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The retail foreign exchange broker regulated by the Financial Conduct Authority (FCA), Admiral Markets, reported some significant adjustments to its current trading conditions. On March 28th, Admiral Markets and Admiral Prime account users will benefit from reduced margin requirements, spreads, contract sizes and much higher leverage.
In the case of CHF currency pairs, commodity market assets and the most popular stock indices (e.g. DAX, DJI30), the highest leverage on each type of trading account will increase to 1:200. As a result, investors will be able to use 7 different levels of leverage (depending on the instrument).
In terms of reducing the contracts’ ... (read more)