Changes in margin requirements due to BREXIT

10/18/2019

Dear Clients!

Please note that due to the current political and economic situation in the UK and the BREXIT event, the trading conditions for currency pairs with the British pound (EURGBP, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD) will be changed starting from 16:00 EET 18.10.2019.

Margin requirements for these instruments will be increased by 4 times which means that the account leverage for GBP will be decreased by 4 times..

For example, if 1: 100 leverage is set on the DIRECT.MT5 account type the leverage for currency pairs with GBP will be 1:25.

For the UK100 index margin requirements will be doubled, which means that the margin will become 4%.

These changes apply to both open and new positions.

We will additionally notify you as soon as the margin requirements return to the standard values.

Should you have any questions, you can contact us by phone number +7 499 677 10 70, from your Personal Area, or by sending an email to support@bcsmarkets.com.

Sincerely,
BCS Forex.
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