CFD instruments will be rolled over on the expiration dates as per the table below.
Please note that:
Positions open at 22:00 GMT on the expiration date will be adjusted via a swap charge or credit to reflect the difference in price between the expiring and new contracts
To avoid CFD rollovers, clients can close their CFD positions before the expiration date.
Any existing pending order(s) (i.e. Stop Loss, Take Profit, Entry Stop or Entry Limit) placed on an instrument will be adjusted to symmetrically (point-for-point) reflect the price differences between the expiring contract and the new contract.
In case the liquidity of the CFD old contract being too small, and upon Trade Capital UK (TCUK) Limited discretion, precfd.com has the right to effect the rollover on an earlier date that the prescribed one.
Please note that the expiring CFDs will be rolled over to a new contract with a different price, according to the schedule in this page, on all platforms. The difference in price between the expiring CFD and the new CFD will be debited/credited to your account for any open position(s) that you hold.
*Please note that the expiring CFDs will be rolled-over to a new contract with a different price according to the schedule above on the MT4 and MT5 platforms. Customers holding positions open at 22:00 GMT on the rollover date will be adjusted for the difference in price between the expiring contract and the new contract through a swap charge or credit which will be processed at 22:00 GMT on their balance as well as the charge of closing and re-opening the position.
If the new contract trades at a higher price than the expiring contract, long positions (buy) will be charged negative rollover adjustment and short positions (sell) will be charged positive rollover adjustment. If the new contract trades at a lower price than the expiring contract, long positions (buy) will be charged positive rollover adjustment and short positions (sell) will be charged negative rollover adjustment. To avoid any liquidation, customers are advised to maintain sufficient equity available in their account to absorb any negative adjustment at 22:00 GMT on the rollover date.
Any existing pending order(s) (i.e. Stop Loss, Take Profit, Entry Stop or Entry Limit) placed on an instrument will be adjusted to symmetrically (point-for-point) reflect the price differences between the expiring contract and the new contract.
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HIGH RISK INVESTMENT WARNING: Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.30% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Spread Bets and CFDs are provided by Trade Capital UK (TCUK) Ltd on an execution-only basis; we do not provide any advice and any written or verbal communication with us should not be considered as such.
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