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Abstract:Vantage, a retail FX and CFDs broker, has stated that due to significant market volatility during results season, the leverage for US Shares CFDs would be modified.
Vantage, a retail FX and CFDs broker, has stated that due to significant market volatility during results season, the leverage for US Shares CFDs would be modified as follows:
Symbols Effected | Schedule | Leverage | Effective Date |
Before Earning Season | 33:1 | ||
All US Share CFDs | During Earning Season | 20:1 | 16 January 2023 |
After Earning Season | 33:1 |
The adjustment does not impact ASIC/FCA retail customers, according to Vantage.
The earnings season is likely to begin in mid-January and go through the end of February, according to the firm. Following that, an extra communication about the change in leverage at the conclusion of the season will be issued.
Vantage on WikiFX
About Vantage FX
Vantage FX is a firm that offers foreign currency (forex) trading services online. The firm was established in 2009 and is based in Sydney, Australia. Vantage FX provides a variety of trading platforms and account types to meet the demands of various traders, including MetaTrader 4 and a custom web-based platform. Vantage FX provides trading in commodities, indices, and cryptocurrencies in addition to forex. The Australian Securities and Investments Commission (ASIC) regulates it, and it possesses an Australian Financial Services License. Before trading with Vantage FX or any other firm, like with any investment, it is critical to do extensive research and carefully assess the dangers.
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Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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