Forex
Trading Hours (US STANDARD TIME)

Trading Time (GMT): 22:05 - 21:55

Daily Break Time (GMT): 21:55 - 22:11

Trading Conditions
Standard
Alpha
Major Currency Average Spread (pip) Commission Value per pip Contract Size
No Product Found.
BCR Contract Specifications download
Metals
Trading Hours (US STANDARD TIME)

Trading Time (GMT): 23:01 - 21:45

Daily Break Time (GMT): 22:00 - 23:01

Trading Conditions
Standard
Alpha
Major Currency Average Spread (pip) Commission Value per pip Contract Size
No Product Found.
BCR Contract Specifications download
Commodities
Trading Hours (US STANDARD TIME)
Commodities Trading Time (GMT) Daily Break Time (GMT)
#CL 23:01 - 21:00 22:00 - 23:01
XTIUSD
XNGUSD
XBRUSD 01:01 - 21:00 22:00 - 01:01
Expiration Dates
US Crude Oil
Mar. (H21) Apr. (J21) May. (K21) Jun. (M21) Jul. (N21) Aug. (Q21) Sep. (U21) Oct. (V21) Nov. (X21) Dec. (Z21) Jan. (F22)
Feb 19th 2021 Mar 19th 2021 Apr 19th 2021 May 19th 2021 Jun 21st 2021 Jul 19th 2021 Aug 19th 2021 Sep 20th 2021 Oct 19th 2021 Nov 18th 2021 Dec 17th 2021

* 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.
BCR Contract Specifications download
Indices
Trading Hours (US STANDARD TIME)
Indices Trading Time (GMT) Daily Break Time (GMT)
#US500 23:01 - 21:00 21:00 - 23:01
#US100
#US30
#JPN225
#AUS200 23:01 - 19:45 05:30 - 06:31, 19:45 - 23:01
#GER40 07:01 - 20:45 20:45 - 07:01
#EUSTX50
#FRA40
#ESP35 08:01 - 18:45 18:45 - 08:01
#UK100 01:01 - 20:45 20:45 - 01:01
#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.
BCR Contract Specifications download
Cryptocurrencies
Trading Hours US STANDARD TIME)

Trading Time (GMT): 22:05 - 21:55

Trading Conditions
Standard
Alpha
Major Currency Average Spread (pip) Commission Value per pip Contract Size
No Product Found.
BCR Contract Specifications download
Shares
Trading Hours (US STANDARD TIME)
Shares Trading Time (GMT) Daily Break Time (GMT)
#AAPL 14:31 - 21:00 21:00 - 14:31
#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.
BCR Contract Specifications download
Trading Examples
CFD Trading Example 1: Buying EUR/USD
EUR/USD is trading at 1.18491/1.18508
You decide to buy €100,000 because you think the price of EUR/USD will go up. EUR/USD has a margin rate of 400:1 , which means you have to deposit 0.25% of the total position value as initial margin.

Therefore, in this example your initial margin will be $296.27 (0.25% x [€100,000 x 1.18508]).

The platform will automatically convert the initial margin amount into your account currency at the prevailing BCR conversion rate.

Outcome 1: A Winning Trade
Your prediction was correct, and the price rises to 1.18823/1.18840 .

You decide to close your long trade by selling at 1.18823(the current sell price).

The price has moved 31.5 points (1.18823 – 1.18508) in your favour.

Outcome 2: A Losing Trade
Unfortunately, your prediction was wrong and the price drops to 1.18193/1.18210.

You decide to close your long trade by selling at 1.18193 (the current sell price).

The price has moved 31.5 points (1.18508 - 1.18193) against you.

Your loss is ([€100,000 x 1.18508] – [€100,000 x 1.18193]) = $315

Swap costs
If you hold your position past 22:00 GMT (21:00 GMT US Daylight Saving Time), your account will be debited or credited at the prevailing swap rate. For more details on our swap rates, please refer to the ‘Specification’ section for the relevant product on the trading platform.

CFD Trading Example 2: Selling EUR/GBP
EUR/GBP is trading at 0.86157/0.86184
You decide to sell €100,000 because you think the price of EUR/GBP will go down. EUR/GBP has a margin rate of 400:1 , which means you have to deposit 0.25% of the total position value as initial margin.

Therefore, in this example your initial margin will be £215.71 (0.25% x [€100,000 x 0.86157]).

The platform will automatically convert the initial margin amount into your account currency at the prevailing BCR conversion rate.

Outcome 1: A Winning Trade
Your prediction was correct, and the price drops to 0.86030/0.86057.

You decide to close your short trade by selling at 0.86057(the current buy price).

The price has moved 10 points (0.86157 – 0.86057) in your favour.

Your profit is ([€100,000 x 0.86157] – [€100,000 x 0.86057]) = £100

Outcome 2: A Losing Trade
Unfortunately, your prediction was wrong and the price rises to 0.86230/0.86257.

You decide to close your short trade by selling at 0.86257 (the current buy price).

The price has moved 10 points (0.86257 – 0.86157) against you.

Your loss is ([€100,000 x 0.86257] – [€100,000 x 0.86217]) = £100

Swap costs
If you hold your position past 22:00 GMT (21:00 GMT US Daylight Saving Time), your account will be debited or credited at the prevailing swap rate. For more details on our swap rates, please refer to the ‘Specification’ section for the relevant product on the trading platform.

CFD Trading Example 3: Buying AAPL
In this CFD example, AAPL is trading at a sell/buy price of 122.52/122.67.

Assume you want to buy 100 Shares (1 CFD = 100 shares) because you think the price will go up.

AAPL has a margin rate of 10:1, which means that you have to deposit 10% of the position’s value as initial margin.

The platform will automatically convert the initial margin amount into your account currency at the prevailing BCR conversion rate.

In this example, your CFD initial margin will be $1,226.70 (10% x [100 units x 122.67 buy price]).

Outcome 1: A Winning Trade
Your prediction was correct, and the price rises to 129.52/129.67.

You decide to close your long trade by selling at 129.52 (the current sell price).

The price has moved 6.85 points (129.52 – 122.67) in your favour. Multiply this by the size of your positions (100 shares) to calculate your gross profit, which is $685.

Commissions on CFD Trades – The Commissions for each CFD can be viewed on the Trading Platform.

In this instance, the Commission Fee is $20 per lot.

Therefore, your total profit on AAPL is your gross profit minus total commissions.

$685 - $20 = $665 net profit

Outcome 2: A Losing Trade
Unfortunately, your prediction was wrong and the price drops to 117.52/117.67 .

You decide to close your long trade by selling at 117.52 (the current sell price).

The price has moved 12 points (129.52 – 117.52) against you. Multiply this by the size of your positions (100 shares) to calculate your loss, which is $1200.

Commissions on CFD Trades – The Commissions for each CFD can be viewed on the Trading Platform. In this instance, the Commission Fee is $20 per lot .

Therefore, your total loss on AAPL is your gross loss plus total commissions.


$1200 + $20 = $1220 net loss

Swap costs
If you hold your position past 22:00 GMT (21:00 GMT US Daylight Saving Time), your account will be debited or credited at the prevailing swap rate. For more details on our swap rates, please refer to the ‘Specification’ section for the relevant product on the trading platform.

CFD Trading Example 4: Selling AAPL
In this CFD example, AAPL is trading at a sell/buy price of 122.52/122.67.

Assume you want to sell 100 Shares (1 CFD = 100 shares) because you think the price will go down.

AAPL has a margin rate of 10:1, which means that you have to deposit 10% of the position’s value as initial margin.

The platform will automatically convert the initial margin amount into your account currency at the prevailing BCR conversion rate.

In this example, your CFD initial margin will be $1,225.20 (10% x [100 units x 122.52 sell price]).

Outcome 1: A Winning Trade
Your prediction was correct, and the price falls to 114.52/114.67.

You decide to close your short trade by buying back at 114.67 (the current buy price).

The price has moved 7.85 points (122.52 – 114.67) in your favour.

Multiply this by the size of your positions (100 shares) to calculate your gross profit, which is $785.

Commissions on CFD Trades – The Commissions for each CFD can be viewed on the Trading Platform.

In this instance, the Commission Fee is $20 per lot.

Therefore, your total profit on AAPL is your gross profit minus total commissions.

$785 - $20 = $765 net profit

Outcome 2: A Losing Trade
Unfortunately, your prediction was wrong, and the price rises to 130.52/130.67.

You decide to close your short trade by selling at 130.67 (the current buy price).

The price has moved 8.15 points (130.67 – 122.52) against you.

Multiply this by the size of your positions (100 shares) to calculate your loss, which is $815.

Commissions on CFD Trades – The Commissions for each CFD can be viewed on the Trading Platform. In this instance, the Commission Fee is $20 per lot.

Therefore, your total loss on AAPL is your gross loss plus total commissions.

$815 + $20 = $835 net loss

Swap costs
If you hold your position past 22:00 GMT (21:00 GMT US Daylight Saving Time), your account will be debited or credited at the prevailing swap rate. For more details on our swap rates, please refer to the ‘Specification’ section for the relevant product on the trading platform.