AND HOLIDAY SCHEDULE
Released regularly on Thursday afternoon or as needed in case of urgent matters.
Trading Update | 16 Jan 2025
All times hereafter are expressed in the MetaTrader platform time – GMT+2 (CET+1).
Weekend Maintenance:
There is no maintenance scheduled for the upcoming weekend.
Martin Luther King Day:
Due to Martin Luther King Day on Monday, 20 Jan 2025, there will be changes in trade hours as listed below:
- US30.cash, US100.cash, US500.cash, JP225.cash, and US2000.cash will have an early close at 20:00.
- Metals CFDs, HEATOIL.c, NATGAS.cash and USOIL.cash will have an early close at 21:30.
- UK100.cash and GER40.cash will have an early close at 23:00.
- US Equity and Agriculture will be closed for the whole day.
Renaming of FB to META on cTrader:
The symbol FB will be replaced by META on the cTrader platform starting on Monday, 27 Jan 2025. To ensure a smooth transition, we kindly ask you to close all FB trades by Friday, 24 Jan 2025, before the market closure. To help prevent any accidental entries into new positions, FB will be switched to close-only mode after its market closure on Thursday, 23 Jan 2025, at 23:00. Any positions remaining open after Friday’s market close will be closed at the prevailing market price.
Listing of HEATOIL.c on All Platforms:
HEATOIL.c has been available on Free Trial MT servers for multiple weeks, and we will be listing it on all platforms’ non-demo servers on Thursday, 16 Jan 2025. The symbol will initially be set to read-only, and trading will be enabled starting Monday, 20 Jan 2025. The symbol has been fully enabled on Free Trial servers, and there won’t be any disruptions affecting Free Trials.
HEATOIL.c is a spot CFD designed to track the spot price of heating oil. The contract size is 100, and the commission is 0.001% of the position’s notional value per roundtrip. The default trading hours will be Monday to Friday, 01:05 – 23:50, allowing positions to be held open through Monday-Friday on all account types. For non-Swing FTMO Accounts, traders must close positions before the weekend and any other announced market closures longer than 2 hours, such as changes based on holidays or maintenance.
Listing of DXY.cash on Demo Servers:
We are excited to announce the return of the Dollar Index – DXY.cash – to our platforms. The symbol will be listed on Thursday, 16 Jan 2025, initially available only for Free Trial Accounts on our MT4 and MT5 platforms. The symbol will initially be set to read-only, and trading will be enabled starting Monday, 20 Jan 2025. If everything goes according to plan, it will be fully listed on all platforms and servers during the following weeks.
DXY.cash is a CFD index that tracks U.S. dollar performance relative to a basket of six major foreign currencies. For this spot instrument, the contract size will be 100, the commission will be 0.001% of the position’s notional value per roundtrip, and the margin percentage will be at 6%. The default trading hours will be unique to the symbol, and as always, you can display it on the platform itself or on Symbols page.
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 Crimea, Sevastopol, Donetsk, Kherson, Luhansk, and Zaporizhzhia 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.
