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 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