Due to the high volatility in the oil market, FXFlat will make the following changes for all account types (Standard, Professional Plus and Classic) after the market close on April 28, 2020:
- The margin requirement for the CFDs BRENT and BRENTm is adjusted to 15%
- If the price falls below $ 5, CFDs are set to "Close only". Only with a further increase to above $ 10, the products will be tradable as usual
- In the event that the price reaches $ 0 or less, open positions will be closed. Closures with negative prices are offset on the trading accounts
- This does not affect the regulation regarding the obligation to make additional payments to CFDs
We are happy to answer any questions.