Dear Clients and Partners,
Due to the uncertain economic situation of Greece, we wish to inform you that at 17:00 GMT/UTC on Friday, 3 July 2015 (i.e. five (5) hours before the market closes) the leverage will be set to 1:100 thus increasing the margin requirement to 1%.
Please note that the change in margin requirements will affect both new and already-open transactions in all currency pairs. This measure is intended to reduce your trading risk in case of high volatility at market opening.
In addition, within 3 hours after market opening (i.e. by 00:00 GMT/UTC on Monday, 6 July 2015) the margin requirements will be readjusted in accordance with the leverage previously used by the Client and the current balance of funds in the account.
Please take all the aforementioned information into consideration whilst making your trading decisions.
Should you have any further questions regarding the margin requirement change, please feel free to contact us via email at email@example.com or via Live Chat.Publication source