CFD Expiration Dates
Trading CFDs carries risk and could result in the loss of your deposit, please trade wisely.
CFD instruments will be rolled over on the expiration dates as per the table below.
Please note that:
Positions open at 21:00 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 is automatically removed on the expiration date at 21:00 GMT.
Rollover during change of contract for 1 lot Buy on Brent Oil, spread is 5 pips and Swap is -0.5537 point
Instrument Old contract price New contract price Difference Currency
BrentOil 56.46 56.08 -0.38 USD
Here are the calculations for swap amount:
Charge Calculation Amount in USD
Swaps total CFD Rollover + Swaps + Spread Charge 324.463
CFD Rollover volume*contract size*price difference 380
Swaps Swaps*contract size*volume*days -5.537
Spread Charge Spread*volume*contract size -50
Platform Name Actual Expiration date Roll over date
Cocoa 13th September 2018 3rd August 2018
Coffee 18th September 2018 10th August 2018
Wheat 14th September 2018 24th August 2018
Rice 14th September 2018 24th August 2018
Copper 26th September 2018 31st August 2018
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Risk Warning: There is a high level of risk involved with trading leveraged products such as CFDs. You should not risk more than you can afford to lose, it is possible that you may lose all your initial investment. Cryptocurrency CFDs are not appropriate for all investors. You should only invest if you are an experienced investor with sophisticated knowledge of financial markets and you fully understand the risks associated with CFDs and cryptocurrencies. You must be fully aware of, and understand, the specific characteristics and risks in relation to these products. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 50-77% of retail investor accounts lose money when trading CFDs. If the risks involved seem unclear to you, please seek independent advice. For further details please refer to the
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Risk Warning: Trading CFDs is risky and can result in the loss of your invested capital. Please ensure that you understand the risk involved and do not invest more than you can afford to lose. Read full Risk Disclosure Statement .Coverdeal Holdings Ltd is regulated by CySEC under License No. 231/14