Pepperstone Updates Margin Requirements for Traders Using MT4/MT5

Pepperstone, a multi-regulated forex and CFDs broker, is bringing major changes in its trading conditions, especially in the margin requirements. As per an email sent to its European clients, the brokerage retail traders will need to hold 50 percent of the hedged portions for any instruments.

However, the changes are only for the traders using MetaTrader 4 and MetaTrader 5 accounts and will come into effect from June 5.

“We’re changing the margin requirements for hedged positions on our MT4 and MT5 platforms,” the email stated. “As a retail customer, you will be required to post a margin of 50% on the hedged portion of any instrument.”

The broker was clear that traders using the cTrader Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term will not face any such changes.

“For cTrader, there will be no change to your current trading conditions, where total margin requirements are equal to the maximum margin requirements, for all positions of the relevant instrument symbol,” Pepperstone added.

Strengthening Its Global Operations

Headquartered in Melbourne, Australia, Pepperstone offers trading services with forex, stocks, commodities and a few other asset classes as well. Additionally, it is well-regulated, holding several regulatory licenses. In fact, it is one of the few brokers with regulated operations in Kenya.

After Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Read this Term, the broker ensured the continuation of its European operations by gaining two licenses, one from the Cyprus Securities and Exchange Commission (CySEC) and the other from Germany’s BaFin.

Though Pepperstone is updating the margin requirement terms for the clients onboarded under the UK’s Financial Conduct Authority (FCA), it is not known if the broker is doing the same for clients under other entities too.