Please be advised that on June 5, 2017, 00:00-01:00 (UTC+2), contract size for certain Forex instruments by TeleTrade will be changed in order to ensure uniformity of our trading conditions and offer you better trading experience.
Standard contract size will be reduced from 150 000 to 100 000 units of base currency for the following instruments: AUDCAD, AUDCHF, AUDNOK, AUDNZD, AUDSEK, AUDSGD, AUDUSD, CADCHF, CHFSGD, EURAUD, EURCAD, EURCHF, EURHUF, EURNOK, EURNZD, EURPLN, EURSEK, EURSGD, GBPCHF, GBPDKK, GBPNOK, GBPSEK, GBPSGD, NZDSGD, NZDUSD, USDCAD, USDCHF, USDDKK, USDHUF, USDMXN, USDNOK, USDPLN, USDSEK, USDSGD, USDZAR.
The change will affect open positions in the above instruments for all types of accounts for both MT4 and MT5 platforms.
Please note that once the change is implemented, lot size of open positions in the above instruments will be re-scaled pro-rata, i.e. will increase by 1.5x of its original size. For example, a position resulting from a trade in 5 lots of USDCHF, 150 000 units, equivalent to USD 750 000, after implementing the said changes of standard contract size, will be accounted as 7.5 lots of 100 000 units, still equivalent to USD 750 000.
In cases of fractional positions, the newly calculated lot size of such positions may be rounded to the nearest available fraсtion (0.1 or 0.01, depending on the account type) with the following adjustments:
Please keep the above information in mind when planning your trading in the instruments that are to be affected by the change.
Also, please keep in mind that the trading platforms will not be accessible during the implementation of the above changes on June 5, 2017, 00:00-01:00 (UTC+2).
Please note that this communication serves as a notice of amendment of the terms of the Operative Agreement as per clause 24 of TeleTrade Client Agreement.
We'll gladly answer any of your inquiries on the above. You are welcome to address your questions to our Representative Offices at your convenience, or to our technical support team.
Phone: (+357) 22314160
Wishing you successful trading!
© 2000-2023. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Japan and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at email@example.com.