Changes to Stop/Limit settings for FX and CFD Instruments

Dear trader, 

We will introduce a minor change in our trading terms, which should not affect more than 1% of our clients – however, in our dedication to transparency, we will inform all of you:

Stop Loss & Stop Limit Levels:

Beginning December 6, 2021, the required distance between the current price and new pending stop and limit orders on all FX and CFD instruments, including Take Profit and Stop Loss orders, must be equal to 1 typical spread or greater.

For example:

For the DAX40 CFD you must place a minimum distance of 1 point (or more), and for the EUR/USD, the stop needs a minimum distance of 0.8 pips.

All previously placed pending orders, including Stop Loss and Take Profit orders, are not affected by this change. These shall be executed according to conditions of the order, our Order execution policy, and our terms of service as described on our website.

We would like to emphasize that this change does not affect your ability to close your trades by market orders whenever your trading strategy requires you to do so. This includes circumstances when a position's exit price is under 1 typical spread from the position's open price.

If you are using any Expert Advisors (EAs) or other position management automation tools which could place or modify pending orders near the current market price, please adjust their settings in accordance with this change.

In our pursuit of the best possible offer within regulatory and market conditions, we regularly review our Forex and CFD trading terms across our platforms to ensure that they are well balanced and accurately reflect the prevailing conditions of underlying markets.

If you have any questions about this change or need assistance with your account, please do not hesitate to contact us.

Kind regards,

Admiral Markets