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:
- The leverage setting on a client’s trading account shall not exceed 1:800 during periods of high market volatility, such as before the announcement of major economic news, and 2 (two) hours before market close and 1 (one) hour after market open on weekends and during market breaks. During these periods, leverage shall not exceed 1:500. This change will apply only to new buy/sell orders. It will affect transactions that are opened within the specified 2 (two) hours before and 1 (one) hour after the relevant events.
- Restrict the leverage offered and/or increase margin requirements prior to macroeconomic events or news that may significantly impact the price of financial instruments.
- For USOIL (CFD) and UKOIL (CFD), the default leverage is 1:500 and will be reduced to 1:50 during the 2 (two) hours before market close and 1 (one) hour after market open, as well as during periods of high volatility due to news events. An exception applies to UKOIL (CFD), where leverage will be reduced to 1:50 30 (thirty) minutes after the market opens, in accordance with Company policy, and will apply only to newly opened positions.
- The leverage for stock (CFD) is set between 1:20 by default and will be reduced to 1:5 during 2 (two) hours before and 1 (one) hour after market open. These changes apply to new buy-sell orders only.
- The leverage for thematic products (CFD) is set at 1:50 by default and will be reduced to 1:5 during 1 (one) hour before and 1 (one) hour after market open.
- The leverage for thematic minor (CFD) products is set between 1:10 to 1:50 by default and will be reduced to 1:5 during 1 (one) hour before and 1 (one) hour after market open. The following exceptions will retain default leverage: US500_20X (CFD), GERMANY40_15X (CFD), CANNABIS_GLB_3X (CFD), and OIL_ETF10X (CFD). These changes apply to new buy-sell orders only.
- The leverage for indices (CFD) is set between 1:200 to 1:400 by default and will be reduced to 1:50 during 2 (two) hours before and 1 (one) hour after market open. DXY (CFD) will retain its default leverage setting. These changes apply to new buy-sell ord
If you have any questions or concerns, please contact us at [email protected].