de | cn | ru
Forex

Brokers News

XM lowers margin requirements for Swiss franc

 XM, a European forex broker regulated by UK's FCA and the Cyprus Securities and Exchange Commission (CySEC), said it is lowering the margin requirements for trading in Swiss francs.

 

As of Monday, March 20, the additional margin requirements for CHF pairs requirement will be 2 times the margin set as per account leverage. Previously the additional margin requirement for deals with Swiss francs was four times the default account leverage. It was reflecting the Swiss franc black swan event that followed the SNB's decision to unpeg the currency from the Euro. The following extreme market volatility led to serious financial troubles for traders and brokers alike.

 

The new Swiss frank margin requirements of XM will apply for both new and existing positions.

 

XM, formerly known as XEMarkets, is a trading brand of Trading Point Holdings. It is based in Cyprus and is regulated by the CySEC, FCA and the Australian Securities and Investments Commission (ASIC). It is also registered with Germany’s BaFin and is compliant with with the Markets in Financial Instruments Directive (MiFID) of the European Union. It is also awaiting licensing from the Financial Services Board (FSB) of South Africa.

 

In addition to Cyprus XM also has offices in Hungary and Greece. It is mostly active in some EU countries, Russia and some of the Asia-Pacific countries. 

 

XM offers trading in forex and CFDs on indices, commodities, energies and precious metals and a leverage of up to 1:888. The trading platform is MT4.

 

TAGS: xm  margin  requirements  swiss franc 

More news about XM

Forex
Broker Country Regulation Platform Min Deposit Review
Cyprus CySec MT4, MT5, Web $5 Review Website
Cyprus, Australia CySec, ASIC MT4, Web $100 Review Website
UK, Cyprus, Hong Kong FCA, CySEC, SFC MT4, Web,
PrimeTrader
$100 Review Website
UK, Australia, Singapore FCA, ASIC, MAS, BaFin MT4, Web,
ProRealTime,
2Dealer
$0 Review Website
UK, Australia FCA, ASIC MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus FCA, CySec MT4, MT5 $5 Review Website
UK, Cyprus FCA, CySEC MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus CySec MT4, Web, Gwasy $100 Review Website
Belize IFSC MT4, MT5, Web $1 Review Website
Seychelles FinaCom MT4 $10 Review Website

More Forex Brokers News

FxOpen launches PAMM Crypto accounts

Sep 25 2017 09:28:11

 FXOpen, an ASIC and FCA-regulated forex and CFD broker announced the launch of PAMM Crypto accounts. Read more

IG boasts record revenues for Q1 2018

Sep 21 2017 08:47:04

 IG Group, a leading global forex and CFD broker, reported record revenues for its first quarter of the financial 2018 that ended on August 31.   According to the data, despite the relatively quiet financial markets, the revenue of IG stood at £135. Read more

FxPro also hikes margin requirements ahead of German elections

Sep 21 2017 07:17:54

 Major European forex broker FxPro  became the third major forex broker to announce it is temporarily increasing its margin requirements ahead of the German general elections on September 24. Read more

Forex

XM hikes margins ahead of German, New Zealand general elections

Sep 19 2017 07:43:29

Leading EU forex broker XM announced it is taking precautions against extreme market volatility, thin market liquidity and abnormal spreads and price gaps around the upcoming general elections in Germany (on September 23) and New Zealand (on September 24). Read more

Forex.com hikes EUR pair margins ahead of German elections

Sep 15 2017 09:34:25

Forex.com, one of the retail forex brokerages of Gain Capital, announced it is temporarily increasing the margin requirements on the EUR forex pairs in order to protect its clients from potential market volatility around the upcoming general elections in Germany. Read more

XM includes Bitcoin in trading portfolio

Sep 15 2017 07:20:12

 Leading EU broker XM announced it is adding the Bitcoin to its currency trading portfolio on the MetaTrader 5 platform. The Bitcoin can be traded against the USD, with zero commissions and fees and a margin requirement of 1:3 (33%). The value of one lot is BTC1. Read more

ThinkMarkets expands CFD offering with BTC, ETH, XRP, LTC

Sep 14 2017 08:34:29

 The forex broker ThinkMarkets announced it is expanding its CFD offering with four of the most popular cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and Litecoin (LTC). Read more

FxPrimus launches cryptocurrency CFD trading

Sep 13 2017 07:41:46

 FxPrimus, a Cyprus-regulated forex and CFD broker, announced it has expanded its portfolio with CFDs on five of the most popular cryptocurrencies.   The list includes Bitcoin, Ethereum, Ripple, Litecoin and Dash CFDs against the USD. The leverage is 1:5. The minimum trade size is 0. Read more

eToro stops offering forex trading in Russia – media report

Sep 12 2017 12:44:04

 eToro, the largest social trading brokerage, will stop offering trading to its clients in Russia. The change comes into effect from September 13, the media site Finance Magnates reports. Read more

Gain Capital's August trading volumes pick up

Sep 12 2017 08:32:50

 Gain Capital, owner of the leading US forex broker Forex.com, reported that its August trading volumes, both in the retail and institutional segments, were substantially higher than those in July.   The retail segment that includes the forex brokerages Forex. Read more

Forex
de | cn | ru