Regulators in Russia plan to cap the maximum FX leverage at 1:30
Posted: Fri Oct 05, 2018 10:51 pm
Regulators in Russia are planning to reduce the maximum leverage allowed with FX transactions to 1:30 from the current 1:50 according to an interview with a deputy director of the Russian central bank, given to Reuters.
The move will follow a similar step, taken by the European Securities and Markets Authority (ESMA) in August, which also caped the maximum leverage with FX brokers at 1:30.
Currently, FX brokers in Russia can still offer leverage of up to 1:50 – the same as the leverage allowed with FX trade in the USA.
The move will follow a similar step, taken by the European Securities and Markets Authority (ESMA) in August, which also caped the maximum leverage with FX brokers at 1:30.
Currently, FX brokers in Russia can still offer leverage of up to 1:50 – the same as the leverage allowed with FX trade in the USA.