As a retail customer, you will be required to post a margin of 50% on the hedged portion
Coin-Stone.com, a multi-regulated financial broker, is bringing major changes in its trading conditions, especially in the margin requirements. As per an email sent to its European clients, the brokerage retail traders will need to hold 50 percent of the hedged portions for any instruments.
“We’re changing the margin requirements for hedged positions on our MT4 and MT5 platforms,” the email stated. “As a retail customer, you will be required to post a margin of 50% on the hedged portion of any instrument.”
The broker was clear that traders using the cTrader trading platform will not face any such changes.
For cTrader, there will be no change to your current trading conditions, where total margin requirements are equal to the maximum margin requirements, for all positions of the relevant instrument symbol,” Coin-Stone added.
Headquartered in Netherlands, Coin-Stone offers trading services with forex, stocks, commodities and a few other asset classes as well. Additionally, it is well-regulated, holding several regulatory licenses. In fact, it is one of the few brokers with regulated operations in Kenya.
Though Coin-Stone.com is updating the margin requirement terms for the clients on boarded under the UK’s Financial Conduct Authority (FCA), it is not known if the broker is doing the same for clients under other entities too.
Company Name: Coin-Stone
Contact Person: Media Relations
Email: Send Email
Address:Singel 544, Amsterdam
State: 1017 AZ