Forex.com hikes EUR pair margins ahead of German elections

Sep 18, 2017 at 13:27
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5 Replies
Biedrs kopš   1487 ieraksti
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?
Biedrs kopš   718 ieraksti
Sep 20, 2017 at 06:21
I trade based on my personal trading strategy, no headache on fundamental data!
Biedrs kopš   920 ieraksti
Sep 21, 2017 at 06:49
Thanks a lot for your info! The link is very much useful!
Biedrs kopš   427 ieraksti
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
Biedrs kopš   4862 ieraksti
Sep 21, 2017 at 14:35
Many more brokers do decrease leverage
I hope they at least announce it
Biedrs kopš   1487 ieraksti
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.
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