Trading Margin Requirements changes ahead of Japanese General Election at 22nd of October 2017.
This article is originally referred from Traders Trust News.
Please be informed that effective Friday 20/10/2017 14:00 GMT on Traders Trust’s MT4 platform, the broker will be changing the margin requirements for all JPY pairs to 1% (Fixed Leverage 1:100), ahead of the upcoming Japanese General Election at 22nd of October 2017.
Please see below the pairs that will be affected:
We wanted to make you aware of these changes so you can prepare extra funding for your account should this be necessary. In preparation of these changes, you may need to close open positions and/or add funds to your trading account.
It is YOUR responsibility to make sure that you have enough margin for your open positions in order to avoid Margin Call and/or Stop out.
The margin Requirement on all JPY pairs will return to normal at 23/10/2017 07:00 GMT, if the prevailing market conditions will allow it.
Should you have any questions or require assistance please contact the support via live chat on official website.
Original Source: Traders Trust News