Change of FXPro’s Trading Rules
FXPro has announced upcoming changes by the Securities Commission of the Bahamas (SCB) to CFD Trading rules.
Please be informed that the Securities Commission of the Bahamas (SCB) has announced new rules affecting contracts for difference.
FXPro will implement these rules on Monday the 22nd of February 2021 at 00:00 server time.
These rules will have an impact on (among others) stop-out levels for all your trading accounts and new margin requirements affecting positions opened from the 22nd of February 2021 onwards.
Please note that margin requirements for positions opened prior to the 22nd of February 2021 will remain unaffected.
Change of Stop Out Levels on FXPro Platforms
Specifically, stop out levels on all FxPro platforms will change as follows:
|Trading Platform||Stop out prior to 22/02/2021||Stop out from 22/02/2021|
|FxPro MetaTrader 4 (MT4)||20%||50%|
|FxPro MetaTrader 5 (MT5)||30%||50%|
Change of Leverage on FXPro Platforms
The margin requirements will change as follows:
|Markets||Max leverage prior to 22/02/2021||Max leverage from 22/02/2021|
|Major & Minor Currencies (All platforms)||1:500||1:200|
|Major Spot Indices (MT4, MT5 and FxPro Edge)||1:500||1:200|
The leverage requirements will not affect any clients categorized as Elective Professionals.
Margin stop-out levels will apply to all clients (both Retail and Elective Professionals).
We strongly recommend that you visit FXPro’s dedicated page, which explains in detail the SCB measures and provides a real-life example, to help you understand the impact on your trading.