Types of orders
Ozios provides clients with the following types of orders: Buy, Sell, Buy Limit, Sell Limit, Buy Stop, Sell Stop, Take Profit, Stop Loss, Trailing Stop.
MetaTrader trading hours
An overview of trading hours for forex, commodities and indices can be found here. You can find an overview of trading hours for shares here.
The full list of available trading instruments next to the underlying asset and the exchange where they are actively traded can be found here.
Demo account is limited to 30 days. After the end of this time, you have the option to switch to Live account.
Swaps are charged at the end of the business day at basic rates, apart from Wednesday when the charges are tripled. Find out swap charges here.
A margin call is triggered when the equity of the account, as a percentage of the total market value of open positions, falls below 100% margin level. When the client avoids covering the amount that is required in order to bring the value up to the account's maintenance margin, the company is forced to close open positions at 50 % margin level. Beware that notifications are received only when the client is logged in to the platform, so we advise our clients to log in regularly and monitor the value of their account.
Negative Balance Protection
Negative balance protection is a precautionary measure that we take in order to protect our clients. This ensures our traders will not lose more money than they deposit in case the account reaches negative levels as a result of poor trading activity.
MT5 rollover table
Ozios automatically rolls over open positions for indices and commodities to the next future contract before the current one expires. You can find a table of rollovers and expirations here. Please note that the information serves for informational purposes only and may change due to low liquidity or unforeseen changes in the markets. An explanation of rollovers can be found here. Before the rollover, all existing Take Profit and Stop Loss orders, as well as Buy or Sell Limit and Buy or Sell Stop orders, will be cancelled 10 minutes before the contracts` expiration. You will not be able to open new positions 15 minutes before the contracts expiration.
Shares and cash indices reflect corporate events, so you will be entitled to a dividend payment if you have an open long position in the relevant shares, and if you open a short position, you will be written off a value equal to the dividend. If the dividend settlement relates to shares that you trade and whose positions were opened at the end of the day preceding the first day without the right to a dividend (so-called Ex-dividend day), the company will apply the dividend settlement In the case of CFD transactions relating to individual shares. The settlement of dividends will be used as follows:
Clients holding long equity positions (CFDs) will be credited with dividends based on ex-dividend settlement.
Clients holding short positions in individual shares (CFDs) will be deducted dividends based on ex-dividend settlement.
Please note that dividends may be subject to tax. The Company may end or change the settlement of dividends, in particular on the basis of changes in the law, changes in the regulatory system, the tax rate or withholding tax requirements to the relevant tax administrator.
The company charges a fee of value up to EUR 30 (or equivalent amount depending of the currency of the account) when the trading account is inactive for a period of 1 month, as defined in the terms and conditions.
All transactions on Italian CFDs and ITA40 are subject to financial transaction tax (FTT). The tax is charged as a fixed fee related to the nominal value of the transaction, as set out below:
Up to EUR 2 500: 0.25 EUR
2 500 – 5 000 EUR: 0.5 EUR
5 000 – 10 000 EUR: 1 EUR
10 000 – 50 000 EUR: 5 EUR
50 000 – 100 000 EUR: 10 EUR
100 000 – 500 000 EUR: 50 EUR
500 000 – 1 000 000: 100 EUR
More than 1 000 000 EUR: 200 EUR