November 07, 2016 BY LeapRate Staff
Taking no chances: NFA lowers max leverage on GBP pairs to 20x
LeapRate Exclusive... LeapRate has learned that US financial regulatory body the National Futures Association (NFA) has issued a directive to all licensed forex brokers in the country, indicating that they must cut leverage and raise margin requirements on all GBP currency pairs. The new required minimum margin on both new trades and existing positions is…
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