Contracts for difference are products that are traded using brokerage leverage. This means that a trader needs only a fraction of the total value of a transaction to conduct it.
For example, if the margin call for CFDs on Apple shares is 5%, then you can trade at 1:20 leverage and, for example, buy $20,000 worth of Apple shares using only $ 1,000 in margin call.
Margin call shows what amount you must have in your trading account to maintain open positions.
Some types of trading instruments are subject to floating margin calls. With an increase in trading volumes, the brokerage leverage remains fixed for opening new trading positions.
Margin call depends on the total volume of positions for each group of instruments. The minimum margin for a group of instruments depends on the brokerage leverage set on the client's account.
The volume of the aggregate position for a group of instruments is recalculated at current prices every time a transaction is executed. For Esperio cent accounts, the range calculation is appropriate and denominated in cents.
Floating credit leverage is only valid for the trading instruments in the table below. Fixed margin calls apply to cryptocurrency CFDs and stock CFDs.
ForexCFD on metalsCFD on energy resourcesCFD on indexCFD US StocksCFD EU StocksCFD on cryptocurrencies
Cumulative position
Position in lots (Lot = 100 000)
Maximum leverage
Min. Margin
0 - 200,000
~0 - 1.99
1:1000
0.1%
200,000 - 1,000,000
~2 - 9.99
1:500
0.2%
1,000,000 - 2,000,000
~10-19.99
1:200
0.5%
2,000,000 - 4,000,000
~20 - 39.99
1:100
1.0%
4,000,000 - 10,000,000
~40 - 99.99
1:50
2.0%
More than 10,000,000
More than 100
1:25
4.0%
Cumulative position
Position in lots (for XAUUSD at 1340 price)
Maximum leverage
Min. Margin
0 - 5,000,000
0 ˜37.5
1:100
1.00%
5,000,000 - 10,000,000
˜37.5 - ˜75
1:50
2.00%
More than 10,000,000
More than 75
1:25
4.00%
Cumulative position
Position in lots (for USCrude at 65 price)
Maximum leverage
Min. Margin
0 - 1,000,000
0 - 0.15
1:100
1.00%
1,000,000 - 5,000,000
˜150 - ˜76
1:50
2.00%
5,000,000 - 10,000,000
˜76 - ˜149
1:25
4.00%
More than 10,000,000
More than ˜149
1:10
10.00%
Cumulative position
Position in lots (form US30 at 26200 price)
Maximum leverage
Min. Margin
0 - 1,000,000
0 - ˜3.82
1:100
1.00%
1,000,000 - 2,000,000
˜3.83 - ˜7.63
1:50
2.00%
2,000,000 - 5,000,000
˜7.64 - ˜19.1
1:25
4.00%
More than 5,000,000
More than ˜19.2
1:10
10.00%
Cumulative position
Position in lots
Margin
100 000
0,01
20%
Cumulative position
Position in lots
Margin
100 000
0,01
50%
Cumulative position
Position in lots
Margin
1
0,01
10%
During the bank rollover period (23:59:00 - 00:05:00 on the trading terminal), there is a significant widening of spreads due to low liquidity.
The actual margin for each instrument depends on the individual settings of your trading account.
Notice:
The spread value for currency pairs is indicated in the generally accepted format, namely, for five-digit quotes, 1 pip is the fourth decimal place (0.0001), for three-digit quotes - the second decimal place (0.01).
The spread is displayed with a delay and is not guaranteed by Esperio. Swap information is updated daily at 23:50 MetaTrader time.
The accrual of swaps starts at 23:59:00 according to the trading terminal time, that is, it is possible from the last minute of the day.
The amount of swaps is indicated in pips and is determined by the accuracy of the instrument. For example, for the EUR / USD pair, 1 pip is equal to 0.00001.