Dear TeleTrade clients,
Please be informed that starting Monday, February 14th, 2022 ("Effective Date"), margin requirements for the below CFDs on Cryptocurrencies for professional clients will change as follows:
ADAUSD. - 50% (1:2)
BCHUSD. - 50% (1:2)
XLMUSD. - 50% (1:2)
BTCUSD. - 25% (1:4)
ETHUSD. - 25% (1:4)
LTCUSD. - 25% (1:4)
XRPUSD. - 25% (1:4)
As the above information may influence your trading on these instruments, including your open positions, we encourage you to trade responsibly by monitoring and adjusting your positions as you deem appropriate or by making sure that your account is sufficiently funded to support any significant changes within the trading conditions.
We advise you to visit once again the Risk Disclosure Statement available on our website.
The TeleTrade Team
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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. 75.72% 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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