CUSTOMER UPDATE: Christmas and New Year holidays hours

Published On - December 20, 2020

Holiday Trading Hours

Dear Traders,

Due to the upcoming Christmas and New Year Holidays, the following instruments will amended trading hours, as follows*:

Instrument	Holiday Hours
FX	Closes: 20:00 on Thursday, Dec 24th. Opens: 02:00 Monday, Dec 28th Closes: 20:00 on Thursday, Dec 31st. Opens: 02:00 Monday, Jan 4th
All CFDs & Cryptos	Closes: 19:30 on Thursday, Dec 24th. Opens: 02:00 Monday, Dec 28th Closes: 19:30 on Thursday, Dec 31st. Opens: 02:00 Monday, Jan 4th
XAU/USD XAG/USD XNG/USD XTI/USD USOIL UKOIL	Closes: 19:30 on Thursday, Dec 24th. Opens: 03:05 Monday, Dec 28th
XBR/USD	Closes: 19:30 on Thursday, Dec 31st. Opens: 03:05 Monday, Jan 4th

* Quoted times are MT4 server time, GMT+2.

Please feel free to contact us at support@newtraderlab.com for further details or assistance.

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You acknowledge that trading derivative financial instruments, including foreign exchange, futures, options, contracts for differences and commodities carry a substantial potential risk of loss and you understand the risks involved and that you are willing to undertake this risk. You further confirm your understanding that the value of these financial instruments is influenced by the price changes of their underlying reference instruments, that these prices may fluctuate both rapidly and widely, that such factors can be neither predicted nor controlled by any party, and that leverage or "gearing" will disproportionately impact the results of any such transactions. Losses can therefore quickly compound. You will be responsible to ensure your account has sufficient margin to sustain your trading activity. If you are classified by us as a Retail Client, you will henceforth be subject to an ESMA-mandated close out rule on loss making positions when your minimum required margin level decreases to 50%. As a Retail Client you will however be protected by newtraderlab from incurring a negative balance in your trading account.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 79.74% of our retail investor accounts trading Contracts for Differences have lost money within the past twelve months.

Retail Investors in Spain: Due to the complexity and risk associated with trading CFDs, CNMV believes that they are not appropriate for retail investors (https://www.cnmv.es)

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage, 79.74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.