Changes in trading conditions due to political instability in the UK
Dear clients!
We remind you, that political turmoil over the Brexit deal may result in volatility spikes and significant widening of spreads.
To provide additional protection of client funds, AMarkets will alter its margin requirements for all types of accounts in MetaTrader 4, MetaTrader 5 and xStation platforms in the period from January 15, 2019 (00:00 server time) to January 17, 2019, included. The following changes will occur:
- margin requirements for GBP will be increased by 5 times (500% margin);*
- margin requirements for UK100, GER30, EU50, FRA40, ITA40 CFDs will be increased by 5 times (5% margin).
Also, in the period from January 15, 2019 to January 17, 2019 the maximum leverage will be changed from 1:1000 to 1:500.
AMarkets reserves the right to make further changes to the trading conditions depending on the situation in the market. The above-mentioned changes will apply to both current and newly opened positions. Please, take this into consideration when planning your trades.
We wish you successful trading!
* Margin for Forex instruments is calculated by the formula: lot size * contract size / leverage * required margin percentage. This means that if the percentage margin level 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.
