CFD Shares
Assets with default margin less than or equal to 5%
Assets with default margin above 5%
Corporate actions like dividends, mergers, stock splits and more can move the price of shares, and price market gaps could occur following such announcements. We take client protection seriously, so during these times of volatility increased margins are required, including a 20% minimum margin for the whole trading session before any corporate action and 15 minutes after market open. This applies only to new positions opened on the same day as the scheduled corporate actions.
Daily Break Policy: All new positions, opened within the last 30 minutes before market close or 15 minutes after market open the following day, require a minimum margin of
Weekend / Holidays Policy: All new positions, opened within the last 30 minutes before market close or 15 minutes after market open the following day, require a minimum margin of
For specific shares, default margin requirements could differ from the above table. To see the minimum margin requirements per individual share, please check the Product Outline page.
Example 1 – Account Leverage 1:500, 2 lots
Margin Requirement calculation:
Number of Lots * contract size * market price / maximum leverage * conversion rate (if applicable)
Account Currency: USD
Account Leverage: 1:500
Instrument to trade: SNAP
Volume traded: 2 lots
Margin requirement: 2 * 100 * 14.50 / 20
Total Margin Required: 145 USD.
Example 2 – Account Leverage 1:500, 52 lots
Margin Requirement calculation:
Number of Lots * contract size * market price / maximum leverage * conversion rate (if applicable)
Account Currency: USD
Account Leverage: 1:500
Instrument to trade: SNAP
Volume traded: 52 lots
Margin requirement for first tier level: 50 * 100 * 14.50 / 20
Margin requirement for second tier level: 2 * 100 * 14.50 / 10
Total Margin Required: 3625 + 290 = 3,915 USD.