CFI Markets margin requirements got reduced further, post the broker’s measures amid the Brexit turmoil. On which trading instruments were the margins reduced?
6 October, CFI Markets – The Cyprus Securities and Exchange Commission (CySEC) regulated broker has recently earned the AtoZ Approved Forex Broker status. CFI Markets got recognised for its reputable services and scored well on the different facets that were tested, including compliance, withdrawals, execution and more. Committing to its policy to improve trading conditions, CFI Markets has informed its customers that margin requirements on certain currency pairs, CFDs and Indices have been reduced.
Post Brexit measures of CFI Markets
The update was reported to customers via an official note. Before the EU referendum in June this year, CFI Markets undertook measures to restrict trading leverage by increasing required margins. Following the results of the referendum which led to the Brexit, the reductions of CFI Markets margin requirements began to occur. Now, the brokerage has lessened them even further. CFI Markets have informed their clients by sending them the message which stated:
“Dear Valued Client,
In our continuous effort to improve our Trading conditions and meet different clients’ trading styles and risk appetites, we would like to inform you that we will be reducing the Initial and Maintenance margins of certain products. Please Click Here to view the full list of changes.
We would like to underline the additional Risks clients undertake by using a higher Leverage as described in our Risk Disclosures. In essence, the use of Leverage magnifies the Risk to your Capital and may result in losses exceeding the Capital invested at CFI Markets. The higher the Leverage used, the higher the Risk is.
Clients always maintain the choice of using no or less Leverage by opening a position relevant in size to their account size and Risk appetite. Clients may also request to reduce their Leverage settings to have a lower maximum Leverage.
Feel free to Contact Us at any time for any additional information.
Wishing you profitable trading.
CFI Markets Team”
Comparison of CFI Markets’ margin requirements
Below is the comparison of the previous margin requirements with the current ones:
For more information about the new margin requirements of CFI Markets, please leave a comment in the section below.