Traded Financial Instruments |
| FxPulp clients can trade in foreign currencies, metals, oil, natural gas, and indices in the underlying markets using CFDs (Contracts for Difference). CFDs allow trading on a variety of different financial markets and are popular Over-the-Counter (OTC) hence the differences in settlement (profits & losses) are made through cash payments whether for spot settlement on current market prices, or futures delivery and futures contracts trading. |
Products Specifications: |
All the following specifications are subject to change without prior notification due to different market conditions and also changes within the relevant exchange. However, all efforts are made to ensure a reasonable notification period is given. FxPulp does have good history in keeping spreads tight, margins low and offering transparent prices. |
CFD's on Major
Currencies |
Symbol |
Type |
Lot Size |
Spread |
Margin (1) |
Min.
Fluctuation |
Orders (2) |
Execution |
| Euro/Dollar |
EURUSDi |
Spot |
100,000 EUR |
Interbank |
1,000 USD |
0.00001 |
80 points |
Market |
| Pound/Dollar |
GBPUSDi |
Spot |
100,000 GBP |
Interbank |
1,000 USD |
0.00001 |
80 points |
Market |
| Dollar/Yen |
USDJPYi |
Spot |
100,000 USD |
Interbank |
1,000 USD |
000.001 |
80 points |
Market |
| Dollar/Canadian |
USDCADi |
Spot |
100,000 USD |
Interbank |
1,000 USD |
0.00001 |
80 points |
Market |
| Dollar/Franc |
USDCHFi |
Spot |
100,000 USD |
Interbank |
1,000 USD |
0.00001 |
80 points |
Market |
| Australian/Dollar |
AUDUSDi |
Spot |
100,000 AUD |
Interbank |
1,000 USD |
0.00001 |
80 points |
Market |
| New Zealand/Dollar |
NZDUSDi |
Spot |
100,000 NZD |
Interbank |
1,000 USD |
0.00001 |
80 points |
Market |
|
CFD's on Cross
Currencies |
Symbol |
Type |
Lot Size |
Spread |
Margin (1) |
Min.
Fluctuation |
Orders (2) |
Execution |
| Pound/Yen |
GBPJPYi |
Spot |
100,000 GBP |
Interbank |
1,000 USD |
000.001 |
120 points |
Market |
| Euro/Pound |
EURGBPi |
Spot |
100,000 EUR |
Interbank |
1,000 USD |
0.00001 |
80 points |
Market |
| Euro/Yen |
EURJPYi |
Spot |
100,000 EUR |
Interbank |
1,000 USD |
000.001 |
80 points |
Market |
| Euro/Franc |
EURCHFi |
Spot |
100,000 EUR |
Interbank |
1,000 USD |
0.00001 |
80 points |
Market |
| Euro/Canadian |
EURCADi |
Spot |
100,000 EUR |
Interbank |
1,000 USD |
0.00001 |
150 points |
Market |
| Euro/Australian |
EURAUDi |
Spot |
100,000 EUR |
Interbank |
1,000 USD |
0.00001 |
250 points |
Market |
| Pound/Franc |
GBPCHFi |
Spot |
100,000 GBP |
Interbank |
1,000 USD |
0.00001 |
150 points |
Market |
| Pound/Canadian |
GBPCADi |
Spot |
100,000 GBP |
Interbank |
1,000 USD |
0.00001 |
150 points |
Market |
| Franc/Yen |
CHFJPYi |
Spot |
100,000 CHF |
Interbank |
1,000 USD |
000.001 |
100 points |
Market |
| Pound/Australian |
GBPAUDi |
Spot |
100,000 GBP |
Interbank |
1,000 USD |
0.00001 |
150 points |
Market |
| Pound/ New Zealand |
GBPNZDi |
Spot |
100,000 GBP |
Interbank |
1,000 USD |
0.00001 |
500 points |
Market |
| Australian/Canadian |
AUDCADi |
Spot |
100,000 AUD |
Interbank |
1,000 USD |
0.00001 |
150 points |
Market |
| Australian/Yen |
AUDJPYi |
Spot |
100,000 AUD |
Interbank |
1,000 USD |
000.001 |
100 points |
Market |
| New Zealand/Canadian |
NZDCADi |
Spot |
100,000 NZD |
Interbank |
1,000 USD |
0.00001 |
150 points |
Market |
| New Zealand/Yen |
NZDJPYi |
Spot |
100,000 NZD |
Interbank |
1,000 USD |
000.001 |
100 points |
Market |
|
CFD's on
Currencies
Futures |
Symbol |
Lot Size |
Spread |
Margin (1) |
Min.
Fluctuation |
Orders (2) |
Execution |
Delivery Months (3) |
| Euro Currency |
EC |
125,000 EUR |
Market |
1,000 USD |
0.0001 |
5 points |
Market |
Mar, Jun, Sep, Dec |
| British Pound |
BP |
62,500 GBP |
Market |
1,000 USD |
0.0001 |
5 points |
Market |
Mar, Jun, Sep, Dec |
| Japanese Yen |
JY |
12,500,000 Yen |
Market |
1,000 USD |
0.0001 |
5 points |
Market |
Mar, Jun, Sep, Dec |
| Canadian Dollar |
CD |
100,000 CAD |
Market |
1,000 USD |
0.0001 |
5 points |
Market |
Mar, Jun, Sep, Dec |
| Swiss Franc |
SF |
125,000 CHF |
Market |
1,000 USD |
0.0001 |
5 points |
Market |
Mar, Jun, Sep, Dec |
| Australian Dollar |
AD |
100,000 AUD |
Market |
1,000 USD |
0.0001 |
5 points |
Market |
Mar, Jun, Sep, Dec |
New Zealand
Dollar |
NZ |
100,000 NZD |
Market |
1,000 USD |
0.0001 |
5 points |
Market |
Mar, Jun, Sep, Dec |
|
CFD’s on
Metals |
Symbol |
Type |
Lot Size |
Spread |
Margin (1) |
Min.
Fluctuation |
Orders (2) |
Execution |
Delivery Months (3) |
| Spot Gold |
XAUUSDi |
Spot |
100 Ounces |
Market |
1,000 USD |
0.05 |
100 points |
Market |
- |
| Spot Silver |
XAGUSDi |
Spot |
5,000 Ounces |
Market |
1,000 USD |
0.01 |
15 points |
Market |
- |
| Futures Gold |
GC |
Futures |
100 Ounces |
Market |
1,000 USD |
0.1 |
10 point |
Market |
Feb, April, Jun,
Aug, Oct, Dec |
| Futures Silver |
SI |
Futures |
5,000 Ounces |
Market |
1,000 USD |
0.005 |
100 point |
Market |
Mar, May, Jul, Sep, Dec |
|
CFD’s on Indices
Futures |
Symbol |
Lot Size |
Spread |
Margin (1) |
Min.
Fluctuation |
Orders (2) |
Execution |
Delivery Months (3) |
| S&P 500 |
SP |
$10 X SP
Point |
Market |
1,000 USD |
000.1 |
2 points |
Market |
Mar, Jun, Sep, Dec |
| NASDAQ 100 |
ND |
$10 X ND
Point |
Market |
1,000 USD |
0001 |
5 points |
Market |
Mar, Jun, Sep, Dec |
| Dow Jones |
DJ |
$10 X DJ
Point |
Market |
1,000 USD |
0001 |
10 points |
Market |
Mar, Jun, Sep, Dec |
|
CFD’s on Energies
Futures |
Symbol |
Lot Size |
Spread |
Margin (1) |
Min.
Fluctuation |
Orders (2) |
Execution |
Delivery Months (3) |
| L. S. Crude Oil |
CL |
1,000
Barrels |
Market |
1,000 USD |
0.005 |
100 points |
Market |
All 12 Months |
| Natural Gas |
NG |
10,000
MMBTU |
Market |
1,000 USD |
0.005 |
100 points |
Market |
All 12 Months |
|
Trading Hours:
|
| Instrument |
| |
| CFD’s on Spot Forex (Majors & Crosses) |
| CFD’s on Forex Futures (Majors) |
CFD’s on Spot & Futures Metals
(Gold & Silver) |
| CFD’s on Energies Futures (CL & NG) |
| CFD’s on US Indices Futures (SP, ND, DJ) |
|
| Days |
| |
| Sunday - Friday |
| Sunday - Friday |
Sunday - Friday
|
| Sunday - Friday |
| Sunday - Friday |
|
| Winter (GMT) |
| Open |
Close |
Daily Closing |
| 22:00 |
22:00 |
None |
| 23:00 |
22:00 |
22:00 - 23:00 |
23:00
|
22:00
|
22:15 - 23:00
|
| 23:00 |
22:00 |
22:15 - 23:00 |
| 23:00 |
21:15 |
21:15 - 21:30
22:30 – 23:00 |
|
|
| Summer (GMT) |
| Open |
Close |
Daily Closing |
| 21:00 |
21:00 |
None |
| 22:00 |
21:00 |
21:00 - 22:00 |
22:00
|
21:00
|
21:15 - 22:00
|
| 22:00 |
21:00 |
21:15 - 22:00 |
| 22:00 |
20:15 |
20:15 - 20:30
21:30 – 22:00 |
|
|
|
More Details:
|
(1) Margin Requirements: |
| For spot trading in CFDs (currencies, metals), the required margin to place and maintain 1 standard lot open position is 1,000 USD (on the default leverage 1-100), while on other leverage options it varies according to the account leverage. |
When trading in futures contracts, a fixed amount (1,000 USD per each standard lot) will be held as margin for each contract regardless to the account leverage.
|
The held margin for a hedged position is the same for one open position of the same volume. For example, the held margin for 1 standard lot hedged position of Natural Gas futures contract is 1,000 USD.
|
(2) Pending Orders Distances:
|
The minimum allowed distance between the pending order price and the current market price at the time of placing the order (S/L, T/P, Buy Stop, Sell Stop, Buy Limit, and Sell Limit) is specified in the number of points (according to decimal digits). All those distances may widen during volatile market conditions and news releases, and as Pulp International Business Ltd "FxPulp" sees fit.
|
(3) Delivery Details for CFD's on Futures Contracts:
|
For all CFD's on futures contracts, FxPulp traders will receive a notification to close each contract around 2 days prior its delivery date.
|
|
* All the specifications above are subject to change without prior notification due to different market conditions and also changes within the relevant exchange. However, all efforts are made to ensure a reasonable notification period is given. FxPulp does have good history in keeping spreads tight, margins low and offering transparent prices.
|