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:
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.
+248 28 150 60 / +248 28 150 70