Dear Valued Clients,
Dear Customer:
The second round of general elections in France will be held on May 7, 2017, which will increase market volatility and lead to insufficient liquidity. In order to maximize the protection of customers' interests and provide customers with a safe trading environment, CXM Direct LLC will adjust the leverage of the following13 trading products . This adjustment will take effect 5Month4Thursday the market opens strong>. See the table below for details:
|
Margin Adjustment Leverage adjustment |
|||||
| product |
The original leverage is 400:1,
tweak to |
Original leverage 300:1
tweak to |
Original leverage 200:1
tweak to |
Original leverage 100:1
tweak to |
and so on |
| EUR/USD | 80:1 | 60:1 | 40:1 | 20:1 | |
| EUR/AUD | 80:1 | 60:1 | 40:1 | 20:1 | |
| EUR/CAD | 80:1 | 60:1 | 40:1 | 20:1 | |
| EUR/CHF | 80:1 | 60:1 | 40:1 | 20:1 | |
| EUR/GBP | 80:1 | 60:1 | 40:1 | 20:1 | |
| EUR/JPY | 80:1 | 60:1 | 40:1 | 20:1 | |
| EUR/NZD | 80:1 | 60:1 | 40:1 | 20:1 | |
| EUR/SGD | 80:1 | 60:1 | 40:1 | 20:1 | |
| GBP/JPY | 100:1 | 75:1 | 50:1 | 25:1 | |
| USD/JPY | 100:1 | 75:1 | 50:1 | 25:1 | |
| GBP/USD | 133:1 | 100:1 | 66:1 | 33:1 | |
| DAX30 | Margin ratio adjusted from 1% to 6% | ||||
| FTSE100 | Margin ratio adjusted from 1% to 6% | ||||
We recommend that you treat this risk event with caution. If you already have open positions, it is important to ensure that you have sufficient funds in your account to accommodate the new margin requirements, and to manage your positions by May 4th.
CXM Direct LLC will take appropriate action based on potential or unnoticed changes in market conditions.
We expect that the margin ratios of the 11 currency pairs and the 2 major stock indexes in the table above will return to their original state in time after the announcement of the election results. However, we will also decide when to reduce the margin ratio based on market assessments.
This adjustment will remain in effect until further notice from CXM Direct LLC.
If you have any questions, please contact us via Email [email protected] or call , we will be happy to assist you 24*5 hours you serve.
Risk Statement:
Foreign exchange and CFD transactions are high-risk margin transactions and are only suitable for individual and institutional investors who can afford the risk of loss. Before making a decision, customers should carefully consider their investment objectives, financial status, experience level, risk tolerance, etc., and be familiar with all risks related to margin trading, and make prudent investment decisions independently.