Starting April 27th, 2015, MTrading Improves the Trading Terms Offered on All its Accounts 2015.04.24

Dear Clients,

April 27th, 2015, MTrading will offer you a renewed lineup of trading accounts with significantly improved trading terms, that will be certainly appreciated either by traders and Introducing Brokers ('IBs').

1. Changes on M.Standard accounts:

  1. The leverage rate of 1:1000 (previously 1:500) and flexible minimum deposit terms will improve the accessibility of the Forex trading for our clients with small deposits; the leverage of 1:1000 will be available for accounts with the balance up to USD 5'000, which means that more traders will be able to benefit from this extremely low margin.
  2. The minimum leverage of 1:200 (previously 1:50) will be certainly appreciated by traders with bigger deposits and in fact, with this new condition our margin requirements will be nearly beyond comparison!
  3. Instead of the floating spread that can be widened whenever the market fluctuates, all clients with M.Standard account will from April 27th get the new pricing with fixed spreads and a higher degree of protection against market volatility; moreover, Our IB rewards will be automatically increased!
  4. Instant non-dealing desk (NDD) execution will be achieved through the connection of M.Standard accounts to our new STP (Straight-through Processing) module, that has been developed in order to increase both order execution quality and customer satisfaction.
  5. Higher leverage of 1:100, (up from 1:50) on indices, gold and silver will increase the accessibility of these popular instruments and the amount of potential gains from margin trading.
  6. The possibility of trading energy CFDs without expirations: futures-based contracts #QM (Lite Sweet Crude Oil) and #QG (Natural Gas) will be replaced with the two spot-based contracts on WTI and NGAS, respectively1.
  7. The Contract size on silver spot CFD (SILVER) will be increased by 10 times, to 5'000 troy oz, allowing clients to trade lot fractions of 0.1 lots2 (previously the contract size on SILVER was 500 troy oz and the minimum trade size was 1.0 lots).

2. Changes on M.Pro accounts:

  1. The maximum leverage of 1:1000 will be made available for accounts with the balance up to USD 5'000 (previously USD 2'000) and the minimum leverage will be set to 1:200 (previously 1:25); these changes will certainly be appreciated by traders with high investment expectations and aggressive trading styles, that seek quick financial gains and require high leverage.
  2. M.Pro accounts will be switched to an improved version of the ECN engine, which will provide access to a deeper liquidity pool combining the inter-bank pricing with orders placed by our clients; this will greatly reduce the spreads, so the minimum spread on major FX pairs will become as low as 0 pips (previously 0.1 pips).
  3. The commission model will be simplified and become more comfortable and transparent: the commission rate for all instruments, including spot metals, will be USD 10 per 1.0 lots round turn; please note that the commission increase is only linked to the improvement of IB rewards and is not going to increase the final costs for traders, because it will be fully compensated by the decrease of the average spread; currently commission is calculated on the volume basis and is equal to 0.002% of the notional trade volume per side.
  4. M.Pro traders will also get the contract size change on the silver spot CFD (XAGUSD-Pro) that will be increased to 5'000 troy oz2 (previously the contract size on XAGUSD-Pro was 1'000 troy oz and the minimum trade size was 1.0 lots).

Additionally, the least traded instruments and instruments with artificial pricing constraints (such as pegs, brackets etc), which can be subject for sudden moves caused by decisions of the respective governments, will be switched to 'Close Only' mode and will not be available for opening new positions. This concerns the following instruments: EURNOK, EURPLN, EURSEK, USDNOK, USDSEK, #WIG20.

According to the strategic development plan, starting from Q2 2015 we will sequentially widen the range of available financial markets and offer new exciting trading opportunities to our clients. We kindly hope that you will appreciate the changes we announced today, as well as all forthcoming improvements. Stay with us and keep an eye on the news section!

Best Regards,
MTrading Team

Notes:

1 Information about all new and existing trading instruments can be found in the Contract Specification section.

2 The volume of open trades and pending orders on the silver spot contract will be recalculated during the MT4 server maintenance on April 25th-26th , as described below:

  • SILVER - the volume will be recalculated using the 1/10 ratio; for example, if you had 1.0 lots on SILVER on Friday close, such position will be converted to 0.1 lots, because the contract size will be changed to 5'000 troy oz (i.e. increased by 10 times from the current 500 oz contract);
  • XAGUSD-Pro - the volume will be recalculated using the 1/5 ratio; for example, if you had 1.0 lots on XAGUSD-Pro on Friday close, such position will be converted to 0.2 lots, because the contract size will be changed to 5'000 troy oz (i.e. increased by 5 times from the current 1'000 oz contract).