TeleTrade - News

    TeleTrade

    723.50 6.50/10
    57% of positive reviews
    Real

    Introduction of Floating Margin Requirements

    Dear Clients,

    As of Feb 26, 2018, the Company will introduce floating margin requirements for positions in Forex, Metals, Energies and Indices.

    Floating margin requirements will apply since Feb 26, to all accounts with the Company, all types of clients, and all positions (new and existing) .

    The effect of the floating margin is that the Company will be applying different margin levels for different levels of exposure in Client accounts.

    Floating margin grid is will be as follows:

    Forex Pairs

    USD Exposure

    Max Leverage Applied

    Margin Level

    0 - 1,000,0000

    1:500

    0.20%

    1,000,000 - 2,000,000

    1:200

    0.50%

    2,000,000 - 4,000,000

    1:100

    1.00%

    4,000,000 - 10,000,000

    1:50

    2.00%

    Over 10 mil.

    1:25

    4.00%

    Metals

    USD Exposure

    Max Leverage Applied

    Margin Level

    0 - 5,000,000

    1:100

    1.00%

    5,000,000 - 10,000,000

    1:50

    2.00%

    Over 10 mil.

    1:25

    4.00%

    Energies (UKBrent, USCrude)

    USD Exposure

    Max Leverage Applied

    Margin Level

    0 - 1,000,000

    1:100

    1.00%

    1,000,000 - 5,000,000

    1:500

    2.00%

    5,000,000 - 10,000,000

    1:25

    4.00%

    Over 10 mil.

    1:10

    10.00%

    Indices

    USD Exposure

    Max Leverage Applied

    Margin Level

    0 - 1,000,000

    1:100

    1.00%

    1,000,000 - 2,00,000

    1:50

    2.00%

    2,000,000 - 5,000,000

    1:25

    4.00%

    Over 5 mil.

    1:10

    10.00%

    E.g., for an account with 1:500 leverage, the Client will be able to have an exposure to Forex instruments of up to US$ 1 mln with the margin of 0.2%, after which the next US$ 1 million of exposure will require margin of 0.5%, further US$ 2 mln increase of positions will require margin of 1%, and so on. Please note that the recalculations of margin takes place separately for each group of instruments. I.e. increased margin requirements for Forex instruments, in case of large exposures in such, will not impact margin requirements for positions in Indices, Oil and Metals.

    Please note that Client Agreement and Terms and Conditions of the Account have been already updated on the Company's web-site, and the present communication is to be considered a legal notice pursuant to clause 16. Margin Requirements and clause 24. Amendment of TeleTrade Client Agreement.

    Сontinued use of our services from February, 26, 2018 and onwards will be construed as Client's acceptance to the present amendments.

    Should you have any questions and inquiries with regards to the above, please address those at support@teletrade.eu

    Sincerely,

    TeleTrade



    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree