:1 0.0% 100 0.01 07:05 - 15:30
RIO TINTO GROUP 3 (GBp) 20:1 0.0% 100 0.01 07:05 - 15:30
Glencore 0.4 (GBp) 20:1 0.0% 100 0.01 07:05 - 15:30
LLOYDS 0.2 (GBp) 20:1 0.0% 100 0.01 07:05 - 15:30
RBS 0.5 (GBp) 20:1 0.0% 100 0.01 07:05 - 15:30
WPP PLC 4.00 (GBp) 20:1 0.0% 100 0.01 07:05 - 15:30
ROLLS ROYCE HOLDINGS PLC 4.00 (GBp) 20:1 0.0% 100 0.01 07:05 - 15:30
ASTRAZENECA 10 (GBp) 20:1 0.0% 100 0.01 07:05 - 15:30
BANCO SANTANDER 0.02 (EUR) 20:1 0.0% 100 0.01 07:01 - 15:30
INDITEX 0.05 (EUR) 20:1 0.0% 100 0.01 07:01 - 15:30
IBERDROLA 0.02 (EUR) 20:1 0.0% 100 0.01 07:01 - 15:30
ENAGAS 0.05 (EUR) 20:1 0.0% 100 0.01 07:01 - 15:30
BBVA 0.02 (EUR) 20:1 0.0% 100 0.01 07:01 - 15:30
REPSOL 0.05 (EUR) 20:1 0.0% 100 0.01 07:01 - 15:30
TELEFONICA SPAIN 0.05 (EUR) 20:1 0.0% 100 0.01 07:01 - 15:30
BANCO POPOLARE 0.02 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:20
BUZZI UNICEM 0.02 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:20
GENERALI ASS 0.02 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:20
FIAT S.P.A. (F-MI) 0.02 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:20
INTESA SANPAOLO 0.005 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:20
Banca Monte Paschi Di Siena 0.05 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:20
ENEL 0.02 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:20
TELECOM ITALIA 0.005 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:20
ENI 0.05 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:20
PIRELLI EC 0.05 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:20
DAIMLER AG 0.1 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:25
DEUTSCHE BANK 0.05 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:25
DEUTSCHE TELEKOM 0.05 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:25
LUFTHANSA 0.05 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:25
METRO AG 0.05 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:25
VolksWagen AG 0.02 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:25
VIVENDI 0.05 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:30
LVMH SA 0.15 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:30
SANOFI-AVENTIS 0.1 (EUR) 20:1 0.0% 100 0.01 07:01 - 15:30
BNP PARIBAS 0.05 (EUR) 20:1 0.0% 100 0.01 07:01 - 15:30
Allianz AG 0.15 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:25
BMW AG 0.1 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:25
Commerzbank AG 0.02 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:25
E.ON AG 0.02 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:25
Infineon Tech 0.02 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:25
K+S AG 0.05 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:25
SAP AG 0.05 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:25
Siemens AG 0.1 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:25
Adidas AG 0.1 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:25
BASF SE 0.1 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:25
RWE AG 0.05 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:25
CAP GEMINI 0.05 (EUR) 20:1 0.0% 100 0.01 07:01 - 15:30
CARREFOUR 0.05 (EUR) 20:1 0.0% 100 0.01 07:01 - 15:30
CREDIT AGRICOLE 0.02 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:30
EDF 0.05 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:30
Orange FR 0.02 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:30
MICHELIN 0.1 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:30
SAINT GOBAIN 0.05 (EUR) 20:1 0.0% 100 0.01 07:01 - 15:30
SOCIETE GENERALE 0.05 (EUR) 20:1 0.0% 100 0.01 07:01 - 15:30
TOTAL 0.05 (EUR) 20:1 0.0% 100 0.01 07:01 - 15:30
VINCI 0.05 (EUR) 20:1 0.0% 100 0.01 07:01 - 15:30
Unicredit 0.02 (EUR) 20:1 0.0% 100 0.01 07:05 - 15:20
ČEZ 2 (CZK) 5:1 0.0% 100 0.01 07:20 - 14:14
ERSTE GROUP BANK (ERSTE) 3 (CZK) 5:1 0.0% 100 0.01 07:17 - 14:14
KOMERČNÍ BANKA (KOMERCNI) 20 (CZK) 5:1 0.0% 100 0.01 07:20 - 14:14
TELEFÓNICA C.R. 2 (CZK) 5:1 0.0% 100 0.01 07:20 - 14:14
VIG 4 (CZK) 5:1 0.0% 100 0.01 07:20 - 14:14
NWR 0.3 (CZK) 5:1 0.0% 100 0.01 07:17 - 14:14
OTP 15 (HUF) 5:1 0.0% 100 0.01 07:20 - 14:54
MTELEKOM 3 (HUF) 5:1 0.0% 100 0.01 07:20 - 14:54
MOL 20 (HUF) 5:1 0.0% 100 0.01 07:20 - 14:54
PKOBP 0.4 (PLN) 5:1 0.0% 100 0.01 07:10 - 14:44
PZU 1.25 (PLN) 5:1 0.0% 100 0.01 07:10 - 14:44
KGHM 1.25 (PLN) 5:1 0.0% 100 0.01 07:10 - 14:44
PEKAO 1.25 (PLN) 5:1 0.0% 100 0.01 07:10 - 14:44
PGE 0.2 (PLN) 5:1 0.0% 100 0.01 07:10 - 14:44
TPSA 0.1 (PLN) 5:1 0.0% 100 0.01 07:10 - 14:44
PKNORLEN 0.5 (PLN) 5:1 0.0% 100 0.01 07:10 - 14:44
BHP Billiton (Billiton) 40 (ZAR) 20:1 0.0% 100 0.01 07:06-14:49
Anglo American (Anglo) 40 (ZAR) 20:1 0.0% 100 0.01 07:06-14:49
SABMiller 60 (ZAR) 20:1 0.0% 100 0.01 07:06-14:49
MTN Group (MTN) 30 (ZAR) 20:1 0.0% 100 0.01 07:06-14:49
Sasol 60 (ZAR) 20:1 0.0% 100 0.01 07:06-14:49
GAZPROM 2 (RUB) 5:1 0.0% 100 0.01 06:05-14:40
SBERBANK 1 (RUB) 5:1 0.0% 100 0.01 06:05-14:40
ROSNEFT 4 (RUB) 5:1 0.0% 100 0.01 06:05-14:40
ROYAL DUTCH SHELL 0.05 (EUR) 20:1 0.0% 100 0.01 07:01 - 15:25
ARCELORMITTAL 0.03 (EUR) 20:1 0.0% 100 0.01 07:01 - 15:25
HEINEKEN N.V 0.12 (EUR) 20:1 0.0% 100 0.01 07:01 - 15:25
PHILIPS N.V 0.06 (EUR) 20:1 0.0% 100 0.01 07:01 - 15:25
GEMALTO N.V 0.25 (EUR) 20:1 0.0% 100 0.01 07:01 - 15:25
NESTLE SA 0.2 (CHF) 20:1 0.0% 100 0.01 07:05 - 15:20
AMADEUS IT HOLDING SA 0.10 (EUR) 20:1 0.0% 100 0.01 07:01 – 15:30
GAMESA SA 0.04 (EUR) 20:1 0.0% 100 0.01 07:01 – 15:30
JAZZTEL PLC 0.07 (EUR) 20:1 0.0% 100 0.01 07:01 – 15:30
ALCATEL LUCENT SA 0.02 (EUR) 20:1 0.0% 100 0.01 07:05 – 15:30
ILIAD SA 0.5 (EUR) 20:1 0.0% 100 0.01 07:01 – 15:30
PEUGEOT SA 0.05 (EUR) 20:1 0.0% 100 0.01 07:01 – 15:30
ROCKET INTERNET AG 0.15 (EUR) 10:1 0.0% 100 0.01 07:05 – 15:25
Alpha Bank SA (ALPHA) 0.02 (EUR) 10:1 0.0% 100 0.01 07:30 – 14:30
OPAP 0.04 (EUR) 10:1 0.0% 100 0.01 07:30 – 14:30
COCA-COLA HBC AG (EEE) 0.5 (EUR) 10:1 0.0% 100 0.01 07:30 – 14:30
National Bank of Greece (ETE) 0.02 (EUR) 5:1 0.0% 100 0.01 07:30 – 14:30
Hellenic Telecommunications Organization S.A (HTO) 0.04 (EUR) 10:1 0.0% 100 0.01 07:30 – 14:30
Public Power Corporation S.A (PPC) 0.04 (EUR) 10:1 0.0% 100 0.01 07:30 – 14:30

Please Note: due to trading conditions and market risk, Finexo reserves the right to widen spreads at its own discretion. Also note that the company may change its rollover rates from time to time as a result of changes in credit markets.

Stock Related Payouts on CFDs

Payments on Stock Splits, Reverse Stock Splits, Stock Dividends and other Stock related events can have an impact on the share price and thus on the price of an equity based CFD. A person who holds a CFD position has no ownership of the underlying instrument. However, when a customer holds a long CFD position, Safecap shall pay the equivalent of the dividend to that customer and deduct the equivalent from any customer holding a short CFD position. This shall be done on or shortly after the ex-dividend date as that is when the economic effect is felt on the underlying share price.

General Overview

  • Order Types: All order types can be used for CFDs.

  • Market Hours: CFDs are traded based on the exchange hours of the underlying instrument. For details refer to the specific instrument.

  • Spreads: CFD spreads are based on exchange spreads of the underlying instrument. Spreads are variable and may change according to market conditions.

  • Currency Conversion: For all instruments not originally quoted in U.S. dollars, profit or loss (P/L) and pip value will be converted immediately and online to U.S. dollars. For example, a profit of 20.0 points from trading 100 lots of the DAX30 will immediately be converted into U.S. dollars, according to the present EUR/USD rate.

  • Interest Rate Differential is the difference in the interest rate between the product being traded and the currency in which the product is denominated.

  • Overnight Rollover: Any CFD positions left open overnight will be charged or credited against the size of the position. Rates are based on the Financing Charge set by Finexo and the Interest Rate Differential between the underlying product and the currency in which it is traded.

    Please Note: the MT4 platform calculates overnight rollover at 21:00 GMT and the rollover charge/credit is debited or credited to and from the trading account. On Wednesday at 21:00 GMT, overnight rollover fees are multiplied by three (x3) in order to compensate for the upcoming weekend.

  • Interest Rate Differential is the difference in the interest rate between the product one is trading and the currency in which the product is denominated.

  • How to calculate overnight rollover

  • Formula: (Interest Rate Differential – Financing Charge)/36000 x Base Value x Units per Lot x Relevant Exchange Rate.

  • Finexo's Financing Charge is 0.50% on fx pairs and 2.5% on CFDs.

    The size of the position is measured in units per 1 lot, e.g. 10 barrels = 1 lot of Crude Oil. Each CFD also has a base value determined by Finexo. In the case that a CFD is priced in a currency other than USD, an exchange rate determined by Finexo is used to calculate the rollover in USD.

    Overnight rollover values for a particular CFD can be found in the instruments window on the trading platform.

    Rollover values vary depending on whether the position held is short or long. Rollover values are calculated based on individual lots and the final rollover charge or credit will be for the total amount of lots held in a position.

    Example of the Crude Oil CFD Overnight Rollover Calculation:

    Crude Oil Base Value is $77.40.
    U.S. Federal Reserve Interest rate: 0.25%
    Finexo Financing Charge: 3%

    The CFD Overnight Rollover Formula:
    (Interest Rate Differential – Financing Charge)/36000 x Base Value x Units per Lot x Relevant Exchange Rate.

    A long position of 1 Lot (10 barrels) in the Crude Oil CFD will be charged -$0.07 overnight, based on the following calculation:

    - 0.25% - 3% = -3.25%
    -3.25%/36000 x $77.40 x 10 = -$0.07

    A short position of 1 Lot (10 barrels) in the Crude Oil CFD will be charged -$0.06 overnight, based on the following calculation:

    0.25% - 3% = -2.75%
    -2.75%/36000 x $77.40 * 10 = -$0.06

    Thus a short position of 10 lots in Crude Oil would be charged -$0.60 overnight:
    10 x -$0.06 = - $0.60.

    Example of the FTSE 100 CFD Overnight Rollover Calculation:

    FTSE 100 Base Value is £4970.
    Bank of England Interest rate: 0.50%
    Finexo Financing Charge: 2.5%
    GBPUSD Exchange Rate: 1.6320

    The CFD Overnight Rollover Formula:
    (Interest Rate Differential – Financing Charge)/36000 x Base Value x Units per Lot x Relevant Exchange Rate.

    A long position of 1 Lot (1 unit) in the FTSE 100 CFD will be charged -$0.68 overnight, based on the following calculation:

    -0.50% - 2.5% = -3.0%
    -3.0%/36000 x £4970 x 1 x 1.6320 = -$0.68

    A short position of 1 Lot (1 unit) in the FTSE 100 CFD will be charged -$0.45 overnight, based on the following calculation:

    0.50% - 2.5% = -2.0%
    -2.0%/36000 x £4970 x 1 x 1.6320 = -$0.45

    A short position of 20 lots in the FTSE 100 would be charged -$9.0 overnight: 20 x -$0.45 = - $9.0.

    Expiration of a CFD on the MT4 platform: The future contract on which a CFD is based has an expiration date, and clients will be able to close their CFD positions until this date. Positions not closed by clients by this date will be closed by Finexo at the last available price. Approximately 3-5 days before expiring, a new CFD based on the next future contract will begin trading. During this period, no new positions can be opened in the old CFD contract.

Margin

Margin Requirement: All CFD positions carry margin requirements between 2% and 5% (depending on the individual CFD). The transaction amount of each CFD must be guaranteed by funds in your account.

It is necessary to maintain the required margin in order to keep your position open. If the equity value of your account drops below the minimum margin requirement, you must add additional funds.

Margin Calls:

  • Customers will be warned by the trading platform, at 100% margin level, that they are getting close to automatic liquidation. Customers will only get an automatic margin call notification if they are logged into their trading platform. Therefore, customers are advised to log into their trading platform on a regular basis to ensure they monitor their Equity and any relevant notifications accordingly.  Safecap may also alert Customers by phone-call and/or by email that they are getting close to automatic trade liquidation of their positions. The Customer will be advised to deposit additional funds into their account or instructed to reduce/close out current open positions.

  • Customers are also warned that the moment their margin level falls below 20%, the platform will automatically liquidate their positions. This will be done without further reference to the Customer. Once an account reaches a Margin Call warning level, it is possible that the margin level could increase above 100%. Should this happen the Margin Call process will reset. If the Margin Call Warning levels are reached again, the Margin Call process will start again. Closure of positions will be done on the basis of best execution prices available to Finexo.com at that time.

  • Stop Loss Orders, used to guard against losses, are the customer’s responsibility.

  • In the interests of the customer, Finexo may request a deposit of additional funds to secure the customer’s contracts. This call for additional margin does not preclude the future call or future waiver of liquidation rates by Finexo.