Futures are highly standardized financial contract or a derivative instrument, which obligates the two parties to transact a set of financial instruments, at a predetermined future date and price.
To reduce the counterparty risks and default risks, all futures positions are marked-to-market daily, participants must maintain a certain margin level.
The Benefits of Futures Trading
-
Speculation and Hedging
Primarily, investors do not enter into a futures contract to possess or sell the physical goods. Rather, it is a popular investment instrument to speculate on the changing values of securities, or investor may use it as a hedging instrument to reduce potential losses.
Trading Futures with VR PROFX
- Clients can trade futures products with commodities (energy, agricultural good, and metal), indices, and bonds.
Futures Products / Futures | ||||
---|---|---|---|---|
Instruments | Name | Currency | Margin for Contract in % | Trading Session |
UKOIL.f | Crude Oil Brent Futures | USD | 2% | Mon. 01:00 -24:00 Tues.-Fri 00:00-01:00 / 03:00-24:00 |
USOIL.f | West Texas Intermediate Crude Oil Futures | USD | 2% | Mon.-Fri. 01:00-24:00 |
NGAS.f | NGAS Futures | USD | 10% |
Mon.- Thurs. 01:00-24:00 Fri. 01:00 – 23:45 |
COPPER.f | Copper Futures | USD | 2% | Mon.- Thurs. 01:00-24:00 Fri. 01:00 – 23:45 |
CHINA50.f | China A50 Futures | USD | 5% | Mon.-Fri. 04:00-11:30 / 12:15-21:00 |
CHINAH.f | China H-Shares Futures | HKD | 5% | Mon.03:15-06:00 / 07:00-10:30 / 11:15-17:45 Tues.-Thurs. 00:00-22:15 / 22:30-23:00 Friday 00:00-22:15 |
DX.f | Dollar Index Futures | USD | 2.0% | Mon.-Fri. 03:00-24:00 |
MDE50.f | Germany Mid-Cap Futures | EUR | 2.0% | Mon.-Fri. 11:00-24:00 |
Server Time
VR PROFX MT4 Server Time, which is GMT +2 in the winter, and GMT +3 in the summer.
Session Break
Session break times for all Future Products are shown in the tables above.
Minimum Ticket Size
The minimum ticket size is in lots on all Futures is 1.
Maximum Ticket Size
The maximum ticket size is in lots as follows:
UKOIL.f, USOIL.f, NGAS.f, COPPER.f = 200 TY.f , FLG.f , FGBL.f = 500
CHINA50.f, HK50.f , CHINAH.f , MDE50.f, DETEC30.f, DX.f, SING.f, IND50.f = 100 SB.f , CT.f , KC.f , CC.f, LRC.f, LSU.f, LCC.f = 50
Trading Steps
The trading steps are in lots, and are 1.
Margin for Contract in % of the Contract Value
Margin Varies as per above table
Margin Call
The margin call is 200%.
Stop-Out
The stop-out (or liquidation MT4 margin level) is 100%.