FXTM information and reviews
FXTM
95%
OctaFX information and reviews
OctaFX
94%
XM information and reviews
XM
93%
FXCC information and reviews
FXCC
92%
Libertex information and reviews
Libertex
91%
HFM information and reviews
HFM
89%

Changes to margin requirements: BRENT, WTI


14 April 2020

Dear Traders,

The most recent agreement of major oil producing countries (made at the OPEC+ meeting) to cut nearly 10% of total global oil production failed to deliver the anticipated equilibrium to oil markets and to dispel concerns over the global deficit of available storage capacities.

In response to the increased risk of a one-sided market, we will make further changes to our margin rates in BRENT and WTI oil CFDs to ensure they accurately reflect current levels of market volatility and liquidity.

Starting from Monday, April 13th, 2020 we are reducing the maximum available leverage to 1:10 in the following CFDs:

  1. WTI Crude Oil Spot,
  2. Crude Oil West Texas Futures,
  3. Brent Crude Oil Spot,
  4. Brent Crude Oil Futures.

The new reduced leverage of 1:10 will apply to all new positions in the above-mentioned instruments. Previously established positions in these instruments remain unaffected only until your next trading action in these instruments. When we execute a trading order of any type (including stop loss orders, take profit orders, automated trade executions by a Robot/EA and partial closes) in any of the above-mentioned oil CFDs, we will instantly apply the leverage of 1:10 to all your open positions in this instrument.

We encourage all clients who actively trade oil CFDs and wish to keep existing positions open to check whether their accounts are sufficiently funded to weather increased volatility and to prevent the liquidation of open positions (stop out) due to recalculation of margin requirements on the next trading action. Should additional funds be required to support your trading decisions, we provide several near instantaneous payment options in Trader´s Room.

Please also frequently check the details of the affected instruments in the Contracts Specification section on our website because, in stressed market conditions, applicable Swap debits and credits as well as supported trade sizes and trading session times may be subject to significant changes without special notice to you.

We retain the right to introduce further changes to trading terms as may be deemed necessary to ensure better investor protection and orderly trading during highly volatile periods in commodity markets.

Best regards,

Admiral Markets

#source

Share: Tweet this or Share on Facebook


Related

Copy Trading With Vantage: Helping Traders Trade Market Opportunities
Copy Trading With Vantage: Helping Traders Trade Market Opportunities

Ever wondered if there’s more to trading? Social Trading allows any trader to entirely mirror the trades of other seasoned traders in the market with a reputable track record...

1 Dec 2022

OctaFX broker invites everyone on a festive trading journey
OctaFX broker invites everyone on a festive trading journey

This winter, the global Forex broker OctaFX invites every trader on a four-week trading journey aboard its Festive Express. A massive New Year campaign will appeal to all who love lucrative offers. It is the perfect opportunity to start celebrating the coming year...

29 Nov 2022

ActivTrades: Infinitely scalable investing solutions
ActivTrades: Infinitely scalable investing solutions

Innovative and robust investment technology by industry leader for the most demanding institutional partners. We serve a wide range of organisations delivering first-class investment and brokerage solutions...

24 Nov 2022

Join Libertex for a chance to win 500 BTC
Join Libertex for a chance to win 500 BTC

November marks a momentous month for the Libertex Group as the veteran broker gears up to commemorate its 25th anniversary. After surviving and thriving a full quarter century...

24 Nov 2022

AMarkets increases the leverage for cryptocurrency pairs
AMarkets increases the leverage for cryptocurrency pairs

AMarkets has increased the leverage to 1:100 for BTC/USD and BTC/EUR pairs, and to 1:10 for other cryptocurrency pairs. There are now 27 cryptocurrency pairs...

23 Nov 2022

Olymp Trade’s 8th birthday event results
Olymp Trade’s 8th birthday event results

Our celebration for Olymp Trade’s eighth birthday turned out to be one of the most spectacular events of the year. We held a series of online and offline events, all connected by the theme of freedom...

21 Nov 2022


Editors' Picks

FXCM information and reviews
FXCM
87%
ActivTrades information and reviews
ActivTrades
86%
RoboForex information and reviews
RoboForex
85%
MultiBank Group information and reviews
MultiBank Group
84%
FxPro information and reviews
FxPro
83%
Vantage information and reviews
Vantage
83%

© 2006-2022 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.