What markets are available to trade as Knockouts?

Knockouts are available across a range of major FX, indices and commodities markets. You can view the full range of available markets in our knockouts market information or in our trading platform.

How do I determine the price of a Knockout?

The price of a Knockout at any given time is the distance between the price of the underlying market and the knockout level. This means that they move in lockstep. For example, if the underlying price moves up one point, the price of the Knockout will move exactly the same amount. Once a Knockout trade is opened, the Knockout price mirrors the price of the underlying asset. For an UP KO trade: FOREX.com underlying ‘Ask’ price - Knockout Level For a DOWN KO trade: Knockout Level – FOREX.com underlying ‘Bid’ price

How long can I keep my position open?

You can keep your Knockout position open until expiry – unless the Knockout Level is reached, at which point your position will automatically close at 0 or until closing orders are triggered.

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Knockouts

An innovative and simple way to trade major FX, indices and commodities markets, Knockouts have a range of unique benefits including flexible margin, limited risk and guaranteed protection from slippage.

Open account

Higher leverage*

You determine the margin requirement and maximum risk taken, by choosing the Knockout Level and trade size.

Limited risk

Setting the Knockout Level upfront means your maximum risk is fixed, with potential gains remaining unlimited.

Zero slippage

Should the underlying market reach your Knockout Level, it is guaranteed to close at that price – irrespective of any gapping or slippage.

*When compared to the equivalent CFD market

What are Knockouts?

Knockouts are limited-risk trades with a unique feature – their price moves one-for-one with the underlying FOREX.com price. If the market moves against you and the price reaches the Knockout Level, your trade is guaranteed to close (or be ‘knocked out’) at that price – even during highly volatile markets when slippage can occur.

Enjoy greater flexibility and control

By setting your Knockout Level and trade size, you have complete control over your margin requirement and maximum risk for each trade. Trade with confidence knowing that your potential gains are unlimited, but losses will never exceed initial margin.

An exciting world of opportunity

You can trade Knockouts across a range of popular FX pairs, global indices and commodities. Take advantage of both rising and falling markets by trading “UP” (if your view is bullish and you think the underlying price will rise) or “DOWN” (you have a bearish view and you believe the underlying price will fall).

Knockout option on mobile with SG as most popular

Why trade Knockouts?

Flexible margin

Decide your margin and risk by choosing your Knockout level and trade size.

Limited risk

Trade confidently with fixed maximum risk and limitless potential gains.

Guaranteed closeout price

Guaranteed to automatically close if the market price hits your chosen Knockout level, with no slippage.

Transparency

No complicated or hidden transaction fees ensure a simpler trading process.

Opportunities

Trade on falling markets (DOWN KO) as well as rising markets (UP KO).

Licensed broker

Trade with a reputable, fully-licensed and regulated Singaporean broker.