With over 300+ instruments such as FX pairs, Indices, Commodities and Share CFDs, trade your way with Quest Signals.
Open Account LoginQuest Signals offers clients award-winning customer service, a range of promotions, educational resources and trading tools.
Open Account LoginQuest Signals is a leading regulated Forex broker offering traders around the world access to global markets.
Open Account LoginPartner with Quest Signals, the industry's leading Forex broker for IBs and CPA Affiliates and start earning more today.
When you’re trading an instrument, such as Oil on the MT4/MT5 platform, if you hold that position over the monthly expiration date of the futures contract that its price is based on, you will encounter what’s called a rollover. This is because Oil is a futures contract which has a set expiration date.
If you do not wish for your position to be rolled over, then you should close your position prior to the rollover date.
The monetary impact is largely nullified, as the changes in values of the open positions, are offset by a debit or credit adjustment made to the account. It appears on your statement as ‘Cash Adjustment-Rollover’
Example:
CL-OIL futures (May contract) expires with the ask at $20.050 and bid at $20.000.
New CL-OIL futures (June contract) opens trading at ask $26.050 and bid $26.000.
One Standard contract size for CL-OIL is 1,000 barrels.
If you hold one lot of long CL-OIL, you will be charged (26.050-20.000) *1000 = -$6050.
The ‘Cash Adjustment- Rollover’ is Dr -$6050
If you hold one lot of short CL-OIL, you will be credited (26.000-20.050) *1000 = +$5950.
The ‘Cash Adjustment- Rollover’ is Cr +$5950
TRADE OIL WITH
100:1
leverage
Choose an account type and submit your application
Fund your account using a wide range of funding methods.
Access 300+ instruments across all asset classes on MT4 / MT5
Risk Warning:
Trading Forex
and CFDs involves significant risk and can result in the loss of your
invested capital. You should not invest more than you can afford to lose
and should ensure that you fully understand the risks involved. Trading
leveraged products may not be suitable for all investors. Before
trading, please take into consideration your level of experience,
investment objectives and seek independent financial advice if
necessary. Please ensure that you fully understand the risks before you
make any trading decisions.
Advice Warning:
The
information on this website is of general nature only, and the advice
has been prepared without taking account of your objectives, financial
situation or needs. Accordingly, before acting on the advice, you should
consider the appropriateness of the advice having regard to your
objectives, financial situation and needs.
Quest Signals, Inc is authorised and regulated in various jurisdictions.
Quest Signals trading under Quest Signals, Inc, is authorised and regulated by the FCA, Securities Investment
Business Law (SIBL).
Email: support@questsignals.com
Copyright © 2024 Quest Signals, Inc. All rights reserved.