A higher margin requirement is set during some key events and specific time periods, which impact the general volatility of the market.

The HMR period can be extended based on risk management decisions depending on each news’ impact.

Higher margin requirements are applied to new orders or orders reopened as a result of other closed positions during:

News releases
Weekends and public holidays
Rollovers

News releases

When important economic news is published that involves a trading instrument, orders opened 15 minutes before and 5 minutes after the news release will have higher margin requirements applied.This mitigates a trader's exposure to the risk of price instability during economic events. 5 minutes after the news release, higher margin requirements are lifted, and the margin is recalculated based on the equity of the trading account and its set leverage. You can find out when major economic news is due for release on our Economic calendar.

Rollovers, Weekends and public holidays

Some trading instruments are subject to trading breaks during the weekends and public holidays. Also, all instruments have a rollover time. Higher margin requirements are applied to these instruments during this period.

HMR period

Find HMR period for all events, which impact the general volatility in the list below.

News releases

Symbols	Time Before / After News	Leverage During News
Forex	15 min / 5 min	1:200
XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAGUSD, XAGEUR, XAUJPY	15 min / 5 min	1:200
XNGUSD	15 min / 5 min	1:50
EU indices	15 min / 5 min	1:50
US indices	15 min / 5 min	1:100
ES35, JP225, AU200	15 min / 5 min	1:50
BTCUSD, BTCEUR, BTCGBP, BTCJPY, ETHUSD, BTCXAU	15 min / 5 min	1:200

Rollovers

Symbols	Rollover Window (GMT+3)	Leverage During Rollover
Forex	23:30 – 01:00	1:200
XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAGUSD, XAGEUR, XAUJPY	23:30 – 01:10	1:50
BRENT	22:54 – 03:15	1:20
WTI	20:45 – 01:15	1:20
US indices	19:55 – 01:40	1:100
EU indices	22:25 – 10:10	1:30
JP225, HK50, CHA50, SG20	22:25 – 02:40	1:50
AU200	19:55 – 01:05	1:50
UK100	22:25 – 10:10	1:30
US Shares	22:25 – 16:55	1:5
BTCXAU	22:30 – 00:06	1:50

Weekends and public holidays

Symbols	Weekend Rollover Window (GMT+3)	Leverage During Rollover
Forex	23:30 – 01:05	1:200
XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAGUSD, XAGEUR, XAUJPY	21:58 – 01:20	1:50
BRENT	12:54 – 03:15	1:20
WTI	18:45 – 01:15	1:20
XNGUSD	22:45 – 01:15	1:20
US indices	19:55 – 01:40	1:100
EU indices	20:00 – 10:10	1:30
JP225	21:00 – 02:45	1:50
AU200	19:55 – 01:05	1:50
US Shares	20:45 – 16:55	1:5
BTCXAU	19:00 – 00:50	1:50

How to check HMR schedule in MetaTrader

On the daily basis we send the HMR schedule in MetaTrader terminal. Follow this steps to check the schedule:

Open your MetaTrader desktop terminal and login to your JustMarkets trading account
Go to Mailbox in the bottom of the terminal
Find 'High Margin Requirements schedule' from JustMarkets email.
Each message will include the date, time and for which instruments the leverage is going to be reduced. The leverage during the HMR period is also indicated in the for your consideration.

How to Check HMR Status in the JustMarkets Trading App

In the JustMarkets Trading App, the High Margin Requirements (HMR) status is a key feature designed to notify traders when certain financial instruments require a higher margin than usual. Understanding when the HMR period is active is crucial for managing your risk and optimizing your trading strategy. Here’s how you can check whether an HMR period is active or inactive:

In the Trade Section

When HMR is active for a financial instrument, a red HMR icon will appear next to it in the Trade section of the app. This icon is a clear indicator that higher margin requirements are in effect for that specific instrument.

Active HMR Icon (Red):
If you see a red HMR icon next to a financial instrument, it means the instrument is currently under a High Margin Requirement period. You should be aware that during this time, leverage is reduced, and more margin is required for trading.
Inactive HMR Icon:
Once the HMR period ends, the red icon will disappear from the Trade section, signaling that standard margin requirements have been restored.

On the Chart

On the Chart, you’ll find detailed information about the margin requirements for specific financial instruments:

Inactive HMR Icon (Grey):
If the HMR period isn’t active for a particular instrument, a gray HMR icon will be displayed next to the instrument’s name. This gray icon is inactive and indicates that the instrument is currently under normal margin conditions.
Active HMR Icon (Red):
If the HMR period is active for an instrument, the icon will turn red and active, signifying that higher margin requirements are in place.

Provided Information on HMR Status

By tapping the HMR icon (either in the Trade or Instruments section), traders can access additional crucial information regarding the HMR status, including:

HMR Status (Active/Inactive): The app will display whether the HMR period is currently active or inactive.
Start Time and Date of the Next HMR Period: Traders can view the exact time and date when the next HMR period will begin, allowing them to prepare for higher margin requirements.
End Time of the Current HMR Period: The app provides the scheduled end time for the current HMR period, helping you know when standard margin requirements will resume.
Maximum Leverage Available During the HMR Period: During an HMR period, the maximum leverage available is reduced. By tapping the HMR icon, traders can view the specific leverage cap that applies during the active period.

HMR Examples

Example 1

HMR during news release

News release of Personal Consumption Expenditure Core (YoY) are planned at 12:30

Client opens a trade on USDJPY 1 lot (where maximum leverage is 3000) at 12:27
According to HMR rules between 12:15 and 12:35 (HMR period), any new orders opened on Forex majors will have a margin held at an HMR leverage of 1:200.

Hence required margin for the trade USDJPY 1 lot is:
Required margin (HMR) = 1 x 100,000USD/200 = 500 USD instead of 33.33 USD (if there are no any news releases and other HMR cases).

Example 2

HMR during rollover

Rollover time 00:00

Client opens a trade on XAUUSD 0.5 lot (where maximum leverage is 3000) at 23:56
According to HMR rules between 23:30 and 23:59 (HMR period), any new orders opened on XAUUSD will have a margin held at an HMR leverage of 1:200.

Hence required margin for the trade XAUUSD 0.5 lot is:
XAUUSD contract size = 100
XAUUSD price = 1,933.50

Required margin (HMR) = 0.5 x 100 x 1,933.5/200 = 483.37 USD instead of 32.23 USD.