No information yet. They have used the word “temporary” in recent communications.
My gut is telling me quite soon. As they state themselves, the market conditions have changed in their eyes already and have only instigated the change to 75 stocks. If I had to put money on it, i’d say it may be back to normal by next week. Just guesstimates though, no solid idea as yet.
I really hope so. Having compared 5 brokers, XTB came closest when it comes to interface and ease of access in my opinion. But still nothing compared to T212. I really miss it…
The CFD broker business is competitive, so Trading 212 probably want to compete with the terms of other brokers. I noticed that IG has 20% margin on most stocks, but on Cineword 33% to 75% depending on the size of the position. I wonder if they increased that, but without all the prior discussion that has happened on Trading 212.
On TSLA the margin also goes from 20% to 75% depending on position size. Nio starts at 25% and also goes to 75%. They seem to have different margins for different stocks and vary margin by position size. At 75% margin you may as well just buy the stock, so it is much like capping the size of positions.
Are more stocks getting their leverage decreased to 1:2 or only the 75 ones?
The last statement from Trading 212 said it was just the 75.
That’s weird because they applied 1:2 leverage on today’s IPOs.
SGTX
YQ
SBTX
SEER
Oh, actually, there was a post about the IPOs being at the lower leverage. I was just thinking about the stocks we were expecting to have their margins changed on Tuesday.
@David can you please let us know when you think that the leverage will be reset to 1:5?
Is 1:2 leverage even available yet on the popular stocks, e.g. Tesla?
At leats lower the rates! we pay huge rates! this is just beyond crazy. You borrow less but you pay more…
@UVIRE only if you hold without end which is what these changes were aimed at preventing. just take your profits and reinvest in another opportunity.
The CFD trading conditions are subject to changes. They are based on our current risk evaluation and the maximum exposure requirements we adhere to as a regulated company. That applies especially to the maximum trading quantities.
We cannot provide a time frame regarding the leverage getting back to 1:5 for the most popular stock CFDs.
What about the most popular stocks being available at 1:2?
@Rumen What about IPOs?
Are you going to drop the rates as well? We are being charge to keep our positions opne as if it’s still 1:5 leverage. We pay more for borrowing less it’s kind of unfair I wouldn’t mind to pay these rates but at least give us back 1:5 so I can make more money