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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

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New changes in CFD trading terms for stocks and ETFs

February 17, 2021 15:30

Dear traders



We would like to kindly remind you that since the news we published on February 4, there have been changes for all Stock CFD instruments: 

Maximum leverage has been changed since February 15, 2021:

Underlying security features

New margin requirements

Retail Clients

Professional Clients

Stocks:

  1. constituent of a major index: SP500, DJIA30, NQ100, DAX30, CAC40, STOXX50, FTSE100, IBEX35, AEX25, ASX200, Nikkei225, and
  2. issuer market cap above 50 Billion USD

20%

(Leverage 5:1)

5%

(Leverage 20:1)

 

Stocks:

  1. constituent of a major index: SP500, DJIA30, NQ100, DAX30, CAC40, STOXX50, FTSE100, IBEX35, AEX25, ASX200, Nikkei225, and
  2. issuer market cap between 5 - 50 Billion USD

20%

(Leverage 5:1)

10%

(Leverage 10:1)

Stocks:

  1. price above 5 USD, and
  2. issuer market cap above 5 Billion;

20%

(Leverage 5:1)

20%

(Leverage 5:1)

All other stocks not falling into any of groups above

50%

(Leverage 2:1)

50%

(Leverage 2:1)

 

Please note that the leverage for current open positions available for Stock CFDs will change in the event of the following trading activities: opening or closing positions (including partial) and the activation of pending orders.

For clients not performing any actions with their trading account, the leverage will change on Saturday, February 20.

For all ETF CFDs, leverage will change on February 26, 2021, after the close of the trading day. 

Underlying security features

New margin requirements

Retail Clients

Professional Clients

ETFs:

  1. ETF AuM above 50 Billion USD

20%

(Leverage 5:1)

10%

(Leverage 10:1)

ETFs:

  1. price above 5 USD, and
  2. ETF AuM above 5 Billion USD

20%

(Leverage 5:1)

20%

(Leverage 5:1)

All other ETFs not falling into any of groups above

50%

(Leverage 2:1)

50%

(Leverage 2:1)

 

Also, note that the new adjusted leverage for ETF CFDs will be applied to all existing open positions on February 26.

Please check in advance and ensure you have enough funds in your trading account to keep your trades open when leverage has been changed.

You may check the stop-out level for your trading account type on the trading conditions page.  

For your convenience, we have prepared a detailed list of leverage changes for each instrument, which you can download, here.

Fees 

Since the news of February 4, there are also new fees for the Stock CFDs and ETF CFDs groups:

Market

Transaction fee

Minimum fee

USA

0.02 USD per share

1 USD

Germany

0.1 % of trade value

1 EUR

France

0.1 % of trade value

1 EUR

UK / GBP-denominated

0.1 % of trade value

1 GBP

UK / USD-denominated

0.1 % of trade value

1 USD

UK / EUR-denominated

0.1 % of trade value

1 EUR

Other Europe / EUR-denominated

0.15 % of trade value

1 EUR

Other Europe / USD-denominated

0.15 % of trade value

1 USD

Other Europe / DKK-denominated

0.15 % of trade value

  30 DKK

Other Europe / NOK-denominated

0.15 % of trade value

  10 NOK

Other Europe / SEK-denominated

0.15 % of trade value

10 SEK

Other Europe / CHF-denominated

0.15 % of trade value

1 CHF

Australia

0.15 % of trade value

8 AUD

Japan

0.15 % of trade value

1250 JPY

 

The new fees for MT4 accounts will be charged only when opening new positions, while MT5 accounts will be charged for new open positions, as well as when closing positions opened before February 15, 2021.

You may review the new commissions in the contract specifications section of our website from the 16th day of the month.

We are ready to help and ready to onboard you

Challenging times bring about daily opportunities and risks. Some brokers have even stopped onboarding new clients, in order to manage the risks they face. We are ready to welcome you on board Admiral Markets, as fast as possible, including many free instant payment methods, for your quick start of trading with us. We are proud to say: We are the quality market leader, we were just awarded the “Best CFD Broker 2021” within our core market Germany by the DKI, Deutsches Kundeninstitut.

We are closely monitoring the developments in financial markets as they go through the unchartered territory of the economic development cycle. In times of high volatility like now, trading brings you huge opportunities - but also risks. It may be a good idea to focus on the high liquidity instruments, such as DAX30, DJI30, Gold and EURUSD now. These are the most traded instruments at Admiral Markets in 2020, and we try to give you the best trading conditions possible! 

Should you have any questions about how the above-described changes may affect your trading account, please do not hesitate to contact your account manager or our Customer Service team.

 

Kind regards, 

Admiral Markets