What are Futures?
Futures are financial contracts in which two parties agree to exchange an underlying for a fixed price at a future date. At DCFX we provide CFD futures consisting of Stock Indices and Crude Oil (WTI). Stock Index is a performance indicator or measure of a country's economy or of an industry sector. Crude Oil (WTI) is a global commodity that trades in markets around the world.
Advantages of trading Futures with DCFX
|Instrument||Size of 1 lot||Gap Limitation||Expiry Date|
German Stock Index
Dow Jones Industrial Average Index
Financial Times Stock Exchange 100 Index
Hang Seng Index
Nasdaq 100 Index
Standard & Poor's 500 Index
US Light Sweet Crude Oil
Trading Session (UTC+3)
|DAX||MON 03:16||FRI 23:00||--|
|DOW||MON 01:01||FRI 23:57||Daily 23:16-23:30|
|FTSE100||MON 03:01||FRI 23:00||--|
|HSI||MON 04:16||FRI 20:00||Daily 07:01-08:00, 11:31-12:15|
|NAS100||MON 01:01||FRI 23:57||Daily 23:16-23:30|
|NIKKEI||MON 02:31||FRI 23:15||Daily 09:26-10:30|
|NIKKEI.N||MON 02:31||FRI 23:15||Daily 09:26-10:30|
|SPX500||MON 01:01||FRI 23:57||Daily 23:16-23:30|
|WTI||MON 01:01||FRI 23:57||--|
Transaction Terms and Conditions
- a.Bid or Offer only one side.b.Spread between Bid and Offer is more than normal spread who settled by Liquid Provider.c. Political news, economic news, terrorism, natural disaster, etc. could make prices hectic then as usual.
If there is a price error (wrong quote) on the system, the company has the right to cancel the transaction that occurs with or without the consent of the customer.
Server Times: Winter: GMT+2 and Summer: GMT+3 (DST) (last Sunday of March and ends last Sunday of October).
During the time period from 23:55 to 00:05 server time increased spreads and decreased liquidity can take place due to daily bank rollover. In case of inadequate liquidity/spreads during bank rollover, widened spreads and excessive slippage may occur. Therefore orders may not be executed during these times.
Commission charge from 1 USD per lot (round turn) is applied.
Calculating Futures Margin Requirements
|Account base currency||USD|
|Position||Open 10 lot BUY DOW at 34,086|
|Maintenance Margin||1500 USD per lot|
|Margin required is||10* 1500 = 15000 USD|