Alpari: Changes to Margin Requirements for FX Special Trading Instruments
Alpari announcement:
Due to the current economic situation in Greece and the approaching referendum regarding state debt in the country, a growth in volatility on currency pairs which involve the euro is expected. As a consequence, from 6th July, 2015, the marginal requirements for instruments which are part of the FX Special group will undergo the following changes:
|
standard.mt4 and ecn.mt4 Accounts
|
|||||
|---|---|---|---|---|---|
|
Notional Value, USD
|
Notional Value, EUR
|
Notional Value, RUR
|
Notional Value, GLD
|
Leverage Applied
|
Floating Margin
|
|
0–1,000,000
|
0–850,000
|
0–55,000,000
|
0–800,000
|
1:1000
|
0.1%
|
|
1,000,000–
5,000,000 |
850,000–
4,500,000 |
55,000,000–
275,000,000 |
800,000–
4,000,000 |
1:100
|
1%
|
|
Over
5,000,000 |
Over
4,500,000 |
Over
275,000,000 |
Over
4,000,000 |
1:25
|
4%
|
|
pro.mt4 and pamm.mt4 Accounts
|
|||||
|---|---|---|---|---|---|
|
Notional Value, USD
|
Notional Value, EUR
|
Notional Value, RUR
|
Notional Value, GLD
|
Leverage Applied
|
Floating Margin
|
|
0–1,000,000
|
0–850,000
|
0–55,000,000
|
0–800,000
|
1:500
|
0.2%
|
|
1,000,000–
5,000,000 |
850,000–
4,500,000 |
55,000,000–
275,000,000 |
800,000–
4,000,000 |
1:100
|
1%
|
|
Over
5,000,000 |
Over
4,500,000 |
Over
275,000,000 |
Over
4,000,000 |
1:25
|
4%
|
The company note that the new conditions will come into effect at the opening of the trading week and will affect newly opened and already opened positions.
Alpari urges traders to make timely changes to the size of open positions and reconfigure Expert Advisors where necessary.
Source: Alpari
