Based on an announcement on the official Alpari website, this broker, over 20 years old, will change the rules for applying leverage and make margin requirements uniform for all account types. The limit for each leverage limit on account types with market execution will be limited, while the leverage value will not be changed.

Leverage Limit Based on Trading Volume

What needs to be paid attention to in this change in leverage requirements is the Notional Value, namely the size of the trade that can be opened using a certain leverage. An example of its application to Major pairs is as follows:

Previously, to use leverage of 1:1000 and floating margin of 0.1%, the Notional Value was 0-5,000,000 USD.

Now, 1:1000 leverage and 0.1% floating margin can only be used for a maximum trade size of 700,000 USD.

For your information, the Alpari broker provides leverage ranging from 1:3 to 1:1000 with varying margin requirements. Traders can still enjoy leverage of 1:1000 by paying attention to the new requirements that apply. 

The following is the implementation schedule for these changes:

• Starting May 1 2019, this applies to demo.ecn.mt4, demo.pro.ecn.mt4, and demo.ecn.mt5 accounts.
• Starting May 13, 2019, applied to ecn.mt4, pro.ecn.mt4, and ecn.mt5 accounts.

With these changes, broker Alpari urges its traders to consider the existing changes when planning trading. Apart from that, traders must also ensure that the current trading equity is sufficient to protect open positions.

Traders who want to open lots with a value above 700,000 USD can use leverage of 1:500 or less. Alpari's official announcement shows complete information regarding the new trading conditions.