Margin requirements
Maximum leverage for all accounts is 100:1 or 1% of the opening position.
Maximum leverage for accounts with deposit more than $25.000 is 50:1 or 2% of the opening position.
In order to avoid any client liabilities towards the company, the company can close one or several client’s positions if there are losses over them. Closing is performed if margin level is reached i.e. balance relation counting opened positions to the sum of margin is 10%. In this case the first position to close will be the most unprofitable. This situation is called “short margin”.
For weekends and holidays margin requirements may be increased twice with prior notification. This means that leverage 100:1 or requirement margin of 1% will become 50:1 or requirement margin 2%. The client must get his opened position according to the increased margin demands by the end of trading. If the client fails to do so, the company has a right, but not responsibility, to reduce the client’s position according to the prices that set at the end of the trades. In this case the company will choose which of the client’s positions will be reduced or closed.
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