Amendments to Margin Requirements on Currency Pairs Containing the Czech Koruna

May 19, 2017 11:23

Dear traders,

Please note that starting from the session opening on Monday, 22 May 2017, the margin requirements for currency pairs containing the Czech koruna (CZK) on Admiral.Markets and Admiral.Prime account types will be as follows:

Notional position value in EUR or equivalent in another account currency

Leverage for USDCZK, EURCZK and GBPCZK

Up to 1,500,000

1:25

1,500,000 - 2,300,000

1:10

Over 2,300,000

1:3

The reason for this update is that the current leverage on these pairs is too aggressive, while liquidity providers keep much lower leverage levels and do not provide sufficient liquidity, which frequently results in rejections of larger trades.

Please note that these amended margin requirements will be applied to all open positions on instruments containing the Czech koruna after the session close on Friday, 19 May, 2017.

We kindly ask you to review your account status prior to the weekend to ensure you meet the new margin requirements.

Please also note that due to a reduction of the maximum leverage available, the pre-close term will no longer be applicable to the above currency pairs on Fridays.

If you have any questions, please don't hesitate to contact our customer support team or your account manager.

Kind regards,

Admiral Markets

UK Forex Awards, Admiral Markets — Best Forex Educators, 2016