Forecasts for quotes: predict price changes

Forecasts for quotes: predict price changes

Make correct forecasts for price changes in any asset and earn profits!

Make a forecast

This new service only works in demo mode so you can freely test it!

Minimum value

You don't have to invest much to earn from forecasts. The minimum investment sum for every asset is specified in the Client Profile.

Over 300 assets available

You can forecast price changes in more than 300 assets, including currency pairs, commodities, stock indices, cryptocurrencies, and stocks.

Fixed commissions

The broker charges a commission of 10% for placing and servicing every contract upon closing a contract.

Profit from price growth and falls

With a successful quote forecast, you can make profits in a bull and a bear market. You only need to make the right prediction.

No contract expiration date

A contract will close once the price has covered a predicted number of points. You can also close your contract for quote forecasts by yourself at any time to fix a part of profits. The minimum closing level equates to the minimum contract size level specified in points for a particular asset.

Risk control

You risk only the contract size. The rest of your money is safe and not affected by price fluctuations.

How do contracts for forecasts work?

Step 1

Choose the section Quotes Forecast in the Client Profile.

Step 2

Choose the asset you want to make a forecast for

Step 3

Specify your contract amount

Step 4

Enter a projected rate change in points and place a contract, clicking "Higher" or "Lower"

Step 5

A contract for quote forecasts will close at a profit when the price has reached the level you preset

Step 6

If the price reaches the predetermined level in the opposite direction, a contract will close at a loss.

Make a forecast

Commissions and fees

LiteFinance charges 10% of a contract amount for placing a contract. The commission is charged upon closing a contract.

Available markets

Currency

Commodities

Stocks

Stock indices

Cryptocurrencies

Forecast for Quotes FAQs

How to make a contract for quote forecasts?

Choose a trading asset and enter a contract size. Then, specify the number of points by which the price will grow (the "Higher" button) or fall (the "Lower" button). By clicking "Higher" or "Lower," you open a contract with the preset parameters.

What is the contract amount?

It's an amount that you specify yourself when making a forecast. You will earn or lose this exact amount if your forecast is right or wrong.

What is a price change in points?

Here, you enter your forecast: by how many points will the price of your asset go up or down?

What is the minimum contract size?

It's the minimum price change forecast in points that you can make. Please note that you can close a contract earlier only when the price has covered the number of points that is minimal for a given instrument. If you place a minimum size contract, you won't be able to close it before the price has covered the predicted number of points.

What is a point?

Points measure the price fluctuations of securities and currencies in financial markets. For example, if you deal with a five-decimal quote, one point will indicate a fluctuation by 0.00001. So, a price fluctuation of the EURUSD from 1.07765 to 1.07790 will mean a 25-point rise. And a price fluctuation of the #AAPL stock from 157.45 to 157.35 will mean a 10-point fall.

How can I make profits when placing contracts for quote forecasts?

You will receive a profit if your forecast for quotes is correct. Once the quote has reached your preset level, the contract will close at a profit.

How long will a contract for quote forecasts remain open?

There's no time limit. Contracts close automatically after the price reaches the preset level: at a profit if the direction is correct and at a loss if the price goes in the opposite direction. You can also close your contract yourself once the price has covered the minimum contract size for a given instrument. The minimum contract size is specified in points in the “Info on the instrument" section in the Client area and in the specifications table on this page. If you place a minimum size contract, you won't be able to close it before the price has covered the predicted number of points.

What is the minimum contract amount?

The minimum contract is 10 USD and more. You can check the minimum contract size for a specific asset in the "Info on the instrument" section.

How much can I earn or lose when placing contracts for quote forecasts?

You determine your potential profit or loss in the "Contract size" field. If the asset price goes in the predicted direction and covers the predicted number of points, your forecast will yield the amount set as the contract size. On the contrary, if the price goes in the opposite direction and covers the predicted number of points, the contract will close at a loss equal to the contract size.

How much can I earn or lose when placing contracts for quote forecasts?

You determine your potential profit or loss in the "Contract size" field. If the asset price goes in the predicted direction and covers the predicted number of points, your forecast will yield the amount set as the contract size. On the contrary, if the price goes in the opposite direction and covers the predicted number of points, the contract will close at a loss equal to the contract size.

You can close a contract earlier by clicking on the respective button in your portfolio. The profit/loss will be recomputed based on how many points the price has actually covered before the contract's closure.

Example :
Say you placed a contract for US Crude forecast worth 1000 USD, predicting that the price will fall by 100 points. The price was 68.645 at the moment of placing the contract. Then the price moved down to 68.605, by 40 points, and you decided to close the contract earlier. In that case, your profit will be 400 USD. You can calculate the result (both profit and loss) using the following formula:

contract_size / predicted_number_of_points × actual_number_of_points = 1000 / 100 × 40

The loss on unsuccessful contracts closed before the price has reached the predicted number of points is calculated using the same formula.

How much is charged for placing contracts for quote forecasts?

The broker charges a commission of 10% for placing and servicing every contract upon closing a contract. The commission of 10% is calculated of a contract amount.

Make a forecast

Quotes Forecasts Service Terms

  1. Quotes Forecast Contract definition.
    1. Contract for Quotes Forecast or CQF (from now on "Contract") is a derivative financial instrument based on a CFD contract with preset equal values SL (stop loss) and TP (take profit).
    2. To place a Contract, the Client must specify the following parameters:
      1. Trading asset. A Contract can be concluded for any instrument available in the Client Area's appropriate section;
      2. Number of points by which the instrument's price will change compared to a current price level. It must be indicated in the "Price change in points" field.
      3. Price movement direction, up or down, is preset by clicking on the "Higher" or "Lower" buttons, respectively.
      4. Contract amount: an amount set in an account currency that the Client will earn if they forecast the price movement direction and the price change in points correctly or lose if the price covers the preset number of points in the opposite direction.
    3. The Client agrees that the total amount of Contracts placed cannot exceed 10,000 (ten thousand) USD or an equivalent amount in another currency.
    4. The Client agrees that a Contract cannot specify a price change in points less than the minimum value determined by the LiteFinance for a given asset in the "Price change in points" field.
    5. The Client agrees that the Contract Amount cannot be less than the one determined for the instrument by the Company.
    6. The Client agrees that a Contract placed cannot be modified or canceled.
      1. Early closure of a Contract is only allowed once the price exceeds the Minimum price level determined for a chosen instrument. A closed Contract's result will then be modified based on the real number of points that the price has covered.
    7. The Client receives a profit equal to the Contract amount minus the Company's Commission if the price changes by the number of points set in the field "Price change in points" and in the direction determined by clicking on "Lower" or "Higher."
    8. The Client agrees that the Contract amount will be deducted from their account if the price changes by the number of points set in the field "Price change in points" and in the direction opposite to the one set by clicking on "Lower" or "Higher."
    9. LiteFinance charges a commission of 10% of the Contract Amount regardless of a contract closure result.
    10. LiteFinance reserves the right to change the Commission, the Minimum Contract Amount, the Maximum Contract Amount, and the Minimum Price Change in points with prior notice sent to the Client's registered email address. Such changes will not apply to Contracts already placed.
      1. The Client agrees that a Contract may only be closed earlier if the current price has reached a new value of the Minimum price change in points, if it was revised upwards after the Contract was placed.
    11. The current price of a trading instrument for a Contract is calculated as follows: (Ask price + Bid price) / 2.
    12. A Contract can be placed only by use of a Client's own money. Bonus terms do not apply to an account on which Contracts are placed.
    13. Opening and closing contracts for quote forecasts on currency pairs (Forex) is not available from 00:00:01 to 01:00:00 (accounting time indicated in LiteFinance’s trading terminal. Actual trading hours for every trading asset are indicated in the “Info on the Instrument" section in the Client Area.
    14. Contracts for trading instruments traded during a session and not closed before the end of a session and Contracts not closed before the end of Friday's trading session will be carried over to the next trading session or the next week.
    15. Should the SL (stop loss) or TP (take profit) values get into a price gap, a Contract will be executed at a price determined in the Contract.
    16. Swaps are not applied when a Contract is carried over to the next business day (including from Friday to Monday).
    17. These terms will be accepted by the Client from the moment the Client starts using the Quotes Forecast Service.
    18. LiteFinance has the right to change the Quotes Forecast Service terms at any time after sending email notice to the Client and/or publishing notice on the Company’s website.
    19. LiteFinance has the right to discontinue this Service at any time at its sole discretion.
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