Kindly note that as of August 1st 2016 the margin requirement for CFDs will be calculated based on margin percentages rather than on a fixed margin.
To help you understand how it will be calculated, please make note of the following:
Old Margin Formula = Lots * Initial Margin
New Margin Formula = Lots * Contract Size * Opening Price * Margin Percentage
Note: clients should ensure that their accounts are sufficiently funded in order to avoid any disturbances from possible margin calls and/or stop-outs in their trading activity.
Below you can view a few examples on how the margin will be calculated in comparison to the old way:
Example 1 Future Energies – Consider a USD account with 10 Buy (or Sell) lots of NGAS
Example 2 Indices Futures – Consider a EUR account with 10 Buy (or Sell) lots of EU50
In the case where your account base currency is not in USD, the calculated margin will automatically be converted to your account base currency at the current market rate.
The new margin requirements for CFDs will be published on the website on 1st August 2016. To view the new margin requirements for CFDs as of 1st August 2016 please click here.
Risk Warning: Forex, Commodities, Options and CFDs (OTC Trading) are leveraged products that carry a substantial risk of loss up to your invested capital and may not be suitable for everyone. Please ensure that you fully understand the risks involved and do not invest money you cannot afford to lose. Please refer to our full Risk Disclosure.