Important: Leverage Rules Change
In order to improve our risk management service, we will begin to adjust our leverage rules from 0:00 GMT+3 Thursday, August 8,2019 as follow:
1. Leverage Rules
The default leverage setting for a new trading account will be 1:100, users may apply for higher leverage with the following conditions:
To apply for 1:200 leverage, your account equity should not exceed $40,000, net open positions should not exceed 40 lots;
To apply for 1:300 leverage, your account equity should not exceed $20,000, net open positions should not exceed 30 lots;
To apply for 1:400 leverage, your account equity should not exceed $10,000, net open positions should not exceed 20 lots.
2. Related Notes
When your account equity or net open position falls below the required amounts listed above, UBFX may lower your leverage accordingly. Our system will perform a check every 5 minutes and send out SMS alert should your account fail to meet the leverage rules, and proceed lower your account leverage if no action is taken shortly after.
If you like to apply for higher leverage, you need to confirm you understanding of the terms “UBFX may lower my leverage according to the aforementioned conditions stipulated, which may cause my orders to potentially be liquidated and I have no objection in any resulting losses”.
If you have any questions, please email us at [email protected] and we'll get straight back to you. Alternatively, call us on (+64) 9-887 7675 and we'll be happy to help.
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