UPDATED: How Trump's Election Victory Affects Your Trading

Wednesday, 09/11/2016 | 10:22 GMT by Finance Magnates Staff
  • Brokers have announced updates to their margin requirements following the US Presidential election results.
UPDATED: How Trump's Election Victory Affects Your Trading
Bloomberg

Ahead of the US Presidential election, Finance Magnates compiled a list of brokerage firms that raised their margin requirements amid the uncertainty of the voting outcome which was expected to trigger major Volatility in the financial markets.

After today's election victory for Donald Trump was announced, a growing list of brokerages have issued updates relating to these margin requirements which are listed below:

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Dukascopy

Leverage settings for most instruments have been increased to their normal level after the results of the US election were announced. This ends the temporary leverage reduction which was implemented on 8 November at 10:00 GMT. Clients are informed that leverage on USD/MXN and all CFD Indexes remains at 1:10 until further notice.

Dukascopy Japan

With today’s announcement of the results Dukascopy Japan has announced thaton the assumption of continuing unstable market fluctuations, the leverage limit extension has been extended, mainly on the US dollar currency pair and the Mexican peso.

Leverage on the USD/MXN has been extended to 10 times (margin of 10%) whereas leverage of corporate account is extended to 30 times (about 3.33% margin rate).

Currency pairs affected include: EUR/DKK, USD/CNH, USD/DKK, USD/HKD, HKD/JPY, EUR/HKD, TRY/JPY, ZAR/JPY, CAD/HKD, USD/MXN is 10 times leverage ratio for the (margin of 10%).

XM

XM has informed its clients that in light of its recent notification regarding the US Presidential Elections, the margin requirements on all instruments have been automatically readjusted in accordance with the previous leverage settings of each of its clients’ trading accounts on financial instruments.

All temporary measures taken during the US Presidential Elections have now been completely waived.

Alpari

Alpari has notified its clients that the special margin conditions introduced earlier have now ended and leverage for all account types is currently set in accordance with the margin requirements.

FXPro

In anticipation of abnormal levels of market volatility during the US Presidential Election period, FXPro took the extra step of caution and modified several of its trading conditions, including the margin requirements on several trading instruments. The brokerage has informed its clients that margin requirements on all FX Majors, FX Minors and Exotics have now returned to their original levels.

The new margin requirements still apply for Precious Metals, Spot Indices and Shares.

OctaFX

OctaFX has informed its clients that company’s financial position has not been negatively affected during the US Presidential election period and that the changes that took place prior to the election will revert back to normal on 10th November.

In order to facilitate this, a 10 minute scheduled technical maintenance will take place. Trading will therefore not be available on 10th November from 00:00 EET (Server time) until 00:10 EET (Server time).

AxiTrader

AxiTrader has informed its clients that the temporary restrictions applied to all AxiTrader trading accounts during the period of the US Election result announcement have been lifted. As of 10th of November 2016, all trading conditions – including margin and leverage requirements – will return to the company's standard pre-election terms.

Ahead of the US Presidential election, Finance Magnates compiled a list of brokerage firms that raised their margin requirements amid the uncertainty of the voting outcome which was expected to trigger major Volatility in the financial markets.

After today's election victory for Donald Trump was announced, a growing list of brokerages have issued updates relating to these margin requirements which are listed below:

Don’t miss your last chance to sign up for the FM London Summit. Register here!

Dukascopy

Leverage settings for most instruments have been increased to their normal level after the results of the US election were announced. This ends the temporary leverage reduction which was implemented on 8 November at 10:00 GMT. Clients are informed that leverage on USD/MXN and all CFD Indexes remains at 1:10 until further notice.

Dukascopy Japan

With today’s announcement of the results Dukascopy Japan has announced thaton the assumption of continuing unstable market fluctuations, the leverage limit extension has been extended, mainly on the US dollar currency pair and the Mexican peso.

Leverage on the USD/MXN has been extended to 10 times (margin of 10%) whereas leverage of corporate account is extended to 30 times (about 3.33% margin rate).

Currency pairs affected include: EUR/DKK, USD/CNH, USD/DKK, USD/HKD, HKD/JPY, EUR/HKD, TRY/JPY, ZAR/JPY, CAD/HKD, USD/MXN is 10 times leverage ratio for the (margin of 10%).

XM

XM has informed its clients that in light of its recent notification regarding the US Presidential Elections, the margin requirements on all instruments have been automatically readjusted in accordance with the previous leverage settings of each of its clients’ trading accounts on financial instruments.

All temporary measures taken during the US Presidential Elections have now been completely waived.

Alpari

Alpari has notified its clients that the special margin conditions introduced earlier have now ended and leverage for all account types is currently set in accordance with the margin requirements.

FXPro

In anticipation of abnormal levels of market volatility during the US Presidential Election period, FXPro took the extra step of caution and modified several of its trading conditions, including the margin requirements on several trading instruments. The brokerage has informed its clients that margin requirements on all FX Majors, FX Minors and Exotics have now returned to their original levels.

The new margin requirements still apply for Precious Metals, Spot Indices and Shares.

OctaFX

OctaFX has informed its clients that company’s financial position has not been negatively affected during the US Presidential election period and that the changes that took place prior to the election will revert back to normal on 10th November.

In order to facilitate this, a 10 minute scheduled technical maintenance will take place. Trading will therefore not be available on 10th November from 00:00 EET (Server time) until 00:10 EET (Server time).

AxiTrader

AxiTrader has informed its clients that the temporary restrictions applied to all AxiTrader trading accounts during the period of the US Election result announcement have been lifted. As of 10th of November 2016, all trading conditions – including margin and leverage requirements – will return to the company's standard pre-election terms.

About the Author: Finance Magnates Staff
Finance Magnates Staff
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About the Author: Finance Magnates Staff
  • 4263 Articles
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