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JFD fully protects you under the new ESMA regulations

In line with the new ESMA regulations, we would like to confirm that on Tuesday 31st July 2018 several major changes to our trading specifications will take effect:

1. Maximum Leverage:

  • 1:30 for major currency pairs (comprising any two of the following currencies: USD, EUR, JPY, GBP, CAD and CHF).
  • 1:20 for non-major currency pairs, XAUUSD and for major indices (UK 100, France 40, German 30, US Dow Jones, US 500, US Nasdaq, Japan 225, Australia 200, Euro 50).
  • 1:10 for commodities and non-major indices.
  • 1:5 for stocks.
  • 1:2 for cryptocurrencies.

2. Margin Call out and Stop out levels:

  • Margin Call – 100%
  • Stop Out – 50%

After careful evaluation, we have decided to lower both levels to facilitate your trading and provide you with more flexibility in response to the restrictions imposed by ESMA.

It is recommended that you review the settings of EAs running in your account or closely monitor its equity to ensure that there are sufficient funds to sustain the new margin requirements and avoid any unexpected situations.

Please note that the above listed changes do not apply for those of you who are categorised as “professional” clients or hold an investment account with JFD. If you would like to be categorised as a “professional” client, you can apply within your My JFD profile. Click here to log into My JFD and start the process.

To get a complete overview of all changes, please refer to our Contract SpecificationsClient Agreement and Leverage Policy which will be updated on our website as of 31stJuly 2018.

Should you have any questions, do not hesitate to contact our multilingual Customer Support who are available 24/5.