Temporary change in trading conditions

Jun 21, 2016

Dear clients,

June 23, 2016 Great Britain will hold a referendum concerning membership in the European Union. Due to this event, starting June 22, 12:00 GMT+3, margin requirements will be increased regarding all EUR and GBP related currency pairs.

The following changes will be introduced in order to protect clients from high volatillity:
1) As for EUR/USD, EUR/JPY, EUR/NOK, EUR/SEK, EUR/CAD, EUR/AUD and EUR/NZD, leverage will be reduced by half from the current values (50% reduction);

2) EUR/CHF leverage will remain unchanged;

3) As for GBP/USD, EUR/GBP, GBP/JPY, GBP/CAD, GBP/AUD and GBP/NZD leverage will be reduced by 4 times from the current values (75% reduction);4) As for GBP/CHF and GBP/RUR, leverage will be reduced by 4 times from the current values if total account funds exceed USD 200 000 (75% reduction).

You will receive additional notification on limitations removal. We recommend you to check your current accounts parameters and to be prepared for potential margin growth.

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Risk Warning: Trading CFDs and other speculative products, such as rolling spot forex, is risky and can result in the loss of your entire invested capital. Trading in such complex products might not be appropriate or suitable for you. In any case, please ensure that you understand the risks involved and do not invest more than you can afford to lose. Read full Risk Warning of Alfa-Forex here.

Risk Warning: Trading CFDs and other speculative products, such as rolling spot forex, is risky and can result in the loss of your entire invested capital. Trading in such complex products might not be appropriate or suitable for you. In any case, please ensure that you understand the risks involved and do not invest more than you can afford to lose. Read full Risk Warning of Alfa-Forex here.

Risk Warning: Trading CFDs and other speculative products, such as rolling spot forex, is risky and can result in the loss of your entire invested capital. Read full Risk Warning of Alfa-Forex here.