Forex.com hikes EUR pair margins ahead of German elections
Sep 18, 2017 at 13:27
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5 Replies
Member Since Dec 11, 2015
1487 posts
Sep 18, 2017 at 13:27
Forex.com, one of the retail forex brokerages of Gain Capital, announced it is temporarily increasing the margin requirements on the EUR forex pairs in order to protect its clients from potential market volatility around the upcoming general elections in Germany.(https://www.forexbrokerz.com/news/Forexcom-hikes-EUR-pair-margins-ahead-of-German-elections)
Even though the outcome of the elections appears predetermined with a stable lead of the ruling coalition of Angela Merkel, a surprise is never impossible and it could affect the markets and the Euro rate significantly.
Are there any other brokers planning to do that?
Even though the outcome of the elections appears predetermined with a stable lead of the ruling coalition of Angela Merkel, a surprise is never impossible and it could affect the markets and the Euro rate significantly.
Are there any other brokers planning to do that?
Member Since Feb 22, 2011
4862 posts
Sep 21, 2017 at 14:35
Many more brokers do decrease leverage
I hope they at least announce it
I hope they at least announce it
Member Since Dec 11, 2015
1487 posts
Sep 22, 2017 at 15:38
XM and FxPro have also hiked their margins before the elections. (https://www.forexbrokerz.com/news/FxPro-also-hikes-margin-requirements-ahead-of-German-elections)
FxPro even announced that in cases of extreme volatility and lack of liquidity, they may also refuse the opening of new positions, enabling ‘Close Only’ functionality.
FxPro even announced that in cases of extreme volatility and lack of liquidity, they may also refuse the opening of new positions, enabling ‘Close Only’ functionality.
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