de | cn | ru
Forex

Brokers News

FXTM changes margin requirements for gold and silver


Leading EU broker FXTM informed its clients on Thursday that it will change its Margin Requirements for Spot Metals on all servers except Pro, as of August 10, 2016.  In fact, the margin requirements for these products are hiked significantly.


If previously clients of FXTM were able to utilize leverage up to 1:500 for trades in spot metals with nominal value of $2,5 million, after the new requirements apply, they would only be allowed to use leverage up to 1:50, since they would fall within the fourth category (of trades with notional value from $1 000 000 to $4 000 000).


Here are the new margin requirements applicable to spot metals, the previous ones being indicated in brackets:

 

Leverage Offered 

 

Floating Margin, %

 

0 - 400 000
(0 - 2 500 000)

 

1:500 0.2

400 000 - 700 000
(2 500 000 - 5 000 000)

 

1:200

 

0.5

700 000.00 - 1 000 000
(5 000 000 - 10 000 000)

 

1:100

 

1

1 000 000 - 4 000 000
(10 000 000 - 15 000 000)

 

1:50

 

2

More than 4 000 000
(More than 15 000 000)

 

1:25

 

4

 


 

According to the announcement on its website, FXTM the new requirements will be applied in case of any activity on the trading account (opened, closed or modified positions).


FXTM is famous for providing high leverage levels – up to 1:1000 for currency pairs on most account types. The new margin requirements to spot metals, however, do not apply to Pro accounts, as the maximum leverage there is capped to 1:200.


ForexTime (FXTM) is a global and award-winning broker with clients from over 180 countries. It offers a wide array of almost everything: tradable products, trading accounts & platforms, payment methods, execution types, etc.


FXTM is regulated by the Cyprus Commodities and Exchange Commission (CySEC) and has established itself as a globally trusted forex broker in the Asian, Middle Eastern and European markets. Earlier this week it announced it has acquired a forex license from South Africa’s FSB.

 

TAGS: fxtm  gold  silver  leverage  margin 

More news about FXTM

Forex
Broker Country Regulation Platform Min Deposit Review
Cyprus CySec MT4, MT5, Web $5 Review Website
Cyprus, Australia CySec, ASIC MT4, Web $100 Review Website
UK, Cyprus, Hong Kong FCA, CySEC, SFC MT4, Web,
PrimeTrader
$100 Review Website
UK, Cyprus FCA, CySec MT4, MT5 $5 Review Website
UK, Australia FCA, ASIC MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Australia, Singapore FCA, ASIC, MAS, BaFin MT4, Web,
ProRealTime,
2Dealer
$0 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus CySec MT4, Web, Gwasy $100 Review Website
Belize IFSC MT4, MT5, Web $1 Review Website
Cyprus CySEC in-house mobile
app
$50 Review Website
Seychelles FinaCom MT4 $10 Review Website

More Forex Brokers News

FxPro hikes margin requirements ahead of Japanese elections

Oct 18 2017 08:25:06

 FxPro, a well-established European forex and CFD broker, announced it is temporarily hiking the margin requirements on some instruments ahead of the Japanese general elections on October 22. The outcome of the vote may affect the financial markets and the available liquidity. Read more

Alpari terminates offering of CryptA Capital cryptocurrency portfolio

Oct 18 2017 07:28:58

 Alpari, one of the larger international forex and binary options brokers, mostly active in Russia, announced it terminates the offering of the CryptA Capital cryptocurrency investment portfolio. Read more

FxOpen expands platform offering with MetaTrader 5

Oct 17 2017 09:09:15

 FXOpen, an ASIC and FCA-regulated forex and CFD broker announced it is adding the increasingly popular trading platform MetaTrader 5 to its offering. It provides access to ECN trading and interbank liquidity. Read more

Forex

Grand Capital launches Serenity Financial - blockchain-based arbitration forex platform

Oct 16 2017 07:40:20

 Forex, CFD and binary options broker Grand Capital  announced it has launched Serenity Financial – a blockchain-based secure forex marketplace for traders and brokers. Read more

Saxo Bank adds Ethereum tracker ETNs

Oct 12 2017 15:27:58

Saxo Bank, a major Danish financial services provider and forex broker, announced it is adding Ethereum Exchange Traded Notes (ETNs) to its asset list.   The new instruments are in addition to the Bitcoin tracker ETNs earlier and are all listed on Nasdaq OMX Stockholm. Read more

CySEC withdraws suspension of OptionRally's license

Oct 12 2017 12:13:20

 The Cyprus Securities and Exchange Commission (CySEC) has announced its October 2 board decision to withdraw the suspension of the license of the binary option broker OptionRally. Read more

FxPro gets Dubai license, to open office there – media

Oct 11 2017 10:25:02

FxPro, a well-established European forex and CFD broker, has obtained a license from the Dubai Financial Services Authority (DFSA) and will open an office in Dubai shortly, reports LeapRate. Read more

CMC Markets opens office in Shanghai – media

Oct 11 2017 08:46:29

CMC Markets, a major global forex and CFD broker, has opened an office in Shanghai, reports the site Finance Magnates. The broker already has an office in the capital Beijing, supported by the team in Australia.   The new office will help CMC Market expand and strengthen its presence in China. Read more

Harborx to showcase its in-house trading app at FinovateAsia 2017

Oct 10 2017 12:03:25

CySEC-regulated forex broker Harborx is among the selected presenters at FinovateAsia 2017, one of Asia’s premier fintech events to be held on November, 7-8 in Hong Kong. Read more

Tickmill jumps the Bitcoin bandwagon

Oct 10 2017 10:25:33

Hardly a day goes by, without a forex broker joining the Bitcoin mania and starting to instruments involving digital currencies. Today’s news is about the global NDD brokerage Tickmill, which announced it is adding the most popular cryptocurrency, Bitcoin, to its trading instrument list. Read more

Forex
de | cn | ru