Margin Requirement Changes for CL Oil
April 30, 2020
We are pleased to
advise that from 4th May 2020 we will reduce margin requirements for
CL Oil to 5%
This
will effectively be half the current margin rate.
The
below table is an example of how the margin calculation will apply following
the change;
Example:
Product
|
Current Margin
|
New Margin
|
CL OIL
|
USD10000
|
USD5000
|
Margin changes will be effective from 00:00am 4th of May (MT4 Server time GMT+3). All other conditions and products remain unchanged.
Recently,
the financial markets have been extremely volatile, and we continue to observe
wide spreads, price gaps and periods of thin liquidity.
We
continue to advise caution during this period of volatility, and recommend that
you always monitor positions carefully and maintain a sufficient account surplus.
If you have any questions or require
further clarity surrounding this Oil margin adjustment, do not hesitate to
contact your Account Manager or email [email protected].