Common use of Leverage Clause in Contracts

Leverage. 10.1. Leverage is the ratio in respect of transaction size and initial margin i.e. 1:100 ratio means that in order to open a position, the initial margin is one hundred times less than the transactions size. 10.2. The leverage policy of the Company is taking into account many factors that affect the leverage that the Company can provide to its retail Clients and is constructed as follows: 10.3. The maximum default leverage for all Clients is set to 1:100 (default). However, the Company gives to the Clients the option, if they choose to change the default to a higher leverage. This is enabled only via a client directed basis. 10.4. If a Client does not pass the appropriateness test of the Company (i.e. if not enough experienced in the CFDs trading), the default leverage will come into effect, and no option of changing the leverage can be applied in the next six months. However, it is in the Company’s discretion, upon the client’s request via email or any other means, to change the leverage of a Client that did not pass the appropriateness test, provided that the client is actively trading during the last three months and conducted at least 50 trades during this period, confirmed that he understood the risks involved in trading margin products and that he/she obtained the relevant experience needed to trade in this market. 10.5. The Company shall ensure that the maximum loss for its Clients at any point in time never exceeds the clients’ available funds (negative balance protection), regardless of the level of the leverage provided. 10.6. The maximum leverage provided to the Company’s retail clients, depends on the asset class, including, but not limited to, liquidity and trading volumes, volatility and standard deviation, market cap, hedging capabilities, and the general economic climate and geopolitical events. All existing instruments that the Company makes available for trading to its retail clients are very liquid and the maximum leverages provided on these instruments are based among others on the recommendations and availability of our Liquidity Providers that we cooperate with. 10.7. In addition, internal risk management controls and assessments based on the capital base of the Company are considered of how much will be the maximum a) Maximum leverage for forex pairs is … 1: 100 b) Maximum leverage for metals is … 1:100 c) Maximum leverage for indices is … 1:100 d) The minimum leverage for all the above financial instruments is set to 1:1 10.8. The Client has the right to request to change his/her account leverage at any time during his relationship with the Company, provided that the Company is taking into account the outcome of the appropriateness test. The Company has the right, at its absolute discretion, to modify at any time Client Account leverage without Client’s consent, either permanently or for a limited period of time - for reasons including but not limited to, the Client’s deposit amount or exposure on a single instrument - by informing the Client through written notice sent either by regular mail or email.

Appears in 2 contracts

Sources: Client Agreement, Client Agreement

Leverage. 10.1. Leverage is the ratio in respect of transaction size and initial margin i.e. 1:100 ratio means that in order to open a position, the initial margin is one hundred times less than the transactions size. 10.2. The leverage policy of the Company is taking into account many factors that affect the leverage that the Company can provide to its retail Clients and is constructed as follows: 10.3. The maximum default leverage for all Clients is set to 1:100 (default). However, the Company gives to the Clients the option, if they choose to change the default to a higher leverage. This is enabled only via a client directed basis. 10.4. If a Client does not pass the appropriateness test of the Company (i.e. if not enough experienced in the CFDs trading), the default leverage will come into effect, and no option of changing the leverage can be applied in the next six months. However, it is in the Company’s discretion, upon the client’s request via email or any other means, to change the leverage of a Client that did not pass the appropriateness test, provided that the client is actively trading during the last three months and conducted at least 50 trades during this period, confirmed that he understood the risks involved in trading margin products and that he/she obtained the relevant experience needed to trade in this market. 10.5. The Company shall ensure that the maximum loss for its Clients at any point in time never exceeds the clients’ available funds (negative balance protection), regardless of the level of the leverage provided. 10.6. The maximum leverage provided to the Company’s retail clients, depends on the asset class, including, but not limited to, liquidity and trading volumes, volatility and standard deviation, market cap, hedging capabilities, and the general economic climate and geopolitical events. All existing instruments that the Company makes available for trading to its retail clients are very liquid and the maximum leverages provided on these instruments are based among others on the recommendations and availability of our Liquidity Providers that we cooperate with. 10.7. In addition, internal risk management controls and assessments based on the capital base of the Company are considered taken into account of how much will be the maximummaximum leverage provided to the retail Clients. The Company provides the following maximum levels of leverage to its retail Clients: (a) Maximum leverage for forex pairs is … 1: 100500 (b) Maximum leverage for metals is … 1:1001:500 (c) Maximum leverage for indices is … 1:100 (d) Maximum leverage for CFDs shares is … 1:50 (e) The minimum leverage for all the above financial instruments is set to 1:1 10.810.7. The Client has the right to request to change his/her account leverage at any time during his relationship with the Company, provided that the Company is taking into account the outcome of the appropriateness test. The Company has the right, at its absolute discretion, to modify at any time Client Account leverage without Client’s consent, either permanently or for a limited period of time - for reasons including but not limited to, the Client’s deposit amount or exposure on a single instrument - by informing the Client through written notice sent either by regular mail or email.

Appears in 2 contracts

Sources: Client Agreement, Client Agreement

Leverage. 10.1. Leverage is the ratio in respect of transaction size and initial margin i.e. 1:100 ratio means that in order to open a position, the initial margin is one hundred times less than the transactions size. 10.2. The leverage policy of the Company is taking into account many factors that affect the leverage that the Company can provide to its retail Clients and is constructed as follows: 10.3. The maximum default leverage for all Clients is set to 1:100 (default). However, the Company gives to the Clients the option, if they choose to change the default to a higher leverage. This is enabled only via a client directed basis. 10.4. If a Client does not pass the appropriateness test of the Company (i.e. if not experienced enough experienced in the CFDs CFD trading), the default leverage will come into effect, and no option of changing the leverage can be applied in the next six months. However, it is in the Company’s discretion, upon the client’s request via email or any other means, to change the leverage of a Client that did not pass the appropriateness test, provided that the client is actively trading during the last three months and conducted at least 50 trades during this period, confirmed that he understood the risks involved in trading margin products and that he/she obtained the relevant experience needed to trade in this market. 10.5. The Company shall ensure that the maximum loss for its Clients at any point in time never exceeds the clients’ available funds (negative balance protection), regardless of the level of the leverage provided. 10.6. The maximum leverage provided to the Company’s retail clients, depends on the asset class, including, but not limited to, liquidity and trading volumes, volatility and standard deviation, market cap, hedging capabilities, and the general economic climate and geopolitical events. All existing instruments that the Company makes available for trading to its retail clients are very liquid and the maximum leverages provided on these instruments are based among others on the recommendations and availability of our Liquidity Providers that we cooperate with. 10.7. In addition, internal risk management controls and assessments based on the capital base of the Company are considered taken into account of how much will be the maximummaximum leverage provided to the retail Clients. The Company provides the following maximum levels of leverage to its retail Clients: (a) Maximum leverage for forex pairs is … 1: 100500 (b) Maximum leverage for metals is … 1:1001:500 (c) Maximum leverage for indices is … 1:100 (d) Maximum leverage for CFDs shares is … 1:50 (e) The minimum leverage for all the above financial instruments is set to 1:1 10.810.7. The Client has the right to request to change his/her account leverage at any time during his relationship with the Company, provided that the Company is taking into account the outcome of the appropriateness test. The Company has the right, at its absolute discretion, to modify at any time Client Account leverage without Client’s consent, either permanently or for a limited period of time - for reasons including but not limited to, the Client’s deposit amount or exposure on a single instrument - by informing the Client through written notice sent either by regular mail or email.

Appears in 1 contract

Sources: Client Agreement

Leverage. 10.1. 10.1 Leverage is the ratio in respect of transaction size and initial margin i.e. 1:100 ratio means that in order to open a position, the initial margin is one hundred times less than the transactions transaction size. 10.2. 10.2 The leverage policy of the Company is taking into account many factors that affect the leverage that the Company can provide to its retail Clients and is constructed as follows: 10.3. 10.3 The maximum default leverage for all Clients is set to 1:100 (default). However, the Company gives to the Clients the option, if they choose to change the default to a higher leverage. This is enabled only via a client directed basis. 10.4. 10.4 If a Client does not pass the appropriateness test of the Company (i.e. if not enough experienced in the CFDs trading), the default leverage will come into effect, and no option of changing the leverage can be applied in the next six months. However, it is in the Company’s discretion, upon the client’s request via email or any other means, to change the leverage of a Client that did not pass the appropriateness test, provided that the client is actively trading during the last three months and conducted at least 50 trades during this period, confirmed that he understood the risks involved in trading margin products and that he/she obtained the relevant experience needed to trade in this market. 10.5. 10.5 The Company shall ensure that the maximum loss for its Clients at any point in time never exceeds the clients’ available funds (negative balance protection), regardless of the level of the leverage provided. 10.6. 10.6 The maximum leverage provided to the Company’s retail clients, depends on the asset class, including, but not limited to, liquidity and trading volumes, volatility and standard deviation, market cap, hedging capabilities, and the general economic climate and geopolitical events. All existing instruments that the Company makes available for trading to its retail clients are very liquid and the maximum leverages provided on these instruments are based among others on the recommendations and availability of our Liquidity Providers that we cooperate with. 10.7. In addition, internal risk management controls and assessments based on the capital base of the Company are considered taken into account of how much will be the maximummaximum leverage provided to the retail Clients. The Company provides the following maximum levels of leverage to its retail Clients: (a) Maximum leverage for forex pairs is ... 1: 100 500 (b) Maximum leverage for metals is … 1:100 c) Maximum leverage for indices is … 1:100 d) The minimum leverage for all the above financial instruments is set to 1:1 10.8. The Client has the right to request to change his/her account leverage at any time during his relationship with the Company, provided that the Company is taking into account the outcome of the appropriateness test. The Company has the right, at its absolute discretion, to modify at any time Client Account leverage without Client’s consent, either permanently or for a limited period of time - for reasons including but not limited to, the Client’s deposit amount or exposure on a single instrument - by informing the Client through written notice sent either by regular mail or email.... 1:500

Appears in 1 contract

Sources: Client Agreement

Leverage. 10.1. Leverage is the ratio in respect of transaction size and initial margin i.e. 1:100 ratio means that in order to open a position, the initial margin is one hundred times less than the transactions size. 10.2. The leverage policy of the Company is taking into account many factors that affect the leverage that the Company can provide to its retail Clients and is constructed as follows: 10.3. The maximum default leverage for all Clients is set to 1:100 (default). However, the Company gives to the Clients the option, if they choose to change the default to a higher leverage. This is enabled only via a client directed basis. 10.4. If a Client does not pass the appropriateness test of the Company (i.e. if not enough experienced in the CFDs trading), the default leverage will come into effect, and no option of changing the leverage can be applied in the next six months. However, it is in the Company’s discretion, upon the client’s request via email or any other means, to change the leverage of a Client that did not pass the appropriateness test, provided that the client is actively trading during the last three months and conducted at least 50 trades during this period, confirmed that he understood the risks involved in trading margin products and that he/she obtained the relevant experience needed to trade in this market. 10.5. The Company shall ensure that the maximum loss for its Clients at any point in time never exceeds the clients’ available funds (negative balance protection), regardless of the level of the leverage provided. 10.6. The maximum leverage provided to the Company’s retail clients, depends on the asset class, including, but not limited to, liquidity and trading volumes, volatility and standard deviation, market cap, hedging capabilities, and the general economic climate and geopolitical events. All existing instruments that the Company makes available for trading to its retail clients are very liquid and the maximum leverages provided on these instruments are based among others on the recommendations and availability of our Liquidity Providers that we cooperate with. 10.7. In addition, internal risk management controls and assessments based on the capital base of the Company are considered taken into account of how much will be the maximummaximum leverage provided to the retail Clients. The Company provides the following maximum levels of leverage to its retail Clients: a) Maximum leverage for forex pairs is … 1: 100500 b) Maximum leverage for metals is … 1:1001:500 c) Maximum leverage for indices is … 1:100 d) Maximum leverage for CFDs shares is … 1:50 e) The minimum leverage for all the above financial instruments is set to 1:1 10.810.7. The Client has the right to request to change his/her account leverage at any time during his relationship with the Company, provided that the Company is taking into account the outcome of the appropriateness test. The Company has the right, at its absolute discretion, to modify at any time Client Account leverage without Client’s consent, either permanently or for a limited period of time - for reasons including but not limited to, the Client’s deposit amount or exposure on a single instrument - by informing the Client through written notice sent either by regular mail or email.

Appears in 1 contract

Sources: Client Agreement

Leverage. 10.1. 10.1 Leverage is the ratio in respect of transaction size and initial margin i.e. i.e., 1:100 ratio means that in order to open a position, the initial margin is one hundred times less than the transactions transaction size. 10.2. 10.2 The leverage policy of the Company is taking into account considering many factors that affect the leverage that the Company can provide to its retail Clients and is constructed as follows: 10.3. 10.3 The maximum default leverage for all Clients is set to 1:100 (default). However, the Company gives to the Clients the option, if they option to choose to change the default to a higher leverage. This is enabled only via a client directed basis. 10.4. 10.4 If a Client does not pass the appropriateness test of the Company (i.e. i.e., if not enough experienced in the CFDs trading), the default leverage will come into effect, and no option of changing the leverage can be applied in the next six months. However, it is in the Company’s discretion, upon the client’s request via email or any other means, to change the leverage of a Client that did not pass the appropriateness test, provided that the client is actively trading during the last three months and conducted at least 50 trades during this period, confirmed that he understood the risks involved in trading margin products and that he/she obtained the relevant experience needed to trade in this market. 10.5. The Company shall ensure that the maximum loss for its Clients at any point in time never exceeds the clients’ available funds (negative balance protection), regardless of the level of the leverage provided. 10.6. 10.6 The maximum leverage provided to the Company’s retail clients, depends on the asset class, including, but not limited to, liquidity and trading volumes, volatility and standard deviation, market cap, hedging capabilities, and the general economic climate and geopolitical events. All existing instruments that the Company makes available for trading to its retail clients are very liquid and the maximum leverages provided on these instruments are based among others on the recommendations and availability of our Liquidity Providers that we cooperate the Company cooperates with. 10.7. In addition, internal risk management controls and assessments based on the capital base of the Company are taken considered when calculating the maximum leverage provided to retail Clients. The Company currently provides the following maximum levels of how much will be the maximumleverage to its retail Clients: (a) Maximum leverage for forex pairs is ... 1: 100 500 (b) Maximum leverage for metals is … 1:100... 1:500 (c) Maximum leverage for indices is ... 1:100 d) The minimum leverage for all the above financial instruments is set to 1:1 10.8. The Client has the right to request to change his/her account leverage at any time during his relationship with the Company, provided that the Company is taking into account the outcome of the appropriateness test. The Company has the right, at its absolute discretion, to modify at any time Client Account leverage without Client’s consent, either permanently or for a limited period of time - for reasons including but not limited to, the Client’s deposit amount or exposure on a single instrument - by informing the Client through written notice sent either by regular mail or email.

Appears in 1 contract

Sources: Clients Trading Agreement

Leverage. 10.1. 10.1 Leverage is the ratio in respect of transaction size and initial margin i.e. i.e., 1:100 ratio means that in order to open a position, the initial margin is one hundred times less than the transactions transaction size. 10.2. 10.2 The leverage policy of the Company is taking into account considering many factors that affect the leverage that the Company can provide to its retail Clients and is constructed as follows: 10.3. 10.3 The maximum default leverage for all Clients is set to 1:100 (default). However, the Company gives to the Clients the option, if they option to choose to change the default to a higher leverage. This is enabled only via a client directed basis. 10.4. 10.4 If a Client does not pass the appropriateness test of the Company (i.e. i.e., if not enough experienced in the CFDs trading), the default leverage will come into effect, and no option of changing the leverage can be applied in the next six months. However, it is in the Company’s discretion, upon the client’s request via email or any other means, to change the leverage of a Client that did not pass the appropriateness test, provided that the client is actively trading during the last three months and conducted at least 50 trades during this period, confirmed that he understood the risks involved in trading margin products and that he/she obtained the relevant experience needed to trade in this market. 10.5. The Company shall ensure that the maximum loss for its Clients at any point in time never exceeds the clients’ available funds (negative balance protection), regardless of the level of the leverage provided. 10.6. 10.6 The maximum leverage provided to the Company’s retail clients, depends on the asset class, including, but not limited to, liquidity and trading volumes, volatility and standard deviation, market cap, hedging capabilities, and the general economic climate and geopolitical events. All existing instruments that the Company makes available for trading to its retail clients are very liquid and the maximum leverages provided on these instruments are based among others on the recommendations and availability of our Liquidity Providers that we cooperate with. 10.7. In addition, internal risk management controls and assessments based on the capital base of the Company are considered of how much will be the maximummaximum leverage provided to the retail Clients. The Company currently provides the following maximum levels of leverage to its retail Clients: (a) Maximum leverage for forex pairs is ... 1: 100 500 (b) Maximum leverage for metals is … 1:100... 1:500 (c) Maximum leverage for indices is ... 1:100 d) The minimum leverage for all the above financial instruments is set to 1:1 10.8. The Client has the right to request to change his/her account leverage at any time during his relationship with the Company, provided that the Company is taking into account the outcome of the appropriateness test. The Company has the right, at its absolute discretion, to modify at any time Client Account leverage without Client’s consent, either permanently or for a limited period of time - for reasons including but not limited to, the Client’s deposit amount or exposure on a single instrument - by informing the Client through written notice sent either by regular mail or email.

Appears in 1 contract

Sources: Clients Trading Agreement