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

Publication source
Tickmill information  Tickmill reviews

December 8, 2016
Orbex #TradeFit Campaign Gets a New Spin This December
Orbex, an innovative leader in online forex trading, recommits to another year of CrossFit Limassol sponsorship and is confirmed as the main sponsor of the flagship athletic event of Cyprus, WodWars Europe Competition, which will be held December 10-11...
December 8, 2016
FXCM integrates algo trading platform QuantConnect
Leading US forex brokerage FXCM announced on Monday it has launched Live Trading Integration with algorithmic trading platform QuantConnect, which is cloud-based. At present, only the broker’s US clients are able to use this service...
December 7, 2016
One Million Forex World Championship - Round 7 Has Started
With only 6 more rounds left until the finish, XM One Million Dollar Forex World Championship has just reached its halfway point with more than 50,000 contestants having joined in since June. Round 7 has already started, offering traders the chance to join and compete for considerable cash prizes...

Grand Capital Rating
Trade360 Rating
HotForex Rating
Vantage FX Rating
FOREX.com Rating
FBS Rating

IQ Option Rating
Beeoptions Rating
Binary Brokerz Rating
TopOption Rating
Porter Finance Rating
OptionFair Rating