What happens to my open positions?

After market close on your transfer weekend, and prior to the Sunday market open, AvaTrade will update your new account with its current FXCM balance and reopen any supported positions at their original open rates. Therefore, your floating P/L will carry over to the new account and calculate against the respective AvaTrade rates going forward.

Because AvaTrade and FXCM do not use the same lot sizing for all instruments, your positions will be reopened for the equivalent lot size that results in the same profit or loss per pip as your existing position.