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Margin Requirements for Currency Pairs with TRY to be Changed
06-11-2020
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Dear customers,

Please be informed that the margin requirements regarding USDTRY, EURTRY, and TRYJPY currency pairs shall be increased from 500% to 1000% due to the spike in volatility of the Turkish lira.

This means that the leverage used to trade the above-mentioned pairs will be decreased twofold for all types of accounts. The said changes shall come into effect on November 10, 2020, at 00:00 GMT+2.

Broker Gerchik & Co and changed margin requirements regarding TRY


Trade profitably regardless of the market environment!

Sincerely,
Gerchik & Co


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