UL, HMR Flashcards
Unlimited Leverage: What is the purpose?
Unlimited leverage is provided to experienced traders. This allows them to:
- Trade with negligible margin
- Open Bigger Position
- Open More Trades
What are the requirements for using Unlimited Leverage? Real and Demo account
Real: must trade 5 lots and close minimum of 10 orders across all PA
Demo: equity needs to be less then 1000 USD
Which currency groups/ instrument Unlimited Leverage does not apply?
- Exotic Pairs
- Stocks
- Cryptocurrencies
- Energies
What is the actual value for unlimited leverage?
MT4 : 1: 2 1 billion
MT5: 1: 2 billion
When do Higher Margin Requirements come into effect?
3 hours before the market closes and 1 hours after the market opens
How will it affect existing orders?
No affect because existing orders were opened before the HMR time.
How does it affect newly opened orders?
Will be affected. How? All orders will be open with a max leverage of 1:200
What happens when a client closes an order that is hedged with another order during this time?
The order that is left will be charged with a margin according to the leverage of 1:200. This leverage is set by Exness to protect clients and allowing them to open position when market is volatile.
Is margin recalculated as per actual account leverage after HMR?
YES. The reason is we charge the HMR period. But after we will give you back the leverage
When do higher margin requirement comes into effect?
15 minutes before the news release and 5 minutes after
Why do we increase margin requirements during weekend and news releases
To reduce the risk for traders.
Market is volatile during this period and prices are moving in an unpredictable way.
For example you left an order open over the weekend and high chances are that the prices will be different than what it was before. Due to maybe news events so by having HMR it minimizes major losses
