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You are here: Forex Broker CashBack » Forex Broker News » Important Notice: New Product ...

Forex Broker News

You can find and read the latest news and press releases from all of our partner brokers here.

Clients of AxiTrader now have access to Equity Index CFD's, Commodity CFD's and to their Pro Account Service on the MT4 Trading Platform.

Their range of popular Equity Index CFD's include markets from Europe, Asia and United States.



Pro Accounts Are Now Available

AxiTrader Pro account service offers clients a commission based pricing option with reduced bid-offer spreads.

Commissions are charged in the Account Currency and are based on the number of standard contracts bought or sold in each transaction. In the case of a fraction of a contract, the Commission is charged on a pro-rata basis.



Standard Account

No commissions are charged on transactions executed in AxiTrader Standard Accounts.

Change in Initial Margin Requirements

Effective close of business on 8 June, 2015 AxiTrader's initial margin system for currencies will be changed.

As each currency pair has its own particular liquidity, volatility and differing political and economic risks, Their initial margining system needs to adapt and reflect the underlying market conditions.

The immediate impact for clients who trade some currency pairs will be an increase in initial margin requirements. This means that the portion of your account balance allocated to a particular trade will now be a better reflection of the currency's risk.

The new initial margin requirements will apply to all open transactions from close of business on 8 June, 2015.

All clients are advised to ensure they have enough Equity in their accounts to meet the new requirements and avoid any unnecessary liquidation of positions.



Full Contract Specifications & Margin Requirements

Please ensure you review the full list of tradable products in our Product Schedule.

New Clients

You can open an AxiTrader account here.