With the recent decline in Gold.
FXCM mailed the new margin requirement for their CFD.
Gold being one of the instrument I trade, I have been waiting for the opportunity to long.
Entered long but got squeezed out when market test its support.
Update when there's new trade executed.
Regards
Bee Yen
Here's the announcement from FXCM:
FXCM mailed the new margin requirement for their CFD.
Gold being one of the instrument I trade, I have been waiting for the opportunity to long.
Entered long but got squeezed out when market test its support.
Update when there's new trade executed.
Regards
Bee Yen
Here's the announcement from FXCM:
Margin requirements on UKOil and USOil will be lowered after market close on 15 April, 2016. Please refer to the table below for the new margin requirements per minimum trade size. The lower margin requirements could free up equity in your account and allow for more flexibility with your trading decisions.
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Additional margin changes will go into effect after market close on 29 April, 2016. These changes will impact CFD instruments including: indices, commodities, and treasury products. Please monitor your usable margin closely, making sure it stays above zero. We recommend a usable margin that’s at least 80% of your account equity (usable margin plus used margin).
