Dear Client,
We’re writing to inform you that we are making some changes to our margins. These changes come into effect on Sunday, 19th March 2017 until further notice.
This means that the following markets have been affected and the wording from the comments of the margin table stand as follows:
- Wording of comment no.4 was changed, by removing EURCZK and USDCZK,
Wording after amendments:
Margin collected at opening transactions referred to the following instruments: W20, SILVER, XAGUSD, PLATINUM, COPPER, ALUMINUM ZINC, NICKEL,OIL, OIL.WTI, NATGAS, CORN, SOYBEAN, WHEAT, SUGAR, COTTON, COFFEE, EMISS, COCOA, SPA35, POR20, USDBRL.
- Addition of comment no.11 will reflect the changes on the instruments removed from comment no.4. Wording after addition:
11. Margin collected at opening transaction in following financial instruments: EURCZK, USDCZK, for given balance level is expressed as % of the nominal value of opened positions:
- for Cash Accounts in EUR:
0 - 9 999,99 – 5%*
10 000 - 199 999,99 – 10%*
200 000 - 499 999,99 – 20%
500 000 - 999 999,99 – 30%
1 000 000 - 1 749 999,99 – 50%
1 750 000 - 2 999 999,9 – 100%
3 000 000 and above – 100%
- for Cash Accounts in USD:
0 - 10 999,99 – 5%*
11 000 - 209 999,99 – 10%*
210 000 - 524 999,99 – 20%
525 000 - 1 099 999,99 – 30%
1 100 000 - 1 899 999,99 – 50%
1 900 000 - 3 199 999,99 – 100%
3 200 000 and above – 100%
- for Cash Accounts in GBP:
0 - 8 499,99 – 5%*
8 500 - 169 999,99 – 10%*
170 000 - 429 999,99 – 20%
430 000 - 849 999,99 – 30%
850 000 - 1 499 999,99 – 50%
1 500 000 - 2 599 999,99 – 100%
2 600 000 and above – 100%
- for Cash Accounts in HUF:
0 - 3 099 999,99 – 5%* / 6,67%**
3 100 000 - 61 999 999,99 – 10%*
62 000 000 - 154 999 999,99 – 20%
155 000 000 - 309 999 999,99 – 30%
310 000 000 - 549 999 999,99 – 50%
550 000 000 - 929 999 999,99 – 100%
930 000 000 and above – 100%
- Addition of comment no.12 will reflect the changes on the instruments removed from comment no.4. Wording after addition:
12. Leverage value for transactions referred to financial instruments: EURCZK, USDCZK, for given balance level:
- for Cash Accounts in EUR:
0 - 9 999,99 – 1:20*
10 000 - 199 999,99 – 1:10*
200 000 - 499 999,99 – 1:5
500 000 - 999 999,99 – 1:3,3
1 000 000 - 1 749 999,99 – 1:2
1 750 000 - 2 999 999,9 – 1:1
3 000 000 and above – 1:1
- for Cash Accounts in USD:
0 - 10 999,99 – 1:20*
11 000 - 209 999,99 – 1:10*
210 000 - 524 999,99 – 1:5
525 000 - 1 099 999,99 – 1:3,3
1 100 000 - 1 899 999,99 – 1:2
1 900 000 - 3 199 999,99 – 1:1
3 200 000 and above – 1:1
- for Cash Accounts in GBP:
0 - 8 499,99 – 1:20*
8 500 - 169 999,99 – 1:10*
170 000 - 429 999,99 – 1:5
430 000 - 849 999,99 – 1:3,3
850 000 - 1 499 999,99 – 1:2
1 500 000 - 2 599 999,99 – 1:1
2 600 000 and above – 1:1
- for Cash Accounts in HUF:
0 - 3 099 999,99 – 1:20*
3 100 000 - 61 999 999,99 – 1:10*
62 000 000 - 154 999 999,99 – 1:5
155 000 000 - 309 999 999,99 – 1:3,3
310 000 000 - 549 999 999,99 – 1:2
550 000 000 - 929 999 999,99 – 1:1
930 000 000 and above – 1:1
The comments mentioned above will be updated in our margin table, which can be found here.
Please be aware if you are trading on our MT4 platform and have open positions in any of the above instruments, margin will be recalculated from your account to cover the increase in margin.
If you have any questions about these changes, please don’t hesitate to get in touch with our customer support team at ukservice@xtb.co.uk or call us on +44 20 3695 3085.
Kind regards,
The XTB UK team