On June 23, 2016 the Britons voted in the referendum on whether the UK should remain or leave the European Union.
The outcome came as a surprise to most market players in Forex. On the day when Brexit was declared, InstaForex clients closed more than 200,000 winning trades on GBP, thus gaining total profit of over $6 million.
Importantly, despite extreme volatility and a complicated market environment in the course of the referendum and vote count, InstaForex offered the most favorable trading conditions, in particular leverage of 1:1,000 for several popular currency pairs. At the same time, a lot of brokers restricted leverage to 1:20-1:33.