Please be aware that following margin increases from our liquidity providers and, in light of recent volatility in the oil markets, our company will change margin requirements for CL Oil, USOUSD and UKOUSD.
Following the changes, the margin will effectively be *4 for these products. The maximum leverage on oil products are now 25:1.
For example:
Margin changes will be effective from 22:00 24th April (MT4 Server time)
Recent market conditions have been extremely volatile, and we continue to observe wide spreads, price gaps and periods of thin liquidity.
We would like to advise caution during this period of continued volatility. Please also be advised that swaps on cash oil products remain high due to daily fair value adjustment. To protect our clients, we may switch oil products to ‘close only’ should sharp drop in oil prices cause disruption to our pricing mechanism.
We recommend that you monitor positions carefully and maintain a sufficient account surplus throughout this period.
If you have any questions, our team will be happy to answer your questions.Please mail to [email protected] or contact the service online.
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