


Dear KVB Futures Clients,
To effectively manage market volatility risks and ensure the safety of your trading activities, KVB Futures will implement a Higher Margin Requirement (HMR) policy for specific instruments during designated periods.
HMR Implementation Periods (MT Time GMT+3)
• Monday to Thursday: 22:00 – 01:30
• Friday to Monday: 21:00 – 01:30
Noted: Summer Session is (GMT+3) and Winter Session (GMT+2)
During the specified HMR periods, any new net positions (including newly opened positions and net exposure resulting from unlocking hedged positions) will be subject to the HMR policy. The actual trading leverage for these positions will be proportionally reduced.
Affected Instruments and HMR Multipliers
| Instrument | Symbol | HMR Multiplier | Margin per Lot |
|---|---|---|---|
| Gold | XAUUSD | 7.5x | 3000 |
| Silver | XAGUSD | 5x | 4000 |
Note: For example, an HMR multiplier of 7.5x means the margin requirement for the new net position will be increased by 7.5 times from the original margin, effectively reducing the leverage to approximately 1/7.5 of the original level.
Risk Reminder
Please closely monitor your available margin and Margin Level during the HMR periods. If you plan to trade affected instruments or unlock hedged positions during these periods, ensure sufficient funds are available in your account to avoid unexpected liquidation due to sudden margin requirement increases.
If you have any questions, please contact our customer service or email us at [email protected].
Best regards,
KVB Futures

