INGOT Brokers Australia | Grain margin requirement change

Grain margin requirement change

Dear Valued Client,

Greetings from INGOT Brokers.

Kindly note that the margin requirement will increase twice ahead of the US Fed meeting (FOMC) on the 15th and Brexit vote on the 23rd of June; as we are expecting the elevated volatility of the market to continue.

The following is the new margin requirements :

# GBP Pairs EURO Pairs
14th June $3000 $2000 $3000
20th June $6000 $4000 $6000

(This will effect pre-opened positions).

Also, be advised that margins are subject to change without further notice.

We follow this policy to protect you from the market fluctuations risk and any resulting costs, gains or losses will be the client's responsibility.

We therefore kindly request that you review your positions and ensure that you have sufficient margins to maintain them.

Our aim is to provide you with a professional trading experience and to add more valued services.

Have a Successful Trading!

INGOT Brokers Team