Temporary changes to margin requirements

16 June, 2016

Dear clients,

FIBO Group, following recommendations of the regulator, notifies you about changes to the trading rules, size of margin collateral, and execution of orders due to the referendum on Great Britain's membership in the European Union.

The changes concern MT4 Fixed, MT4 Floating, M4 NDD, and cTrader STP accounts, and will become effective at 00:00 EET on Monday, June 20, 2016.

For MT4 Fixed and MT4 Floating accounts

- 1:50 is the fixed value of the margin collateral for all trading symbols. Please note that the margin collateral will be recalculated for all open positions. In case of discrepancy between the values of margin collateral and the new requirements, positions will be forced closed.

- currency pairs AUD/DKK; AUD/SEK; AUD/ZAR; CAD/CHF; CAD/MXN;CHF/NOK; CHF/SEK; EUR/CZK; EUR/DKK; EUR/HUF; EUR/PLN; EUR/SGD; EUR/ZAR; GBP/DKK; GBP/NOK; GBP/SEK; GBP/SGD; GBP/ZAR; NZD/CHF; SGD/JPY; USD/CZK; USD/HUF; USD/PLN will be switched to Close Only mode. Opening of new positions will be temporarily unavailable.

- for MT4 Fixed and MT4 Floating accounts, S/L orders can be executed with slippage.

For cTrader STP and MT4 NDD accounts

- 1:50 is the fixed value of the margin collateral for all trading symbols. Please note that the margin collateral will be recalculated for all open positions. In case of discrepancy between the values of margin collateral and the new requirements, positions will be forced closed.

Furthermore, starting on June 20, all instruments may be switched to Close Only mode in case of high market volatility. Significant widening of spreads and increased margin requirements are also possible.

Prior to the close of trading on June 17, 2016, we strongly recommend that you bring positions into strict compliance with the new trading conditions.

The end date for the special trading conditions will be announced later.

If you have any questions, please contact the client relations department by phone, online chat on the company's website, in "Private Messages" in the Client Cabinet, or by e-mailsales@fibo.ru

Best regards,
FIBO Group Ltd.


Source link  
New payment system BITPAY

FIBO Group company is glad to announce the implementation of...

FIBO Group launches MT4 web version

We are glad to present to your attention MetaTrader 4 terminal...

New account type: MT4 NDD No Commission

The account operates using the No Dealing Desk technology...


Windows 10 Creators Update

We attract your attention that before installing Windows 10 Creators Update you should save passwords for MetaTrader trading account in a safe place....

Interview with the iPad Air 2 draw winner

During the all last year FIBO Group company was holding iPad Air 2 draw on its official page on Facebook. To participate in it one should have shared the information about the contest...

Improvements in trading terms for CFD's on the German 30 Index

The company FIBO Group has reduced the size of the spread by 2 points for the CFD, which is based on the German 30 index. We are confident that it will make trading more dynamic and profitable. The CFD on the German 30 index is available on the trading accounts MT4 Fixed, MT4 Floating, and on the MT4 NDD now as well...


New trading instruments on MT4 NDD account

FIBO Group company is glad to announce that we added new trading instruments on MT4 NDD accounts. From February 20 11 CFDs on commodities, including CFDs on gold, silver and oil and 8 CFDs on indices became available...

New possibilities with FIBO Group: trading account in gold

FIBO Group is glad to announce that now you can choose gold as a basic currency of your trading account. Gold is one of the most stable actives, so by converting your deposit into GLD you gain confidence and safety from negative factors of economic or political instability...

Analitics in Persian language from FIBO Group

The key to successful trading in Forex is the possibility to employ professional analysis of economic and political news and financial statistics for more precise prognostics of trading instruments price movements...

  


Share: