Dear Trader,
Due to unprecedented volatility and one-sided exposure on the Crypto currencies currently being offered by IC Markets, our liquidity providers have significantly increased their margin requirements as a risk management measure.
As a result, it has been necessary for our risk management team to increase the margin requirement from 5% to 20%. This adjustment will be finalized at market close on Wednesday the 20th December 2017 22:00 GMT, 21 December 2017 00:00 MT4 time/09:00 AM AEDT.
The new margin requirement of 20% will apply to all new and existing positions. Any clients planning to continue holding Crypto positions should consider the margin impact this will have on their account and deposit additional funds if necessary.
We will continue to carefully monitor market volatility and should there be any further changes, we will contact you via email, the trading platforms, or by changes on our website.
Our support team are available 24/5 via Live Chat, email or telephone to assist you with any questions.
We appreciate your understanding and thank you in advance for your cooperation.
Kind regards,
IC Markets Team
