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Gerchik&Co is a unique project created by a single person who, being a professional money manager and trader with impeccable reputation, ended up creating a team of such valued professionals, along with a brokerage company.

May 10, 2019 in 13:38

MARGIN REQUIREMENTS REGARDING CURRENCY PAIRS TO BE INCREASED

DEAR CUSTOMERS!

We hereby inform that the margin requirements regarding certain trading instruments shall be changed from 100 % to 150 % starting from May 27, 2019. Accordingly, the leverage for them will be reduced by 1.5 times in terms of all account types.

Also, please note that the said changes will only affect the currency pairs listed below, namely:
AUD/SEK; EUR/HUF; NOK/SEK; USD/CZK; USD/ZAR; AUD/SGD; EUR/MXN; NZD/SGD; USD/DKK; ZAR/JPY; CAD/JPY; EUR/SGD; SEK/JPY; USD/HUF; CHF/PLN; GBP/ZAR; SGD/JPY; USD/NOK; CHF/SGD; NOK/JPY; USD/CNH; USD/RUB

BELOW ARE SOME RECOMMENDATIONS FOR YOU TO FOLLOW:
1. Make sure that you have sufficient funds on your account to ensure margin on open positions.
2. Change or close open positions, adjust or cancel the pending orders if necessary.

Sincerely, Gerchik & Co

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MARGIN REQUIREMENTS REGARDING CURRENCY PAIRS TO BE INCREASED