RoboForex - company news and official support for customers

[RBFX Support]

2024 XAU/USD Forecast: Analysis and Future Outlook for Gold Trends



Dear Clients and Partners,​

On 17 January 2024, we looked at the prevailing gold (XAU/USD) market trends, exploring historical trends and the key factors influencing the price of the precious metal. We conducted a technical analysis of the price chart and uncovered expert opinions on the gold price outlook for 2024.

Historical analysis of XAU/USD prices

Let us take a look at the gold price performance over the last 140 years:

• Since 1887, during the gold standard period, the US government fixed the gold price at 20.67 USD per troy ounce. After abandoning the gold standard and devaluing the dollar in 1933, the cost of an ounce increased to 35 USD and remained at this level until 1967
• Later in the 1970s, gold prices increased significantly due to international economic and geopolitical instability. From 1971 to 1980, quotes skyrocketed by over 1600%, from 35 to 800 USD per ounce
• In the 1980s-1990s, gold prices corrected downwards as the global and US economies experienced a period of relative stability, with declining oil prices
• In the 2000s, the price level remained relatively stable until the 2008 financial crisis, when quotes soared again from 800 to over 1,900 USD per ounce in 2011. The surge in prices and the end of the crisis were followed by a strong downward correction towards 1,100 USD
• From 2012 to 2020, the global economy and stock markets showed steady growth, with gold trading within a sideways price range from 1,100 to 1,400 USD per ounce
• In 2020, driven by the COVID-19 crisis, gold quotes resumed their upward movement, surpassing 2,000 USD per ounce
• In December 2023, amid rising inflation and geopolitical turbulence, the gold ounce set an all-time price record of 2,150 USD

Key factors influencing XAU/USD

• Economic indicators. This includes inflation, interest rates, unemployment, GDP, and other economic data. For example, a high inflation rate and economic instability may boost the demand for gold as a store of value
• Geopolitics. Investors traditionally consider gold a safe-haven asset against risks and uncertainty during wars, conflicts, sanctions, political and geopolitical instability, and tensions. Demand for gold typically increases during such periods
• New financial technology. For example, the development of the cryptocurrency market may negatively affect the demand for the precious metal. Investors might invest in digital assets instead of gold, lured by the potential for high returns
• US dollar exchange rate. As global gold prices are set in the USD, the US currency exchange rate fluctuations may also impact the price of the precious metal. Gold prices often fall when the US dollar strengthens since it becomes more expensive for buyers. Conversely, with a weak USD, gold prices may be on the rise

Expert XAU/USD price predictions for 2024 and beyond

• UBS Global forecasts that gold prices will rise to 2,250 USD per ounce by the end of 2024
• According to Saxo Bank’s specialists, the precious metal quotes will reach the 2,300 USD mark in 2024
• J.P. Morgan expects gold prices to stand at 2,175 USD by mid-2024 amid potential rate cuts by the Federal Reserve
• According to Wallet Investor, the quotes will hover at 2,058 USD by the end of 2024, rising to 2,104 USD by December 2025

Read more at R Blog - RoboForex

Sincerely,
The RoboForex Team

[RBFX Support]

Boost your earnings with Infinity program for Partners



Dear Partners,

We are thrilled to announce the launch of our Infinity Program for partners!

Get up to 85% of the average spread

for every trade your clients close. Offer better spreads, and receive Infinitely better payouts!

You also receive 20% from swaps

If your clients prefer mid- or long-term strategies, keeping their positions open for some time, you still receive a 20% reward from swap daily.

Payments increased up to 5.4 times



The percentage increase is calculated based on the previous conditions of the RoboForex Partner program

Benefits

Extra income through swaps
Earn an additional 20% through your clients' swaps on top of your commission.

Diverse investment options
Let your clients choose from top-performing assets, including Gold, EURUSD, DE40, USTech, and more.

Use the new partner's calculator
Use the new partner's detailed calculator to check your potential earnings.

Infinity is now available to newly registered RoboForex partners as the main program. The existing partners previously enrolled in the "VIP" program will be switched to the Infinity Program automatically. To change the type of your Partner program (if it is not a "VIP" program), please contact the Partnership department.

Be a part of our community and unleash the boundless earning potential through our Infinity Program. Explore the world of Infinity today and discover a more rewarding tomorrow!



Sincerely,
The RoboForex Team

[RBFX Support]

USD/CAD: Analysis of the Current Trend and Expert Forecasts for 2024



Dear Clients and Partners,​

USD/CAD is among the most sought-after currency pairs in international trade. On 25 January, we examined the key factors influencing the pair’s exchange rate, analysed the dynamics of price changes in 2023, conducted a technical analysis of its chart, and explored expert forecasts for 2024-2025.

Overview of the USD/CAD currency pair

USD/CAD shows the ratio of the US dollar (USD) to the Canadian dollar (CAD). Its quotes indicate how many Canadian dollars must be paid for one US dollar. When the pair exchange rate rises, this means that the US dollar is strengthening against Canada’s currency. When the exchange rate drops, this signals that the Canadian dollar is on the rise against the US dollar.

Trading characteristics of the USD/CAD pair

• The currency pair is traded around the clock from Monday to Friday, with significant trading volumes and maximum volatility during the American trading session. During this period, the US and Canada release the most crucial economic statistics that have a significant impact on the pair's exchange rate
• USD/CAD is quite volatile, characterised by average daily movements ranging from 800 to 1,000 pips. During periods of intense global market movements, the pair’s volatility may increase to 2,000-3,000 pips per day in the short term
• USD/CAD is one of the major currency pairs, which is why the spread is small, thanks to its popularity and high liquidity. In a typical market environment, the spread ranges from 10 to 15 pips in popular ECN accounts

The Bank of Canada’s monetary policy

The Bank of Canada has actively combated mounting inflation from March 2022 to July 2023 by tightening its monetary policy. It is worth noting that the interest rate was raised nine times over this period, with the last increase at a meeting in July 2023. Since then, the rate has remained at 5%. The interest rate hikes have supported the Canadian dollar exchange rate. In its monetary policy, the Bank of Canada focuses on achieving the inflation target of 2%.

The country’s CPI decreased in the second half of 2023, falling from 8.4% in July 2023 to 3.4% in January 2024.
2023 USD/CAD price market outlook
The pair showed mixed trends in 2023, starting the year at 1.3545. During the subsequent months, quotes ranged from 1.3100 to 1.3900. With no clear long-term trend observed during the year, the price underwent local movements within the above range.

The decline in the quotes was attributed to the Bank of Canada’s rate hike policy and stable oil prices, which remained above 70 USD per barrel, supported by the OPEC+ restrictive policy. A growth driver for the pair’s exchange rate was the Federal Reserve’s interest rate hike policy and the strengthening of the US dollar against other currencies.

Strategies for Trading USD/CAD

• Trading with fundamental analysis. This approach involves analysing factors such as the publication of economic statistics, expectations of interest rate changes, or the current trend in global stock and commodity markets. Typically, this is a long-term trading strategy, with positions held for several weeks to a year or more
• Trading with technical analysis. This trading method is based on carefully analysing the currency pair's chart. Classical technical analysis is applied here (trend lines, price patterns, support, and resistance levels), along with various proprietary methods, candlestick combinations, Price Action patterns, and others. Usually, trading with technical analysis tools has a medium-term or short-term nature
• Trading with indicators. This trading strategy uses signals from various technical indicators. This can be a single complex indicator or a combination of several simpler ones. Based on their signals, the direction of trading, entry, and exit points are determined. Indicator signals can be applied for automating trading in specialised programs – advisors

Read more at R Blog - RoboForex

Sincerely,
The RoboForex Team

[RBFX Support]

AUD/USD: Analysis of the Current Trend and Expert Forecasts for 2024



Dear Clients and Partners,​

AUD/USD is one of the key currency pairs in the international foreign exchange market. On 1 February 2024, we examined the primary factors influencing the pair’s exchange rate, analysed its price performance in 2023, and explored expert forecasts for 2024.

Overview of the AUD/USD currency pair

AUD/USD is one of the key currency pairs in the international foreign exchange market. On 1 February 2024, we examined the primary factors influencing the pair’s exchange rate, analysed its price performance in 2023, and explored expert forecasts for 2024.

Trading characteristics of the AUD/USD pair

• Trading hours: The pair is traded round the clock except for weekends, with the highest activity observed during the Pacific, Asian, and American trading sessions
• Volatility: AUD/USD is characterised by moderate volatility, with average daily fluctuations ranging from 500 to 700 pips. However, during times of crises and stock market swings, volatility may increase to 1,000-2,000 pips per day for a short time
• Spread: thanks to high liquidity and moderate volatility, the spread for AUD/USD is minimal, often less than 10 pips in popular ECN accounts

Key factors influencing the AUD/USD quotes

The Reserve Bank of Australia’s monetary policy

The Reserve Bank of Australia has been tightening its monetary policy to combat inflation since May 2022, raising the key rate from 0.1% in April 2022 to 4.35% in November 2023. Subsequently, the regulator paused to assess the dynamics of inflation rates, keeping the indicator unchanged. In its policy, the central bank aims to reduce the inflation rate to the target range of 2-3%.

The Q4 2023 consumer inflation report released on 31 January 2024 showed a decrease in the indicator to 4.1%. It is worth noting that the reading was 5.3% in Q3. According to the Reserve Bank of Australia's estimates, the inflation rate is decreasing and is projected to return to the 2-3% target in 2025.

The US Federal Reserve’s monetary policy

The US Federal Reserve is also combatting inflation by tightening monetary policy, with the regulator aiming to decrease the indicator to 2%. From the beginning of 2022 to July 2023, the interest rate has gradually risen from 0.25% to 5.5%, significantly impacting the exchange rate of the US dollar, which has strengthened markedly against many world currencies.

The inflation rate is gradually decreasing thanks to monetary tightening, and high interest rates exert pressure on the US economy. Consumer inflation (CPI) was down to 3.4% in January 2024. At its latest meeting on 31 January 2024, the Federal Reserve left the interest rate unchanged at 5.5%, with the regulator’s officials noting that they are ready to cut the rate if inflation steadily slows down.

Dynamics of prices for natural resources

Despite being relatively young, Australia’s economy holds a prominent position in the global rankings. The country is rich in diverse natural resources, including gold, iron ore, diamonds, minerals, uranium, and coal deposits. The export of these resources plays a pivotal role in bolstering government revenue. Therefore, an upswing in the global prices of commodities like iron ore, industrial metals, gold, silver, and coal contributes to strengthening the Australian dollar exchange rate and fuels the growth of the AUD/USD currency pair.

Conversely, a decline in the prices of natural resources, often triggered by a global economic crisis, results in a decrease in the Australian dollar exchange rate and the AUD/USD quotes. It is worth noting that the AUD/USD currency pair is correlated with the price of gold. Rising gold prices usually contribute to strengthening the Australian dollar and driving up the pair’s exchange rate. In contrast, a decline in gold quotes is commonly followed by a drop in the Australian currency exchange rate and the pair’s quotes.

How to Trade AUD/USD

• Trading based on fundamental analysis. This method relies on examining significant factors such as economic statistics, expectations of central bank interest rate changes, and current trends in global stock, currency, and commodity markets. It is usually applied in the long term, where positions can be held from several weeks to a year or more
• Trading based on technical analysis. This method relies on carefully studying and analysing the currency pair's chart. This approach employs classical technical analysis using trendlines, price patterns, support and resistance levels, proprietary methodologies, candlestick combinations, Price Action patterns, and more. Trading using technical analysis tools is generally for the medium or short-term
• Trading based on indicator signals. This approach makes trading decisions based on signals from various technical indicators. The direction of trading, entry and exit points from positions are determined based on signals from one or several indicators. These signals can be used to automate trading with the help of special programs, such as trading advisors

Read more at R Blog - RoboForex

Sincerely,
The RoboForex Team

[RBFX Support]

RoboForex: upcoming changes to the trading schedule (Presidents' Day in the US)



Dear Clients and Partners,

Please note the upcoming adjustments to the trading schedule.

Holiday: Presidents' Day in the US
Dates: 19/02/2024 - 20/02/2024

This schedule is for informational purposes and may be subject to further amendments.

MetaTrader 4 / MetaTrader 5 platforms

Schedule for trading on CFDs on Metals (XAUUSD, XAGUSD) and CFDs on oil (Brent, WTI)

• 19/02/2024 – trading stops at 7:40 PM server time
• 20/02/2024 – trading as usual

Schedule for trading on CFDs on US indices (US30Cash, US500Cash, USTECHCash) and CFD on the Japanese index JP225Cash

• 19/02/2024 – trading stops at 7:40 PM server time
• 20/02/2024 – trading as usual

Schedule for trading on CFDs on US stocks

• 19/02/2024 – no trading
• 20/02/2024 – trading as usual

Schedule for trading on CFDs on US futures

• 19/02/2024 – no trading
• 20/02/2024 – trading as usual

R StocksTrader platform

Schedule for trading on US stocks and ETFs

• 19/02/2024 – no trading
• 20/02/2024 – trading as usual

Schedule for trading on CFDs on US stocks and ETFs

• 19/02/2024 – no trading
• 20/02/2024 – trading as usual

Schedule for trading on CFDs on US indices (US500, US30, NAS100), CFDs on Metals (XAUUSD, XAGUSD), and CFDs on oil (WTI.oil, BRENT.oil)

• 19/02/2024 – trading stops at 7:40 PM server time
• 20/02/2024 – trading as usual

Schedule for trading on CFDs on US futures

• 19/02/2024 – no trading
• 20/02/2024 – trading as usual

Please take note of the above amendments to the trading schedule as you plan your trading activity.

Sincerely,
The RoboForex Team

[RBFX Support]

RoboForex upgrades the web platform and R StocksTrader app



Dear Clients and Partners,

RoboForex has rolled out a major update to R StocksTrader, an innovative web platform and mobile trading application. Here is an overview of the updates and functionalities now available.

1. 940+ new stocks, including well-known companies across various industries

Technology and Software

• ANSS.nq (ANSYS Inc.)
• EPAM.ny (EPAM Systems Inc.)
• FIS.ny (Fidelity National Information Services)

Real Estate and Infrastructure

• AON.ny (Aon plc)
• BXP.ny (Boston Properties Inc.)
• CPT.ny (Camden Property Trust)

Healthcare

• DGX.ny (Quest Diagnostics Incorporated)
• GEHC.nq (General Electric Healthcare)
• LH.ny (LabCorp)

Manufacturing and Industrial

• CARR.ny (Carrier Global Corporation)
• EMN.ny (Eastman Chemical Company)
• GNRC.ny (Generac Holdings Inc.)

Financial Services

• RJF.ny (Raymond James Financial Inc.)
• WRB.ny (W. R. Berkley Corporation)

Materials and Mining

• SSRM.nq (SSR Mining Inc.)
• WPM.ny (Wheaton Precious Metals Corp.)

2. Introducing Dividends on CFDs on Indices

Dividends on CFDs on indices are now available, offering you even more opportunities for successful investing and trading.

If you hold a long position, you'll receive a dividend adjustment credited directly to your trading account. Conversely, if you hold a short position, a dividend adjustment will be deducted from your trading account. In both cases, the adjustment is calculated based on the dividend amount and the number of contracts held.

Access a detailed calendar of upcoming dividends directly in R StocksTrader.



3. In-depth financial news and improved analytics

Get updates on both technical and fundamental aspects of the companies you invest in:

• Latest general news, company press releases, and global financial market coverage (sources include Reuters, Bloomberg, Forbes, Financial Times, BBC, Barchart, etc.)
• Quarterly, annual, and other mandatory regulatory/SEC reports for publicly traded US companies

4. "Trade Window" update in the mobile app

Order tab:

• Improved mini-graph with enhanced accuracy and quick filters for period selection
• Information on trading session timings, reasons for trading unavailability, Commission, and Free Margin
• Users can input the Order Margin amount for orders in addition to the Volume
• Take Profit, Stop Loss, and Expiration fields for pending orders are hidden by default
• Clarified error messages for order placement and rejection

Details tab: additional information such as a company description, contract specifications, trading conditions, and time.
News tab: news related to the trading instrument was added.



Added modal windows for:

• "Order Confirmation" – to review and confirm final Volume, Cost, Conversion, and Order Margin.
• "Order Status" – to receive notifications about the executor's status and details of a successful or cancelled order.

Trade on popular global platforms and invest in more than 12,000 instruments from a single account in R StocksTrader!





Sincerely,
The RoboForex Team

[RBFX Support]

Foreign Currency Trading 2024: What to Expect



Dear Clients and Partners,​

On 8 February 2024, we examined how the exchange rates of the leading world currencies had changed in 2023 and discussed the key factors that will impact their performance in 2024. Additionally, we shared short and medium-term expert forecasts for the major currency pairs.

The strongest and weakest currencies in 2023

In 2023, many central banks were actively fighting inflation, resulting in relatively high volatility in the currency market. According to Visual Capitalist, the Mexican peso (MXN) saw an impressive increase last year, appreciating 14.8% against the US dollar (USD). This development occurred amid aggressive interest rate hikes by Mexico’s central bank. When writing, the interest rate was 11.25%.

The Swiss franc (CHF) also demonstrated steady growth of 9.8% due to geopolitical turbulence. The British pound (GBP), Canadian dollar (CAD), and euro (EUR) strengthened moderately within the range of 2-5% by year-end due to the interest rate hike policy pursued by the central banks.

The Australian dollar (AUD), New Zealand dollar (NZD), and Indian rupee (INR) ended the year with little to no changes, declining slightly by −0.1%, −0.5%, and −0.5%, respectively. The Chinese yuan (CNY) slid moderately by 2.8% in 2023.

The worst-performing currencies of the year were the Japanese yen (JPY), Russian ruble (RUB), and Turkish lira (TRY), which dropped by 7%, 17.5%, and 36.6%, respectively. The low-rate policy influenced the yen; the ruble is under pressure from the sanctions imposed following the onset of full-fledged war in Ukraine, and the lira is struggling due to domestic political and economic challenges.

The US Dollar Index (DXY), showing changes in the US currency value against a basket of the world’s major currencies, ended 2023 with a 2.0% decline.



Key factors influencing currencies in 2024

Inflation and central bank policy

The critical factor affecting exchange rates over the last two years was multiple central banks' aggressive interest rate hike cycles to combat inflation. The US regulator initiated these actions in Q1 2022, with the indicator increasing to 5.5% in less than two years.

Most of the world’s developed countries experienced monetary policy tightening to a similar extent. The Bank of England began to raise the interest rate at the end of 2021, a couple of months before the Federal Reserve, with the rate in the UK reaching 5.25% following 14 consecutive hikes. The European Central Bank began to increase the interest rate in mid-2022, pushing it up to 4.5%.

The central banks of Australia, Canada, and other countries followed suit, while the Bank of Japan was practically the only one among the most prominent regulators to pursue an adaptive zero-interest rate policy. This approach dominated the world for the first two years after the beginning of the COVID-19 pandemic.

US elections

Historically, the US dollar exchange rate tends to rise under Democratic presidents and decline under Republicans. Therefore, the currency market becomes especially volatile in the face of uncertainty surrounding upcoming presidential elections in the US, as stated by Business Insider analysts. This event will determine not only the US policy but also the US dollar exchange rate against other currencies.

Donald Trump is expected to become the leading nominee from the Republican party, having won the primaries in the coming months. He will face incumbent Democratic President Joe Biden in a tightly contested election. Their rematch, accompanied by heated rhetoric and the potential for social conflict, may affect investor sentiment and currency markets. Trump is committed to higher tariffs, which will push up inflation and increase the US dollar exchange rate, putting the Chinese yuan, euro, and Mexican peso under pressure.

Trends in the global economy

The International Monetary Fund projects that global economic growth will remain at 3.1% in 2024 and rise to 3.2% in 2025. Higher rates and a withdrawal of fiscal support amid high debt exert pressure on economic activity.

In most regions, the inflation rate is slowing down faster than expected amid unwinding supply-related issues and restrictive monetary policy. Global inflation is projected to fall to 5.8% in 2024 and 4.4% in 2025, with the outlook for the next year being revised downwards.

Read more at R Blog - RoboForex

Sincerely,
The RoboForex Team

[RBFX Support]

RoboForex: important information in view of Walmart's stock split on 26 February 2024



Dear Clients and Partners,

On 26 February 2024, Walmart will have its stocks go through a split. A stock split is a corporate action, as a result of which the company increases the number of issued shares by a specific multiplier and reduces the value of each share by the same multiplier.

Walmart will conduct a 3-for-1 stock split (1 share will be split into 3).

How will this affect positions and orders?

If you have open positions in Walmart shares or plan to open such positions, please pay attention to the following changes, which will be effective as of 26 February 2024:

MetaTrader 4 / MetaTrader 5 accounts

The split procedure will take place on 26 February and will be completed prior to the US Stock session's start at 16:30 hours (server time).

• All pending orders (Buy Limit, Buy Stop, Sell Limit, Sell Stop, Buy Stop Limit, Sell Stop Limit, Stop Loss, and Take Profit) in WMT will be cancelled.
• For positions in WMT, the opening price will be divided by 3.
• The volume of each open position in WMT will be multiplied by 3.

Please note that if you are using an Expert Advisor (EA), we suggest that you check with its developers whether its code needs any modifications to ensure the correct interpretation of the price data after the stock split.

R StocksTrader accounts

The split procedure will take place on 26 February and will be completed prior to the US Stock session's start at 16:30 hours (server time).

• During the split procedure, all active pending orders (Buy Limit, Sell Limit, Stop Loss, and Take Profit) in WMT and WMT.ny will be cancelled.
• For positions in WMT and WMT.ny opened before the split, the opening price will be divided by 3.
• The volume of all open positions in WMT and WMT.ny will be multiplied by 3.
• All positions in any of these instruments in the same direction and on the same account will be combined into one new position. This new position will have the opening price and a volume based on an average weighted price of all positions held before the split.

The historical charts in your trading terminal will be updated to reflect the new prices of the above-mentioned instruments.

All other aspects of trading conditions shall remain intact. Please take this information into account when planning your trading activity.

Sincerely,
The RoboForex Team

[RBFX Support]

Join the “$1,000,000 to RoboForex partners” 2024 promotion



Dear Clients and Partners,

Let us remind you that all RoboForex partners can participate in our grand promotion and win cash prizes.

Don't miss out on your chance to win big with RoboForex! Our Partner program is offering an incredible opportunity for outstanding results. With up to $15,000 up for grabs every month, the rewards are unmatched.

Step into the world of RoboForex Partners – where success is not just a goal, but a thrilling journey. With commissions that speak volumes and an exciting chance to win cash prizes from June 2023 to March 2024.

Winners will be decided by the market. We've chosen the top US stocks and crafted 60 winning combinations using the closing prices of leading US stocks on the first Friday of each month. Participants whose coupon numbers align closest with these combinations will emerge victorious.

Earn with RoboForex and receive prizes!

I want to take part!

Sincerely,
The RoboForex Team

[RBFX Support]

RoboForex: upcoming changes to the trading schedule (reverting to Daylight Saving Time)



Dear Clients and Partners,

Please note the upcoming adjustments to the trading schedule.

Event: Reverting to Daylight Saving Time
Dates: 11/03/2024 - 29/03/2024

This schedule is for informational purposes and may be subject to further amendments.

MetaTrader 4 / MetaTrader 5 platforms

Schedule for trading on CFDs on Metals (XAUUSD, XAGUSD)

• 11/03/2024 - 29/03/2024 – trading session (server time): 12:05 AM - 10:55 PM

Schedule for trading on CFDs on oil (Brent, WTI)

• 11/03/2024 - 29/03/2024 – trading session (server time): 02:00 AM - 10:15 PM

Schedule for trading on CFDs on US indices

• 11/03/2024 - 29/03/2024 – trading session (server time): 02:00 AM - 10:15 PM

Schedule for trading on CFD on the Japanese index JP225Cash

• 11/03/2024 - 29/03/2024 – trading session (server time): 12:05 AM - 10:55 PM

Schedule for trading on CFDs on US stocks

• 11/03/2024 - 29/03/2024 – trading session (server time): 3:31 PM - 10:00 PM

Schedule for trading on CFDs on US futures (ESM23, YMM23, NQM23)

• 11/03/2024 - 29/03/2024 – trading session (server time): 12:00 AM - 11:00 PM

Important notice: On 15, 22, and 29 March 2024, trading all instruments in all platforms will be closed at 11:00 PM server time. In addition, from 11 to 29 March 2024, the bank rollover time will be from 10:00 PM to 12:30 AM server time. Consequently, this might lead to short-term interruptions in quoting and the significant widening of spreads.

R StocksTrader platform

Schedule for trading on US stocks and ETFs

• 11/03/2024 - 29/03/2024 – trading session (server time): 3:30 PM - 10:00 PM

Schedule for trading on CFDs on US stocks and ETFs

• 11/03/2024 - 29/03/2024 – trading session (server time): 3:30 PM - 10:00 PM

Schedule for trading on CFDs on oil (WTI.oil, BRENT.oil)

• 11/03/2024 - 29/03/2024 – trading session (server time): 02:00 AM - 10:15 PM

Schedule for trading on CFDs on Metals (XAUUSD, XAGUSD, XAUEUR)

• 11/03/2024 - 29/03/2024 – trading session (server time): 12:05 AM - 10:55 PM

Schedule for trading all currency pairs

• 11/03/2024 - 29/03/2024 – trading will stop for the 11:00 PM - 11:15 PM interval (server time)

Schedule for trading on CFDs on US futures (ESM23, YMM23, NQM23)

• 11/03/2024 - 29/03/2024 – trading session (server time): 12:00 AM - 11:00 PM

Important notice: On 15, 22, and 29 March 2024, trading all instruments in all platforms will be closed at 11:00 PM server time. In addition, from 11 to 29 March 2024, the bank rollover time will be from 10:00 PM to 12:30 AM server time. Consequently, this might lead to short-term interruptions in quoting and the significant widening of spreads.

Please take note of the above amendments to the trading schedule as you plan your trading activity.

Sincerely,
The RoboForex Team