EXNESS changes leverage conditions for the weekends

Exness IB

Active Trader
Apr 11, 2013
967
0
32
Dear clients and partners!

In accordance with the paragraph 6.5 of the General Business Terms, margin requirements are calculated on the basis of the maximum leverage of 1:200 5 hours before the close of the market. Beginning August 16, 2013, the recalculation of margin requirements will be made on the basis of the amount of funds available on the trading account or on the basis of the leverage set by the client within 3 hours after the opening of the market.

The following rule was brought in to prevent the potential losses of traders due to the possible price gap at the moment of opening of the market. Change of the time of the leverage recalculation significantly reduces the financial risks of traders in the first hours of the opening of the market, when, as a rule, there is a high volatility in most financial instruments.

We believe that this change would help us to improve protection of our clients' funds.

Please be reminded that Forex trading finishes on Friday, at 10:00 p.m., and begins on Sunday, at 9:00 p.m. server time (GMT +0).