The5ers Introduces Key Important Changes to Indices Trading

The5ers has announced key changes to its Indices trading setup, set to take effect on December 31, 2024. The firm is making adjustments that will impact contract sizes, commission structures, and swap rates, offering traders a more streamlined and cost-effective trading experience.

Starting December 31st, the contract per lot for Indices will change from ten contracts to a single contract per lot. This means that each lot will now represent one contract instead of the previous ten, providing traders with more flexibility and precision in their positions. This shift aims to accommodate a wider range of trading strategies and potentially improve risk management for both new and experienced traders.

The5ers Introduces Key Important Changes to Indices Trading

Along with this change in contract size, The5ers will also remove trading commissions on Indices, further reducing the cost of trading. This is going to benefit active traders, who can now execute trades without the added burden of commission fees, making Indices trading more accessible and attractive.

The firm is also reducing the over-the-weekend swap on Indices from 10x to 3x. This adjustment will help reduce the financial burden on traders holding positions over the weekend, making it easier to manage long-term strategies and minimize swap-related costs.

To ensure a smooth transition, The5ers has outlined a series of important dates. On December 23rd, all Indices trades will be to “close only,” preventing the opening of new positions as traders prepare for the upcoming changes. On December 30th, all open Indices positions will be closed, and traders will be able to reopen them on December 31st with the new contract size, commission structure, and swap rate in effect.

Traders have to review their strategies and adjust accordingly to accommodate these changes, which could impact position sizing, risk management, and overall trading plans. The5ers urges its clients to be prepared for these updates and take full advantage of the new trading conditions starting at the end of the month.

The Bottom Line: A Recap of Significance

• The5ers is changing its Indices trading setup, effective December 31, 2024, with adjustments to contract sizes, fees, and swap rates.
• Starting on December 31st, each Indices lot will represent one contract instead of ten, and trading commissions will not be available.
• Additionally, the over-the-weekend swap will be from 10x to 3x, offering traders a more cost-effective experience.

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