Aayush Jindal
Introducing Weekend Trading and 100x Leverage for Cryptocurrencies!
From the 13th April our Cryptocurrency CFD trading services will be greatly enhanced. Cryptocurrency products will be tradable 24 hours a day, 7 days a week, 365 days a year* on an increased maximum leverage of 100. (*rollover and break times apply. subject to market conditions/holidays)
The increased leverage, from a previous maximum of 20:1 to a new maximum of 100:1, combined with the expanded trading hours to include weekends, will provide you with greater opportunities to effectively trade Cryptocurrency markets and take advantage of their volatility!
Previous 5 Day product margin calculation example(with 1:20 max leverage) | New 7 Days product margin calculation example(with 1:100 max leverage) |
A BTCUSD-5Day trade with a market price of 23,000 USD, contract size of 1, and 1 lot traded. = Lots * Contract Size * Market Price * Margin Percentage / 100 = 1 (Lot) * 1 * 23,000 * 5 / 100 = 1,150 USD | A BTCUSD trade with a market price of 23,000 USD, contract size of 1, and 1 lot traded. = Lots * Contract Size * Market Price * Margin Percentage / 100 = 1 (Lot) * 1 * 23,000 * 1 / 100 = 230 USD |
To allow for these enhancements, the existing products with the ‘-5Day’ suffix in the symbol name will be switched to ‘close-only’. If you would like to take advantage of these new features, please open new positions on the new symbol names that don’t have the ‘-5Day’ suffix.
《Example》
BTCUSD: New symbol name (100x leverage available, weekend trading enabled)
BTCUSD-5Day: Old symbol name (close only, no weekend trading enabled)
BTCUSD-m: Same symbol name, better conditions will apply to existing positions (micro accounts)
If you have any questions, please feel free to contact our Customer Support team at any time.
Titan FX Team
