
The Adjustments to Oil Instruments Trading
Dear Traders,
As you already know, the Oil market is having a hard time. To protect your trading from possible negative outcomes of extreme market turbulence, MTrading has to make a few temporary adjustments to trading conditions from April 27. The adjustments will affect overnight fees (swaps), the leverage size, and CFD pricing for WTI and Brent.
1. Overnight fees (swaps) will temporarily increase
During this period, you will notice that swaps may be significantly higher than usual. You can check our daily swap rates on WTI and Brent through the MT4 platform.
2. The leverage will temporarily decrease
- 1:30 up to 100,000
- 1:20 100,000 - 800,000
- 1:10 over 800,000
3. Crude oil CFD emergency pricing:
- If any crude oil CFDs prices fall below 5 USD, we will have to enable 'Close Only' mode and stop accepting new orders;
- If any crude oil CFDs prices fall to 0 USD, we will pause trading to protect clients' account. And will re-open when the prices are above 0.
We hope that soon when market conditions normalize, the constraints will be lifted.
Take care and let the good trading luck be with you!