Considering that our maximum leverage for forex pairs is 1:500, the leverage for pairs with CHF (Swiss Franc) will be reduced from 1:500 to 1:50.
**Should you have selected a lower account leverage than the maximum leverage of 1:500, then the change will be proportionate.**
|CHF Before Leverage Change||CHF After Leverage Change|
This change is due to the information from our leading service provider with regard to margin requirements on CHF pairs. In a bid to protect our clients from potential shock volatility surrounding CHF, the following pairs AUDCHF*, CADCHF*, CHFJPY*, EURCHF*, GBPCHF*, NZDCHF*, USDCHF* margin requirements will decrease to 1:50.
What do you need to know?
This change is effective from 9 PM today August 20th, 2021 (MetaTrader Server Time) until further notice.
With this change taking place it is vital that you review opened positions in any CHF trades you intend to keep open after 9 PM server time. Meaning, in order to protect your capital, it is important that you have enough margin as failure to do so can lead to automatic liquidation.
We apologize for any inconvenience this might cause you, but the safety of our clients is a top priority of ours.