Author Archive: FXOptimax PR

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May

5

[UPDATE] Margin Requirement Adjustments Prior To French Presidential Election

Anticipating the French Presidential Election over the weekend, FXOptimax has raised the margin requirement for several EUR and GBP pairs as explained in the following table. These adjustments are just temporary until further notice.

Pair Margin Requirement Adjustment
EUR/USD 500%
EUR/JPY 500%
EUR/GBP 500%
EUR/AUD 1000%
EUR/CAD 1000%
EUR/NZD 1000%
GBP/USD 500%
GBP/JPY 500%
GBP/AUD 800%
GBP/CAD 800%
GBP/NZD 800%

Please plan your trades carefully following these adjustments.

Jan

9

FXOptimax Will Adjust Pro Account Commission On January 16th, 2017

FXOptimax will adjust the commission for Pro Account to USD 7 per lot for easier calculation. Instead of per currency denomination, the commission is now calculated in USD for all pairs.

It will be applied on January 16th, 2017. Please manage your trades to prior to this adjustment.

Nov

7

Leverage Adjustment to Anticipate November 8th US Election

US Presidential Election will be held on November 8th 2016 and the uncertainties surrounding the election may affect the forex market.

FXOptimax will take any required measurement such as decreasing the trading leverage between November 8th to 11th to anticipate the market volatility, in response to the election outcome or the entire election process.

FXOptimax will post any adjustment in the news section, please monitor and plan your trades carefully during this week.

Jul

4

Margin Requirements for EURJPY and GBP/JPY Have Been Reverted to Normal

FXOptimax has reverted the margin requirements for EUR/JPY and GBP/JPY to normal.

Several pairs still have adjusted margin requirements. Please see the following details:

Pair Margin Requirement Adjustment (of normal)
EUR/GBP 12x
EUR/AUD 8x
EUR/CAD 8x
EUR/NZD 8x
GBP/AUD 12x
GBP/CAD 12x
GBP/NZD 12x
NZD/JPY 10x
CAD/JPY 10x
AUD/JPY 10x

Jun

16

Margin Requirement Adjustment Summary for June 16th 2016

FXOptimax has adjusted the margin requirements for several pairs on June 16th 2016. Please see the following details:

Pair Margin Requirement Adjustment (of normal)
GBP/USD 2x
GBP/JPY 3x
EUR/GBP 2x
EUR/JPY 3x
EUR/USD 2x

Jun

14

Brexit Margin Requirement Adjustments Starting From June 15th 2016

FXOptimax will gradually increase the margin requirements for all account types and all trading pairs, starting from Wednesday, June 15th 2016. Please learn the schedule below and adjust your trading strategies carefully following these changes.

  • Wednesday, June 15th 2016 : Margin requirements will be twice as normal.
  • Thursday, June 16th 2016 : Margin requirements will be 5 times as normal.
  • Friday, June 17th 2016 : Margin requirements will be 10 times as normal.
  • Monday, June 20th 2016 : Margin requirements will be 20 times as normal.
  • Tuesday, June 21st 2016 : Margin requirements will be 40 times as normal.

The margin requirements will be reverted to normal when market reopens on Monday, June 27th 2016, but it will depend to the market reaction. Should the volatility remains, we will act accordingly and announce any future changes in our website.

Please carefully manage your trades during the next 2 weeks as high volatility is expected and please monitor the news update on FXOptimax website and personal area for any adjustment in trading conditions.

Please feel free to contact our livechat support or email us at [email protected] if you need further information regarding Brexit adjustments.

Jun

13

Brexit Trading Adjustments Notification

UK’s EU Referendum, or commonly known as Brexit, will be held on June 23rd, 2016. Volatile market is expected as investors and traders are growing uncertain regarding the poll result.

FXOptimax will take any necessary adjustment on trading conditions to minimize the risk such as widening the spread or increasing the margin requirements. The measurement may be implemented from June 14th to 25th and FXOptimax will announce each adjustment through our website.

Please feel free to contact us at [email protected] if you have further concern for this issue.

Apr

4

FXOptimax Updates Terms And Conditions For 50% Deposit Bonus Promotion

FXOptimax updates several terms and conditions for currently active 50% deposit bonus promotion. The changes applies for both new bonus claims and existing bonus. Here are the complete new terms and conditions, the changes are shown in bold.

Terms and Condition

  • Trader can claim 50% bonus in 1 MT4 at the same time, in accordance to the deposit amount, as explained below:
    Bonus Amount
    Minimum Deposit
    Required Volume
    Promotion Code
    $25 $50 12.5 lots USD25DP
    $50 $100 25 lots USD50DP
    $100 $200 50 lots USD100DP
    $200 $400 100 lots USD200DP
    $300 $600 150 lots USD300DP
    $400 $800 200 lots USD400DP
    $500 $1000 250 lots USD500DP
    $800 $1600 400 lots USD800DP
    $1000 $2000 500 lots USD1000DP
    $2000 $4000 1000 lots USD2000DP
    $5000 $10000 2500 lots USD5000DP
  • Only verified account is eligible.
  • Available for 4 digits and 5 digits Precision Pricing accounts, one MT4 at the same time for each trader.
  • Promotion is available for deposits made on April 4th, 2016 onwards.
  • IB will get rebates from accounts with bonus.
  • Deposits from the other MT4s or rebates are ineligible.
  • Bonus request will be rejected if free margin is less than the bonus.
  • Client may reclaim another bonus if the previous bonus has been withdrawn or cancelled.
  • This terms and conditions will be applied to the previous deposit bonus.

 

Transferring Bonus to Balance

  • Client may request to transfer the bonus to trading balance if the required trading volume specified in above table has been reached. Please email us at [email protected] to request a bonus transfer.
  • The minimum free margin while requesting must be greater than the bonus.
  • Total trading volume is calculated since the bonus is credited.
  • Bonus can be transferred if all orders have been closed.

 

Withdrawal Rules

  • Client may withdraw all the balance any time.
  • Bonus will be canceled if equity after withdrawal is less than twice of the bonus.

 

Bonus Cancellation

  • Bonus will be canceled if equity drops to specified amount as explained below:
    Bonus Amount
    Equity Threshold
    $25 – $200 No bonus cancellation
    $300 – $1000 Equity is less than 50% of the bonus
    (i.e. $1000 bonus will be voided at $500)
    $2000 – $5000 Equity is less than 80% of the bonus
    (i.e. $5000 bonus will be voided at $4000)
  • Client may request to cancel the bonus anytime.
  • Participation of related parties to this promotion participant, such as families, person or entity, whose account is controlled by the same client or having similar, partially same or entirely same data, are prohibited. FXOptimax reserves the right to disqualify the participation of these parties, cancel all orders, profit and bonus in suspected accounts.
  • Any indication or suspicion of fraudulent attempt, manipulation, abusive or any other act with a lack of good faith towards FXOptimax will result in bonus cancellation.
  • FXOptimax reserves the right to reject bonus request or cancel any credited bonus in a certain condition, without explaining the reason. Please manage your strategy carefully regarding this clause.
  • FXOptimax reserves the right to update, cancel or end this promotion, with prior notification through FXOptimax website or medias.

Feb

22

Get 50% Bonus for Deposit

FXOptimax provides up to 50% bonus for each deposit to MT4. To learn about the bonus term and condition, please click here.

The previous 20% deposit bonus and $5000 loyalty bonus has been ended. For clients with active 20% deposit bonus, the new terms and conditions for 50% deposit bonus will be applied. Client may request bonus transfer once the required trading volume since the bonus was credited has been reached (The total lot size must reach half of the total bonus). The 20% deposit bonus will be canceled if the equity drops below the credited bonus.

Feb

15

FXOptimax Provides Bigger Commissions for Partners

FXOptimax is now providing bigger commissions than ever for partners, to appreciate your effort. All partners are now able to earn up to 2 pips commission from clients’ trades, based on the active clients number, while the spreads applied for clients are still the same.

For further details on the partnership levels, please see the table here.