Europe based brokerage Admiral Markets just announced that from 9 January 2017, they will be providing new margining terms on Admiral.Markets and Admiral.Prime accounts.
The provided leverage will no longer depend on account’s balance and will be determined only by position’s notional value in account’s currency.
Additionally, positions opened within an hour before the trading session close on Fridays will be provided with the leverage of 1:50.
Some of the benefits of the new terms include:
- Enhanced protection against negative balances due to a leverage rate of 1:50 which will be applied to positions opened during the pre-close hours on Fridays, with the intention to minimise the potential impact of weekend price gaps.
- Increased accessibility of most popular CFDs for clients with smaller deposits due to a leverage rate of 1:500 that will be available for [DAX30], [FTSE100], [DJI30], [NQ100], [SP500], [ASX200], GOLD, SILVER, WTI and BRENT.
- More trading opportunities for one of the major currency pairs – USDCHF – and other currency pairs with the Swiss franc, which will no longer be an exception from general FX terms and will get the leverage up to 1:500.