INGOT Brokers Australia | Margin changes return

Margin changes return

Dear Valued Client,

Greetings from INGOT Brokers.

This email is to notify you that our leverage/margin conditions will return to normal over two stages to reach their pre-brexit levels effective immediately.

# GBP Pairs EURO Pairs U.S. Indices
30 June $3000 $2000 $3000 $2000
4 July $2000 $2000 $2000 $2000

(This will effect pre-opened positions).

We kindly advise our clients to stay cautious and measure the risks involved in the trading of GBP and EUR based pairs over the upcoming few weeks. Some of these risks to evaluate include:

  1. High volatility on the trading products, especially GBP, EUR, and CHF currency pairs as well as the European and UK indices.
  2. The potential widening of spreads caused by liquidity providers limiting their liquidity at certain times as well as an increased amount of slippage on the executed orders.
  3. Maintaining enough available equity/margin in your account at all times. This also includes “hedged” positions which have the potential and probability of stopping out your positions if the spread widens.

Thank you for your understanding and continued trust in INGOT Brokers. We appreciate your consistent support and wish you well in your trading during this particularly volatile period.

If you have any further questions, please do not hesitate to contact our customer services.

Have a Successful Trading!

INGOT Brokers Team