markets to trade
Please be advised of the following changes to the crypto products below, effective from 24 September 2022.
Adjustment to contract size
|Symbol||Description||Contract Size Adjustment||Effective Date|
|BCHUSD||Bitcoin Cash to USD||1 → 10||24 September 2022|
|ALGUSD||Algorand to USD||1000 → 10,000|
|XRPUSD||Ripple to USD||1000 → 10,000|
|ADAUSD||Cardano to USD||1000 → 10,000|
|LTCUSD||Litecoin to USD||10 → 100|
Do you need to do anything?
We would like to ask that you adjust your existing open positions to reflect the new contract size requirements.
What happens on 24 September 2022?
Any existing odd-sized positions (which are less than 0.1 lot) will be closed or rounded down to the nearest valid volume at the closing price on 23 September 2022.
Client A: Client A holds 0.05 lots of BCHUSD/ALGUSD/XRPUSD/ADAUSD/LTCUSD, which is smaller than the minimum volume requirement of 0.1 lot. Therefore, Client A will have to close the position by 24 September 2022. Otherwise, Vantage will close Client A’s position at the closing price on EOD of 23 September 2022.
Client B: Client B holds 3.28 lots of BCHUSD/ALGUSD/XRPUSD/ADAUSD/LTCUSD. Client B will have to partially close the 0.08 lots of BCHUSD/ALGUSD/XRPUSD/ADAUSD/LTCUSD held by 24 September 2022. Otherwise, Vantage will partially close Client B’s position at the closing price on EOD of 23 September 2022 and round the size down to 0.32 lot.
Client C: Client C holds 20 lots of BCHUSD/ALGUSD/XRPUSD/ADAUSD/LTCUSD. Client C does not need to close or adjust the position before 24 September 2022.
We apologies for any inconvenience caused.
If you have any questions about these changes, or require assistance, please do not hesitate to contact [email protected].
Choose an account type and submit your application.
Fund your account using a wide range of funding methods.
Access 1000+ CFD instruments across all asset types on MT4 / MT5.
That's it. Welcome to the world of trading!open live account
Vantage is a global, multi-asset broker offering clients access to a nimble and powerful service for trading CFDs on Forex, Commodities, Indices, Shares.
With more than 10 years of market experience and headquartered in Sydney, Vantage now has over 1,000 staff across more than 30 global offices.
Vantage is more than a broker. It provides a trusted trading ecosystem that enables clients to achieve their own success, in a faster and simpler manner.
Be empowered to better capitalise on winning market opportunities when you trade smarter @vantage.
+44 2080 363 883
Port Vila, Vanuatu
National Australia Bank
(NAB) & Commonwealth
Bank of Australia (CBA)