Broker RoboForex has informed its clients that trading conditions for some account types will be changed.
The changes will be effective on October 9.
ProCent account:
- Stop Out value: set at a margin level of 30%.
- Maximum order volume: lots of 1,000 cents.
The broker notes that larger positions opened before these changes come into effect will remain open until closed by the client or Stop Out. At the same time, orders to open new positions with volumes exceeding 1,000 cent lots will be rejected.
In addition, all pending orders in excess of 1,000 cent lots that existed prior to the start of trading on October 9, 2023, will be canceled.
Investor account positions resulting from the CopyFX system's copy function will still be able to be opened with lot sizes up to 10,000 cents.
Pro accounts:
- Stop Out value: set at a margin level of 40%.
ECN Accounts:
- Stop Out value: set at a margin level of 50%.
RoboForex asks its users to take this information into account when planning their trading activities.
The broker started its operations in 2009 and provides services in financial markets in 169 countries. Today, RoboForex is one of the leading software developers in the Forex industry.
Read also: AMarkets added to the list of its awards.
