UL, HMR Flashcards
Specify 3 benefits of using Unlimited Leverage.
Unlimited Leverage
- You can trade with negligible Margin.
- You can open more positions.
- You can open bigger positions.
Specify 3 requirements for using Unlimited Leverage in real and demo accounts.
Unlimited Leverage
Real:
- Equity of less than 1000 USD.
- Minimum 5 closed lots.
- Minimum 10 closed orders.
Demo:
- Equity of less than 1000 USD.
Name at least 4 currency groups/trading instruments where Unlimited Leverage is not applied.
Unlimited Leverage
- Exotic Pairs
- Cryptos
- Energies
- Stocks
- Indices
- Platinum / Palladium
When do Higher Margin Requirements come into effect?
Weekend Margin Requirements
3 hours before market close and 1 hour after market opens
How does Higher Margin Requirement affect existing orders and newly opened orders?
Weekend Margin Requirements
All newly opened orders have a maximum leverage of 1:200. Existing orders are not affected.
What happens when clients close an order that is hedged with another order (in the same account) during high margin requirement?
Weekend Margin Requirements
In this case Exness will apply high margin requirements since a hedge order did not have margin requirements. It is considered as if the position was opened during Weekend HMR.
Is margin recalculated after High Margin Requirement period ends?
Weekend Margin Requirements
Yes, in case the client has a Maximum leverage higher than 1:200, it gets recalculated.
When do Higher Margin Requirements come into effect?
Margin Requirements change during News Release
15 minutes prior the news release and 5 minutes after it.
Why do we increase Margin Requirements during weekends and news releases? What are the market effects caused during the weekend and news release?
Higher Margin Requirements
Market during weekends and news releases is highly volatile and may have gaps. We increase margin requirements to reduce the risk of the operations our traders place.
Show where clients can find currencies affected by Higher Margin Requirement during news releases (Public Website, MT Platform and Exness Trade App). When will clients receive this notification?
Practical - Margin Requirements change during News Release
They can find it on the Economic Calendar in the Public website, they get it everyday at 0:00 GMT on the “mail” section on the MT Platforms, and in the “Markets” tab in the Exness Trade App.
