IFC Markets warns vaguely of possible margin requirement changes over Brexit

IFC Markets warns vaguely of possible margin requirement changes over Brexit

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IFC Markets, an offshore forex and CFDs broker, informed its clients that it may change the margin requirements for the instruments it offers for trading, from June 13 to June 23. The broker, however, does not provide any further details – neither how the requirements will change, nor on which instruments.

This is a table of the regular IFC margin requirements depending on  the type of accounts:

ifc markets margins

IFC Markets is the broker brand of the IFC Markets Corp. regulated by the British Virgin Islands Financial Services Commission (BVI FSC). The broker offers trading in 500 instruments – forex, CFDs on stocks, commodities and indices, as well as gold and precious metals.

Since the beginning of June a lot of forex brokers – big and small – announced they are changing the margins: Saxo Bank, FXCM, Oanda and IG Group and Invast, as well as Admiral Markets, ActivTrades, Dukascopy Bank, FXPrimus, One Financial Markets, Tier1FX, and Vinson Financials. Earlier similar announcements were made by Z.com Trade, and JustForex, among others.

Meanwhile, the outcome of the EU referendum due on June 23 in the UK, still hangs in the balance, as public opinion polls give a slim majority either to the Brexit or to the Bremain supporters.


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