The 2018 Italian general election, due to be held on 4 March 2018, can potentially increase volatility, affecting the below currency pairs:
EUR/USD, EUR/CAD, EUR/GBP, EUR/JPY, EUR/AUD.
Alfa-Forex has decided to temporarily reduce the leverage offered for the aforementioned pairs, starting March the 2nd at 14:00 GMT, as following:
Leverage 1:200 will be reduced to 1:100
Leverage 1:100 will be reduced to 1:50
Leverage 1:75 will be reduced to 1:40
Leverage 1:50 will be reduced to 1:30
Margin levels will return back to normal on March the 5th after 07:00 GMT.
Please make sure you have enough funds to secure open trades, to avoid automatic closing of open positions due to insufficient margin.