{"id":45299,"date":"2020-06-30T04:49:41","date_gmt":"2020-06-30T04:49:41","guid":{"rendered":"https:\/\/www.zfx.com\/?post_type=announcement&p=45299"},"modified":"2020-09-09T12:09:25","modified_gmt":"2020-09-09T12:09:25","slug":"important-notice-changes-for-stp-ecn-accounts","status":"publish","type":"announcement","link":"https:\/\/www.zfx-asia.com\/ms\/announcement\/important-notice-changes-for-stp-ecn-accounts-45299\/","title":{"rendered":"IMPORTANT NOTICE – CHANGES FOR STP & ECN ACCOUNTS"},"content":{"rendered":"

Dea<\/span>r Valu<\/span>ed<\/span>\u00a0Client<\/span>,<\/span>\u00a0<\/span><\/p>\n

ZFX (the \u201c<\/span>c<\/span>ompany\u201d<\/span>) hereby announces that, effective from 11<\/span>t<\/span>h<\/span>\u00a0July 2020, the\u00a0<\/span>c<\/span>ompany has decided to streamline the Universal Naming Convention (UNC) on\u00a0all\u00a0<\/span>of\u00a0<\/span>our symbols\u00a0<\/span>a<\/span>ccordingly<\/span>.<\/span>\u00a0<\/span>T<\/span>he UNC of the following trading instruments will be\u00a0<\/span>revised, giving<\/span>\u00a0<\/span>our\u00a0<\/span>clients<\/span>\u00a0a more professional user experience.<\/span>\u00a0<\/span><\/p>\n

STP Account<\/strong><\/span><\/p>\n

FX<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Old<\/strong><\/span><\/td>\nNew<\/strong><\/span><\/td>\n<\/tr>\n
AUDCADpro<\/span><\/span>\u00a0<\/span><\/td>\nAUDCAD<\/span><\/span>\u00a0<\/span><\/td>\n<\/tr>\n
AUDCHFpro<\/span><\/span><\/td>\nAUDCHF<\/span><\/span><\/td>\n<\/tr>\n
AUDJPYpro<\/span><\/span><\/td>\nAUDJPY<\/span><\/span><\/td>\n<\/tr>\n
AUDNZDpro<\/span><\/span><\/td>\nAUDNZD<\/span><\/span><\/td>\n<\/tr>\n
AUDUSDpro<\/span><\/span><\/td>\nAUDUSD<\/span><\/span><\/td>\n<\/tr>\n
CADCHFpro<\/span><\/span><\/td>\nCADCHF<\/span><\/span><\/td>\n<\/tr>\n
CADJPYpro<\/span><\/span><\/td>\nCADJPY<\/span><\/span><\/td>\n<\/tr>\n
CHFJPYpro<\/span><\/span><\/td>\nCHFJPY<\/span><\/span><\/td>\n<\/tr>\n
EURAUDpro<\/span><\/span><\/td>\nEURAUD<\/span><\/span><\/td>\n<\/tr>\n
EURCADpro<\/span><\/span><\/td>\nEURCAD<\/span><\/span><\/td>\n<\/tr>\n
EURCHFpro<\/span><\/span><\/td>\nEURCHF<\/span><\/span><\/td>\n<\/tr>\n
EURGBPpro<\/span><\/span><\/td>\nEURGBP<\/span><\/span><\/td>\n<\/tr>\n
EURJPYpro<\/span><\/span><\/td>\nEURJPY<\/span><\/span><\/td>\n<\/tr>\n
EURNZDpro<\/span><\/span><\/td>\nEURNZD<\/span><\/span><\/td>\n<\/tr>\n
EURTRYpro<\/span><\/span><\/td>\nEURTRY<\/span><\/span><\/td>\n<\/tr>\n
EURUSDpro<\/span><\/span><\/td>\nEURUSD<\/span><\/span><\/td>\n<\/tr>\n
GBPAUDpro<\/span><\/span><\/td>\nGBPAUD<\/span><\/span><\/td>\n<\/tr>\n
GBPCADpro<\/span><\/span><\/td>\nGBPCAD<\/span><\/span><\/td>\n<\/tr>\n
GBPCHFpro<\/span><\/span><\/td>\nGBPCHF<\/span><\/span><\/td>\n<\/tr>\n
GBPJPYpro<\/span><\/span><\/td>\nGBPJPY<\/span><\/span><\/td>\n<\/tr>\n
GBPNZDpro<\/span><\/span>\u00a0<\/span><\/td>\nGBPNZD<\/span><\/span><\/td>\n<\/tr>\n
GBPUSDpro<\/span><\/span><\/td>\nGBPUSD<\/span><\/span><\/td>\n<\/tr>\n
NZDCADpro<\/span><\/span><\/td>\nNZDCAD<\/span><\/span><\/td>\n<\/tr>\n
NZDCHFpro<\/span><\/span><\/td>\nNZDCHF<\/span><\/span><\/td>\n<\/tr>\n
NZDJPYpro<\/span><\/span><\/td>\nNZDJPY<\/span><\/span><\/td>\n<\/tr>\n
NZDUSDpro<\/span><\/span><\/td>\nNZDUSD<\/span><\/span><\/td>\n<\/tr>\n
USDCADpro<\/span><\/span><\/td>\nUSDCAD<\/span><\/span><\/td>\n<\/tr>\n
USDCHFpro<\/span><\/span><\/td>\nUSDCHF<\/span><\/span><\/td>\n<\/tr>\n
USDCNHpro<\/span><\/span><\/td>\nUSDCNH<\/span><\/span><\/td>\n<\/tr>\n
USDJPYpro<\/span><\/span><\/td>\nUSDJPY<\/span><\/span><\/td>\n<\/tr>\n
USDNOKpro<\/span><\/span><\/td>\nUSDNOK<\/span><\/span><\/td>\n<\/tr>\n
USDSGDpro<\/span><\/span><\/span><\/span><\/td>\nUSDSGD<\/span><\/span><\/span><\/span><\/td>\n<\/tr>\n
USDTRYpro<\/span><\/span><\/span><\/span><\/span><\/span><\/td>\nUSDTRY<\/span><\/span><\/span><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Precious Metal<\/strong><\/p>\n\n\n\n\n\n
Old<\/strong><\/span><\/td>\nNew<\/strong><\/span><\/td>\n<\/tr>\n
GOLD<\/span><\/span>\u00a0<\/span><\/td>\nXAUUSD<\/span><\/span>\u00a0<\/span><\/td>\n<\/tr>\n
SILVER<\/span><\/span><\/td>\nXAGUSD<\/span><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Commodities<\/span><\/span>\u00a0CFDs<\/span><\/span>\u00a0<\/span><\/strong><\/p>\n\n\n\n\n
Old<\/strong><\/span><\/td>\nNew<\/strong><\/span><\/td>\n<\/tr>\n
CU<\/td>\nCOPPER<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/strong><\/p>\n

ECN Account<\/strong>\u00a0<\/span><\/p>\n

Commodities<\/span><\/span>\u00a0CFDs<\/span><\/span>\u00a0<\/span><\/strong><\/p>\n\n\n\n\n
Old<\/strong><\/span><\/td>\nNew<\/strong><\/span><\/td>\n<\/tr>\n
CU<\/td>\nCOPPER<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Energies CFDs<\/span><\/span>\u00a0<\/span> <\/strong><\/p>\n\n\n\n\n\n
Old<\/strong><\/span><\/td>\nNew<\/strong><\/span><\/td>\n<\/tr>\n
UKOILe<\/td>\nUKOIL<\/td>\n<\/tr>\n
USOILe<\/span><\/span><\/td>\nUSOIL<\/span><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\n

Contract\u00a0<\/span><\/span>S<\/span><\/span>ize\u00a0<\/span><\/span>A<\/span><\/span>djustment<\/span><\/span>\u00a0for<\/span><\/span>\u00a0US30<\/span><\/span>\u00a0<\/span><\/strong><\/p>\n

The<\/span><\/span>\u00a0<\/span><\/span>contract<\/span><\/span>\u00a0size of USD30 will be adjusted<\/span><\/span>\u00a0<\/span><\/span>from 1 to 10 per lot<\/span><\/span>\u00a0<\/span><\/span>basis<\/span><\/span>,\u00a0<\/span><\/span>effective from\u00a0<\/span><\/span>11<\/span><\/span>th<\/span><\/span>\u00a0July 2020.<\/span><\/span>\u00a0<\/span><\/span>Clients<\/span><\/span>\u00a0should be aware of the relevant adjustment prior to any transaction<\/span><\/span>.<\/span><\/span>\u00a0<\/span><\/span><\/p>\n\n\n\n\n
Old contract size<\/span><\/span>\u00a0(Standard lot)<\/span><\/span><\/span>\u00a0<\/span><\/strong><\/td>\nNew contract size<\/span><\/span>\u00a0(Standard lot)<\/span><\/span>\u00a0<\/span><\/span><\/strong><\/td>\n<\/tr>\n
1<\/td>\n10<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Example:<\/span>\u00a0<\/span>\u00a0<\/span><\/p>\n

Trading US30 1 lot<\/span>\u00a0at<\/span>\u00a0the<\/span>\u00a0price<\/span>\u00a0of<\/span>\u00a025<\/span>,<\/span>000<\/span>\u00a0<\/span><\/p>\n

Change of margin requirement<\/span><\/p>\n\n\n\n\n\n
Before 11<\/span><\/span>th<\/span><\/span>\u00a0July<\/span><\/span>\u00a0<\/span><\/span>\u00a0<\/span><\/span><\/strong><\/td>\nAfter 11<\/span><\/span>th<\/span><\/span>\u00a0July<\/span><\/span>\u00a0<\/span><\/span><\/strong><\/td>\n<\/tr>\n
1 lot US30\u00a0<\/span>\u00a0<\/span>= (25<\/span>,<\/span>000 X<\/span>\u00a0<\/span>1 \/ 200<\/span>\u00a0leverage<\/span>)\u00a0<\/span>\u00a0<\/span><\/p>\n

=\u00a0<\/span>$125<\/span>\u00a0USD<\/span>\u00a0<\/span>\u00a0<\/span><\/p>\n

(Contract Size = 1)<\/span>\u00a0<\/span><\/td>\n

1 lot US30\u00a0<\/span>\u00a0<\/span>= (25<\/span>,<\/span>000 X10 \/ 200<\/span>\u00a0leverage<\/span>)\u00a0<\/span>\u00a0<\/span><\/p>\n

=\u00a0<\/span>$1<\/span>,<\/span>250<\/span>\u00a0USD<\/span>\u00a0<\/span>\u00a0<\/span><\/p>\n

(Contract Size = 10)<\/span>\u00a0<\/span><\/td>\n<\/tr>\n

Contract\u00a0size\u00a0<\/span>:\u00a0<\/span>1<\/span>\u00a0<\/span>Required\u00a0margin :\u00a0$12<\/span>5<\/span>\u00a0USD<\/span>\u00a0<\/span><\/td>\nContract size increase<\/span>s<\/span>\u00a0to\u00a0<\/span>:\u00a0<\/span>10\u00a0<\/span>\u00a0<\/span>R<\/span>equired margin\u00a0<\/span>increases<\/span>\u00a0to<\/span>\u00a0:<\/span>\u00a0$<\/span>,<\/span>1250<\/span>\u00a0USD<\/span>\u00a0<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

If\u00a0<\/span>your current US30 order\u00a0<\/span>is between 0.01<\/span>\u00a0lot<\/span>\u00a0to 0.<\/span>0<\/span>9<\/span>\u00a0lot<\/span>,\u00a0<\/span>the symbol of US30 will be changed to<\/span>\u00a0US30t\u00a0<\/span>and<\/span>\u00a0will be<\/span>\u00a0in<\/span>\u00a0the<\/span>\u00a0<\/span>\u201c<\/span><\/strong>close only<\/span><\/strong>\u201d<\/span><\/strong>\u00a0<\/span>mode<\/span>.\u00a0<\/span>\u00a0<\/span><\/p>\n

If\u00a0<\/span>your current US30 order<\/span>\u00a0<\/span>is\u00a0<\/span>more than 0.<\/span>0<\/span>9<\/span>\u00a0lot<\/span>, the\u00a0<\/span>symbol will remain unchanged.\u00a0<\/span>However,\u00a0<\/span>the number of\u00a0<\/span>the\u00a0<\/span>lot size\u00a0<\/span>on<\/span>\u00a0your order<\/span>\u00a0<\/span>will\u00a0<\/span>be divided by 10<\/span>,<\/span>\u00a0s<\/span>tarting from 11<\/span>th<\/span>\u00a0July,<\/span>\u00a0<\/span>e.g<\/span>.<\/span>\u00a0updated<\/span>\u00a0from\u00a0<\/span>1 lot\u00a0<\/span>to<\/span>\u00a00.1 lot<\/span>\u00a0for US30<\/span>.\u00a0<\/span>\u00a0<\/span><\/p>\n

E<\/span>xample:<\/span>\u00a0<\/span><\/p>\n\n\n\n\n
Before 11th July<\/strong><\/span><\/td>\nAfter 11th July\u00a0<\/span><\/span><\/strong><\/td>\n<\/tr>\n
1 Lot<\/td>\n0.1 Lot<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

If\u00a0<\/span><\/span>a\u00a0<\/span><\/span>client is\u00a0<\/span><\/span>us<\/span><\/span>ing<\/span><\/span>\u00a0EA, please make sure modifications<\/span><\/span>\u00a0are<\/span><\/span>\u00a0<\/span><\/span>made accordingly<\/span><\/span>.<\/span><\/span><\/p>\n

Commission<\/span><\/strong>\u00a0Fees<\/span><\/strong>\u00a0<\/span><\/p>\n

The commission<\/span>\u00a0fees<\/span>\u00a0of ZFX ECN account<\/span>s<\/span>\u00a0will be adjusted effective from\u00a0<\/span>11<\/span>th<\/span>\u00a0July<\/span>\u00a02020<\/span>. Clients<\/span>\u00a0should be aware of the relevant adjustment<\/span>s<\/span>\u00a0prior to any transaction.<\/span>\u00a0<\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n
Product<\/strong><\/span><\/td>\nOld Commission Fees<\/strong><\/span><\/td>\nNew Commission Fees<\/strong><\/span><\/td>\n<\/tr>\n
Forex<\/span><\/span>\u00a0<\/span><\/td>\n$7<\/td>\n$7<\/span><\/span><\/td>\n<\/tr>\n
Precious Metal<\/span><\/span><\/td>\n$7<\/span><\/span><\/td>\n$7<\/span><\/span><\/span><\/span><\/td>\n<\/tr>\n
Indices<\/span><\/span><\/td>\nNo Commission Fees<\/span><\/span><\/td>\nNo Commission Fees<\/span><\/span><\/td>\n<\/tr>\n
Commodities<\/span><\/span><\/td>\n–<\/span><\/span><\/td>\nNo Commission Fees<\/span><\/span><\/span><\/span><\/td>\n<\/tr>\n
Energy<\/span><\/span><\/td>\n$7<\/span><\/span><\/td>\nNo Commission Fees<\/span><\/span><\/span><\/span><\/td>\n<\/tr>\n
Cryptocurrencies<\/span><\/span><\/td>\n–<\/span><\/span><\/td>\nNo Commission Fees<\/span><\/span><\/span><\/span><\/td>\n<\/tr>\n
Shares<\/td>\n–<\/span><\/span><\/td>\nNo Commission Fees<\/span><\/span><\/span><\/span><\/span><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Dear Valued\u00a0Client,\u00a0 ZFX (the \u201ccompany\u201d) hereby announces that, effective from 11th\u00a0July 2020, the\u00a0company has decided to streamline the Universal Naming Convention (UNC) on\u00a0all\u00a0of\u00a0our symbols\u00a0accordingly.\u00a0The UNC of the following trading instruments will be\u00a0revised, giving\u00a0our\u00a0clients\u00a0a more professional user experience.\u00a0 STP Account FX Old New AUDCADpro\u00a0 AUDCAD\u00a0 AUDCHFpro AUDCHF AUDJPYpro AUDJPY AUDNZDpro AUDNZD AUDUSDpro AUDUSD CADCHFpro CADCHF CADJPYpro […]<\/p>\n","protected":false},"author":177,"featured_media":0,"template":"","announcement_category":[],"class_list":["post-45299","announcement","type-announcement","status-publish","hentry"],"acf":[],"current_lang":"ms","_links":{"self":[{"href":"https:\/\/www.zfx-asia.com\/ms\/wp-json\/wp\/v2\/announcement\/45299","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zfx-asia.com\/ms\/wp-json\/wp\/v2\/announcement"}],"about":[{"href":"https:\/\/www.zfx-asia.com\/ms\/wp-json\/wp\/v2\/types\/announcement"}],"author":[{"embeddable":true,"href":"https:\/\/www.zfx-asia.com\/ms\/wp-json\/wp\/v2\/users\/177"}],"version-history":[{"count":0,"href":"https:\/\/www.zfx-asia.com\/ms\/wp-json\/wp\/v2\/announcement\/45299\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.zfx-asia.com\/ms\/wp-json\/wp\/v2\/media?parent=45299"}],"wp:term":[{"taxonomy":"announcement_category","embeddable":true,"href":"https:\/\/www.zfx-asia.com\/ms\/wp-json\/wp\/v2\/announcement_category?post=45299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}