UK Election on June 8th. XM to increase Margin on certain symbols on MT4 and MT5.
UK General Election is upcoming this June 8th and it is expected to impact financial markets dynamically.
Possible expected impacts to the markets may cause:
- Extreme market volatility
- Thin market liquidity
- Abnormal spreads
- Price gaps
In light of the UK General Election and its increased risks, XM is going to change trading conditions on both MT4 and MT5 trading platform accordingly.
|Affected Symbols||Temporary Leverage(Margin)|
|All GBP Pairs||100:1 leverage(1%)|
|All Equity Index CFDs||50:1 leverage(2%)|
The above changes will be made from 18:00 p.m. MT4 server time (GMT+3) on Thursday, 8th of June 2017.
The change will affect both existing open positions and new positions.
The above changes are only temporary and will be back to normal from Friday 9th of June 2017, shortly after the announcement of the results of the UK General Election.
Please consider the expected increased risk in the next few days, and take necessarily actions to support your positions.
For more information regarding to this change, please contact XM support team directly.