Indices Trading

All trading hours are GMT+2 winter time and GMT+3 summer time (Server time).

* Spreads applicable under normal trading conditions.

** For margin requirements and all symbols and leverage, refer to the Products Specifications of the designated entitiy.

*** Minimum level for placing SL and TP as well as Stop and Limit Orders from a current market price.
Pending orders = Stop Loss (SL), Take Profit (TP), Limit Buy/Sell, Stop Buy/Sell, Trailing.

Leverage/Margin

OXIS Trades uses a dynamic leverage model on Forex products, which automatically adjusts depending on the client's trading positions. As the customer increases the size of open positions in a given trading instrument, the maximum leverage offered decreases. To know more and get some examples, please download the example sheet available on this link.

Clients interested in using dynamic leverage are requested to login to their accounts through the member’s area and request the leverage they desire. Note that terms and conditions apply when changing Leverage.

OXIS Trades reserves the right to change margin requirements at any point, including overnight, around expected major news/events that could cause high volatility and/or during weekends and holidays and/or between closing/re-opening sessions. OXIS Trades will attempt to notify the client before applying any changes on the margin requirements but does not guarantee it will always be able to do so.

OXIS Trades reserves the right to hedge positions opened by the client by opening opposite positions on the market at any point, including overnight, around expected major news/events that could cause high volatility and/or during weekends and holidays and between closing/re-opening sessions. OXIS Trades will try to notify the client before hedging open positions but does not guarantee it will always be able to do so.

In case of sharp market moves against the client, positions are automatically liquidated and as a result, significant losses may occur.

Dividend Adjustments on Cash Indices

CFDs on Cash Indices will be subject to dividend adjustments. When a constituent member of an index pays Dividends to its Shareholders, dividend adjustments will be made to accounts of clients holding a position on the ex-Dividend Date.

Margin requirements for CFDs on Cash Indices, with an upcoming Dividends, may increase a multiple from the normal percentage, 5 business days prior to the corporate event, and may remain in effect after the corporate event at OXIS Trades sole discretion.

During the affected period, new margin requirements will apply for all existing and new trades. OXIS Trades clients remain fully responsible for monitoring both the required margin of their account and free margin prior, during and post the affected period. As a result of the above, OXIS Trades clients understand and accept that this may result in their account incurring a margin call and/or stop out.

Dividends

• OXIS Trades reserves the right at its full discretion and without prior notification to increase margin requirements prior to the release of a dividend.
• Long Positions – Clients holding long positions on the ex-div date will receive a dividend in the form of a cash adjustment (deposit).
• Short Positions – Clients holding short positions on the ex-div date will be charged the dividend amount in the form of a cash adjustment (withdrawal)

Overnight Policy

OXIS Trades Overnight Policy is aimed at providing competitive rollover conditions to its clients. To know more about our overnight policy, click here.