Sydney – November 1, 2016
In anticipation of significantly increased volatility in global financial markets due to the upcoming US election, Vantage FX has conducted a review of our risk management policies with the intention of providing a more secure trading environment for our clients.
As a result of this review, we have decided to implement the following adjustment to trading conditions as a temporary measure leading into and over the US election:
Forex Pairs: AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD, USDJPY, USDCHF, USDNOK
Commodities: XAUUSD, XAGUSD, CL-OIL
Indices: FTSE100, DAX30, DJ30, Nikkei225, SP500
These margin requirement changes will be effective as of Thursday open, November 3rd. All Vantage FX clients with open positions must check that they have adequate capital to meet these new requirements or close out their preferred positions before end of day Wednesday.
As a reminder, client funds are held in segregated funds held by National Australia Bank (NAB) separate from Vantage FX company funds as required by ASIC regulations. If you have any queries, feel free to contact your Account Manager or our Support Team.
We are here to assist you 24 hours a day, 5 days a week, if you have any questions or require assistance with the above please do not hesitate to contact us using the details listed below.
For more information
Contact: Vantage FX Support
Phone: +61 1300 945 517
About Vantage FX:
Vantage FX are a multi-award winning Australian Forex Broker providing innovative online Forex trading capabilities to clients globally. Vantage FX continually strives to provide a client-friendly, interactive Forex experience with trading accessibility across a variety of platforms all with the tightest spreads. Vantage FX was the first to offer combined Binary Options and Forex Trading on the one MT4 platform. Vantage FX is an authorised representative of Vantage Global Prime Pty Ltd (AFSL 428901) and regulated by Australian Securities and Investments Commission (ASIC).