our margin requirements will be back to normal again on Monday, 14 th November 2016 due to the market conditions have stabilized after US election.
Due to possible increase in volatility, including possibilities of significant price gaps and periods of illiquidity ahead of the US Election on 8th November 2016 and in order to protect our beloved MRG Forex customers from volatility spikes, please be informed that our margin requirements will be temporarily increased. Additional margin increases may be implemented should volatility continue to grow.
Please note that new margin requirements will affect both EXISTING and NEW positions. Make sure you have enough available margin / equity for the days leading up to and during the US Presidential Election.
We would also like to stress that Stop Loss orders are not guaranteed to be filled at your order level: Stop orders are converted to Market orders once triggered, and dislocations in available liquidity could result in significant slippage on Stop orders.
This new margin requirements will valid starting 7th November and will remain in force until further notice.
Temporary Margin Requirements US Election :
Premium & Sharia
- Forex : $1,500 per lot
- GOLD : $2,000 per lot
- DJ : $3,000 per lot
- SP : $6,000 per lot
- NQ : $6,000 per lot
- Crude Oil : $4,000 per lot
Basic Account
- Forex : $600 per lot
- GOLD : $800 per lot
- DJ : $3,000 per lot
- SP : $6,000 per lot
- NQ : $6,000 per lot
- Crude Oil : $4,000 per lot