BCR

Forex Metals Commodities Indices Cryptocurrencies Shares

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.

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

Spread and Commission

Have Questions? Please contact us for assistance.

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.

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

Spread and Commission

Have Questions? Please contact us for assistance.

Commodities

Trading Hours (US STANDARD TIME)

Commodities	Trading Time (GMT)	Daily Break Time (GMT)
BRN	01:01 - 21:00	22:00 - 01:01
XBRUSD	01:01 - 21:00	22:00 - 01:01
CL	23:01 - 21:00	22:00 - 23:01
XTIUSD
NG
XNGUSD
Copper
Corn	01:01 - 19:00	13:30 - 14:31
Wheat
Soybean

Expiration Dates

US Crude Oil

Jan. (F9)	Feb. (G9)	Mar. (H9)	Apr. (J9)	May. (K9)	Jun. (M9)	Jul. (N9)	Aug. (Q9)	Sep. (U9)	Oct. (V9)	Nov. (X9)	Dec. (Z9)
Dec 18th 2018	Jan 21st 2019	Feb 19th 2019	Mar 19th 2019	Apr 18th 2019	May 20th 2019	Jun 19th 2019	Jul 19th 2019	Aug 19th 2019	Sep 19th 2019	Oct 21st 2019	Nov 19th 2019

Brent Crude Oil

Jan. (F9)	Feb. (G9)	Mar. (H9)	Apr. (J9)	May. (K9)	Jun. (M9)	Jul. (N9)	Aug. (Q9)	Sep. (U9)	Oct. (V9)	Nov. (X9)	Dec. (Z9)
Nov 29th 2018	Dec 27th 2018	Jan 30th 2019	Feb 27th 2019	Mar 28th 2019	Apr 29th 2019	May 30th 2019	Jun 27th 2019	Jul 30th 2019	Aug 29th 2019	Sep 27th 2019	Oct 30th 2019

Natural Gas

Jan. (F9)	Feb. (G9)	Mar. (H9)	Apr. (J9)	May. (K9)	Jun. (M9)	Jul. (N9)	Aug. (Q9)	Sep. (U9)	Oct. (V9)	Nov. (X9)	Dec. (Z9)
Dec 26th 2018	Jan 28th 2019	Feb 25th 2019	Mar 26th 2019	Apr 25th 2019	May 28th 2019	Jun 25th 2019	Jul 26th 2019	Aug 26th 2019	Sep 24th 2019	Oct 25th 2019	Nov 22nd 2019

Copper

Mar. (H9)	May. (K9)	Jul. (N9)	Sep. (U9)	Dec. (Z9)
Feb 27th 2019	Apr 29th 2019	Jun 27th 2019	Aug 29th 2019	Nov 28th 2019

Corn & Wheat

Mar. (H9)	May. (K9)	Jul. (N9)	Sep. (U9)	Dec. (Z9)
Feb 28th 2019	Apr 30th 2019	Jun 28th 2019	Aug 30th 2019	Nov 29th 2019

Soybean

Mar. (H9)	May. (K9)	Jul. (N9)	Aug. (Q9)	Sep. (U9)	Nov. (X9)
Feb 28th 2019	Apr 30th 2019	Jun 28th 2019	Jul 31st 2019	Aug 30th 2019	Oct 31st 2019

* 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

Spread and Commission

Have Questions? Please contact us for assistance.

Indices

Trading Hours (US STANDARD TIME)

Indices	Trading Time (GMT)	Daily Break Time (GMT)
#ES	23:01 - 21:00	21:00 - 23:01
#US500
#NQ
#US100
#YM
#US30
#NKD
#JPN225
#CN300	01:31 - 07:00	03:30 - 05:01
#AUS200	23:01 - 19:45	05:30 - 06:31, 19:45 - 23:01
#GER30	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

Start Trading Dates

S & P 500

H = Mar. M = Jun. U = Sep. Z = Dec.

#ESH9	#ESM9	#ESU9	#ESZ9
Dec 19th 2018	Mar 13th 2019	Jun 19th 2019	Sep 18th 2019

Dow Jones(Mini)

H = Mar. M = Jun. U = Sep. Z = Dec.

#YMH9	#YMM9	#YMU9	#YMZ9
Dec 19th 2018	Mar 13th 2019	Jun 19th 2019	Sep 18th 2019

NASDAQ 100

H = Mar. M = Jun. U = Sep. Z = Dec.

#NQH9	#NQM9	#NQU9	#NQZ9
Dec 19th 2018	Mar 13th 2019	Jun 19th 2019	Sep 18th 2019

Nikkei 225

H = Mar. M = Jun. U = Sep. Z = Dec.

#NKDH9	#NKDM9	#NKDU9	#NKDZ9
Dec 11th 2018	Mar 7th 2019	Jun 11th 2019	Sep 10th 2019

Shanghai Shenzhen CSI 300 Index

H = Mar. J = Apr. K = May. M = Jun. N = Jul. Q = Aug. U = Sep. V = Oct. X = Nov. Z = Dec.

#CN300H9	#CN300J9	#CN300K9	#CN300M9	#CN300N9	#CN300Q9	#CN300U9	#CN300V9	#CN300X9	#CN300Z9
Feb 14th 2019	Mar 14th 2019	Apr 18th 2019	May 16th 2019	Jun 20th 2019	Jul 18th 2019	Aug 15th 2019	Sep 19th 2019	Oct 17th 2019	Nov 15th 2019

Forced Closing of All Open Positions

S & P 500

H = Mar. M = Jun. U = Sep. Z = Dec.

#ESH9	#ESM9	#ESU9	#ESZ9
Mar 13th 2019	Jun 19th 2019	Sep 18th 2019	Dec 18th 2019

Dow Jones(Mini)

H = Mar. M = Jun. U = Sep. Z = Dec.

#YMH9	#YMM9	#YMU9	#YMZ9
Mar 13th 2019	Jun 19th 2019	Sep 18th 2019	Dec 18th 2019

NASDAQ 100

H = Mar. M = Jun. U = Sep. Z = Dec.

#NQH9	#NQM9	#NQU9	#NQZ9
Mar 13th 2019	Jun 19th 2019	Sep 18th 2019	Dec 18th 2019

Nikkei 225

H = Mar. M = Jun. U = Sep. Z = Dec.

#NKDH9	#NKDM9	#NKDU9	#NKDZ9
Mar 7th 2019	Jun 11th 2019	Sep 10th 2019	Dec 10th 2019

Shanghai Shenzhen CSI 300 Index

G = Feb. H = Mar. J = Apr. K = May. M = Jun. N = Jul. Q = Aug. U = Sep. V = Oct. X = Nov. Z = Dec.

#CN300G9	#CN300H9	#CN300J9	#CN300K9	#CN300M9	#CN300N9	#CN300Q9	#CN300U9	#CN300V9	#CN300X9	#CN300Z9
Feb 13th 2019	Mar 13th 2019	Apr 17th 2019	May 15th 2019	Jun 19th 2019	Jul 17th 2019	Aug 14th 2019	Sep 18th 2019	Oct 16th 2019	Nov 14th 2019	Dec 19th 2019

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

Spread and Commission

Have Questions? Please contact us for assistance.

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.

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

Spread and Commission

Have Questions? Please contact us for assistance.

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	00:01 - 06:00	06:00 - 00:01
#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

Spread and Commission

Have Questions? Please contact us for assistance.