Dear clients,

In line with the new regulatory requirements issued by the European Securities and Markets Authority (ESMA),

the Company will enforce significant changes to the trading conditions applicable to Retail client trading accounts. Namely, the following will be affected:
Increased margin requirements for all types of CFDs; new leverage restrictions will apply to all NEW POSITIONS which will be opened as from 29th July 12am GMT+3. The leverage restrictions will apply as follows:

  • 30:1 for major currency pairs;
  • 20:1 for non-major currency pairs;

A margin close out rule on a per account basis will standardize the percentage of margin at 50% of minimum required margin at which the Company is required to close out one or more retail client’s open CFD. The close out rule will apply only for NEW positions which will be opened as from 29th July 12am GMT+3.
A full table on the trading conditions for trading accounts is available on the website following the link.

Actions required from your side:

When opening new positions, take into account the new leverage restrictions imposed for each type of instrument, to ensure sufficient margin for supporting your positions.
Perform trading strategy adjustments if and where needed, in order to avoid any unexpected outcomes.
Please be reminded that on 29 July 2018, the system specifications will be automatically adjusted to the new leverage and stop out rule in line with the regulatory requirements. The Company shall not be liable for any losses incurred due to the changes above.
To find out more about the upcoming regulatory changes, you may access the ESMA announcement here.
If you have any questions, our Customer Support Team is available to help.

Kind regards, The NTFX Team.