Forex.com hikes EUR pair margins ahead of German elections

Sep 18, 2017 at 13:27
Vistas 373
5 Replies
Miembro desde Dec 11, 2015   posts 1487
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?
Miembro desde Apr 18, 2017   posts 718
Sep 20, 2017 at 06:21
I trade based on my personal trading strategy, no headache on fundamental data!
Miembro desde Apr 18, 2017   posts 920
Sep 21, 2017 at 06:49
Thanks a lot for your info! The link is very much useful!
Miembro desde Feb 12, 2016   posts 427
Sep 21, 2017 at 07:53
Hope that the coalition of Angela Merkel will lose.. and we will earn a lot of profits from the volatile market around the elections :) Good luck!!
Accept the loss as experience
Miembro desde Feb 22, 2011   posts 4862
Sep 21, 2017 at 14:35
Many more brokers do decrease leverage
I hope they at least announce it
Miembro desde Dec 11, 2015   posts 1487
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.
Conectarse / Inscribirse to comment
You must be connected to Myfxbook in order to leave a comment
*El uso comercial y el spam no serán tolerados y pueden resultar en el cierre de la cuenta.
Consejo: Al publicar una imagen o una URL de YouTube, ésta se integrará automáticamente en su mensaje!
Consejo: Escriba el signo @ para completar automáticamente un nombre de usuario que participa en esta discusión.