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.
If you have any questions or concerns, please contact us at [email protected].
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