Posted at 24 June 2025 / Categories FirewoodFX Company News
Dear Traders,
To mitigate risk during periods of high weekend volatility, FirewoodFX will implement a 10-fold increase in margin requirements from Friday 18:00 GMT (3 hours before market close) until Sunday 22:00 GMT (1 hour after reopen).
This adjustment means: Margin call and stop out levels will be reduced to 1/10th (10%) of normal levels, proportionally decreasing your buffer against margin calls while requiring 10x more collateral for open positions during this window.
This proactive measure minimizes exposure to potential price gaps during market closures/reopenings, significantly reducing forced liquidation risks.
We strongly advise maintaining ample funds in your account before Friday 18:00 GMT, avoiding new high-risk positions near this period, and monitoring open positions regularly via FirewoodFX’s trading platform.
The adjustment is temporary/automated, and reverts post-Sunday 22:00 GMT.
Note: During Winter Time, these times will automatically align with the equivalent UTC offset.
Best Regards,
FirewoodFX Team