XM: Important Reminder – Turkish Constitutional Referendum.
XM - What's now?
XM has updated the maximum leverage to 1:1000 in June 2022.
Leverage 1:1000 does not apply to client registered under the EU regulated entity of the Group. The maximum leverage for Trading Point of Financial Instruments is 30:1.
In light of our previous news regarding the Turkish Constitutional Referendum XM would like to inform all clients that as of Monday, 17th April after the market opening, the margin requirement on USDTRY and EURTRY has been automatically readjusted in accordance with the previous leverage settings of each client’s trading accounts and financial instruments.
All temporary measures taken during the Turkish Constitutional Referendum have now been completely waived.
The change will affect the above pairs on both MT4 and MT5 platforms.
No other financial instruments won’t be affected by this change.
In case, XM to change the trading conditions due to certain Economic Events in the future, you will notified again further.
For more information or inquiries, please contact XM support team.