Most global banks have recently lowered the leverage on exotic FX pairs

March 26, 2015

This is mainly because of unexpected higher volatility and ongoing monetary policy actions by central banks around the world. In the light of these circumstances Tickmill lowered the leverage to 1:10 on the following FX pairs:

USDNOK   EURSEK   GBPZAR
EURCZK    EURTRY   USDDKK
EURDKK   GBPDKK   USDMXN
EURMXN   GBPNOK   USDPLN
EURNOK   GBPTRY   USDZAR

And starting from Sunday, March 29, 2015 before market open leverage will be lowered also to this list of currency pairs:

EURHUF   GBPPLN
EURPLN   GBPSEK
EURZAR   USDCZK
GBPCZK   USDSEK
GBPHUF   USDTRY

Clients who have open positions in these FX pairs should consider the impact of the leverage reduction and make sure their accounts are fully funded to avoid margin calls and stopout procedures.

If you have any questions, please contact our customer support.
support@tickmill.com
+248 28 150 60 / +248 28 150 70

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