Australian Forex and CFD broker ThinkForex, which earlier this year obtained a UK license, is planning some changes to the leverage for CFD futures.
The leverage ratio for CFD Futures positions is changing following rollover 00:00 GMT+3 on 23 September 2015. The maximum leverage for all CFD futures (Indices and Energy contracts) will change to 25:1. This compares with a current level of 100:1.
The new leverage requirements will be in effect for all new and existing positions with CFD Futures. The company notes that cash CFD positions will be unaffected.
To view the announcement on the trading conditions changes, click here.