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Company News

ProbusFX adopts new identity and rebrands as SquaredDirect

We would like to announce that we have now changed our trade name from ProbusFX to SquaredDirect. Additionally, our Legal company name has now been changed from Aspide Financial Limited to Squared Financial (CY) Limited. This comes as part of our company’s restructuring and pairing up with our sister company, SquaredPro, to form the Squared Financial Group of companies. By rebranding ourselves as SquaredDirect and belonging under the same group with our sister company Squared Financial Services Limited, now trading as SquaredPro, we are now able to provide our customers with the best selection of financial services available in the financial ...

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Notification: End of Daylight Saving Time

We would like to inform you that UK and European Daylight Saving Time will end on Sunday 28th October. As a result, the time difference between the UK and the US will be reduced from 5 hours to 4 hours. US Daylight Saving Time will end on Sunday 4th November, at which point the time difference reverts to 5 hours again. Between Sunday 28th October and Sunday 4th November all Spot FX, Metals and Oil, as well as all US-based CFDs will open and close one hour earlier. RISK WARNING: CFDs are complex instruments and come with a high risk of losing money ...

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Windows 10 Updates and Your MetaTrader Passwords

On October 2nd 2018, Microsoft officially released a major update for their operating system Windows 10 October 2018 Update (version 1809). This update affects configurations and encryption keys similar to a new installation of Windows Operating System. We have been informed by MetaQuotes that with the new Windows 10 update, all passwords for trading accounts stored on the computer may not work. We highly recommend that you prepare for the new Windows update by saving your passwords in a secure location to be able to use the platform after the update. If you login to your MT4 platform with the password saved ...

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German Bank Holiday 3rd October Trading Hours

We would like to inform you that due to the upcoming German Bank Holiday on the 3rd of October 2018, our trading schedule will be changed. Please see the following schedule changes below: DAX 30 Index - Closed GER30Cash  - Closed RISK WARNING: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 42.60 % of our retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclaimer.

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Reach ProbusFX Customer Support via Facebook

A step towards more efficient Customer Support communication through social media After considering the fact that many of our clients are active on social media, we would like to announce that it is now possible to reach our Customer Support Team directly through our Facebook page. Customer Support through Facebook is available 24/5 and provides an alternative method for our social media friendly customers to communicate with us. Our Facebook Page is daily updated with the latest market news, important upcoming economic events, urgent announcements and trading related resources and material. Visit the ProbusFX Facebook Page and click the ‘Like Page’ button to ...

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Raising Leukaemia Awareness – No one Fights Alone

ProbusFX supports Karaiskakio Foundation’s #GoOrange Campaign for raising Leukaemia awareness This September is dedicated to raising awareness on Leukaemia and other haematological diseases.  ProbusFX wholeheartedly supports Karaiskakio Foundation’s #GoOrange Leukaemia awareness campaign, that will culminate in the 4th Stay Strong Civilian March taking place on the 23rd of September, from 18:00-22:00 in Limassol. Let us all show our active support to ensure that indeed “No one has to fight alone.” No one Fights Alone    

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3rd of September Labor Day – Trading Schedule

We would like to inform you that due to the upcoming US Labor Day on the 3rd of September, our trading schedule will be changed. Please refer to the following table for the schedule of all instruments (all times GMT). Instrument Sunday 02/09/2018 Monday 03/09/2018 Tuesday 04/09/2018 FX Normal Hours Normal Hours Normal Hours Spot Metals XAUUSD Normal Hours Early Close at 16:45 GMT - Re-opens at 22:00 GMT Normal Hours XAGUSD Normal Hours Early Close at 16:45 GMT - Re-opens at 22:00 GMT Normal Hours XPTUSD Normal Hours Early Close at 16:45 GMT - Re-opens at 22:00 GMT Normal Hours CFD on Indices US30CASH, US500CASH, US100CASH Normal Hours Early Close at 17:00 GMT – Re-open at 22:00 GMT Normal Hours UK100CASH, GER30CASH, EU50CASH, FRA40CASH Normal Hours Normal Hours Normal Hours Spot Energies XTIUSD Normal ...

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New Portal Feature: Subscriptions

ProbusFX announces ‘Subscriptions’, a new Client Portal feature through which clients can now individually select which types of email notifications they prefer to receive and disable the ones they are not interested in. Currently, under ‘My Profile - Subscriptions’ there are the following email categories: Company News – For staying updated with what’s new and happening at ProbusFx Account Updates – For never missing important changes and notifications about Trading Conditions Market News – For receiving weekly emails on major market events and news that can influence market movement. Traders Reading Updates – For receiving a weekly wrap-up of educational material ...

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27th of August UK Bank Holiday – Trading Schedule

We would like to inform you that due to the upcoming UK Bank Holiday on the 27th of August, our trading schedule will be changed. Instrument Monday 27th August UK100 CFD Index Closed RISK WARNING: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 42.60 % of our retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclaimer.

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New Leverage changes – ESMA Regulation

As an EU Regulated Investment firm, in compliance to the new European Securities and Markets Authority ("ESMA") decision on CFDs, ProbusFX is required to proceed with the following changes regarding Leverage, starting from 1st of August 2018. Leverage Limits - Retail clients: 30:1 for major currency pairs 20:1 for non-major currency pairs, gold and major indices 10:1 for commodities other than gold and non-major indices 5:1 for individual equities and other reference values 2:1 for cryptocurrencies For more information read our updated Leverage Policy on our website. RISK WARNING: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 42.60 ...

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CFDs and FX are leveraged products which carry a high level of risk which can result in the loss of all capital invested.
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