New Spreads and Margins
AVA FX is constantly looking for ways to improve our service levels and trader experience.
We are delighted to introduce new lower spreads & margin requirements that will further enhance your
forex trading experience with us.
Please see the below table for a full list of our new & exciting lower spreads on a large number of
Forex pairs & instruments. These following spreads are already effective on our
trading platforms.
| Instrument | Old Spread | New Spread | | AUDNZD | 25 | 15 | | EURNZD | 30 | 20 | | GBPAUD | 15 | 12 | | GBPCAD | 15 | 12 | | EURGBP | 5 | 3 | | AUDCAD | 10 | 9 | | AUDCHF | 10 | 9 | | AUDJPY | 6 | 6 | | CADCHF | 10 | 8 | | CADJPY | 7 | 6 | | CHFJPY | 6 | 5 | | EURAUD | 10 | 8 | | EURCAD | 10 | 9 | | GBPCHF | 8 | 7 | | GBPJPY | 8 | 7 | | NZDCAD | 10 | 8 | | NZDCHF | 10 | 8 | | NZDJPY | 8 | 7 | | USDCAD | 5 | 4 | | USDDKK | 20 | 20 | | USDTRY | 30 | 20 | | EURTRY | 35 | 20 | | Gold | $0.70 | $0.60 | | Silver | $0.07 | $0.05 | | FTSE | £2 over the market | £1 over the market | | CAC40 | €2 over the market | €1 over the market | |
Ava is also introducing margin requirements in percentage for non-FX CFD contracts.
Margin requirement will now be changed to a price specific % value (instead of fixed amount per lot) for each individual instrument. To find out more about our new and improved margin requirements, including detailed explanation, and full list of new margin requirements, please click here .
Margin requirements are now lower for most instruments as a result of this change. However, there are certain instruments where margin requirements are higher. Please make sure you have sufficient margin in your account to maintain your open positions.
Please make sure you go over the complete list of new margins , and that you maintain sufficient margin in your account to maintain these positions.
For more information, and for any related questions, do not hesitate to contact AVA FX Customer Service.
See
below for examples of how NEW % Margin will be calculated:
| Instrument | Old Margin % | New Margin % | | NASDAQ100 | 0.51% | 0.50% | | DJ30 | 0.67% | 0.50% | | S&P500 | 0.62% | 0.50% | | GOLD | 0.77% | 0.50% | | CRUDE | 0.66% | 1.00% | | DAX30 | 1.20% | 2.00% | | CAC40 | 1.54% | 2.00% | | FTSE 100 | 1.45% | 2.00% | | FTSEMIB40 | 1.88% | 2.00% | | SILVER | 0.96% | 2.00% | | Corn | 2.02% | 3.00% | | Wheat | 2.80% | 3.00% | | Soybean | 1.45% | 3.00% | | Coffee C | 1.31% | 3.00% | | Sugar no. 11 | 1.02% | 3.00% | | Cotton no. 2 | 1.57% | 3.00% | | Heating Oil | 1.90% | 2.00% | | Gasoline | 1.30% | 2.00% | | Natural Gas | 2.44% | 2.00% | | HSI | 2.14% | 2.00% | | RUSSELL2000 | 3.12% | 2.00% | | DJ EURO STOXX50 | 1.39% | 2.00% | | IBEX35 | 1.80% | 2.00% | | SMI | 1.25% | 2.00% | | MSCI | 1.05% | 2.00% | | OMX30 | 0.85% | 2.00% | | NIKKEI 225 | 1.36% | 2.00% | | Platinum | 1.87% | 2.00% | | 5 Year US T-Notes | 0.84% | 1.00% | | 10 Year US T-Notes | 0.81% | 1.00% | | 30 Year US T-Bond | 0.77% | 1.00% | | COCA COLA | 10.00% | 5.00% | | MCDONALDS | 10.00% | 5.00% | | EXXON MOBIL | 10.00% | 5.00% | | GENERAL ELECTRIC | 10.00% | 5.00% | | WAL MART | 10.00% | 5.00% | | BANK OF AMERICA | 10.00% | 5.00% | | CITIGROUP | 10.00% | 5.00% | | APPLE | 10.00% | 5.00% | | GOOGLE | 10.00% | 5.00% | | BERKSHIRE HATHAWAY | 10.00% | 5.00% | | WALT DISNEY | 10.00% | 5.00% | | HSBC | 10.00% | 10.00% | | ROYAL DUTCH SHELL-A | 10.00% | 10.00% | | BP | 10.00% | 10.00% | | VODAFONE | 10.00% | 10.00% | | BARCLAYS | 10.00% | 10.00% | | BANCO SANTANDER | 10.00% | 10.00% | | TELEFONICA | 10.00% | 10.00% | | BANCO BILBAO | 10.00% | 10.00% | | IBERDROLA | 10.00% | 10.00% | | REPSOL YPF | 10.00% | 10.00% | | E.ON | 10.00% | 10.00% | | Siemens | 10.00% | 10.00% | | Bayer | 10.00% | 10.00% | | Allianz | 10.00% | 10.00% | | Deutsche Bank | 10.00% | 10.00% | | FRANCE TELECOM | 10.00% | 10.00% | | GDF SUEZ | 10.00% | 10.00% | | SANOFI-AVENTIS | 10.00% | 10.00% | | TOTAL | 10.00% | 10.00% | | ENI | 10.00% | 10.00% | | INTESA SANPAOLO | 10.00% | 10.00% | | UNICREDITO | 10.00% | 10.00% | | GENERALI ASSICURAZIONI | 10.00% | 10.00% | | TELECOM ITALIA | 10.00% | 10.00% | | TEVA | 10.00% | 10.00% | | PERRIGO | 10.00% | 10.00% | | CHECK POINT | 10.00% | 10.00% | | AMDOCS | 10.00% | 10.00% | | POTASH (CANADA) | 5.00% | 5.00% | |
Example 1:
Account base currency: USD
Crude oil rate: $75.46
Margin: 1.0%
Trader buys 1000 barrels of crude.
Margin Required:
1,000 (no. barrels) * 75.46 (price) * 0.010 (% margin) = $754.60.
Example 2:
Account base currency: USD**
S&P500 rate: 1132.50
Margin: 0.5%
EUR/USD: 1.3320
Trader buys 100 indexes of S&P500.
Margin Required:
100 (no. indexes) * 1132.50 (price) * 0.005 (% margin) = $566.25.
** If the base currency of the account is EUR => then this USD amount needs to be converted to EUR:
ie: $566.25 / 1.3320 (EUR/USD rate) = €425.11.
Example 3:
Account base currency: USD
DAX rate: 6229.50
Margin: 2%
EUR/USD: 1.3304
Trader buys 30 indexes of DAX30.
Margin Required:
30 (no. indexes) * 6229.50 (price) * 0.02 (% margin) * 1.3304 (rate) = $4972.63.
Example 4:
Account base currency: EUR
FTSE100 rate: 5520.50
Margin: 2%
EUR/GBP: 0.8517
Client sells 50 indexes of FTSE100.
Margin Required:
50 (no. indexes) * 5520.50 (price) * 0.02 (% margin) / 0.8517 (rate) = €6481.74.
***All margins are based on the current market rates of the instruments