Temporary margin increase due growing tension between North Korea & USA

Aug 14, 2017

In order to protect our clients fund due growing tension between North Korea and USA, we are increasing FX and CFD margin rates starting on Wednesday 16 August 2017 to reduce risk against potential high volatility and rapid movements.

Affected Pairs : Premium & Sharia Basic
USDCAD $1,000 $400
USDCHF $1,000 $400
USDJPY $1,000 $400
EURUSD $1,000 $400
EURAUD $1,000 $400
EURCAD $1,000 $400
EURCHF $1,000 $400
EURJPY $1,000 $400
AUDUSD $1,000 $400
AUDJPY $1,000 $400
AUDNZD $1,000 $400
NZDJPY $1,000 $400
NZDUSD $1,000 $400
CHFJPY $1,000 $400
XAUUSD $1,000 $400

 
Impact to your trades
Please note that new margin requirements will affect both EXISTING and NEW positions. Make sure you have enough available margin / equity for your transaction(s). Additional margin increases may be implemented should volatility continue to grow.

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.

Legal Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.