FxPro also hikes margin requirements ahead of German elections
1FxPro became the third major forex broker to announce it is temporarily increasing its margin requirements ahead of the German general elections on September 24. The broker will temporarily increase the margin requirements on all European spot indices to 2%, starting from Friday, September 22, 2017, at 15:00 (GMT+3) and will affect both new and existing positions. In cases of extreme volatility and lack of liquidity, the broker may also refuse the opening of new positions, enabling ‘Close Only’ functionality.