Dear BitForex users,
Due to the spot index pricing of crude has been volatile recently, the MT5 platform adjusted their margin rate of WTI and Brent. As a result, Bitforex MT5 also adjust the margin rate of crude oil as follows:
Margin Requirements: 30% for WTIUSD (US Crude) and 10% for BRNUSD (Brent Crude)
The adjustment is only temporary. Due to the WTI futures markets are not stable, with a strong possibility that there might be further dynamic increases. Please stay tuned to the latest news for the margin requirements for crude oil.
We apologize for the inconvenience and thank you for your support.