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Migration to new liquidity provider for CFD Indices

November 14, 2017

We have an announcement to make regarding our migration to a new liquidity provider for CFD Indices. You can find the new CFD symbols in your trading platform. If you don’t see them in the ‘Market Watch’ window, please right-click anywhere within the window and click ‘Show all’.

Please note that old CFD symbols will be ‘Close only’ starting from next Monday, 20th November, which means that you can’t open new trades on the old symbols starting from that date and any existing trades from then on can only be closed.

The new CFD symbols will have the same Margin requirements. However, contract sizes will be different. Please find the new indices symbols and their new contact sizes below:

OLD CFD SYMBOLOLD CONTACT SIZENEW CFD SYMBOLNEW CONTACT SIZE
JAPANCash5JAPANIndex1000
US500Cash50US500Index100
US30Cash5US30Index10
USTECHCash20USTECHCash10
DE30Cash25DE30Index10
UK100Cash10UK100Index10

How will this affect your trades?
The new indices symbols have different contact sizes, which means the profit/loss of your trade will be different too.
For example, a new 0.1 lot trade on US30Index will cost you two times more than a 0.1 lot trade on US30Cash, because the contract size for the new US30 symbol is twice higher (10 compared to 5); so, please take this into account in your future trading.
Please be aware that JAPANIndex will now have margin and profit calculated in JPY instead of USD.

We highly recommend you check the trading specifications for our new indices symbols on the following page: https://myfxchoice.com/trading/cfds/

Please bear in mind that we are doing this to create the best possible trading environment for you.

Should you have any questions regarding the changeover, please do not hesitate to Contact us.

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