According to the information uploaded by the official website on November 25, 2019, the FXTM broker reminded its traders that there would be a schedule change in connection with the US Thanksgiving day. This year, Thanksgiving is celebrated on November 28, 2019, so the activities of major banks in the US have changed until November 29, 2019.
FXTM is a broker that provides trading facilities in various instruments, ranging from forex, Cryptocurrency, US stocks, metals, and commodities, to indices. A more complete schedule of changes can be seen in the following description:
- Forex instruments, Cryptocurrencies, Spot Indices (except Jap225, SP500m, ND100m, WSt30m): Normal trading activity during 28-29 November 2019
- US Stocks: Closes November 28, closed early 20:00 on November 29, 2019
- Precious metals and commodities: early closing November 28-29, 2019
Traders Need to Watch for Decreasing Liquidity
In anticipation of reduced liquidity in the market during the holiday season, FXTM may switch low-liquidity trading instruments to "Close Only" mode or not offer its services. Traders also need to pay attention to changes in spreads that may occur when liquidity is limited.
For your information, the spreads offered by FXTM start from 0 on ECN accounts and 1.5 on Standard accounts. In addition, there are also stock accounts with spreads starting from 0.1. The minimum deposit at FXTM starts from 10 USD on Cent accounts and 25,000 USD on Pro accounts. Both novice and professional traders can choose the most suitable trading conditions for their activities.
Changes in spreads and trading conditions are often carried out by forex brokers who provide services in various instruments, following the holiday schedules of major banks in major countries. The FXTM broker can be contacted via Customer Service on the official page for traders who have questions or further information regarding changing trading conditions.