We would like to inform you that margin requirements for Silver have been modified due to the recent increase in market volatility. The margin requirements on symbol XAGUSD (Silver) will increase from 1% to 5% effective immediately until further notice. In case of any changes, we preserve the right to increase margin requirements if needed.
(XAG/USD-Silver Price x Lots x Contract Size x 5%)
For example, if you have an open position of 4 lots of XAG/USD, you would be charged a margin of (29.48 x 4 x 5000 x 1%) =$ 5,896 . If you open the same position today you would be charged a margin of (29.48 x 4 x 5000 x 5%) = $29,480
For inquiries about your account, please do not hesitate to contact our 24/7 customer support.
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