News
Margin Requirement Adjustment for XAUUSD: Aligned with Forex Pairs
Posted at 10 June 2024 / Categories FirewoodFX Company News
Dear Traders,
We are pleased to announce an important update regarding the margin requirements for trading XAUUSD (Gold) on our platform. Effective immediately, the special margin requirement for XAUUSD has been adjusted from 250% to 100%. This means that the margin requirement for Gold will now be calculated the same as other forex pairs.
This adjustment ensures a more streamlined and consistent trading experience across all instruments on our platform.
For example, if a client selects a leverage of 1:3000, the margin requirement for trading Gold will now be calculated as leverage 1:3000, aligning it with other forex pairs.
We believe this change will enhance your trading experience by providing greater flexibility and easier margin management.
Thank you for choosing FirewoodFX as your trusted trading partner.
Kind regards,
FirewoodFX Team
FirewoodFX Team