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FXTM to hike leverage to 1,000:1 for all ECN accounts from September 2016
Cyprus-regulated forex broker ForexTime, or FXTM, said on Tuesday it is raising the leverage rate for all trading accounts on its ECN accounts to a maximum 1,000:1. The change will come into effect as of 1 September, 2016. Some margin requirements have been adjusted for forex majors, forex minors and exotics on all servers except Pro and Cent. The new requirements will be applied in case of any activity on the trading account (Opened, Closed or Modified Positions) and aims to help protect client equity. The new trading conditions will apply for all traders, regardless of the size of initial deposit. The broker offers ... (full story)
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