ASIC has released the following regulatory updates, and it has been effective since 29 March 2021.
The below changes have been applied to retail clients only.
30:1 for a major currency pairs
20:1 for minor currency pairs, gold or a major stock market index
10:1 for commodities (other than gold) or a minor stock market index
2:1 for crypto-assets
5:1 for shares or other assets
Margin Close-out Protection
Margin close out levels will be set at 50% of equity.
Negative Balance Protection
Restrictions on inducements