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Notice to the change in leverage with regards to the French Presidential Election

Today is the notice of temporary change of leverage with regards to the French presidential election.

French presidential election will be held on April 23, 2017.

Along with that, Market volatility fluctuates greatly in financial markets. It is expected to become an unstable market.
In relation to this, We think that there is a possibility that big risk will also occur to trading customers.

To reduce the risk of increasing volatility at our company,
We will set the following schedule before and after April 23rd.

  • Leverage Forex products 【50 times】
  • Leverage of XAUUSD and XAGUSD 【25 times】

It applies in the following period.

MT4 hours
April 21, 2017 (Fri) 15:00 (Hong Kong time 8:00 pm) ~ April 24, 2017 Monday 15:00 (Hong Kong time 8:00 pm)
(There is a possibility of extension depending on market conditions)

Since this is applicable to all positions on hold, we appreciate your understanding.

To avoid forced loss cut, would you please close the positions you have and do adjustments.
Or, we recommend that you make additional deposit, increase the surplus margin and maintain the margin retention rate.

If you have any questions, please contact our customer support.

That would be all.

2017-04-20|GEMFOREX Informaiton