Friday, February 13, 2009

Margin Requirements and Policies

GCI's margin requirements are the most advantageous in the industry:
Standard Forex Account: $500 per lot on all instruments. Equivalent to approximately 0.5% margin or 200:1 leverage.
Mini Forex Account: $50 per lot on all instruments. Equivalent to approximately 0.5% margin or 200:1 leverage.
CFD/Share Account: 2% on individual shares, $50 per lot on indices and other instruments. Click here for exact margin requirements on each product.
GCI is able to maintain these low margin requirements by enabling automatic liquidation of positions once a margin call is reached. This policy also provides for the protection of client account balances in the event of rapid price movements.
A margin call is reached if a client's account equity falls below the required margin. For example, in a Standard Forex account, if a client has 10 lots of open positions a margin call will occur if account equity drops below $5,000. At this point, some or all of the client's open positions will be closed immediately at current prices.

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