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.