EXANTE slashes leverage to 20:1 and lower for all Forex pairs

Malta based multi-asset brokerage firm EXANTE is joining the latest trend of highly reducing leverage on select currency pairs. However, EXANTE goes even further in this case by increasing margin requirements across the board on all FX, even major currencies. No word from the company whether this is a temporary predicament or a permanent change. The latest release from the company relays the following:

On February 5^th 2015 EXANTE is introducing new FX margin requirements for the following selected currencies:

CHF       15%

CNH       15%

CZK          7%

DKK        10%

HKD        15%

HUF          8%

RUB        17%

TRY        10%

ZAR          8%

All other    5%