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Do you offer a free Rollover Service?
Most of the instruments we offer that are based on a futures contracts, have a rollover date. You can find this information by clicking on the "Details" link on the main trading platform screen next to each instrument.
Whenever a futures contract reaches its automatic rollover date as defined for the instrument, all open positions and orders are automatically rolled over to the next futures contract by Plus500, free of charge.
In order to nullify the impact on the valuation of the open position, given the change in the underlying instrument’s rate (price) for the new contract period, a compensating adjustment is made to allow you to keep your positions open without affecting your Equity level. Stop Orders and Limit Orders are also adjusted proportionally to reflect the rate of the new contract. The value of your position continues to reflect the impact of market movement based on your original opening level.
For more information about how rollover adjustments are calculated, please read: ”What is a Rollover Adjustment?"
If the futures contract is not subjected to rollover, the position will close upon the expiry date set for the instrument, also available via the “Details” link. For more information about expiry of positions, please read: “What is an expiry date of an instrument?”See video here.
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