Upcoming Contract Size Adjustments on Funded Trader Markets
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TheTrustedProp
Date: November 9, 2024
This weekend, Funded Trader Markets will implement significant updates to contract sizes on the C Trader and Match Trader platforms. These changes, designed to optimize trading efficiency and align contract sizes across platforms, will apply to new positions taken after the update goes live. Any existing positions will remain unaffected, ensuring a smooth transition for active traders.
Below, we outline the upcoming contract size modifications for several key trading symbols:
Details of the Changes:
GER30 (Germany 40 Index):
Current Lot Size (CTR): 1
New Lot Size (CTR): 25
Action: Lot size on C Trader will change to 25.
JAP225 (Japan 225 Index):
Current Lot Size (CTR): 1
New Lot Size (CTR): 10
Action: Lot size on C Trader will change to 10.
US100 (Nasdaq 100 Index):
Current Lot Size (CTR): 1
New Lot Size (CTR): 20
Action: Lot size on C Trader will change to 20.
US30 (Mini-sized DJIA/spot):
Current Lot Size (CTR): 1
New Lot Size (CTR): 5
Action: Lot size on C Trader will change to 5.
US500 (S&P 500 Index):
Current Lot Size (CTR): 1
New Lot Size (CTR): 50
Action: Lot size on C Trader will change to 50.
XAGUSD (Silver vs US Dollar):
Current Lot Size (CTR): 500
New Lot Size (CTR): 5000
Action: Lot size on C Trader will change to 5000.
XAUUSD (Gold vs US Dollar):
Current Lot Size (CTR): 10
New Lot Size (CTR): 100
Action: Lot size on C Trader will change to 100.
These modifications aim to improve trading conditions and ensure consistent contract sizes across the C Trader (CTR) and Match Trader (MTR) platforms.
Key Points to Remember:
Applies to New Positions: Only new trades opened after the update will follow the revised contract size calculations. Positions currently open will retain their original lot sizes.
Platform-Specific Changes: While "CTR" refers to the C Trader platform, "MTR" designates the Match Trader platform. Each adjustment corresponds to these specific platforms.
For traders, understanding these adjustments is crucial to managing risk and planning future trades effectively. The Funded Trader team encourages all users to review these changes carefully and reach out with any questions before the update takes effect.
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