Margin Requirement Increase Ahead Of Greek Referendum

Margin Requirement Increase Ahead Of Greek Referendum

3 July 2015, 09:58
Matthew Todorovski
0
65

Margin Requirements Increased to 2% for new orders between Friday 12:00 to Monday 02:00.


 
Further to our previous communications regarding the Greek debt crisis and upcoming referendum on Sunday July 5, we would like to advise you of the below:

Following a prudent approach, we have decided to increase margin requirements to 2% for trading the following instruments: 

- Euro crosses 

- G20 currency crosses

- Precious metals

In other words, the available leverage for trading the above instruments will be limited to 1:50. These new margin requirements will only apply to new positions that are placed between Friday, July 3, 2015, 12:00 to Monday, July 6, 2015, 02:00 (server time) unless otherwise advised.

Please do not hesitate to contact us if you have any further questions.
Kind Regards 
FxPro Dealing Desk 
www.FxPro.com