On August 19, 2024, STARTRADER is set to offer several new instruments in order to expand its forex product range. This will lead to a wider array of trading opportunities and increased portfolio diversification. Let’s delve into the changes and how they fit with your trading strategy.
Contents
New Forex Instruments Summary
Four types of CFDs (Contracts for Difference) have been added by STARTRADER that have different currency pairs. Here are the details regarding each instrument:
All times are in GMT+3 (Server Time in MT4/MT5). Please consult your MT4/MT5 Terminals for the latest details, as information may change.
What Do These New Tools Offer?
- Diverse Currency Pairs: These additions, however, include a few less popular combinations such as Euro versus Czech Koruna and US Dollar versus Hungarian Forint. This variety helps in implementing different trading strategies and exploring new markets.
- Flexible Trading Options: The contract size for these instruments is 100,000 and the margin percentage is 5%, which should cater for both small and big deals. The minimum volume of these newly included instruments starts at just 0.01, making them more accessible to all kinds of traders.
- Trading Hours and Swap Details: Specific trading hours as well as 3-day swap details characterize each instrument. For instance, trading hours are Monday to Thursday (00:01-23:58) and Friday (00:01-23:57). Make sure you optimize your trade schedule by checking this information.
How to Start
If you want to trade these new instruments, find them on your MT4/MT5 terminals. Understand and keep in mind the specific features of every instrument so that you can make better choices during your trades.
Need Assistance?
For any concerns or support, please contact STARTRADER team via email [email protected] or their Live Chat. Keep an eye out for new updates and reviews as we continue to explore the latest in forex trading!
