If you've noticed that some trading instruments come with an expiration date, it’s completely normal. This usually applies to CFDs based on futures contracts. Let me explain how it works and what you need to know.
What is a CFD and why does it expire?
A CFD (Contract for Difference) by itself doesn’t have a fixed expiration date.
However, many CFDs are based on underlying futures contracts, and those contracts do have a limited lifespan.
The expiration date marks the last day you can trade that specific futures contract in the market.
After this date, all open trades on that contract are closed or adjusted automatically.
Where can you find the expiration date?
You can easily check each contracts expiration date:
📄 In the CFD Specifications section available on the platforms website or directly in the trading terminal.
How does this affect pricing?
Forex Club bases its CFD prices on the most liquid futures contracts, which are usually those closest to expiration.
When trading ends for the current futures contract, the CFD price feed is automatically switched to the next available contract.
This transition typically happens:
On the last working Friday before the futures contract expires.
What should you keep in mind as a trader?
There may be slight price differences during the rollover to the new contract
Always keep an eye on the expiration date of the instruments you're trading
Plan your strategy in advance to avoid any surprises near expiration