Dukascopy eases Covid-related CFD leverage restrictions

Source: FNG Gerald Segal 2020-06-12

Switzerland based retail FX broker Dukascopy has announced the rollback of a number of restrictions it put in place back in March, as financial markets became more volatile in the wake of the Covid-19 crisis.

Dukascopy said that considering the gradual markets stabilization after the most stressed period of COVID-related turbulence in recent months, it is now easing the restrictive margin requirements introduced on certain instruments previously.

BRENT.CMD/USD – Leverage increases from 1:10 to 1:30
LIGHT.CMD/USD – Leverage increases from 1:5 to 1:30
DIESEL.CMD/USD – Leverage increases from 1:10 to 1:30
GAS.CMD/USD – Leverage increases from 1:10 to 1:30
CFDs on Indexes – Leverage increases from 1:30 to 1:50
XAU/USD – Leverage increases from 1:30 to 1:100
XAG/USD – Leverage increases from 1:30 to 1:50

The updated leverage values are entering into force with immediate effect.

Dukascopy had also earlier announced that it is temporarily reducing max leverage on gas commodity CFDs (GAS.CMD/USD) to 1:10. That restriction is also removed.

The company said that over-the-weekend policy conditions for JForex accounts remain unchanged. Further adjustments of margin requirements might be made later, following the development of the situation on the markets.

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Dukascopy eases Covid-related CFD leverage restrictions

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