MARGIN AND LEVERAGE. 4.1 By trading in forex with us you will be required to provide a certain amount of margin and we will then leverage that margin. This exposes you to a high degree of risk. Leverage is the amount, expressed as a multiple, by which the notional amount traded exceeds the margin required to trade.
4.2 We will advise you of the amount of margin and the amount of leverage that we will require on a Transaction by Transaction basis. If the price of the currency pair moves against your interests you may be called upon to deposit additional margin at short notice and we may close out your position without notice if we do not receive the additional margin from you.
MARGIN AND LEVERAGE. Before you are allowed to enter into a Trade, you will be required to deposit money with us. This is referred to as Margin. There are two types of Margin: Initial Margin the minimum amount of money required in your Account in order to open a Trade, as specified on the Platform (or as otherwise notified by us to you) from time to time for each specific Product. Maintenance Margin the minimum amount of money required in your Account as specified on the Platform from time to time (or as otherwise notified by us to you) in order to keep a Trade open on the Platform.
MARGIN AND LEVERAGE. For margin calculation purposes, the Required Margin for the Account will be 5% or as otherwise agreed with you.
MARGIN AND LEVERAGE. Maintenance of Margin: The Client will fund and maintain, via Advance Payments, the initial and/or Hedged Margin in the amount determined by AX Financials in accordance with the terms of the Client’s account type. These sums shall be in the form of cleared funds to be transferred to AX Financials ’ electronic currency or bank accounts. The Client warrants that all payments to AX Financials under this Agreement are in cleared funds and will not be reversed. Accounts: AX Financials will hold the Client’s funds in trust in the Client Accounts. The Client authorises AX Financials to transfer an equivalent amount of money to the Account where, at AX Financials ’ discretion, AX Financials considers that the amount of money the Client has transferred to the Client Account exceeds the amount necessary to meet the Client’s present and future obligations under this Agreement. Opening Payment: The Client will pay initial and/or Hedged Margin upon opening a position. The amount of initial and Hedged Margin for each Instrument is detailed in the Contract Specifications. Margin Requirements: AX Financials reserves the right to change the leverage or Necessary Margin requirements of a Trading Account at any time. Closure of Open Positions: AX Financials reserves the right, but is not obliged, to close the Client’s Open Positions without consent or prior notice if Equity falls below %100 of the Necessary Margin. This is known as Margin Stop-Out and is intended (without any obligation or liability of AX Financials in this respect) to protect the Client from the risk of negative Balance.
MARGIN AND LEVERAGE. 7.1 The Client shall fund and maintain, via advance payments, the initial and/or hedged margin in the amount determined by the Company in accordance with the terms of the Client's account type. These sums shall be in the form of cleared funds to be transferred to the Company's electronic currency or bank accounts.
7.2 The Company shall hold the Client's funds in trust in its bank accounts. Any money received by the Company for the Client's account shall be owed by the Company to the Client even where the Company may be acting as agent. The Client shall not have proprietary claim over the funds transferred to the Company; the Company may deal with the funds at its own discretion. The Company shall transfer an equivalent amount of money back to the Client where, at the Company's discretion, it considers that the amount of money the Client has transferred to the Company exceeds the amount necessary to cover the Client's present and future obligations to the Company.
7.3 The Client shall pay initial and/or hedged margin upon opening a position. The amount of initial and hedged margin for each instrument is detailed in the contract specifications.
7.4 The Company reserves the right to change the Leverage or Margin Requirements of a Trading Account at any time.
7.5 The Company reserves the right, but is not obliged, to close the Client's open positions without consent or prior written notification if the account Equity falls below 100% of the Necessary Margin. This is known as a Margin Stop-Out and is intended to protect the Client from the risk of a negative balance within all reasonable efforts.
7.6 The order in which the open positions will be closed in a Margin Stop-Out shall be at the sole discretion of the Company.
7.7 By applying for an account with the Company, the Client acknowledges and agrees that he/she/it understands and is fully aware of the risks involved in trading over-the-counter foreign exchange contracts, CFD contracts, and similar financial products.
7.7.1 The Client understands and accepts the risks associated with the effect of "leverage" or "gearing" in any account in which instruments are traded on margin.
7.7.1.1 When executing trading operations under margin trading conditions, even small market movements may have great impact a Client’s trading account due to the effect of leverage. The Client must consider that if the market trends against an open position in the Client's Account, the Client may sustain a total loss of the initial ma...
MARGIN AND LEVERAGE. 4.1 By trading in CFD's with us you will be required to provide a certain amount of margin and we will then leverage that margin. This exposes you to a high degree of risk. Leverage is the amount, expressed as a multiple, by which the notional amount traded exceeds the margin required to trade.
4.2 We will advise you of the amount of margin and the amount of leverage that we will require on a Transaction by Transaction basis. If the price of the currency pair moves against your interests you may be called upon to deposit additional margin at short notice and we may close out your position without notice if we do not receive the additional margin from you.
MARGIN AND LEVERAGE. By trading in CFD's with us you will be required to provide a certain amount of margin and we will then leverage that margin. This exposes you to a high degree of risk. Leverage is the amount, expressed as a multiple, by which the notional amount traded exceeds the margin required to trade.
MARGIN AND LEVERAGE. Following the formal adoption of measures on CFDs by The European Securities and Markets Authority (ESMA), all retail clients that demonstrate the appropriate knowledge and experience during the registration process shall have the following maximum leverage settings on their account:
30:1 for major currency pairs;
20:1 for non-major currency pairs, gold and major indices;
• 10:1 for commodities other than gold and non-major equity indices;
• 5:1 for individual equities and other reference values;
• 2:1 for cryptocurrencies; The Company satisfies the Margin-Close Protection requirement as the one adopted by ESMA, which is a margin close-out rule on a per account basis. This will standardise the percentage of margin (at 50% of minimum required margin) at which CIFs are required to close out one or more retail client’s open CFDs; In general, the margin close-out rule applies on an account basis across all open CFD positions in a client’s account based on 50% of the initial margin required. This includes positions with a guaranteed stop loss order or limited risk protection.
MARGIN AND LEVERAGE
