HotForex ‘s changed Leverage conditions for UK General Election.
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The UK General Election will take place on Thursday, the 8th of June 2017.
As this is a major political event focused by the world’s investors, it is expected to dynamically impact financial markets.
It may cause certain market situations as below:
- High volatility
- Price gaps/spikes
- Lack of liquidity
- Widened spreads
In light of the UK General Election, HotForex is going to change trading conditions of certain financial instruments on MetaTrader4 trading platform.
The affected MT4 symbols and changed trading conditions are as follows:
Margin Requirements changed to…
UK100 – $400 (per lot traded)
UK100.F – 4%
UK Shares – 14%
The above changes will be applied on HotForex MT4 from Wednesday the 7th June at 21:00 GMT time.
Furthermore be informed that HotForex will continuously monitor the reactions of the market as this event unfolds and further restrictions to the standard market conditions might apply.
Please familiarize yourself with the risks associated with this event and perform due diligence risk management when trading under such market conditions.
For more information or inquiries regarding to the above changes, please contact HotForex support team.