Go professional with Libertex! 5 primary questions about new ESMA policy

The new ESMA policy comes to force on July, 30. The act affects trading terms for such leveraged products as CFDs

What does it mean for retail traders?

  • Limited multiplier
  • Restriction on access to specific products

What does it mean for professional Libertex traders?

  • Up to x600 multiplier
  • Access to over 200 instruments
  • Negative balance protection

What is the multiplier?

Limited leverage

Asset classLeverage limit
FX Majors30
FX Minors20
Gold20
Major indicies20
Commodities10
Minor Indices10
Equities5
Crypto2

Multiplier usage example

Balance 2000
Trade number 123 123 123 Total inv.
InstrumentEUR/USDGoldBitcoin
Investment200250100550
Multiplier1005010
Total position20 00012 5001 000
Used margin*666.67625.00500.00
Available to use for open other trades1333.33708.33208.33
*Used margin = Total position * New margin rules

How does it work?

For example, you place a EUR/USD total order 100 000 at price 1.1750. Then:

€500
Your current margin requirement
€3 300
Your margin requirement under new rules
€500
Your margin requrement with a professional account

Are you a Pro trader?

  • Have you traded leveraged derivatives in significant sizes over the last year?

  • Do you have a financial instrument portfolio exceeding €500k?
    A portfolio includes Cash, Stock portfolios, Stocks and shares ISA, Trading accounts, Mutual funds, SIPPs (excluding non-financial instruments), and it does not include Company pensions, Non-tradable assets, Property.

  • Have you worked in the financial sector, in a professional position requiring knowledge of derivatives trading, for at least one year?