Published 2 years ago

Trading Update – 7 Sep 2023

|Trading update

All times hereafter are expressed in the MetaTrader platform time (GMT+3/ CEST+1).


Due to scheduled maintenance on Saturday, 9 September 2023, all platforms will be unavailable for trading from 12:00 pm to 6:00 pm. Kindly be reminded that on top of this, cTrader also has different trading hours during the weekend. Therefore make sure to manage your trades accordingly.


We are thrilled to announce that starting from Monday 21 August 2023, agricultural soft commodities (COCOA.c, COFFEE.c, CORN.c, SOYBEAN.c, WHEAT.c) were introduced for Free Trials on MT4 and MT5 before being introduced on Evaluations and FTMO Accounts in the near future after the testing phase.


Please note that on Friday 8 September 2023, the Hong Kong exchange was closed for the whole day due to adverse weather conditions in Hong Kong. This resulted in the symbol HK50.cash not to have quotes for the same day. Trading resumed normally on Monday 11 September.


Please note that on Friday 1 September 2023, the Hong Kong exchange was closed for the whole day due to adverse weather conditions in Hong Kong. This resulted in the symbol HK50.cash not to have quotes for the same day. Trading resumed normally on Monday 4 September.


Overnight rollover swaps are subject to regular changes and adjustments, reflecting, among other things, interest rate differentials and dividend adjustments. If you are holding positions overnight, please be reminded that it is your responsibility to check these swaps in the contract specification for each symbol, and to adjust (if needed) and manage your positions accordingly. FTMO is not responsible for trading results affected by swap changes or adjustments.

 

The situation in Ukraine - geopolitical development, sanctions, and markets


Due to the war in Ukraine, traders can experience increased uncertainty in the markets, accompanied by increased volatility on many assets, along with the possibility of price spikes, whipsaws, flash crashes, spread widening and liquidity supply issues. Traders are advised to pay extra caution while trading during these times. Risk management and capital preservation should be the key focus of every trader, just as being aware and adaptive to the market conditions that might be unpredictable or risky.


Unfortunately, at this time, we are not allowed to process payments to regions of Donetsk, Luhansk, and Crimea in Ukraine and our clients from there, as per the latest sanctions imposed in connection with the war in Ukraine. There are also sanctions targeting some Russian banks and high-profile individuals. We are not allowed to process any payouts to clients and banks on the sanction list. Payouts to our clients from/in the subject locations, or being subject to the sanctions list, will be possible once the imposed sanctions are lifted. Crypto payouts are included in the restrictions.


All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. FTMO only provides services of simulated trading and educational tools for traders.

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