FxPro to increase margin requirement due to Brexit Referendum Poll

June 14, 2016

Important changed margin requirement announcement by FxPro.

FxPro to increase margin requirement due to Brexit Referendum Poll

As everyone knows and getting prepared for recent days, FxPro is also increasing “required margin” on GBP currency pairs.

The UK’s Brexit Referendum Poll will be placed on 23th of June, and the extreme high volatility is also expected during the period(before and after the vote).

This “margin increase” announcement is for before the “Brexit Referendum Poll” and FxPro will continue to monitor the market situation and take necessarily actions accordingly.

The margin on GBP will be increased from 17th to 24th June.

Please find the details of the change below.

  • Major currency pairs of GBP to 2% (1:50)
  • Minor currency pairs of GBP to 4% (1:25)
  • Exotic currency pairs including GBP to 8% (1:12.5)
  • All EUR currency pairs to to 1% (1:100)/(EURGBP is not included)
  • European Stock Index CFDs (Spot & Futures) to 5% (1:20)
  • European Stock CFDs to 15%(1:6.66)

In case you are trading these financial instruments with FxPro, you are recommended to re-calculate the margin requirement for your positions, and take necessarily actions accordingly.

FxPro does not take any responsibilities of losses caused by “Stop Out(liquidation)” due to the changed margin requirement.

In the FxPro’s trading system, the “Stop Out” occurs at 20% on MetaTrader4 and 30% on MT5 and cTrader.

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