US DAYLIGHT SAVING TIME ENDS SOON
31 October 2019
Daylight saving time ends in the US this Sunday (November 3rd) , meaning the clocks will go back one hour – and some trading hours will change as a result.
All FX, metal, cryptocurrency and US CFD products will open and close one hour later.
After daylight saving time has ended, our trading hours will commence at 10pm GMT on Sundays, and close at 10pm GMT on Fridays.
Make sure these changes don’t affect your trading plans.
Disclaimer
This information is provided as a guide and is subject to change. Please contact our customer service desk on +971 2 654 7633 for more up-to-date information.
Europe Daylight Saving Time Ends Soon
24 October 2019
Daylight saving time ends in Europe at 2am on Sunday, October 27th GMT, meaning the clocks will go back one hour – and some trading hours will change as a result.
The majority of European CFD products will open and close one hour later in GMT time.
This will not change the trading hours of any FX or CFDs products based outside of Europe.
Make sure these changes don’t affect your trading plans.
Disclaimer
This information is provided as a guide and is subject to change. Please contact our customer service desk on +971 2 654 7633 for more up-to-date information.
Important changes to our GBP margins
17 October 2019
Following recent market volatility caused by ongoing Brexit negotiations, and the potential for more developments over this weekend, we’re increasing our initial GBP margin rate to 0.50%.
We’ll apply this change on both our MT4 and OREX trading platforms after the close of US trading on Thursday, October 17th 2019.
The rates and margin tiers that will come into effect on both platforms are listed below.
MT4
| |
|
Margin % |
| 0-1.5mio |
$1,500,000 |
0.50% |
| >1.5-9mio |
$7,500,000 |
0.75% |
| >9-20mio |
$11,000,000 |
3% |
| >20-50mio |
$30,000,000 |
6% |
| >50-100mio |
$50,000,000 |
10% |
| >100mio |
|
100% |
OREX: EURGBP
| |
From |
To |
Margin % |
| Tier 1 |
>0 |
1,760,000 |
0.50% |
| Tier 2 |
>1,760,000 |
8,800,000 |
0.75% |
| Tier 3 |
>8,800,000 |
17,600,000 |
3% |
| Tier 4 |
>17,600,000 |
44,000,000 |
6% |
| Tier 5 |
>44,000,000 |
Unlimited |
10% |
OREX: GBPAUD, GBPCAD, GBPCHF, GBPJPY and GBPUSD
| |
From |
To |
Margin % |
| Tier 1 |
>0 |
1,560,000 |
0.50% |
| Tier 2 |
>1,560,000 |
7,810,000 |
0.75% |
| Tier 3 |
>7,810,000 |
15,600,000 |
3.00% |
| Tier 4 |
>15,600,000 |
39,000,000 |
6.00% |
| Tier 5 |
>39,000,000 |
Unlimited |
10.00% |
Please be aware that future margin changes could be made at short notice.
Make sure you have enough funds to maintain your positions - and have a buffer in place to allow for any potential volatility.
Important news about our GBP margins
8 March 2019
As GBP volatility may increase due to UK parliamentary votes on Brexit taking place next week, we’re raising our initial margin rate to 0.5%.
We’ll apply this change on both our MT4 and OREX trading platforms after the close of trading on Friday, 8th March 2019.
The rates and margin tiers that will come into effect on both platforms are listed below.
MT4
| |
|
Margin |
Lev |
| 0-2mio |
$2,000,000.00 |
0.50% |
200 |
| 2-10mio |
$10,000,000.00 |
0.75% |
133 |
| 10-20mio |
$20,000,000.00 |
3% |
33 |
| 20-50mio |
$50,000,000.00 |
6% |
16.66 |
| 50-100mio |
$100,000,000.00 |
10% |
10 |
| >100mio |
$100,000,000.00 |
100% |
1 |
OREX: EURGBP
| |
From |
To |
Margin % |
| Tier 1 |
0 |
1,760,000 |
0.50% |
| Tier 2 |
1,760,000 |
8,800,000 |
0.75% |
| Tier 3 |
8,800,000 |
17,600,000 |
3.00% |
| Tier 4 |
17,600,000 |
44,000,000 |
6.00% |
| Tier 5 |
44,000,000 |
Unlimited |
10.00% |
| Maximum Open Position |
|
88,000,000 |
|
OREX: GBPAUD, GBPCAD, GBPCHF, GBPJPY and GBPUSD
| |
From |
To |
Margin % |
| Tier 1 |
0 |
1,560,000 |
0.50% |
| Tier 2 |
1,560,000 |
7,810,000 |
0.75% |
| Tier 3 |
7,810,000 |
15,600,000 |
3.00% |
| Tier 4 |
15,600,000 |
39,000,000 |
6.00% |
| Tier 5 |
39,000,000 |
Unlimited |
10.00% |
| Maximum Open Position |
|
78,100,000 |
|
Please be aware that future margin changes could be made at short notice.
Make sure you have enough funds to maintain your positions - and have a buffer in place to allow for any potential volatility.
MT4 Update
Metaquotes will stop allowing desktop versions below 1118 and Android versions below 1104 from connecting to MT4 servers. If you are still using the old version of MT4 platform, please pay attention on the following updates:
Desktop version
To check your current desktop version:
Go to the menu Help ► About
Please use this link to install the latest version.
Android version
To check your current Android version:
Go to the Google Play Store and check if you have the latest update
You may also use this link to install the latest version.
For most clients, the update will run automatically by closing and re-opening the application.
IMPORTANT CHANGES TO OUR GBP MARGINS
As GBP volatility has reduced in recent days, we’re returning to our initial margin rate of 0.2%.
We’ll apply this change on both our MT4 and OREX trading platforms after the close of trading on Friday, 1st February 2019.
The rates and margin tiers that will come into effect on both platforms are listed below.
MT4
| |
|
Margin |
Lev |
| 0-2mio |
$2,000,000.00 |
0.20% |
500 |
| 2-10mio |
$10,000,000.00 |
0.75% |
133 |
| 10-20mio |
$20,000,000.00 |
3% |
33 |
| 20-50mio |
$50,000,000.00 |
6% |
16.66 |
| 50-100mio |
$100,000,000.00 |
10% |
10 |
| >100mio |
$100,000,000.00 |
100% |
1 |
OREX: EURGBP
| |
From |
To |
Margin % |
| Tier 1 |
0 |
1,760,000 |
0.20% |
| Tier 2 |
1,760,000 |
8,800,000 |
0.75% |
| Tier 3 |
8,800,000 |
17,600,000 |
3.00% |
| Tier 4 |
17,600,000 |
44,000,000 |
6.00% |
| Tier 5 |
44,000,000 |
Unlimited |
10.00% |
| Maximum Open Position |
|
88,000,000 |
|
OREX: GBPAUD, GBPCAD, GBPCHF, GBPJPY and GBPUSD
| |
From |
To |
Margin % |
| Tier 1 |
0 |
1,560,000 |
0.20% |
| Tier 2 |
1,560,000 |
7,810,000 |
0.75% |
| Tier 3 |
7,810,000 |
15,600,000 |
3.00% |
| Tier 4 |
15,600,000 |
39,000,000 |
6.00% |
| Tier 5 |
39,000,000 |
Unlimited |
10.00% |
| Maximum Open Position |
|
78,100,000 |
|
Please be aware that as Brexit discussions continue and with UK Parliamentary votes planned, future margin changes could be made at short notice.