CFD Expiration Dates
CFD instruments will be rolled over on the expiration dates as per the table below.
Please note that:
- Positions open at 21:00 GMT on the expiration date will be adjusted via a swap charge or credit to reflect the difference in price between the expiring and new contracts
- To avoid CFD rollovers, clients can close their CFD positions before the expiration date.
- Any existing pending order(s) (i.e. Stop Loss, Take Profit, Entry Stop or Entry Limit) placed on an instrument is automatically removed on the expiration date at 21:00 GMT.
|Platform name||Actual Expiration date||Roll over date|
*SWAP charges: Wednesday SWAP charge is x1 swap, Friday SWAP charge is x3 swap
Please note that the expiring CFDs will be rolled over to a new contract with a different price, according to the schedule in this page, on all platforms. The difference in price between the expiring CFD and the new CFD will be debited/credited to your account for any open position(s) that you hold. Your equity will not be affected at all.
Rollover during change of contract for 1 lot Buy on Brent Oil, spread is 5 pips and Swap is -0.5537 point
|Instrument||Old contract price||New contract price||Difference||Currency|
Here are the calculations for swap amount:
|Charge||Calculation||Amount in USD|
|CFD Rollover||volume*contract size*price difference||380|
|Spread Charge||Spread*volume*contract size||-50|
|Swaps total||CFD Rollover + Swaps + Spread Charge||324.463|