The 2020 United States Presidential Election is scheduled to be held on November 3, 2020 (Tuesday). There is an increased chance of higher market volatility on all financial products during this period. This may cause a lack of liquidity, spreads to widen, gapping and increased likelihood of a flash crash.
Due to the above risks, ATFX will be temporarily reducing the leverage on some of our instruments. The changes will be effective at the market opening time (i.e.: MT4 server time 00:01) on October 31, 2020 (Saturday).
Products |
Professional Accounts |
|
Current Leverage |
Temporary Leverage |
|
Forex |
1:400 / 1:200 |
1:100 |
XAUUSD |
1:400 / 1:200 |
1:100 |
Others |
No Changes |
It is important to keep your trading account adequately funded so you can manage your open positions during this time. Insufficient margin may lead to forced liquidation of positions.
We’ll be continuously reviewing the leverage offered and will return to normal leverage once the volatility on these markets has reduced. We encourage you to consider the risks involved during periods of extreme volatility.
Please feel free to contact us if you have any questions.
Sincerely,
ATFX