Dear clients, We remind you, that the 2020 United States Presidential election is scheduled for Tuesday, November 3, 2020. The upcoming event may result in volatility spikes and lead to an increase in trading risks. In this regard, from 2 to 8 November 2020, the margin requirements will be changed as follows:
-margin requirements for Forex instruments will be increased 5 times (margin percentage 500)*
-margin requirements for Metals instruments will be increased to 3% (margin percentage 3)
-margin requirements for Commodities and Indices instruments will be increased to 5% (margin percentage 5)
-margin requirements for CFD Shares (US, RU, UK, DE) instruments will be increased to 50% (margin percentage 50).
Company reserves the right to introduce further changes into trading terms depending on the market situation. Please, take them into consideration when planning your trades. Good luck in your trading! *Margin for the Forex instruments is calculated by the formula: lot size * contract size / leverage * margin percentage. This means that if the margin percentage is increased from 100% to 500%, the necessary margin to hold the position will increase by 5 times regardless of the leverage set on the client’s trading account.