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:
- Setting leverage on client trading accounts to a maximum of 1:800 during periods of extreme market volatility, prior to the announcement of important economic news, which will only apply to new trades, and two (2) hours before the market closes and one (1) hour after the market opens. On weekends and market breaks, a maximum of 1:500 or less, double the original leverage, will only apply to positions opened during these periods. After the expiration date, the system will recalculate the margin based on the selected equity and leverage. This change will affect transactions opened within these two (2) and one (1) hour periods.
- Limit the offered leverage and/or increase the margin requirement before macroeconomic events and/or news that could significantly impact the price of a financial instrument.
- Leverage for USOIL (CFD) and UKOIL (CFD) is normally set at 1:500 and will be adjusted to 1:50 two (2) hours before market close and one (1) hour after market open, including during periods of high volatility during news events. The exception is UKOIL (CFD), for which leverage will be adjusted to 1:50 30 minutes after market open, in accordance with company policy. This applies only to positions opened during this period. After closing, the system will recalculate the margin based on the selected equity and leverage.
- Leverage for stocks (CFD) is normally set at 1:20 and will be adjusted to 1:50 two (2) hours before market close and one (1) hour after market open, in accordance with company policy. This applies only to positions opened during this period. After closing, the system will recalculate the margin based on the selected equity and leverage.
- Leverage for Thematic (CFDs) is normally set at 1:50 and will be adjusted to 1:5 one hour before the market closes and one hour after the market opens.
- Leverage for Thematic Minor (CFDs) is normally set at 1:10 to 1:50 and will be adjusted to 1:5 one hour before the market closes and one hour after the market opens, except for US500_20X (CFD), GERMANY40_15X (CFD), CANNABIS_GLB_3X (CFD), and OIL_ETF10X (CFD), which will use the normal fixed leverage. This change only applies to new trades.
- Leverage for Indices (CFDs) is set between 1:200 and 1:400 normally and will be adjusted to 1:50 2 (two) hours before market close and 1 (one) hour after market open, except for DXY (CFDs), which will have a fixed leverage as normal, which will only apply to positions opened during this period. After expiry, the system will recalculate the margin based on the selected equity and leverage.
If you have any questions or concerns, please contact us at [email protected].