The automated forex broker RoboForex announced its plans to hike the minimum margin requirements for trading in CFDs on US and German stocks to 5%. At the same time the margin rates for CFDs on indicies and oil, offered by the broker, will remain at its current levels of 1%. The other trading conditions for CFDs and indices will also remain unchanged.
The new margins on the CFDs of US and German stocks will come into effect on February 22, 2016.
RoboForex recommends its clients to keep in mind the pending changes when planning their strategies and modify their open positions.
Earlier this week RoboForex announced the addition of technical analytical data from the Trading Central market analysis and research company to its clients. The data from Trading Central includes materials, alerts and trading signals to help traders gain better understanding of the current financial market conditions.
RoboForex is an automated forex broker regulated in Cyprus and Belize. The group consists of the holding company RoboForex Financial Group, and its units CRoboForex, RoboTrade Ltd. and RoboForex LP. It offers trade in currencies and Contracts for Difference (CFDs) on stocks, indices and spot oil. The leverage is up to 1:1000 and no minimum deposit is required.
In the past several weeks Saxo Bank Securities Co., the Japanese brokerage of the Danish Saxo Bank, also announced changes in the margin rates of CFDs on stocks on a number of companies.