Forex.com hikes EUR pair margins ahead of German elections

Sep 18, 2017 at 13:27
Vues 370
5 Replies
Membre depuis 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?
Membre depuis Apr 18, 2017   posts 718
Sep 20, 2017 at 06:21
I trade based on my personal trading strategy, no headache on fundamental data!
Membre depuis Apr 18, 2017   posts 920
Sep 21, 2017 at 06:49
Thanks a lot for your info! The link is very much useful!
Membre depuis 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
Membre depuis Feb 22, 2011   posts 4862
Sep 21, 2017 at 14:35
Many more brokers do decrease leverage
I hope they at least announce it
Membre depuis 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.
Se connecter / S’inscrire to comment
You must be connected to Myfxbook in order to leave a comment
*Lutilisation commerciale et le spam ne seront pas tolérés et peuvent entraîner la fermeture du compte.
Conseil : Poster une image/une url YouTube sera automatiquement intégrée dans votre message!
Conseil : Tapez le signe @ pour compléter automatiquement un nom dutilisateur participant à cette discussion.