Announcement

Dear Valued Client, 

ZFX (the “company”) hereby announces that, effective from 11th July 2020, the company has decided to streamline the Universal Naming Convention (UNC) on all of our symbols accordingly. The UNC of the following trading instruments will be revised, giving our clients a more professional user experience. 

STP Account

FX

OldNew
AUDCADpro AUDCAD 
AUDCHFproAUDCHF
AUDJPYproAUDJPY
AUDNZDproAUDNZD
AUDUSDproAUDUSD
CADCHFproCADCHF
CADJPYproCADJPY
CHFJPYproCHFJPY
EURAUDproEURAUD
EURCADproEURCAD
EURCHFproEURCHF
EURGBPproEURGBP
EURJPYproEURJPY
EURNZDproEURNZD
EURTRYproEURTRY
EURUSDproEURUSD
GBPAUDproGBPAUD
GBPCADproGBPCAD
GBPCHFproGBPCHF
GBPJPYproGBPJPY
GBPNZDpro GBPNZD
GBPUSDproGBPUSD
NZDCADproNZDCAD
NZDCHFproNZDCHF
NZDJPYproNZDJPY
NZDUSDproNZDUSD
USDCADproUSDCAD
USDCHFproUSDCHF
USDCNHproUSDCNH
USDJPYproUSDJPY
USDNOKproUSDNOK
USDSGDproUSDSGD
USDTRYproUSDTRY

 

Precious Metal

OldNew
GOLD XAUUSD 
SILVERXAGUSD

 

Commodities CFDs 

OldNew
CUCOPPER

 

Cryptocurrency CFDs 

OldNew
BTCBTCUSD

 

ECN Account 

Commodities CFDs 

OldNew
CUCOPPER

 

Energies CFDs 

OldNew
UKOILeUKOIL
USOILeUSOIL

 

 Cryptocurrency CFDs 

OldNew
BTCBTCUSD

 

Contract Size Adjustment for US30 

The contract size of USD30 will be adjusted from 1 to 10 per lot basiseffective from 11th July 2020. Clients should be aware of the relevant adjustment prior to any transaction. 

Old contract size (Standard lot) New contract size (Standard lot) 
110

 

Example:  

Trading US30 1 lot at the price of 25,000 

Change of margin requirement

Before 11th July  After 11th July 
1 lot US30  

= (25,000 X 1 / 200 leverage 

$125 USD  

(Contract Size = 1) 

1 lot US30  

= (25,000 X10 / 200 leverage 

$1,250 USD  

(Contract Size = 10) 

Contract size 1 

Required margin : $125 USD 

Contract size increases to 10  

Required margin increases to : $,1250 USD 

 

If your current US30 order is between 0.01 lot to 0.09 lotthe symbol of US30 will be changed to US30t and will be in the close only mode 

If your current US30 order is more than 0.09 lot, the symbol will remain unchanged. However, the number of the lot size on your order will be divided by 10, starting from 11th July, e.g. updated from 1 lot to 0.1 lot for US30 

Example: 

Before 11th JulyAfter 11th July 
1 Lot0.1 Lot

If client is using EA, please make sure modifications are made accordingly.

 

Commission Fees 

The commission fees of ZFX ECN accounts will be adjusted effective from 11th July 2020. Clients should be aware of the relevant adjustments prior to any transaction. 

ProductOld Commission FeesNew Commission Fees
Forex $7$7
Precious Metal$7$7
IndicesNo Commission FeesNo Commission Fees
CommoditiesNo Commission Fees
Energy$7No Commission Fees
CryptocurrenciesNo Commission Fees
SharesNo Commission Fees