Trading Conditions

TRADING HOURS
XLNTrade clients will be able to trade on the markets from 22:00 GMT on Sunday night until 22:00 GMT on Friday night. However, CFDs have their own trading hours, outlined below:

  • US Market CFDs are traded from 2:30 pm – 9:00 pm GMT, Mondays to Fridays.
  • European & British Market CFDs are traded from 8:00 am – 4:30 pm GMT, Mondays to Fridays.
  • Asian Market CFDs are traded from 0:00 am – 2.00 am GMT and 3:30 pm – 6:00 pm GMT, Mondays to Fridays.
On the 14.01.2019 the Japanese stocks will not be available for trading due to the Coming-of-day Holiday.
CHRISTMAS WORKING HOURS 2018 (GMT time)
InstrumentMonday, December 24Tuesday, December 25Wednesday, December 26
FOREX PAIRSRegularClosedRegular
WTIEarly close at 18:30Closed Regular
SMI20Closed Closed Closed
CL Early close at 18:45Closed Regular
NGAS Early close at 18:45Closed Regular
HOIL Early close at 18:45Closed Regular
GOLD/SILVEREarly close at 18:45Closed Regular
SPEarly close at 18:15Closed Regular
NSDQ Early close at 18:15Closed Regular
DOWEarly close at 18:15Closed Regular
NK Early close at 18:15Closed Regular
PALLAD Early close at 18:45Closed Regular
COPP Early close at 18:45Closed Regular
PLAT Early close at 18:45Closed Regular
CORN Early close at 18:05Closed Late open at 14:30
WHEATEarly close at 18:05Closed Late open at 14:30
SBEAN Early close at 18:05Closed Late open at 14:30
Equities USEarly close at 18:00Closed Regular
DAX Closed Closed Closed
SMIClosed Closed Closed
EURO50 Closed Closed Closed
CACEarly close at 13:00Closed Closed
STOXXE50 (index) [MT2]Closed Closed Closed
AEX Early close at 13:00Closed Closed
BRENTEarly Close 19:00ClosedRegular
FTSE Early Close 12:50ClosedClosed
COCOA Early close at 18:05ClosedLate Open at 13:00
COFFEEEarly close at 18:05ClosedLate Open at 13:00
COTT2 Early close at 18:05ClosedLate Open at 13:00
SUG11 RegularClosedLate Open at 13:00
ALUMINUMEarly Close 12:30ClosedClosed
TINEarly Close 14:30ClosedClosed
ZINCEarly Close 14:30ClosedClosed
VIX (future contract)Early close at 18:15Closed Regular
IBEX Early close at 13:00Closed Closed
SPMIB Closed Closed Closed
HANG (future contract)Early close at 04:00ClosedClosed
OMXS Closed Closed Closed
WIG Closed Closed Closed
JSE RegularClosed Closed
Equities EUR (Frankfurt)Closed Closed Closed
Equities EUR (Milano)Closed Closed Closed
Equites Asia (Hong Kong)RegularClosed Closed
Equites Asia (Korea)RegularClosed Regular
Equities EUR (London)Early close at 12:30Closed Closed
Equities EUR (OMX)Closed Closed Closed
Equities EUR (Warshaw)Closed Closed Closed
Equities IndiaRegularClosedRegular
Equities EUR (Amsterdam+Brussels+Paris)Early close at 15:00Closed Closed
Equites Asia (Tokyo)Closed RegularRegular
Equites CandaEarly close at 18:00Closed Closed
Equities South AfricaRegularClosed Closed
ASXEarly close at 03:10Closed Closed
Equites AustraliaEarly close at 03:10Closed Closed
NiftyRegularClosed Regular
Bolsa ArgentinaRegularClosed Regular
NEW YEARS 2019 WORKING HOURS (GMT time)
InstrumentMonday, December 31Tuesday, January 1Wednesday, Jan 2
FOREX PAIRSRegularClosedRegular
WTIRegularClosedRegular
CL RegularClosedRegular
NGAS RegularClosedRegular
HOIL RegularClosedRegular
GOLD/ SILVERRegularClosedRegular
SP RegularClosedRegular
NSDQ RegularClosedRegular
DOW RegularClosedRegular
NK RegularClosedRegular
PALLAD RegularClosedRegular
COPP RegularClosedRegular
PLAT RegularClosedRegular
CORN RegularClosedLate open 14:30
WHEAT RegularClosedLate open 14:30
SBEANRegularClosedLate open 14:30
Equities USRegularClosedRegular
DAX ClosedClosedRegular
EURO50 ClosedClosedRegular
CAC Early close at 13:00ClosedRegular
AEX Early close at 13:00ClosedRegular
BRENT RegularClosedRegular
FTSE Early close at 12:50ClosedRegular
COCOA RegularClosedRegular
COFFE RegularClosedRegular
COTT2 RegularClosedRegular
SUG11 RegularClosedRegular
ALUMINUMEarly close at 12:30ClosedRegular
TINEarly close at 12:30ClosedRegular
ZINCEarly close at 12:30ClosedRegular
VIX RegularClosedRegular
IBEX Early close at 13:00ClosedRegular
SPMIB ClosedClosedRegular
HANG Early close at 04:00ClosedRegular
OMXS ClosedClosedRegular
WIG ClosedClosedRegular
JSE RegularClosedRegular
Equities EUR (Milano)ClosedClosedRegular
Equities EUR (Frankfurt)ClosedClosedRegular
Equites Asia (Hong Kong)Early close at 04:00ClosedRegular
Equites Asia (Korea)ClosedClosedRegular
Equities EUR (London)Early close at 12:30ClosedRegular
Equities EUR (OMX)ClosedClosedRegular
Equities EUR (Warshaw)ClosedClosedRegular
Equities IndiaRegularRegularRegular
Equities EUR (Amsterdam+Brussels+Paris)Early close at 13:00ClosedRegular
Equites Asia (Tokyo)ClosedClosedClosed
Equities South AfricaRegularClosedRegular
ASXEarly close at 03:10ClosedRegular
Equites AustraliaEarly close at 03:10ClosedRegular
NiftyEarly close at 03:10RegularRegular
Bolsa ArgentinaRegularClosedRegular

Market Conditions
We have in place a no slippage policy, which means that spot orders can be executed at the price the client clicks/quotes, during regular market conditions.

During volatile market conditions, clients may receive consistent ask (buy) and bid (sell) prices with fixed spreads. Spot orders can be executed at the price the trader has quoted.

Leverage at Xlntrade:

1:400
up to 1:400
1:200
1:20

Deposits

Initial deposit for opening an account with XLNtrade is $100 and clients can start trading immediately. Accounts at XLNtrade are denominated in US Dollars and all deposits will be converted into the base currency of the client’s trading account (US Dollars).

Margin Liquidation

Margin liquidation happens when a trader’s account equity reaches zero, all of his positions are then closed automatically. This is in place so XLNtrade can protect the client’s trading account from reaching a negative balance and being liable for an amount exceeding the client’s deposit.

Rollover

In the absence of instructions to the contrary received by us prior to 12:00AM (GMT), we will on a daily basis automatically roll over all open positions on your Account to the following business day. You may be charged roll over interest in respect of each rolled over trade which interest will be, depended on the size of the position.

The Rollover Fee is debited from the trading account as follows:

CFD ProductRollover Fee
Currencies0.75% yearly
Commodities2.5% yearly
Indices2.5% yearly
shares5% yearly