In the event of economic news, market volatility, or high-frequency trading, the Liquidity Provider will adjust leverage accordingly, as below:
- The Company reserves the right to change the leverage on clients’ trading accounts (both increases and decreases) without prior notice, in accordance with the conditions specified on the website www.iux.com.
- Automatic leverage changes, whether initiated by the Company’s rules or by clients through their personal area, will result in a recalculation of margin requirements for all open positions.
The Company reserves the right to take the following actions:
1.To provide maximum leverage up to 1:3000 under ordinary market conditions, subject to the Client’s account type, trading volume, and financial instrument;
2.To implement the Higher Margin Requirement policy (hereinafter the “HMR policy”), in which the maximum leverage provided by the Company shall be limited to no more than 1:400 during any of the following periods (hereinafter the “HMR period”):
- In the event of High-Impact News announcements, the Company shall enforce the HMR policy at fifteen (15) minutes before and five (5) minutes after the release of major economic news announcements. (hereinafter the “News Period”);
- In the event of Market Close, the Company shall enforce the HMR policy at three (3) hours before the market closes on weekends or public holidays, and one (1) hours after the market reopens. In this regard, the time of market closure and reopening may vary depending on each financial instrument (hereinafter the “Market Close Period”);
- Under the low liquidity or rollover period, the HMR policy shall be applied during 07:00 PM – 12:00 AM (UTC+0) (hereinafter the “Rollover Period”);
- The HMR policy shall affect only the new buy and sell orders;
- The Company reserves the right to apply the HMR policy to both new and existing open positions in certain financial instruments, as shall be specified herein, during the Market Close Period and Rollover Period;
- The HMR policy shall limit the maximum leverage to 1:400 for the following financial instruments:
i. Currency Majors (CFD);
ii. Currency Minors (CFD);
iii. Precious Metal (CFD), including XAUUSD (CFD); - During the News Period, the HMR policy shall limit the maximum leverage of new positions to 1:200 for Precious Metal (CFD), including, XAGUSD(CFD), XAUEUR(CFD), XAUGBP(CFD), and XAGEUR(CFD). However, the maximum leverage shall be adjusted to 1:400 to both new and existing open positions during the Market Close Period and Rollover Period;
- During the HMR period, the HMR policy shall limit the maximum leverage of new positions to 1:200 for the following financial instruments:
- Indices Majors(CFD), including, S&P500(CFD), US30(CFD), USTEC(CFD), DE30(CFD), UK100(CFD);
- During the HMR period, the HMR policy shall limit the maximum leverage of new positions to 1:100 for the following financial instruments:
- Indices Minors(CFD), including, AUS200(CFD), FR40(CFD), HK50(CFD), STOXX50(CFD);
- Energies(CFD), including, USOIL(CFD), UKOIL(CFD);
- During the News Period, the application of HMR policy for new positions of Indices(CFD) (DXY) instruments shall be varied based on the Client’s account equity. However, the maximum leverage shall be adjusted to 1:400 to both new and existing open positions during the Market Close Period and Rollover Period:
- During the News Period, the HMR policy shall limit the maximum leverage of new positions to 1:100 for Cryptocurrency Majors(CFD), including, BTCUSD(CFD) and ETHUSD(CFD). However, the maximum leverage shall be adjusted to 1:400 to both new and existing open positions during the Market Close Period and Rollover Period;
- During the News Period, the HMR policy shall limit the maximum leverage of new positions to 1:50 for the following financial instruments. However, the maximum leverage shall be adjusted to 1:400 to both new and existing open positions during the Market Close Period and Rollover Period:
- Cryptocurrency Alternatives (CFD), including ADAUSD (CFD), ATMUSD (CFD), AVAUSD (CFD), BATUSD (CFD), BCHUSD (CFD), BNBUSD (CFD), DOTUSD (CFD), LTCUSD (CFD), SOLUSD (CFD), TRXUSD (CFD), UNIUSD (CFD), XMRUSD (CFD), XTZUSD (CFD);
- During the HMR period, the HMR policy shall limit the maximum leverage of new positions to 1:20 for all the stocks(CFD) instrument;
- During the HMR period, the HMR policy shall limit the maximum leverage of new positions to 1:5 for all the Thematic Indices(CFD), in exclusion of GERMANY40_15X(CFD), CANNABIS_GLB_3X(CFD), OIL_ETF10X(CFD), US500_20X(CFD), BIOTECH_GIANTS WTI_3X(CFD);
- During the HMR period, the HMR policy shall limit the maximum leverage of new positions to 1:2 for the following financial instruments:
- Thematic Indices Minor(CFD), including, GERMANY40_15X(CFD), CANNABIS_GLB_3X(CFD), OIL_ETF10X(CFD), US500_20X(CFD), BIOTECH_GIANTS WTI_3X(CFD);
3.To limit the size of the offered leverage and/or to increase the size of Margin requirements before macroeconomic events and/or news capable of significantly affecting the prices of financial instruments.
If you have any questions or concerns, please contact us at [email protected].