Go professional with Libertex! 5 primary questions about the new ESMA policy
The new ESMA policy comes into force on July 30, 2018. The act affects trading terms for leveraged products, such as CFDs.
Implications for retail traders
- Limited multiplier
- Restriction on access to specific products
Implications for professional Libertex traders
- Up to x600 multiplier
- Access to over 200 instruments
- Negative balance protection
What is the multiplier?
|Asset class||Leverage limit|
Multiplier usage example
|Trade number||123||123||123||Total inv.|
|Total position||20 000||12 500||1 000|
|Available to use for open other trades||1333.33||708.33||208.33|
How does it work?
For example, you place a EUR/USD total order 100,000 at the price of 1.1750. Then:
What should you be aware of?
Professional Clients enjoy a lower level of protection as compared to Retail Clients. You can find additional information about Protection Rights in Paragraph 7 of the Client Categorizational Policy.
Are you a pro trader?
Have you traded leveraged derivatives in significant sizes over the last year?
Have you worked in the financial sector or in a professional position requiring knowledge of derivatives trading, for at least one year?