Forex
Trading Hours (US DAYLIGHT SAVING TIME)

Trading Time (GMT): 21:05 - 20:55

Daily Break Time (GMT): 20:55 - 21:11

Trading Conditions
Standard
Alpha
Major Currency Average Spread (pip) Commission Value per pip Contract Size
No Product Found.
Product Guide download
BCR Contract Specifications download
Trading Examples
Example 1:
Buying EURUSD
Assume that EURUSD is trading at 1.15066/1.15067 and you want to buy 0.50 lot (0.5 * 100,000 units) at 1.15067 (ask price or buy price) because you think the price will go up. Margin Requirement for EURUSD is 250 USD (500*0.5, under 200:1 leverage), which means that you have to deposit 250 USD as your initial margin.
Outcome
Your prediction was correct and the price goes up to 1.15232 / 1.15233. You decide to close your position at 1.15232 (bid price or sell price). The price has moved 16.5 pips (1.15232 – 1.15067) in your favour and your profit is 82.5 USD (16.5 pips * 0.5 lot * 10 USD pip value per lot).
*Commission and Swap Fees are not included in this example.
Example 2:
Selling EURUSD
Assume that EURUSD is trading at 1.15066/1.15067 and you want to sell 0.50 lot (0.5 * 100,000 units) at 1.15066 (bid price or sell price) because you think the price will go down. Margin Requirement for EURUSD is 250 USD (500*0.5, under 200:1 leverage), which means that you have to deposit 250 USD as your initial margin.
Outcome
Unfortunately, your prediction was wrong and the price goes up to 1.16304 / 1.16305. You decide to close your position at 1.16305 (ask price or buy price). The price has moved 123.9 pips (1.16305 – 1.15066) against you and your loss is 619.5 USD (123.9 pips * 0.5 lot * 10 USD pip value per lot).
*Commission and Swap Fees are not included in this example.
Related Reading
Metals
Trading Hours (US DAYLIGHT SAVING TIME)

Trading Time (GMT): 22:01 - 20:45

Daily Break Time (GMT): 21:00 - 22:01

Trading Conditions
Standard
Alpha
Major Currency Average Spread (pip) Commission Value per pip Contract Size
No Product Found.
Product Guide download
BCR Contract Specifications download
Trading Examples
Example 1:
BUYING XAUUSD
Assume that XAUUSD is trading at 1291.42/1291.50 and you want to buy 1.20 lots (1.2 * 100 oz.) at 1291.50 (ask price or buy price) because you think the price will go up. Margin Requirement for XAUUSD is 600 USD (500*1.2, under 200:1 leverage), which means that you have to deposit 600 USD as your initial margin.
Outcome
Your prediction was correct and the price goes up to 1305.23 / 1305.31. You decide to close your position at 1305.23 (bid price or sell price). The price has moved 137.3 pips (1305.23 – 1291.50) in your favour and your profit is 1647.6 USD (137.3 pips * 1.2 lots * 10 USD pip value per lot).
*Commission and Swap Fees are not included in this example.
Example 2:
SELLING XAUUSD
Assume that XAUUSD is trading at 1291.42/1291.50 and you want to sell 1.20 lots (1.2 * 100 oz.) at 1291.42 (bid price or sell price) because you think the price will go down. Margin Requirement of XAUUSD is 600 USD (500*1.2, under 200:1 leverage), which means that you have to deposit 600 USD as your initial margin.
Outcome
Unfortunately, your prediction was wrong and the price goes up to 1302.25 / 1302.33. You decide to close your position at 1302.33 (ask price or buy price). The price has moved 123.9 pips (1302.33 – 1291.42) against you and your loss is 1309.2 USD (109.1 pips * 1.2 lots * 10 USD pip value per lot).
*Commission and Swap Fees are not included in this example.
Related Reading
Commodities
Trading Hours (US DAYLIGHT SAVING TIME)
Commodities Trading Time (GMT) Daily Break Time (GMT)
#CL 22:01 - 20:00 21:00 - 22:01
XTIUSD
XNGUSD
XBRUSD 00:01 - 20:00 21:00 - 00:01
Expiration Dates
US Crude Oil
Sep. (U0) Oct. (V0) Nov. (X0) Dec. (Z0)
Aug 19th 2020 Sep 21st 2020 Oct 19th 2020 Nov 19th 2020

* In order to avoid price volatility, BCR's Expiration Date may not coincide with expiration dates of physical exchanges.
Trading Conditions
Standard
Alpha
Major Currency Average Spread (pip) Commission Value per pip Contract Size
No Product Found.
Product Guide download
BCR Contract Specifications download
Trading Examples
Example 1:
BUYING Crude Oil (XTIUSD)
Assume that Crude Oil (XTIUSD) is trading at 52.78/52.82 and you want to buy 2.00 lots (2 * 1000 Barrels) at 52.82 (ask price or buy price) because you think the price will go up. Margin Requirement for XTIUSD is 1000 USD (500*2, under 200:1 leverage), which means that you have to deposit 1000 USD as your initial margin.
Outcome
Your prediction was correct and the price goes up to 53.98 / 54.02. You decide to close your position at 53.98 (bid price or sell price). The price has moved 116 pips (53.98 – 52.82) in your favour and your profit is 2320 USD (116 pips * 2 lots * 10 USD pip value per lot).
*Commission and Swap Fees are not included in this example.
Example 2:
SELLING Crude Oil (XTIUSD)
Assume that Crude Oil (XTIUSD) is trading at 52.78/52.82 and you want to sell 2.00 lots (2 * 1000 Barrels) at 52.78 (bid price or sell price) because you think the price will go down. Margin Requirement for XTIUSD is 1000 USD (500*2, under 200:1 leverage), which means that you have to deposit 1000 USD as your initial margin.
Outcome
Unfortunately, your prediction was wrong and the price goes up to 53.46/54.50. You decide to close your position at 54.50 (ask price or buy price). The price has moved 172 pips (54.50 – 52.78) against you and your loss is 3440 USD (172 pips * 2 lots * 10 USD pip value per lot).
*Commission and Swap Fees are not included in this example.
Related Reading
Indices
Trading Hours (US DAYLIGHT SAVING TIME)
Indices Trading Time (GMT) Daily Break Time (GMT)
#US500 22:01 - 20:00 21:00 - 22:01
#US100
#US30
#JPN225
#AUS200 00:01 - 20:45 06:30 - 07:31, 20:45 - 00:01
#GER30 06:01 - 19:45 19:45 - 06:01
#EUSTX50
#FRA40
#ESP35 07:01 - 17:45 17:45 - 07:01
#UK100 00:01 - 19:45 19:45 - 00:01
#CHN50 01:01 - 18:00 08:30 - 09:01
#HKG50 01:16 - 15:45 04:00 - 05:01, 08:15 - 09:01
Trading Conditions
Standard
Alpha
Major Currency Average Spread (pip) Commission Value per pip Contract Size
No Product Found.
Product Guide download
BCR Contract Specifications download
Trading Examples
Example 1:
BUYING Australia ASX 200 (#AUS200)
Assume that Australia ASX 200 (#AUS200) is trading at 5780.7/5782.7 and you want to buy 1.50 lots (1.5 * 1 AUD * AUS 200) at 5782.7 (ask price or buy price) because you think the price will go up. Margin Requirement for #AUS200 is 173.48 AUD (5782.7 * 1 * 1.5 * 2%), which means that you have to deposit 173.48 AUD as your initial margin.
Outcome
Your prediction was correct and the price goes up to 5792.5 / 5794.5. You decide to close your position at 5792.5 (bid price or sell price). The price has moved 9.8 pips (5792.5 – 5782.7) in your favour and your profit is 14.7 AUD (9.8 pips * 1.5 lots * 1 AUD pip value per lot).
*Commission and Swap Fees are not included in this example.
Example 2:
SELLING Australia ASX 200 (#AUS200)
Assume that Australia ASX 200 (#AUS200) is trading at 5780.7/5782.7 and you want to sell 1.50 lots (1.5 * 1 AUD * AUS 200) at 5780.7 (bid price or sell price) because you think the price will go down. Margin Requirement for #AUS200 is 173.42 AUD (5780.7 * 1 * 1.5 * 2%), which means that you have to deposit 173.42 AUD as your initial margin.
Outcome
Unfortunately, your prediction was wrong and the price goes up to 5840.2/5842.2. You decide to close your position at 5842.2 (ask price or buy price). The price has moved 61.5 pips (5842.2 – 5780.7) against you and your loss is 92.25 AUD (61.5 pips * 1.5 lots * 1 AUD pip value per lot).
*Commission and Swap Fees are not included in this example.
Related Reading
Cryptocurrencies
Trading Hours (US DAYLIGHT SAVING TIME)

Trading Time (GMT): 21:05 - 20:55

Trading Conditions
Standard
Alpha
Major Currency Average Spread (pip) Commission Value per pip Contract Size
No Product Found.
Product Guide download
BCR Contract Specifications download
Trading Examples
Example 1:
BUYING Bitcoin
Assume that Bitcoin is trading at 3626.78/3646.78 and you want to buy 1 lot (1 unit) at 3646.78 (ask price or buy price) because you think the price will go up. Margin Requirement for Bitcoin is 729.356 USD (3646.78*20%*1, under 200:1 leverage), which means that you have to deposit 729.356 USD as your initial margin.
Outcome
Your prediction was correct and the price goes up to 3746.76/3766.76. You decide to close your position at 3746.76 (bid price or sell price). The price has moved 999.8 pips (3746.76 – 3646.78) in your favour and your profit is 99.98 USD (999.8 pips * 1 lot * 0.1 USD pip value per lot).
*Commission and Swap Fees are not included in this example.
Example 2:
SELLING Bitcoin
Assume that Bitcoin is trading at 3626.78/3646.78 and you want to sell 1 lot (1 unit) at 3626.78 (bid price or sell price) because you think the price will go down. Margin Requirement gfor Bitcoin is 725.356 USD (3626.78*20%*1, under 200:1 leverage), which means that you have to deposit 725.356 USD as your initial margin.
Outcome
Unfortunately, your prediction was wrong and the price goes up to 3740.20/3760.20. You decide to close your position at 3760.2 (ask price or buy price). The price has moved 61.5 pips (3760.2 –3626.78) against you and your loss is 133.42 AUD (1334.2 pips * 1 lot * 0.1 USD pip value per lot).
*Commission and Swap Fees are not included in this example.
Related Reading
Shares
Trading Hours (US DAYLIGHT SAVING TIME)
Shares Trading Time (GMT) Daily Break Time (GMT)
#AAPL 13:31 - 20:00 20:00 - 13:31
#AXP
#BAC
#C
#DIS
#IBM
#INTC
#KO
#MCD
#MSFT
#BA
#6501.T 00:01 - 06:00 02:30 - 03:31
#6502.T
#7201.T
#7261.T
#8306.T
#QAN.AX 23:01 - 05:00 05:00 - 23:01
#APT.AX
#CSL.AX
#BHP.AX
#0005.HK 01:31 - 08:00 04:00 - 05:01
#0291.HK
#0700.HK
#0728.HK
#0941.HK
#1088.HK
#1810.HK
#1928.HK
#2628.HK
#3328.HK
#3988.HK
Trading Conditions
Standard
Alpha
Major Currency Average Spread (pip) Commission Value per pip Contract Size
No Product Found.
Product Guide download
BCR Contract Specifications download
Trading Examples
Example 1:
BUYING Apple Inc.
Assume that Apple Inc (#AAPL) is trading at 153.71/153.86 and you want to buy 1 lot (100 shares) at 153.86 (ask price or buy price) because you think the price will go up. Margin Requirement for #AAPL is 1538.6 USD (153.86*1*100*10%, under 200:1 leverage), which means that you have to deposit 1538.6 USD as your initial margin.
Outcome
Your prediction was correct and the price goes up to 158.55/158.70. You decide to close your position at 158.55 (bid price or sell price). The price has moved 46.9 pips (158.55 – 153.86) in your favour and your profit is 469 USD (46.9 pips * 1 lot * 10 USD pip value per lot).
*Commission and Swap Fees are not included in this example.
Example 2:
SELLING Apple Inc.
Assume that Apple Inc (#AAPL) is trading at 153.71/153.86 and you want to sell 1 lot (1 unit) at 153.71 (bid price or sell price) because you think the price will go down. Margin Requirement for #AAPL is 1537.1 USD (153.71*1*100*10%, under 200:1 leverage), which means that you have to deposit 1537.1 USD as your initial margin.
Outcome
Unfortunately, your prediction was wrong and the price goes up to 166.66/166.81. You decide to close your position at 166.81 (ask price or buy price). The price has moved 131 pips (166.81 –153.71) against you and your loss is 1310 USD (131 pips * 1 lot * 10 USD pip value per lot).
*Commission and Swap Fees are not included in this example.
Related Reading