Dear Valued Client,
As a result of the EU Referendum in the UK, where the majority of the voters opted for leaving the European Union, volatility and turbulence in the financial markets substantially increased. Various negotiations, news and announcements over the upcoming weekend may have a significant impact on the market open at the beginning of next week.With this in mind, and with the aim of protecting our clients, please be advised that leverage for all accounts will be restricted to 10:1 for Spot FX, Spot CFDs, Spot Oil and Spot Bullion commencing at 3.00 PM BST today 24 June 2016.
Instruments with fixed margins will also change as follows:
| CFD SYMBOL |
Name |
Current margin ($) |
Post Brexit margin ($) |
| DAX |
Ger30 Pro |
10,000 |
20,000 |
| FTSE |
UK100 Pro |
10,000 |
20,000 |
| NQ |
Nas100 Pro |
2,500 |
5,000 |
| ES |
SPX500 Pro |
3,000 |
6,000 |
| DM |
DJ30 Pro |
3,000 |
6,000 |
| GC |
Gold |
4,500 |
9,000 |
| SI |
Silver |
4,500 |
9,000 |
| HG |
Copper |
1,500 |
3,000 |
| CL |
US-Oil Pro |
1,500 |
3,000 |
| NG |
NGAS Pro |
1,500 |
3,000 |
| BB |
Brent Crude Oil |
1,500 |
3,000 |
| SB |
Sugar |
210 |
420 |
| KC |
Coffee |
700 |
1,400 |
| CT |
Cotton |
500 |
1,000 |
| CC |
Cocoa |
220 |
440 |
| C# |
Corn |
675 |
1,350 |
| W# |
Wheat |
810 |
1,620 |
| S# |
Soya |
930 |
1,860 |
| AD |
AUD |
1,180 |
2,360 |
| BP |
GBP |
4,000 |
8,000 |
| CD |
CAD |
1,210 |
2,420 |
| EC |
EUR |
4,000 |
8,000 |
| JY |
JPY |
4,000 |
8,000 |
| NZ |
NZD |
1,180 |
2,360 |
| SF |
CHF |
4,000 |
8,000 |
| DX |
US Dollar Index |
3,000 |
6,000 |
If you need to fund your account, please click here for all available funding methods.
Please review your account accordingly, to ensure that you have sufficient available margin to support your open positions. If you have any questions, please do not hesitate to contact our support team.
Kind regards,
Hantec Markets |
