Changes to margin requirements for CZK and HKD currency pairs

January 07, 2020 09:00

czech koruna margin rates

Dear traders,

Starting from the session opening on Monday, 13 January 2020, the margin requirements for currency pairs containing the Czech koruna (CZK) and the Hong Kong dollar (HKD) on Trade.MT4, Zero.MT4 and Trade.MT5 account types will be amended for Professional clients as well as those who have access to higher leverage rates.

The margin requirements will be amended as follows:

1. CZK pairs

Instruments

Notional position value in USD or EUR (or equivalent in another currency)

Maximum possible leverage

EURCZK, EURCZK-ECN USDCZK, USDCZK-ECN

Up to 2,500,000

1:500

2,500,000 - 3,500,000

1:200

3,500,000 - 4,000,000

1:50

Over 4,000,000

1:10

2. HKD pairs

Instruments

Notional position value in USD or EUR (or equivalent in another currency)

Maximum possible leverage

USDHKD-ECN

Up to 1,500,000

1:25

1,500,000 - 2,300,000

1:10

Over 2,300,000

1:3

Changes to leverage rates for these currencies are required to better reflect levels of internationally available liquidity and risks arising from adopted monetary policies in their countries of origin.

The change will only affect the accounts of clients who are categorised as professionals and have access to higher leverage rates.

Amended margin requirements will be applied to all open positions on instruments containing the Czech koruna and Hong Kong dollar after the session close on Friday, 10 January, 2020.

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

Best regards,

Admiral Markets

Trade Forex

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