The French presidential election is coming up.
I just receive an email from my broker notifying me about it. My broker is going to lower down my trading leverage from 1:500 to 1:50
Did Anyone else receive an email alert from their Broker about lowering down leverage?
Yes pepperstone just send me one email regarding this, i dont see the reason though as the elections result is already known...;)
Yes I did - common practice to protect their customers I believe.
more likely reason is to close out all your open trades and profit from it :-/
more likely reason is to close out all your open trades and profit from it :-/
This makes perfect sense.
If a person has been trading with high leverage with same broker.
Then, all of a sudden, the leverage drops. Their previous open orders will most likely be stop out due to margin call.
I understand the brokers lowering down the trading leverage because they want to "PROTECT THE CUSTOMERS ACCOUNT FROM BEING STOP OUT"
Do you think it is a good idea for them to provide their customers a choice to opt-out of that lower leverage "protection" ?
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The French presidential election is coming up.
I just receive an email from my broker notifying me about it. My broker is going to lower down my trading leverage from 1:500 to 1:50
Did Anyone else receive an email alert from their Broker about lowering down leverage?