Common use of CFD Clause in Contracts

CFD. 3.2.1. The CFD mechanics are available only on Demo Accounts. 3.2.2. When opening a Trade, the Client indicates the Asset, the amount of the Client's investment in the Trade, the Multiplier, and the direction of chart movement. 3.2.3. Trading period: Monday 07:00 UTC to Friday 21:00 UTC. Outside the specified period, conducting of Trading Operations, including opening new and closing current Trades, is not available using the CFD mechanics. If holidays (non-working days) fall during the specified period on the Asset exchange, Trading Operations with that Asset are not conducted on the Trading Platform. 3.2.4. Earnings on a Trade are calculated using the following formula: Amount of the Client's investment in the Trade x the Multiplier x (closing Quote / opening Quote - 1). 3.2.5. At the time of opening a Trade, a commission in the amount of 0.02% of the Trade Volume is debited from the Client's Demo Account. When calculating the amount of the commission, it is always rounded up to the nearest tenth in the Demo Account currency. 3.2.6. When using the CFD mechanics, the Client can have no more than 15 (Fifteen) Trades open at the same time. 3.2.7. The Trade is closed by order of the Client or automatically. A Trade is closed automatically: —in the event of a negative financial result for the Trade before its closing reaching 95% of the amount of the Client's investment in the Trade (technical Stop Loss); —after 15 (Fifteen) days from the time of opening the Trade. 3.2.8. If the automatic closing of a Trade (clause 3.2.7) falls during a time when execution of Trading Operations in the CFD mechanics for the Asset of the Trade is not being implemented on the Trading Platform, the Trade is closed immediately after the Quote of the Asset of the Trade is received on the Trading Platform during the next trading period. 3.2.9. If at the time of closing of the Trade, the current Quote of the selected Asset is higher than its Quote at the time of opening of the Trade, the Trade is considered profitable if the selected direction of the Trade is “up.” If at the time of closing of the Trade, the current Quote of the selected Asset is lower than its Quote at the time of opening of the Trade, the Trade is considered profitable if the selected direction of the Trade is "down." 3.2.10. The Loss on a Trade when using the CFD mechanics cannot exceed 100% of the amount of the Client's investment in the Trade.