Common use of Leverage change Clause in Contracts

Leverage change. 3.7.1. For the Company’s Client leverage change is possible only once in 24 hours. For security reasons of trade operations performed by the Client, it is impossible to change leverage if the account is in the trade mode (there are open orders). 3.7.2. The Company is entitled to change leverage on the Client account any time without prior notification, based on the leverage limit depending on the sum of equity according to Table 1 and with prior notification according to P. 7.3. 3.7.3. The Company is entitled to apply P. 3.7.2. to already opened positions as well as to reopened positions. 1:3000 $200 (US dollars) €200 (euro) 1:2000 $2000 (US dollars) €2000 (euro) 1:1000 $5000 (US dollars) 5000 € (euro) 1:500 $30000 (US dollars) 30000 € (euro) 1:200 $150000 (US dollars) 150000 € (euro) 1:100 No limitations No limitations 1:50 No limitations No limitations 3.7.4. In order to minimize Client's risks at the time of market opening on Monday, in case a Client kept open orders during the weekend, the Company reserves the right to lower the leverage and change margin requirements several- fold.

Appears in 3 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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Leverage change. 3.7.1. For the Company’s Client leverage change is possible only once in 24 hours. For security reasons of trade operations performed by the Client, it is impossible to change leverage if the account is in the trade mode (there are open orders). 3.7.2. The Company is entitled to change leverage on the Client account any time without prior notification, based on the leverage limit depending on the sum of equity according to Table 1 and with prior notification according to P. 7.3. 3.7.3. The Company is entitled to apply P. 3.7.2. to already opened positions as well as to reopened positions. 1:3000 $200 (US dollars) €200 (euro) 1:2000 $2000 (US dollars) €2000 (euro) 1:1000 $5000 (US dollars) 5000 € (euro) 1:500 $30000 (US dollars) 30000 € (euro) 1:200 $150000 (US dollars) 150000 € (euro) 1:100 No limitations No limitations 1:50 No limitations No limitations 3.7.4. In order to minimize Client's risks at the time of market opening on Monday, in case a Client kept open orders during the weekend, the Company reserves the right to lower the leverage and change margin requirements several- fold. 3.7.5. Maximum leverage for gold trading at any trading account is set at 1:400, for other metals maximum leverage is 1:100.

Appears in 1 contract

Samples: Customer Agreement

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