CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.50% of retail investors lose their capital when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Technical changes to CFD Contracts (Indices and Oil)

Dear clients of Purple Trading, we would like to draw your attention to this, that on the weekend 2.6. - 3.6.2018 will make some technical adjustments on some CFD. These changes can most affect the proper functioning of EA systems, so we recommend that you check their settings.
 

The new changes:

Indices

  • On all indices it will be possible to trade with the minimum volume and volume step 0.1 lot (the current state of the commodities will be maintained).

  • In the DOW index, the quote will be changed to one decimal place, thereby reducing the tick size from 1 to 0.1 and the tick value from 5 to 0.5. This mean, if the traders at the price range XX now realize a profit / loss YY, then with the same volume of trade and at the same price range XX, will be realized again the same profit / loss YY even after introduce this new changes.
     

Oil (CL)

  • For this instrument, will be decrease the contract size from 1000 to 100 in the symbol specification and the number of decimal places of quote will be changed from the current 3 to 2. For maintain existing margin requirements, here will be also change a value of percentage from 5 to 50. Based on these changes, traders will still to realize the same profit / loss for the same price range as it is for the above-mentioned indices (the nominal value for 1 lot is therefore not changed here).