ASIC has released the following regulatory updates which will be effective on the 29 March 2021.
Your trading conditions will not change before this date.
The below changes will be 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
Rakuten Securities Australia has been working hard to ensure our systems are ready for the changes.
We will keep you informed with any developments that may affect your trading.
These restrictions will only apply to retail clients.
Check out our Pro Account eligibility here.
If you have any question please do not hesitate to get in touch at email@example.com.