Dear TeleTrade Customers,
In accordance with our risk management procedures, we will be increasing the margin requirements from for CFD on YNDX (Yandex NV) from 10% to 40%. The changes will be implemented on Thursday, June 25th, 2020 (the “Effective Date”).
As the above mentioned may influence your trading portfolio as a whole, including your open positions, we encourage you to trade responsibly by monitoring and adjusting your positions in this instrument as you deem appropriate or by making sure that your account is sufficiently funded to support this change.
We advise you to visit once again the Risk Disclosure Statement, available on our website.
We wish to take this opportunity to thank you for your valuable business with us.
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Risk Warning: Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.94% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Prior to trading, you should take into consideration your level of experience and financial situation. TeleTrade strives to provide you with all the necessary information and protective measures, but, if the risks seem still unclear to you, please seek independent advice.
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Teletrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and is licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.
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