Important account news
Dear Customer,
We are writing to inform you that we’re changing the way maximum limits for Cryptocurrencies are calculated, increasing margin requirements on certain instruments, making further upgrades to our Cryptocurrency CFD markets, and some other minor changes to our offer.
Please see below a full detailed list of all the changes in force from Saturday 9th September
- Our Cryptocurrency CFD markets will be open almost 24/7, meaning you can trade them over weekends.
New Trading Hours for Crypto CFDs
Bitcoin (BTCUSD) - 24hrs from Saturday 3am to Friday 9pm (BST)
Ethereum (ETHUSD) - 24hrs from Saturday 3am to Friday 9pm (BST)
Ripple (XRPUSD) - 24hrs from Saturday 3am to Friday 9pm (BST)
Litecoin (LTCUSD) - 24hrs from Saturday 3am to Friday 9pm (BST)
Dash (DSHUSD) - 24hrs from Saturday 3am to Friday 9pm (BST)
Table of Specification
In relation to the changes highlighted previously the following instrument specification comments will be affected:
- Change of comment no 21 (Section Forex, Indices and Commodities) as follows:
21. POR20, POR20., POR20.., POR20+ instruments will be available only in "close only" mode.
- Change of comment no 2 (Section Cryptocurrencies) as follows:
2. The maximum amount of Client involvement in Open Positions (either long or short) on BTCUSD, ETHUSD, XRPUSD, LTCUSD and DSHUSD on the Account may not exceed 100000 EUR, 75000 EUR, 30000 EUR, 30000 EUR, 30000 EUR (or equivalents in account's currency) respectively.
Following instruments have been removed from XTB's offer:
INDIA50,
INDIA50.,
INDIA50..,
INDIA50+
We will be making the following new instruments available for trading:
AABA.US
ABCO.US
AMD.US
ANDV.US
ASC.UK
CLNX.ES
CPN.US
CSIQ.US
DNP.PL
EZU.US
FERG.UK
GSM.US
OCLR.US
PF.US
PLY.PL
REMX.US
SAY.ES
SFM.US
SGRE.ES
SLA.UK
VRTU.US
WIX.US
WPM.US
ZAL.DE
We will also be increasing the margins for the following:
SMSN.UK from 15% to 40%
STX.US from 10% to 20%
QEP.US from 15% to 20%
PKX.US from 25% to 40%
The following have been moved to close only mode:
GAM.ES
SLW.US
DOW.US
MBLY.US
The following have been removed from XTB’s offer:
ADN.UK
ASC.UK
ASR.IT
ATLN.CH
BHI.US
CBSH.US
CLS1.DE
CSAL.US
CST.US
ELTA.UK
ENG.PL
EQY.US
FORTUNA.CZ
GXP.US
HGG.UK
HIW.US
IDA.US
IMG.UK
JNS.US
KATE.US
LRD.UK
MAU.FR
MJN.US
OFC.US
OGE.US
PEGAS.CZ
PGS.NO
PNM.US
PNRA.US
POP.ES
RAI.US
SHLD.US
SL.UK
SSS.US
SVI.UK
TCB.US
TSO.US
VAL.US
WNR.US
WOS.UK
WR.US
WRI.US
YHOO.US
View the new margin table with the changes highlighted above updated in force from 9th September here.
On the day of implementation, any open trades you have will be affected in the following way:
xStation - there will be no effect on current margins, only new trades will be affected.
MT4 - your position margin will be recalculated and any leverage reduction could affect your open trades. Please make every effort to review your open trades and cash balance to ensure they are unlikely to reach our Margin Stop Out Level of 30%.
If you have any questions about these changes, please don’t hesitate to get in touch with our customer support team at ukservice@xtb.co.uk or call us on +44 20 3695 3085.
Kind regards,
The XTB UK team