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Forex broker Admiral Markets will significantly change trading conditions from March 28th. This including different spreads, leverage levels and other changes.

Here is more information from the official press release:

From the session opening Monday March 28 2016, Admiral Markets CFDs on indices and commodities will be more:

  1. accessible, via reduced margin requirements and contract size
  2. cost effective, via reduced spreads.

Leverage enhancements
The leverage rate on most popular indices, commodities and CHF currency pairs will scale up to 1:200, making these instruments more accessible for our traders.

Contract size specifications
A number of popular index CFDs from Admiral Markets product list, will be given the minimal contract sizes available. This makes these instruments more accessible and allows the trader to more effectively manage personal trading accounts.

Spread reductions
A number of index and commodity CFDs may also get significant spread reductions, which would reduce a trader’s spread related costs.

Further changes
To provide the above-noted improvements, Admiral Markets will need to make liquidity pool changes and will therefore be updating its:

  • trading hours on several instruments.
  • current swap rates and measure units.