Many forex brokers have raised minimum margin requirements allowing less leverage in client trading leading up to the Brexit vote. So did Saxo Bank. Now, few weeks later after Saxo Bank, as of 14:00 BST on 6 July 2016, reinstates default margin rates, given that market conditions have stabilised after the uncertainty posed by the UK's referendum…
Read moreASIC regulated retail forex broker Vantage FX has announced that it is now easing trading restrictions back to normal conditions across a range of Forex currency pairs and Indices markets. Vantage FX took a very conservative approach to Brexit for it and its clients, raising margin requirements and also initiating Close-Only status for a number of…
Read moreAfter deciding to keep increased margin requirements in place over the weekend, CySEC regulated retail forex broker CFI Markets has issued a note to clients, indicating that it is now easing margin requirements on certain currency pairs and financial instruments. The note sent by CFI Markets to clients (and the table indicating new margin levels) reads as…
Read moreGeneva based retail forex broker Dukascopy Bank has announced that it is removing leverage restrictions instituted last week, and returning trading to normal conditions. However Dukascopy is maintaining position limits on certain GBP and EUR based indices. Dukascopy issued the following notice today: [divide] Special Brexit Leverage restrictions are lifted Dukascopy Group is pleased to announce…
Read moreAs we continue our coverage of the changes to trading conditions among Retail Forex and CFD brokers in the post Brexit vote environment, LeapRate has learned that FCA regulated Hantec Markets has re-hiked max leverage levels back up to 25:1 (or 4% margin requirement). Hantec - which normally allows leverage of between 100x and 200x for its…
Read moreASIC regulated retail forex broker Vantage FX has announced that it will keep in place the higher margin requirements it put place in several steps leading up to last week's UK Brexit referendum. However Vantage FX did remove the Close-Only trading status it assigned to several GBP and EUR currency pairs soon before the vote…
Read moreThe Brexit vote might now be behind us, but the uncertainty in the currency and financial markets is just beginning. Continuing a trend we have seen across the Forex Broker universe, FCA regulated Hantec Markets has announced that as of 15:00 London time Friday it will be further cutting leverage in all client trading accounts.…
Read moreGeneva based retail forex broker Dukascopy Bank has announced that it will be extending its leverage limits offered to currency traders, in the wake of yesterday's pro-Leave Brexit vote, and the volatility in financial markets which has ensued. Dukascopy has also put in place position limits for clients. The leverage and position limits will remain…
Read moreMirroring the Brexit vote itself, it seems as though two camps are emerging among Retail Forex brokers and their approach to handling the increased volatility around this Thursday's Brexit referendum in the UK. The majority of brokers have indeed decided to cut leverage from normal levels, requiring more margin from clients on both new and…
Read moreLeading Australia-based retail forex broker AxiTrader has posted changes to the trading conditions on GBP currency pairs and certain other financial instruments, ahead of this Thursday's Brexit referendum in the UK. As predicted by many market analysts, each new poll and change in expected outcome of the very-close race is causing a lot of volatility…
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