Do not invest more money than you can afford to lose.
Bulgarian forex broker BenchMark Finance said on Friday it has lowered significantly margin requirements for several currencies traded via Trader trading platform. Margins on currency pairs containing the Swiss franc (CHF) will be lowered to 3% from 15%, while on pairs with the Chinese yuan will be changed to 10% from 100% and on Russian rubles (RUB) and South African rand (ZAR) will he cut from 100% to 10% and 20%, respectively.
Meanwhile, margin call and margin stop levels will remain unchanged at 330% and 110%/200%, respectively.
Sofia-based BenchMark Finance is an online broker of forex, CFDs, options, futures, stocks and other instruments. It offers Trader and MetaTrader 4 (MT4) trading platform, as well as a proprietary platform, BG Trader, for trading on the Bulgarian Stock Exchange. The broker holds a license from the Financial Supervision Commission (FSC) of Bulgaria.
BenchMark Finance is an affiliate of Saxo Bank, a Danish bank specialized in providing online trading services. The Trader platform is offered in parthership with Saxo Bank.
