Traze Cent Trading Account FX and Precious Metals products only
Leverage based on Trading Account Equities
When you trade FX and Gold products on a Traze Cent Trading Account, you may use up to 1:2000 leverage depending on your trading account equity. For risk management purpose, our system will automatically reduce your applicable maximum leverage if any incerases in your trading account equity trigger the system to do so. Your existing trades will be affected by this change. Please refer to the leverage tiers below for more information.
|Trading Account Equity (USD)||Max. Leverage|
Leverage adjustment over weekends and holidays
As part of our risk management system, in order to reduce any unnecessary impact that market volatility may have on clients’ trading account during low volume trading sessions which may move the market, we may reduce Traze Cent Trading Accounts’ FX and precious metals trading leverage to maximum 1:400, normally 1 hour before market close on Friday, and resume back to original leverage level, normally 0.5 hours after entering into the new trading session. This applies to all existing open trades, pending orders and new orders. Similar rules on leverage may also apply during market-moving news releases and holidays subject to announcement.
Leverage adjustment before major economic and market events
As part of our risk management system, in order to reduce any unnecessary impact that market volatility may have on clients’ trading account due to major economic and market events, we may reduce Traze Cent Trading Accounts’ FX and precious metals trading leverage to maximum 1:400, usually 30 minutes prior to the announcement and resume back to original leverage level, normally 10 minutes after the announcement. This applies to all existing positions, pending orders and new orders.