Change in trading conditions due to Brexit discussion
Please be aware that margin requirements on all trading platforms will change due to the British parliamentary discussion on Brexit. The following changes will be applied from 12.00 A.M. EEST Tuesday, 2 April 2019 until 11.59 P.M. EEST Friday, 5 April 2019 (the term may be extended):
The marginal requirement multiplier will be raised from 1 to 2.5 for all currency pairs that include GBP. This will practically mean that if you apply 1:500 leverage for these currency pairs, it will be lowered to 1:200; if you apply 1:50 leverage for these currency pair, it will be lowered to 1:20, and so on.
These measures will be implemented to reduce the risk for our clients during this period of high volatility. We advise you to pay attention to this market volatility during the market fluctuation. If you decide to keep your positions open during this period, we strongly recommend you maintain the required balance in order to avoid stop outs.
We apologise for any inconvenience. If you have any questions or require assistance, please do not hesitate to contact our Customer Support team. Thanks for choosing OctaFX as your favourite Forex broker!