FX CFDs
Post on: 3 Апрель, 2015 No Comment

Trade currencies, commodities and indices
24 hours a day*
Choose your market with Questrade FX & CFDs
Questrade FX and CFD trading allows you to speculate on the price movement of currencies, commodities and indices all from one account. Trade a variety of asset classes in flexible contract sizes at competitive margins. Trade long or short with the potential to profit in both rising and falling markets.
Note: Alberta residents must be accredited investors to open an FX & CFD account. CFD trading for Quebec residents is subject to regulatory approval.
What are FX & CFDs?
Foreign exchange (FX) contracts and contracts-for-difference (CFDs) are over-the-counter (OTC) derivatives that allow you to speculate on the price movement of currencies, metals, energy, agriculture and equity index products. When you open a Questrade FX & CFD account, you agree to exchange the difference between the opening price and the closing price of the FX or CFD position with Questrade. You do not acquire ownership of the underlying asset when you go long, nor are you required to deliver the underlying asset when you go short.
When you trade OTC FX or forex you are technically engaged in trading currency CFDs. This is because OTC FX neither provides the option nor imposes the obligation for settlement in the contract and counter currencies.
Some CFDs follow an expiration calendar which stipulates the expiry dates on which open contracts will be closed by Questrade. Please refer to CFD product details in the trader toolKit on the MT4 platform for more information regarding contract expiration.

* Platform may be subject to scheduled maintenance. See hours .
Hours
Questrade FX and CFDs are open for trading from 5 p.m. ET Sunday through 5 p.m. ET Friday. The Questrade MT4 platform has scheduled daily server maintenance from 5:30 p.m. to 5:45 p.m. ET. During this time you may call Questrade at 1.866.980.9591 option 2 to place a phone trade. The MT4 system is also taken offline on Saturday at 12 a.m. ET for approximately 20 minutes to perform weekly maintenance. On major holidays, trading hours are subject to change and customers are notified on a best efforts basis.
Commodity and index CFDs are traded only during the hours when the underlying execution venues are open for trading. Full details of CFD trading hours can be found in CFD product details in the trader toolkit on the MT4 platform.