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Important Notice: Anticipate High Volatility & Wider Spreads During Upcoming Event

Nov 1, 2024MT5
Disclaimer: This is a general announcement. Products and services referred to here may not be available in your region. Please refer to T&C for more details.
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We want to keep you informed about potential market impacts that may affect your Gold&Fx trading activities through MT5. Major events may introduce increased market volatility and fluctuations, leading to changes in trading conditions.

- Upcoming Event: U.S. Election

- Event Start Date: Nov 5, 2024

What You Need to Know:

- Wider Spreads: During this period, spreads may be significantly wider than usual.

- Liquidity Concerns: As uncertainty looms, liquidity providers and banks may pull back. As a result, stops may experience increased slippage, and stop-out levels could be significantly higher or lower than your expected execution levels.

- Increased Volatility: The market is expected to be extremely volatile, reacting swiftly to news releases and updates.

To mitigate these risks, we may take the following actions:

- Margin Increases: We may raise margin requirements for key instruments to help reduce the risk of negative equity and protect clients under volatile conditions. This could include increasing margins on hedged positions to safeguard against liquidity risks.

- Close-Only Mode: In cases of extreme liquidity shortages and heightened volatility, we may transition some instruments to close-only trading.

We encourage you to review your open positions and adjust your trading strategies accordingly to navigate these heightened risks effectively.

If you have any questions or need further assistance, feel free to reach out to our Customer Support.

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