Trading in CFDs and generally leveraged products involves substantial risk of loss and you may lose all of your invested capital.

Contract specifications

Group of instruments
Group of instruments: Forex Base currency
All
Quote currency
All
Instrument
All

CFD on futures

A Futures contract is a standard Commodity Futures contract of sale of the base asset, at the conclusion of which the parties (seller and buyer) agree only on the level of prices and the terms of delivery of the asset, specifying in advance all the parameters of the asset, and assuming the responsibilities before the Stock Exchange until its execution. EXNESS does not perform the delivery of the goods on futures contracts. After the trading in a particular futures contract ends, the client's position for this instrument is automatically closed.

EXNESS provides a unique environment for futures contract trading:

  • A wide range of trading instruments;
  • Client technical support is available 24 hours a day 7 days a week.

For all pending orders executed in the first 3 hours after the trading opens for a particular Forex instrument, as well as for other instruments (CFD futures) the following rule is applied: when the level of the order falls into the price gap, orders are executed on the appropriate side of the Bid or Ask price of the first quote after the gap.

Gap Level Values

EXNESS guarantees that there will be no slips for nearly all pending orders, performed 3 hours after the opening of trading on a particular Forex instrument.

Commission on a transaction in ECN accounts

For each transaction, a commission fee is charged on the ECN accounts. The amount of the commission depends on the size of the transaction and is determined in proportion to the values shown in the table. These values correspond to a volume of US$ 1 m or the equivalent in another currency. Calculation of the commission total is made at the current Forex rate. The commission fee is deducted from the account during the opening of the transaction for both operations at once (opening and closing).

Examples of the commission fee calculation
Expiration list
Show the Gap level values table
Examples of execution of pending orders
Symbol Description Spread* Margin requirements** Swap, in points Stop
1:2000 1:1000 1:200 Long Short Level***
{{::row[0]}} {{::row[1]}} {{::row[2]}} {{::row[3]}} {{::row[4]}} {{::row[5]}} {{::row[6]}} {{::row[7]}} {{::row[8]}}
Symbol Description Spread* Margin requirements** Swap, in points Stop
1:2000 1:1000 1:200 Long Short Level***
{{::row[0]}} {{::row[1]}} {{::row[2]}} {{::row[3]}} {{::row[4]}} {{::row[5]}} {{::row[6]}} {{::row[7]}} {{::row[8]}}

Forex Instruments with a Market Execution

Currency pairs with market execution have a suffix "k" in their names; they are available for trading in the Mini and Classic accounts, and allow clients to take advantage of EXNESS market order execution*.See more

To start trading, you need to select the appropriate symbols in the MetaTrader 4 terminal in the "Market Review" window (if the window is not displayed, it can be prompted by pressing the "Ctrl + M" keys simultaneously):

  • - right-click on the empty area of the "Market Watch" window and select the "Symbols" item from the menu;
  • - by double clicking, add the required instruments from the "Forex_MarketEx" group..Collapse
Symbol Description Spread* Margin requirements** Swap, in points Stop
1:2000 1:1000 1:200 Long Short Level***
{{::row[0]}} {{::row[1]}} {{::row[2]}} {{::row[3]}} {{::row[4]}} {{::row[5]}} {{::row[6]}} {{::row[7]}} {{::row[8]}}
{{::row[0]}} {{::row[1]}} {{::row[2]}} {{::row[3]}} {{::row[4]}} {{::row[5]}} {{::row[6]}} {{::row[7]}} {{::row[8]}}
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Forex Instruments with a fixed spread

The names of currency pairs with fixed spreads contain the suffix "f"; they are available for trading on Mini and Classic accounts. See more

To be able to trade with these instruments you must accept the conditions of the Agreement for Trading Financial Instruments with a Fixed Spread.

To start trading, you need to select the appropriate symbols in the MetaTrader 4 terminal in the "Market Review" window (if the window is not displayed, it can be prompted by pressing the "Ctrl + M" keys simultaneously):

  • right-click on the empty area of the "Market Watch" window and select the "Symbols" item from the menu;
  • double-click to add the desired instruments from the "Forex_Fixed" group. Collapse
Symbol Description Spread* Margin requirements** Swap, in points Stop
1:2000 1:200 1:100 Long Short Level***
{{::row[0]}} {{::row[1]}} {{::row[2]}} {{::row[3]}} {{::row[4]}} {{::row[5]}} {{::row[6]}} {{::row[7]}} {{::row[8]}}
{{::row[0]}} {{::row[1]}} {{::row[2]}} {{::row[3]}} {{::row[4]}} {{::row[5]}} {{::row[6]}} {{::row[7]}} {{::row[8]}}
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Symbol Description Currency Tick size Tick value Initial Margin Commission mini Commission classic
{{::row[0]}} {{::row[1]}} {{::row[2]}} {{::row[3]}} {{::row[4]}} {{::row[5]}} {{::row[6]}} {{::row[7]}}
Symbol Description Spread* Margin requirements** Swap, in points Stop
1:400 1:200 1:100 Long Short Level***
{{::row[0]}} {{::row[1]}} {{::row[2]}} {{::row[3]}} {{::row[4]}} {{::row[5]}} {{::row[6]}} {{::row[7]}} {{::row[8]}}

Forex Instruments with a Market Execution

Currency pairs with market execution have a suffix "k" in their names; they are available for trading in the Mini and Classic accounts, and allow clients to take advantage of EXNESS market order execution*.See more

To start trading, you need to select the appropriate symbols in the MetaTrader 4 terminal in the "Market Review" window (if the window is not displayed, it can be prompted by pressing the "Ctrl + M" keys simultaneously):

  • - right-click on the empty area of the "Market Watch" window and select the "Symbols" item from the menu;
  • - by double clicking, add the required instruments from the "Forex_MarketEx" group..Collapse
Symbol Description Spread* Margin requirements** Swap, in points Stop Level***
1:2000 1:200 1:100 Long Short
{{::row[0]}} {{::row[1]}} {{::row[2]}} {{::row[3]}} {{::row[4]}} {{::row[5]}} {{::row[6]}} {{::row[7]}} {{::row[8]}}
{{::row[0]}} {{::row[1]}} {{::row[2]}} {{::row[3]}} {{::row[4]}} {{::row[5]}} {{::row[6]}} {{::row[7]}} {{::row[8]}}
See moreCollapse

Forex Instruments with a fixed spread

The names of currency pairs with fixed spreads contain the suffix "f"; they are available for trading on Mini and Classic accounts. See more

To be able to trade with these instruments you must accept the conditions of the Agreement for Trading Financial Instruments with a Fixed Spread.

To start trading, you need to select the appropriate symbols in the MetaTrader 4 terminal in the "Market Review" window (if the window is not displayed, it can be prompted by pressing the "Ctrl + M" keys simultaneously):

  • right-click on the empty area of the "Market Watch" window and select the "Symbols" item from the menu;
  • double-click to add the desired instruments from the "Forex_Fixed" group. Collapse
Symbol Description Spread* Margin requirements** Swap, in points Stop Level***
1:2000 1:200 1:100 Long Short
{{::row[0]}} {{::row[1]}} {{::row[2]}} {{::row[3]}} {{::row[4]}} {{::row[5]}} {{::row[6]}} {{::row[7]}} {{::row[8]}}
{{::row[0]}} {{::row[1]}} {{::row[2]}} {{::row[3]}} {{::row[4]}} {{::row[5]}} {{::row[6]}} {{::row[7]}} {{::row[8]}}
See moreCollapse
Symbol Description Currency Tick size Tick value Initial Margin Commission mini Commission classic
{{::row[0]}} {{::row[1]}} {{::row[2]}} {{::row[3]}} {{::row[4]}} {{::row[5]}} {{::row[6]}} {{::row[7]}}
Symbol Description Spread* Commission Margin requirements** Swap, in points
1:100 1:50 1:10 Long Short
{{::row[0]}} {{::row[1]}} {{::row[2]}} {{::row[3]}} {{::row[4]}} {{::row[5]}} {{::row[6]}} {{::row[7]}} {{::row[8]}}

*For other currency pairs in these accounts, instant execution is in place (these pairs are marked with a suffix "m" for Mini accounts; for Classic accounts, there is no suffix).

Futures contract — a standardized, transferable and exchange-traded contract, the terms of which are regulated and guaranteed by the Stock Exchange Committee.

Futures price — the price at which two participants in a futures contract agree to transact on the settlement date.

Stock index futures — agreements to buy or sell a standardized value of a stock index, on a future date at a specified price.

Option on futures contract — a formal contract between a seller and a buyer giving the right to buy/sell a futures at a fixed price on or up to a fixed date (expiration date).

Futures execution date (without delivery) — the date fixed by a futures contract that defines the final settlement price.

Delivery date — the date on which the financial instrument or commodity underlying a financial futures contract must be delivered to fulfill the terms of the contract.

The instruments whose margin requirements have been increased are indicated with a yellow background.

*The spread is floating. Contract specifications include the average spread. If there are two numbers with a hyphen, the first one is the minimum spread, while the second one is the average spread. The average spread is calculated by dividing the sum of spreads on all the ticks for a given period by the number of ticks.

**On Friday, 5 hours before the market closes, the size of the margin requirements is calculated based on the maximum leverage of 1:200

***The setting of levels for the pending orders is regulated by the following rules: the execution price for pending orders, SL and TP levels in pending orders can be set at a distance from the current market price, which is least the same as that for the current spread, while for pending SL and TP orders, it can be set at least the same distance from the order price as the current spread; for open positions - at a distance from the current market price, which is at least the same as that on the current spread.

The instruments whose margin requirements have been increased are indicated with a yellow background.

*The spread is floating. Contract specifications include the average spread. If there are two numbers with a hyphen, the first one is the minimum spread, while the second one is the average spread. The average spread is calculated by dividing the sum of spreads on all the ticks for a given period by the number of ticks.

**On Friday, 5 hours before the market closes, the size of the margin requirements is calculated based on the maximum leverage of 1:200

***The setting of levels for the pending orders is regulated by the following rules: the execution price for pending orders, SL and TP levels in pending orders can be set at a distance from the current market price, which is least the same as that for the current spread, while for pending SL and TP orders, it can be set at least the same distance from the order price as the current spread; for open positions - at a distance from the current market price, which is at least the same as that on the current spread.

Expiration list

  • CJ - Cocoa
  • CL - Light Sweet Crude Oil
  • HO - Heating Oil
  • KT - Coffee
  • NG - Henry Hub Natural Gas
  • PA - Palladium
  • PL - Platinum
  • XBZ - Brent Crude Oil Last Day Financial Futures
  • XRB - RBOB Gasoline
CJ - Cocoa
2015
2016
2017
Delivery month Termination of trading Product Code
March 13 February CJH7
Delivery month Termination of trading Product Code
March 12 February CJH6
May 15 April CJK6
July 16 June CJN6
September 17 August CJU6
December 15 November CJZ6
Delivery month Termination of trading Product Code
May 16 April CJK5
July 16 June CJN5
September 17 August CJU5
December 13 November CJZ5
CL - Light Sweet Crude Oil
2015
2016
2017
2018
2019
2020
2021
2022
2023
Delivery month Termination of trading Product Code
May 21 April CLK5
June 19 May CLM5
July 22 June CLN5
August 21 July CLQ5
September 20 August CLU5
October 22 September CLV5
November 20 October CLX5
December 20 November CLZ5
Delivery month Termination of trading Product Code
January 21 December CLF6
February 20 January CLG6
March 22 February CLH6
April 21 March CLJ6
May 20 April CLK6
June 20 May CLM6
July 21 June CLN6
August 20 July CLQ6
September 22 August CLU6
October 20 September CLV6
November 20 October CLX6
December 21 November CLZ6
Delivery month Termination of trading Product Code
January 20 December CLF7
February 20 January CLG7
March 21 February CLH7
April 21 March CLJ7
May 20 April CLK7
June 22 May CLM7
July 20 June CLN7
August 20 July CLQ7
September 22 August CLU7
October 20 September CLV7
November 20 October CLX7
December 20 November CLZ7
Delivery month Termination of trading Product Code
January 19 December CLF8
February 22 January CLG8
March 20 February CLH8
April 20 March CLJ8
May 20 April CLK8
June 22 May CLM8
July 20 June CLN8
August 20 July CLQ8
September 21 August CLU8
October 20 September CLV8
November 22 October CLX8
December 19 November CLZ8
Delivery month Termination of trading Product Code
January 19 December CLF9
February 22 January CLG9
March 20 February CLH9
April 20 March CLJ9
May 22 April CLK9
June 21 May CLM9
July 20 June CLN9
August 22 July CLQ9
September 20 August CLU9
October 20 September CLV9
November 22 October CLX9
December 20 November CLZ9
Delivery month Termination of trading Product Code
January 19 December CLF0
February 21 January CLG0
March 20 February CLH0
April 20 March CLJ0
May 21 April CLK0
June 19 May CLM0
July 22 June CLN0
August 21 July CLQ0
September 20 August CLU0
October 22 September CLV0
November 20 October CLX0
December 20 November CLZ0
Delivery month Termination of trading Product Code
June 20 May CLM1
December 19 November CLZ1
Delivery month Termination of trading Product Code
June 20 May CLM2
December 21 November CLZ2
Delivery month Termination of trading Product Code
June 22 May CLM3
December 20 November CLZ3
HO - Heating Oil
2015
2016
2017
2018
2019
Delivery month Termination of trading Product Code
May 30 April HOK5
June 29 May HOM5
July 30 June HON5
August 31 July HOQ5
September 31 August HOU5
October 30 September HOV5
November 30 October HOX5
December 30 November HOZ5
Delivery month Termination of trading Product Code
January 31 December HOF6
February 29 January HOG6
March 29 February HOH6
April 31 March HOJ6
May 29 April HOK6
June 31 May HOM6
July 30 June HON6
August 29 July HOQ6
September 31 August HOU6
October 30 September HOV6
November 31 October HOX6
December 30 November HOZ6
Delivery month Termination of trading Product Code
January 30 December HOF7
February 31 January HOG7
March 28 February HOH7
April 31 March HOJ7
May 28 April HOK7
June 31 May HOM7
July 30 June HON7
August 31 July HOQ7
September 31 August HOU7
October 29 September HOV7
November 31 October HOX7
December 30 November HOZ7
Delivery month Termination of trading Product Code
January 29 December HOF8
February 31 January HOG8
March 28 February HOH8
April 29 March HOJ8
May 30 April HOK8
June 31 May HOM8
July 29 June HON8
August 31 July HOQ8
September 31 August HOU8
October 28 September HOV8
November 31 October HOX8
December 30 November HOZ8
Delivery month Termination of trading Product Code
January 31 December HOF9
KT - Coffee
2015
2016
2017
Delivery month Termination of trading Product Code
May 21 April KTK5
July 19 June KTN5
September 20 August KTU5
December 18 November KTZ5
Delivery month Termination of trading Product Code
March 18 February KTH6
May 20 April KTK6
July 21 June KTN6
September 22 August KTU6
December 18 November KTZ6
Delivery month Termination of trading Product Code
March 16 February KTH7
NG - Henry Hub Natural Gas
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Delivery month Termination of trading Product Code
May 28 April NGK5
June 27 May NGM5
July 26 June NGN5
August 29 July NGQ5
September 27 August NGU5
October 28 September NGV5
November 28 October NGX5
December 25 November NGZ5
Delivery month Termination of trading Product Code
January 29 December NGF6
February 27 January NGG6
March 25 February NGH6
April 29 March NGJ6
May 27 April NGK6
June 26 May NGM6
July 28 June NGN6
August 27 July NGQ6
September 29 August NGU6
October 28 September NGV6
November 27 October NGX6
December 28 November NGZ6
Delivery month Termination of trading Product Code
January 28 December NGF7
February 27 January NGG7
March 24 February NGH7
April 29 March NGJ7
May 26 April NGK7
June 26 May NGM7
July 28 June NGN7
August 27 July NGQ7
September 29 August NGU7
October 27 September NGV7
November 27 October NGX7
December 28 November NGZ7
Delivery month Termination of trading Product Code
January 27 December NGF8
February 29 January NGG8
March 26 February NGH8
April 27 March NGJ8
May 26 April NGK8
June 29 May NGM8
July 27 June NGN8
August 27 July NGQ8
September 29 August NGU8
October 26 September NGV8
November 29 October NGX8
December 28 November NGZ8
Delivery month Termination of trading Product Code
January 27 December NGF9
February 29 January NGG9
March 26 February NGH9
April 27 March NGJ9
May 26 April NGK9
June 29 May NGM9
July 26 June NGN9
August 29 July NGQ9
September 28 August NGU9
October 26 September NGV9
November 29 October NGX9
December 26 November NGZ9
Delivery month Termination of trading Product Code
January 27 December NGF0
February 29 January NGG0
March 26 February NGH0
April 27 March NGJ0
May 28 April NGK0
June 27 May NGM0
July 26 June NGN0
August 29 July NGQ0
September 27 August NGU0
October 28 September NGV0
November 28 October NGX0
December 25 November NGZ0
Delivery month Termination of trading Product Code
January 29 December NGF1
February 27 January NGG1
March 24 February NGH1
April 29 March NGJ1
May 28 April NGK1
June 26 May NGM1
July 28 June NGN1
August 28 July NGQ1
September 27 August NGU1
October 28 September NGV1
November 27 October NGX1
December 26 November NGZ1
Delivery month Termination of trading Product Code
January 29 December NGF2
February 27 January NGG2
March 24 February NGH2
April 29 March NGJ2
May 27 April NGK2
June 26 May NGM2
July 28 June NGN2
August 27 July NGQ2
September 29 August NGU2
October 28 September NGV2
November 27 October NGX2
December 28 November NGZ2
Delivery month Termination of trading Product Code
January 28 December NGF3
February 27 January NGG3
March 24 February NGH3
April 29 March NGJ3
May 26 April NGK3
June 26 May NGM3
July 28 June NGN3
August 27 July NGQ3
September 29 August NGU3
October 27 September NGV3
November 27 October NGX3
December 28 November NGZ3
Delivery month Termination of trading Product Code
January 27 December NGF4
February 29 January NGG4
March 27 February NGH4
April 26 March NGJ4
May 26 April NGK4
June 29 May NGM4
July 26 June NGN4
August 29 July NGQ4
September 28 August NGU4
October 26 September NGV4
November 29 October NGX4
December 26 November NGZ4
Delivery month Termination of trading Product Code
January 27 December NGF5
February 29 January NGG5
March 26 February NGH5
April 27 March NGJ5
PA - Palladium
2015
2016
Delivery month Termination of trading Product Code
April 28 April PAJ5
May 27 May PAK5
June 26 June PAM5
July 29 July PAN5
September 28 September PAU5
December 29 December PAZ5
Delivery month Termination of trading Product Code
March 29 March PAH6
June 28 June PAM6
PL - Platinum
2015
2016
Delivery month Termination of trading Product Code
April 28 April PLJ5
May 27 May PLK5
June 26 June PLM5
July 29 July PLN5
October 28 October PLV5
Delivery month Termination of trading Product Code
January 27 January PLF6
April 27 April PLJ6
July 27 July PLN6
XBZ - Brent Crude Oil Last Day Financial Futures
2015
2016
2017
2018
2019
2020
2021
2022
Delivery month Termination of trading Product Code
May 16 April XBZK5
June 15 May XBZM5
July 16 June XBZN5
August 17 July XBZQ5
September 17 August XBZU5
October 16 September XBZV5
November 16 October XBZX5
December 16 November XBZZ5
Delivery month Termination of trading Product Code
January 17 December XBZF6
February 15 January XBZG6
March 01 February XBZH6
April 01 March XBZJ6
May 01 April XBZK6
June 03 May XBZM6
July 01 June XBZN6
August 01 July XBZQ6
September 01 August XBZU6
October 01 September XBZV6
November 03 October XBZX6
December 01 November XBZZ6
Delivery month Termination of trading Product Code
January 01 December XBZF7
February 30 December XBZG7
March 01 February XBZH7
April 01 March XBZJ7
May 03 April XBZK7
June 02 May XBZM7
July 01 June XBZN7
August 03 July XBZQ7
September 01 August XBZU7
October 01 September XBZV7
November 02 October XBZX7
December 01 November XBZZ7
Delivery month Termination of trading Product Code
January 01 December XBZF8
February 29 December XBZG8
March 01 February XBZH8
April 01 March XBZJ8
May 03 April XBZK8
June 01 May XBZM8
July 01 June XBZN8
August 02 July XBZQ8
September 01 August XBZU8
October 03 September XBZV8
November 01 October XBZX8
December 01 November XBZZ8
Delivery month Termination of trading Product Code
January 03 December XBZF9
February 31 December XBZG9
March 01 February XBZH9
April 01 March XBZJ9
May 01 April XBZK9
June 01 May XBZM9
July 03 June XBZN9
August 01 July XBZQ9
September 01 August XBZU9
October 02 September XBZV9
November 01 October XBZX9
December 01 November XBZZ9
Delivery month Termination of trading Product Code
January 02 December XBZF0
February 31 December XBZG0
March 03 February XBZH0
April 02 March XBZJ0
May 01 April XBZK0
June 01 May XBZM0
July 01 June XBZN0
August 01 July XBZQ0
September 03 August XBZU0
October 01 September XBZV0
November 01 October XBZX0
December 02 November XBZZ0
Delivery month Termination of trading Product Code
January 01 December XBZF1
February 31 December XBZG1
March 01 February XBZH1
April 01 March XBZJ1
May 01 April XBZK1
June 04 May XBZM1
July 01 June XBZN1
August 01 July XBZQ1
September 02 August XBZU1
October 01 September XBZV1
November 01 October XBZX1
December 01 November BZZ1
Delivery month Termination of trading Product Code
January 01 December XBZF2
February 31 December XBZG2
March 01 February XBZH2
April 01 March XBZJ2
May 01 April XBZK2
June 03 May XBZM2
July 01 June XBZN2
August 01 July XBZQ2
September 01 August XBZU2
October 01 September XBZV2
November 03 October XBZX2
December 01 November XBZZ2
XRB - RBOB Gasoline
2015
2016
2017
2018
Delivery month Termination of trading Product Code
May 30 April XRBK5
June 29 May XRBM5
July 30 June XRBN5
August 31 July XRBQ5
September 31 August XRBU5
October 30 September XRBV5
November 30 October XRBX5
December 30 November XRBZ5
Delivery month Termination of trading Product Code
January 31 December XRBF6
February 29 January XRBG6
March 29 February XRBH6
April 31 March XRBJ6
May 29 April XRBK6
June 31 May XRBM6
July 30 June XRBN6
August 29 July XRBQ6
September 31 August XRBU6
October 30 September XRBV6
November 31 October XRBX6
December 30 November XRBZ6
Delivery month Termination of trading Product Code
January 30 December XRBF7
February 31 January XRBG7
March 28 February XRBH7
April 31 March XRBJ7
May 28 April XRBK7
June 31 May XRBM7
July 30 June XRBN7
August 31 July XRBQ7
September 31 August XRBU7
October 29 September XRBV7
November 31 October XRBX7
December 30 November XRBZ7
January 29 December XRBF8
Delivery month Termination of trading Product Code
February 31 January XRBG8
March 28 February XRBH8
April 29 March XRBJ8
May 30 April XRBK8
Using the Expiration list you can find symbols which mean the expiry month that is the month of expiration of futures on a contract.
 
The symbols listed are universal and used in various derivatives markets.

Gap Level Values

EXNESS guarantees no slippage for nearly all pending orders, executed 3 hours after the trading opens on a particular Forex instrument. Exceptions are orders that fall in the price gap, for which the following rule applies: if the price specified in the pending order falls into the gap, and the difference (absolute value) in points between the first market quote (after the gap) and the price of the order is equal to or exceeds a certain number of points (gap level) for a particular instrument, such an order will be executed at the first market quote that follows the gap. In all remaining cases the order execution price will correspond to the price specified in the order.

Currency pair Gap Level, in points
EURUSD 8
GBPUSD 10
USDCHF 10
USDJPY 8
EURJPY 10
GBPJPY 15
AUDUSD 10
USDCAD 10
EURGBP 8
EURCHF 10
GBPCHF 12
XAUUSD 250
XAGUSD 40

Examples of execution of pending orders

Example 1:

Suppose that a trader placed a pending Buy Stop order for a EUR/USD instrument at the price 1.30560. Suppose also that in a certain period of time for this instrument (EUR/USD) a price gap has appeared. In addition, the last Ask price before the gap was 1.30550, and the first Ask price after the gap was 1.30620. In order to determine the price for executing the Buy Stop order, we find the difference (absolute value) in points between the first price of the instrument after the gap and the price of the order: |(1.30620 - 1.30560)| = 0.00060 = 6 points. Next, compare this difference with the value for the Gap Level for the given instrument in the table. In the above example, the first market price is different from the order price by an amount less than the Gap level value (6 <8). Therefore, the Buy Stop order will be executed at the price indicated on it, namely 1.30560. Thus, the trader's order is executed at a price which is 6 points more profitable than the current market price.

Example 2:

Suppose that the trader placed a pending Sell Stop order for a GBP/USD instrument at a price of 1.40280. Suppose also that for a particular period of time a price gap appears for a given instrument (GBP/USD). In addition, the last Bid price before the gap was 1.40300, and the first Bid price after the gap was 1.40170. In order to determine the price for executing the Sell Stop order, we will find the difference (absolute value) in points between the first price of the instrument after the gap and the order price: |(1.40170 — 1.40280)| = 0.00110 = 11 points. Next, compare this difference with the Gap Level value for the given instrument in the table. In the above example, the first market price is different from the order price by an amount greater than the value of the Gap level (11> 10). Consequently, the Sell Stop order will be executed at the first market price that follows the break, namely 1.40170.

Examples of the commission fee calculation

Example 1:

To position Buy 0.5 lot USD/CHF, the transaction volume is 50,000 USD. Considering that for a USD 1,000,000 transaction size commission is charged for both opening and closing the position at USD 25 each, for this transaction it will be: 2 х (25 х 50,000 / 1,000,000) = 2.5 USD. The commission fee is deducted from the account during the opening of the transaction for both the operations at once (opening and closing).

Example 2:

For a "Buy 1 lot EUR/USD" position the transaction size is 100,000 EUR, which corresponds to 125,000 USD, given a EUR/USD exchange rate of 1.25000. Considering that for a USD 1,000,000 transaction size commission is charged for both opening and closing the position at USD 25 each, for this transaction it will be: 2 х (25 х 125 000 / 1 000 000) = 6.25 USD. The commission fee is deducted from the account during the opening of the transaction for both the operations at once (opening and closing).

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