Important changes to our GBP margins

17 April 2019

Following the decision by the EU to extend the deadline for Brexit until October 31st 2019, we’re lowering our initial GBP margin rate to 0.20%.

We’ll apply this change on both our MT4 and OREX trading platforms after the close of US trading on Wednesday, 17th April 2019.

The rates and margin tiers that will come into effect on both platforms are listed below.

MT4

Tier Total exposure Margin Lev
0-2mio $2,000,000 0.20% 500
2-10mio $10,000,000 0.75% 133
10-20mio $20,000,000 3% 33
20-50mio $ 50,000,000 6% 16.66
50-100mio $100,000,000 10% 10
>100mio   100% 1

OREX: EURGBP

Tier 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

Tier 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 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.