Dear clients and partners,
In accordance with the paragraph 6.5 of the General Business Terms, margin requirements are calculated based on a maximum leverage of 1:200 5 hours before the market closes. Beginning August 16, 2013, margin requirements will be calculated based on a trading account’s available funds or the leverage set by the client within 3 hours after the market opens.
This change is being introduced to protect traders from potential losses due to a price gap when the market opens. Changing the time when the margin requirements are calculated significantly reduces traders’ financial risks in the first hours after the market opens when there is typically high volatility for most financial instruments.
We believe this change will help us better protect our clients' funds.
Please remember that forex trading ends on Friday at 10:00 p.m. and begins on Sunday at 9:00 p.m. server time (GMT +0).