XM™｜How to open the FX account.
2019.12.11
2022.08.08
We would like to inform you that the UK General Election, which takes place on 12th December 2019, will possibly lead to extreme market volatility, thin market liquidity, abnormal spreads and price gaps in many currency, commodity and stock markets globally.
In light of this event, and in order to protect our clients and our Company from the anticipated market turbulence during this time period, XM will implement the following temporary measure:
From 16:00 server time (GMT+2) on 12/12/2019, the margin required for all positions (for opening new positions and for maintaining existing positions) will be temporarily increased for all instruments to the following:
This temporary measure will be completely waived for all positions, and margin requirements will revert to normal (as per normal client account leverage settings) by Friday 13th December 2019, shortly after the announcement of the results of the UK General Election.
Clients who intend to keep open positions during this time should ensure that their trading accounts are sufficiently funded in order to avoid any disturbances from possible margin calls and/or stop-outs in their trading activity.
Note: In order to see the correct margin requirements, please ensure you have the latest version of the XM MT4/MT5 Client Terminal.
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