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January 21, 2016

Land-FX changes leverage due to oil price volatility

Land-FX is one of the first brokers which has taken an action towards Oil Shock this time.

Land-FX will change the Maximum leverage of DE30(Germany30) to 10:1 from 21st January 2016.

Oil price has dropped about 75% over a year and now it caused instability of global stock markets. Land-FX is preparing to the expected increased market volatility.

Traders are recommended to review and manage margin levels carefully. With Land-FX trading accounts, all positions will be liquidated once the margin level falls below 30%.

Land-FX

Land-FX is a trading name for Land Prime Limited which is a Forex & CFD broker founded in 2013 regulated by FSPR in New Zealand. Land-FX is supported by Korean management team and the company also follows MiFID. the company is an official sponsor of  1. FSV Mainz 05.

Land-FX offers 3 types of live accounts which are Standard, ECN and Corporate account. Variable spread from 0 pip and you can leverage your trades up to 500:1 with MT4. Simple and smart choice for FX & CFD traders.

  • 24/5 multilingual support
  • STP environment
  • Spread from 0 pip

 

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