We’re pleased to announce an exciting update for our valued traders. Starting Monday, December 2nd, at 17:00 server time, CXM introduces a new tiered-leverage structure for cryptocurrency trading on the MT5 platform. This innovative update enables clients to maximize their potential with:
- 100:1 leverage on major cryptocurrency pairs: BTCUSD, ETHUSD, LTCUSD, SOLUSD, and BCHUSD.
- 20:1 leverage on all other cryptocurrency instruments.
This new structure is based on each client's account's Net-Open-Position (NOP), offering competitive leverage while promoting responsible trading.
How It Works
- Initial Trades: Enjoy the full leverage of 100:1 or 20:1 based on the instrument
- Higher NOP Margin Requirements: For trades exceeding one lot per cryptocurrency, subsequent trades will have a reduced leverage of 10:1
For example:
If your BTCUSD NOP exceeds one lot, the margin requirement for risk-adding trades on BTCUSD will reflect leverage of 10:1. However, your initial trades remain unaffected.
SWAP CHARGES
While CXM offers swap-free trading, trades held longer than a week may be flagged for swaps. Our cryptocurrency swap rate is -30% per annum, applied regardless of direction.
Example Calculation:
- Market Price of BTCUSD: $96,000
- Per Annum Swap Charge: $28,800 ($96,000 x 0.3)
- Daily Swap Charge: $80 ($28,800 ÷ 360 days)
TRADING IN GOOD FAITH
At CXM, we uphold the market's integrity and ensure fair trading conditions. Abuse or attempts to exploit our policies will result in withholding or terminating the leverage offering and blocking accounts found in violation.
Examples of bad faith behavior include:
- Intentional exploitation of terms of execution or software limitations.
- Aggressive use of proprietary systems for asymmetric profit-taking.
Why Trade Crypto with CXM?
- Tiered-Leverage Flexibility: Up to 100:1 on key pairs.
- Risk Management: Ensuring responsible and fair trading.
- Transparent Policies: Supporting traders at every step.
- Additionally, we offer 24/7 trading, reduced spreads, and Instant withdrawals.
Start your cryptocurrency trading journey with CXM today!
