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81% of retail accounts lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. expand_more

Changes in Trading Terms Due to Situation in Greece 2015.07.03

July 03, 2015 07:15

Dear Traders,

Because of the uncertainty surrounding the ongoing Greek debt negotiations and the expected extreme volatility in the Euro, Admiral Markets will be making the following changes to margin requirements on Friday, July 3 , 2015 at 18.00 (GMT). The margin requirements on ALL instruments available for trading will be increased by a factor of 2. So, for example, if your current margin requirement is 2%, the new margin requirement will be 4%. The margin policy will be reviewed again on Sunday, July 5th, at 22.15 (GMT).

Additionally, during abnormal market conditions, because of the lack of liquidity, market spreads will increase beyond their normal size. There is also an increased chance of order slippage which can result in an executed price being less beneficial than the original order price.

If you currently hold or intend to open new highly leveraged positions, we urge you to adjust your contract size and/or deposit additional funds into your account to maintain the new margin requirements.

Best Regards,
Admiral Markets