Retail brokers tighten margins ahead of US election

FXCM, IG Group and Saxo Bank take steps to reduce risk for their clients, while others stand ready to act

us-election-2016-8
Big consequences: retail brokers are wary of the impact of single events since the SNB move in 2015

Retail foreign exchange brokers are decreasing the leverage available to clients, in an effort to protect them from incurring heavy losses, by raising margin requirements ahead of the US presidential election on November 8.

Several brokers, including FXCM, Saxo Bank, IG Group and Interactive Brokers, have started increasing the margin rates on currency pairs and other financial instruments, while other firms are on stand-by to act in the run-up to Election Day.

The extraordinary measure aims to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: