Vantage lowers US share CFD leverage to 20:1 during earnings season
Retail FX and CFDs broker Vantage has announced that due to the high market volatility during the earnings season, the leverage for US Shares CFDs will be adjusted as per the following:
Symbols Effected | Schedule | Leverage | Effective Date |
All US share CFDs | Before Earning Season | 33:1 | 16 January 2023 |
During Earning Season | 20:1 | ||
After Earning Season | 33:1 |
Vantage noted that ASIC/FCA retail clients are not affected by the change.
The company noted that earnings season is expected to begin around mid-January and run through the end of February. An additional notification with regards to the change of leverage upon the end of season will be forwarded subsequently.