MONT FLEURI, Mahe Seychelles (PRWEB) July 30, 2019
The online brokerage company Clicktrades recently released key information for its CFD trading clients. Operated by KW Investments Limited, the operated announced the next CFD automatic rollover date for Oil and India50 CFDs.
CFDs on Bonds, Commodities, and Indices are based on the underlying futures contracts and these contracts have an expiration date. As a result, CFDs are switched from the expiring futures contract to a new one through the weekly rollover.
Rollover dates are important for traders, due to their impact on existing orders. Any of the existing pending orders (take profit, stop loss, entry limit, or entry stop) that had been placed on an instrument due to expire, will be adjusted to symmetrically reflect the difference between the price of the expiring contract and the price of the next contract on the rollover date, at 21:00 GMT.
In addition, traders who hold positions open at 21:00 GMT on the rollover date, will be adjusted for the difference between the price of the expiring contract and the price of the new contract through a swap charge or credit, which will be processed at 21:00 GMT, on their balance.
The 19th of July had been set as the next Clicktrades CFD Automatic Rollover date for Oil (contracts from August 2019 to September 2019) and India50 (contracts from July 2019 to August 2019).
Clicktrades is specialized in offering CFD trading services for retail traders, with a wide coverage of assets like bonds, commodities, forex, indices, shares, and ETFs. Its main features include proprietary web-based platform, competitive spreads, market news, and a dynamic analysis tool in the form of Trading Central, which is a top-leading analysis tool, developed by a brand that has supported investment decisions since 1999.
HIGH-RISK INVESTMENT WARNING: Trading Forex and CFDs is highly speculative, involves significant risk of loss and is not suitable for all investors. Before trading, you are strongly advised to read and ensure that you understand the relevant risk disclosures and warnings. There is a substantial risk that you may lose all of your initial investment. We advise you to consider whether trading leveraged products is appropriate for you in light of your own personal circumstances. We recommend that you ensure you fully understand all the risks involved before trading. Trading through an online platform carries additional risks. Refer to our Regulation section here.
Clicktrades does not establish accounts to residents of certain jurisdictions including Japan, Canada, and the USA. For further details please see Terms & Conditions.
Exclusive Payment Agent to KW Investments Ltd: Key Way Solutions Ltd, with registration number: HE388418 and registered address Arch.Makariou III, 74, Amaranton Court, 3rd Floor, Mesa Geitonia, 4003, Limassol, Cyprus.