Company news / Turkish Lira Margin Changes for Professional Client Only

Turkish Lira Margin Changes for Professional Client Only

The FXOpen UK Team

Dear Traders,  Due to increasing volatility of the Turkish Lira, FXOpen has increased the margin requirements for EURTRY and USDTRY up to 5 times their normal level starting from 28th March 2019.

This infomation is only for professional clients who trade with leverage above 1:20 for these pairs.  For Retail clients there is no change and leverage will continue to be 1:20  We will additionally inform you when margin requirements return back to their normal values.

Please, remember, that abnormal market conditions increase the risk of slippage.  Kind regards,  The FXOpen UK Team

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.