Effective at market open time on Tuesday 28th July, the margin requirements for oil products will be reduced from the existing 1% level to just 0.2%.
In leverage terms, this represents an increase in the maximum leverage on an oil trade from 1:100 to 1:500.
For example, a 0.5 lot USOUSD trade at a market price of $140 would currently require $140USD of margin to open, but this would be reduced to just $28USD after the change.
A reminder that USOUSD (US Crude Oil) and UKOUSD (UK Brent Oil) are rebased versions of our existing spot oil products, specially designed to protect traders against the possibility of negative prices. If you have any questions regarding this, please contact our support team.
To take advantage of this exciting change to our oil products offering please login to our MT4 and MT5 platforms and start trading!