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
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Quote currency
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Instrument
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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***
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Symbol Description Spread* Margin requirements** Swap, in points Stop
1:2000 1:1000 1:200 Long Short Level***
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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 1:1000 1:200 Long Short
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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 Level***
1:2000 1:200 1:100 Long Short
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Symbol Description Currency Tick size Tick value Initial Margin Commission mini Commission classic
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Symbol Description Spread* Margin requirements** Swap, in points Stop
1:400 1:200 1:100 Long Short Level***
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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]}}
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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 1:1тen 00 Long Short
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Symbol Description Currency Tick size Tick value Initial Margin Commission mini Commission classic
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Symbol Description Spread* Commission Margin requirements** Swap, in points
1:100 1:50 1:10 Long Short
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*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

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.

In order to find out the day of termination of trading on the futures contract of your interest, please download the file with the Expiration list.

Symbol Description Expiration list
UB Brent Crude Oil UB_Expiration.pdf
CLT Light Sweet Crude Oil CLT_Expiration.pdf
NN Henry Hub Natural Gas NN_Expiration.pdf
HD Heating Oil HD_Expiration.pdf
RTT RBOB Gasoline RTT_Expiration.pdf
PA Palladium PA_Expiration.pdf
PL Platinum PL_Expiration.pdf
CJ Cocoa CJ_Expiration.pdf
KT Coffee KT_Expiration.pdf
TT Cotton TT_Expiration.pdf
YO Sugar #11 YO_Expiration.pdf

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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