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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Important notice--Adjustment of Oil futures contracts

05 May, 2020

Adjustment of Oil futures contracts

Important notice

Adjustment of Oil futures contracts

 

Dear client

 

Due to a major crunch in the liquidity and pricing volatility of oil, the following changes will be implemented at various dates

 




1) Oil futures CFD will only be set to close existing trades only. Opening a new oil futures position will not be allowed. This will
take effect immediately until further notice.
Latest update as of 19July 2020- Normal trading of USOil futures has been resumed 
and UKOil futures trading will resume on 29 July 2020

 

2) Leverage on USOIL and UKOIL  futures contract will be adjusted to 10 times  with effect from Friday 08 May 2020 market open (please make sure your account is well funded to support your open positions and potential leverage reduction on your account)

 

 

Please do not hesitate to reach us at support@cwgmarkets.co.uk   or call us at +44(0)2039471777 for any clarification.

 

 Good Luck and Good Trading!

 

 Kind regards,

 Client Services Team

 CWG Markets