Trading updates – 18 Aug 2022 edition
- Starting from Saturday, 20 August 2022, MT4 and MT5 platforms will calculate free margin based on the account balance instead of the account equity.
- Going forward, our maximum order size for Forex pairs will be set to 50 lots (only applicable to MT4 and MT5). If you would like to open a bigger position, you will have to simply submit another market order.
Due to the recently announced TSLA stock split with a 3-to-1 ratio becoming effective on Thursday, 25 August 2022, all traders are required to close their positions and delete any pending orders on the symbol before the market close on Wednesday, 24 August 2022, regardless of the account type or stage (FTMO Challenge, Verification, or FTMO Account). Any position held overnight will be closed at the last available price and all pending orders will be canceled as well. Trading on a split-adjusted basis will resume normally at the standard market open on Thursday, 25 August 2022.
NATGAS.f, on Friday, 26 August 2022, and USTN10.f on Tuesday, 30 August 2022 will roll their respective underlying futures contracts to the new contracts. In order to facilitate the process and protect the accounts from possible liquidity shortages and temporary price spikes, regardless of the account stage (FTMO Challenge, Verification, or FTMO Account) or the account type (Normal, Swing), traders are required to close their positions on the symbol before 9:00 am on the respective relevant day (Friday, 26 August 2022 for NATGAS.f and Tuesday, 30 August for USTN10.f). Trading will be enabled again at 10:05 am on the same day. Eventual positions left open after 9:00 am will be closed before 10:00 am at the prevailing market price. All times are expressed in the MetaTrader server time (GMT+3/CEST+1).
Overnight rollover swaps are subject to regular changes and adjustments, reflecting 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.