In connection with the upcoming Brexit referendum, strong volatility increase may happen.
According to the unstable economic situation and increase of margin requirements by liquidity providers, GKFX ECN changes leverage to 1:20 for all EUR and GBP instruments on all account types.
All Spot metal contracts will be traded with leverage 1:33.
All CFD index contracts will be traded with leverage 1:20.
Changes will apply at 00:00 (MT time) on 22th of June.
Also all CFD indexes and XAUEUR will be traded in 'close only' mode starting from the 22th of June.
We will notify you of these terms ending at a later date.
Please note that leverage will be changed not only for the newly opened positions, but also for the existing ones. This can increase margin requirements and lead to a stopout.