31.05.2024
Gerchik & Co announces updates to index CFD trading conditions
31.05.2024
Mirjan Hipolito
Cryptocurrency and stock expert

​Gerchik & Co has introduced new updates to the trading conditions for index CFDs, effective immediately. 

These changes are part of the company's ongoing efforts to improve the trading experience and provide more flexible trading options for its clients.

Gerchik & Co has added three new symbols to its index CFD offerings:

NDXcash: Represents the U.S. NASDAQ 100 index.

US30cash: Represents the US Dow Jones 30 index.

US500cash: Represents the US SPX500 index.

These additions are designed to provide traders with more opportunities to diversify their portfolios and work with major global indices.

Significant changes have also been made to the trading volumes for JPN225 and SPX500:

The minimum trading volume and trading step has been reduced from 1 lot to 0.5 lots for MetaTrader 4 and MetaTrader 5 accounts.

The maximum trading volume has been reduced from 200 lots to 20 lots, for MetaTrader 5 accounts only.

In addition, trading in SPX500, USTEC and US30 indices will be available until July 1, 2024. 

From June 1, 2024 to July 1, 2024, traders can only close existing positions in these indices. No new positions will be opened during this period and all open positions will be automatically closed on July 1, 2024. These measures are aimed at optimizing trading operations and reducing potential risks.

These updates reflect Gerchik & Co's commitment to provide improved trading conditions and to respond quickly to the needs of its clients. 

Traders are advised to adjust their strategies accordingly to take full advantage of the new offers and conditions.

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