CHANGE IN TRADING CONDITIONS DUE TO GERMAN FEDERAL ELECTIONS
Please be aware that margin requirements on all trading platforms will change due to the German federal elections. The following changes will be applied from 00:00 EEST Friday 22 September 2017 until 00:00 EEST Tuesday 26 September 2017:
Leverage will be lowered to 1:200 on currency pairs, 1:100 on metals, 1:20 on oil and 1:5 on DAX. These measures will be implemented to reduce the risk for our clients during this period of high volatility.
The results of these elections will have a drastic effect on the euro. High volatility is expected before and during the announcement of the election results. Running up to the elections, the main currencies (USD, GBP and CHF) have been experiencing substantial stress and pressure. Please take that into consideration during your trading sessions.
We advise you to pay attention to this market volatility during the election period. If you decide to keep your positions open during this period, we strongly recommend you maintain the required balance in order to avoid stop-outs. We apologise for any inconvenience.
If you have any questions or require assistance, please do not hesitate to contact our Customer Support team.
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