Contract Specifications

• The rollover of open trading position to the next day is carried out by applying market swaps (for currencies, Spot Gold and Spot Silver, the value of swap is indicated in points, for other instruments its value is given in annual percents) which may be either positive (deposited to account) or negative(charged from account). Please note that swap rates are tripled from Wednesday to Thursday - overnight.
• Spread (including the fixed one) can be expanded in case of the increased volatility or low level of liquidity of the contract.
• During weekends and holidays margin requirements on currencies can be increased from 0.5% to 2%
• Definition of "point" for Forex currency pairs: for the five-digit quotations  it`s the fourth decimal point (0.0001). In the three-digit quotation – the second sign after decimal point (0.01).
• Minimum spread: the minimum value of floating spread.
• If trading account has positive balance and has not been traded for six (6) calendar months, a monthly $ 100(or the equivalent in the account currency) commission for maintaining an account is charged. If the balance is lower than the Inactivity fee, the available balance on the Account shall be charged in full.
• The Islamic account service is available only for PRO.MT4 accounts in USD. Islamic accounts are swap free accounts where instead of charging/debiting swaps, a commission is debited (Shariah commission). For all instruments the commission fee is indicated in the US dollars, for the RU stocks and RU Indices, the commission fee is indicated in rubles. The Commission amount is specified for one lot. Please note that if you carry a position overnight from Wednesday to Thursday a triple commission fee is charged.
• For the EURRUB, USDRUB, CHFRUB, GBPRUB, CNYRUB and USDMXN instruments, the minimum margin is 50 EUR, 50 USD, 50 CHF, 50 GBP, 50 CNY and 50 USD, respectively. Please note that regardless of a leverage chosen, the margin for these instruments will be calculated with a coefficient equal to 10.
  The examples of calculating margin:
  For a 0.01 lot trade on the USDMXN pair with leverage 1:200, the margin will be 50 USD. Thus, with a 1:50 leverage, taking into account the coefficient 10, the margin will be 200 USD.
  For a 0.01 lot trade on the USDRUB pair with 1:200 leverage, the margin will be 50 USD. Thus, with 1:100, the margin will not be 10 USD, but 100 USD, taking into account the coefficient 10.
  For a 0.01 lot trade on the EURRUB pair with 1:200 leverage, the margin will be 50 EUR. Thus, with 1:100, the margin will not be 10 EUR, but 100 EUR, taking into account the coefficient 10.
  

• Trading hours for PRO.MT4 and DIRECT.MT5 accounts: 24/5, except Saturday and Sunday, from 00:00 Monday to 23:55 on Friday EET*
• Trading hours for NDD.MT4 and NDD.MT5 accounts: 24/5, except Saturday and Sunday, from 00:05 Monday to 23:55 Friday EET*
• Trading hours for currency pairs with Russian Ruble (RUB) : Monday to Friday, from 07:05 to 23:50 EET* on summer, from 06:05 to 22:50 EET* on winter
• Gold, silver, platinum: opening on Monday at 01:00 and closing on Friday at 23:55 EET*. Trading is daily closed from 00.00 to 01:00 EET*.

• Trading hours for Russian shares CFDs (except _TRNFP, _RTKM, _RASP): summer: 10:00-18:40, 19:00-23:50 EET*; winter: 09:00-17:40, 18:00-22:50 EET*.
• Trading hours for Russian shares CFDs _TRNFP, _RTKM, _RASP: summer: 10:00-18:40 EET*; winter: 09:00-17:40 EET*.
• Trading hours for Russian indices CFDs summer: 7:00-14:00, 14:05-18:45, 19:02-23:45 EET*; winter: 06:00-13:00, 13:05-17:45, 18:02-22:45 EET*.

• Trading hours for currency pairs with Russian Ruble (RUB) : Monday to Friday, from 07:05 to 23:50 EET* on summer, from 06:05 to 22:50 EET* on winter
• Trading hours for derivative CFDs summer: 07:00-23:50 EET*; winter: 06.00-22.50 EET*.

• The parameters of the initial and maintenance margin on the Moscow Exchange are changed, at the opening of a new session, the margin requirements for open positions on the DIRECT.MT5 account will be recalculated.
• The calculation of margin requirements for the Derivatives group instruments is calculated as follows:
  Volume in lots * Initial margin
  Volume in lots * Maintenance margin
  The initial margin is the amount that must be present on the account when trying to enter the market.
  Maintenance margin- the minimum amount that must be present on the account to maintain an open position.
  Instrument parameters depend on the corresponding parameters of instruments on the Moscow Exchange (MOEX) and are specified in the instrument specifications in the MetaTrader 5 trading platform.
  Also, if the size of the maintenance margin is not specified in the instrument specification in the MetaTrader5 trading platform, then the size of the initial margin is taken as it.
• Trade commission for the Derivatives market is calculated as follows:
  FutFee = FutPrice*W(f)/R(f)*BaseFutFee*0,01;
  FutFee - the fee for 1 futures contract settlement (in RUB);
  FutPrice - the value price of a futures contract
  W(f) - the cost of a minimal price interval (in MT5 - tick price) in accordance with the specifications of a particular instrument (in RUB);
  R(f) - minimal price interval in accordance with the specifications of a particular instrument;(MT5 tick size)
  BaseFutFee - base rate value, %
  
• For the Derivatives Market group all "Limit" pending orders (Buy Limit, Sell Limit, Take Profit) will be executed at market prices (as market orders).
• Phone Dealing is not available for Derivatives Market (DIRECT.MT5).

• Trading hours: from 00:05 on Monday to 23:55 on Friday EET*
• Pending orders available: Stop loss, Take Profit, Buy/Sell Stop.

Please pay attention to the specific of margin requirements for Crypto-currency CFDs:

• During weekends and holidays margin requirements on BTCUSD is increased to 50% so that the maximum leverage level available is 1:2 from 21:00 EET* on Friday (or the last business day prior to holidays) till 01:00 EET* on Monday (or the first business day after holidays).
• If Equity (current balance with floating profit/loss) at any moment becomes equal or less than 100% of open positions margin, the dealer can close one or all the positions opened in order to meet the margin requirements.

Opening locked positions is available on PRO.MT4 and NDD.MT4 accounts for all trading instruments. For example, if you open long position in EURUSD currency pair, you can lock it by opening the opposite short position with the same instrument. Opening locked positions is also available on NDD.MT5 and DIRECT.MT5 accounts for all instruments with the Hedge (Lock) function enabled in your Personal account.

• PRO.MT4 and NDD.MT4, as well as NDD.MT5, DIRECT.MT5 with Hedge (Lock) function enabled: lock margin = [Minimum margin ] / 4.
• Example: on the account with the leverage set on 1:100 level Buy 0,1 EURUSD and Sell 0,1 EURUSD positions are opened the total margin for this positions can be calculated as 100 EUR / 4 + 100 EUR / 4 = 50 EUR.
• Derivatives Market: lock positions are not available.