The game of shoulders from brokers

The increase in margin requirements by brokers on the eve of the ECB meeting, puts active traders at a standstill. To date, such actions have been reported by FxOpen, GKFX и Alpri.ru on the official websites of the company, as well as some other Western brokers.

This fact greatly distresses traders who prefer active trading exactly on news events, as well as those who now have open positions on currencies with Euro, the closing of which will lead to losses on the accounts. In this case, the questions arising as to how much of a "play" on the shoulders is necessary in a situation where the news background has long been known and largely played out by the market, as it happened more than once, is quite reasonable.

This is how FxOpen's representative commented on our forum:

"Of course, we lost on the franc, we don't want to lose on the euro, everything is logical... I understand the unpopularity and inconvenience of temporary measures, but if you agree to compensate for the negative balance in case of a gap, we can leave a high leverage."

«Я уже писал, что каждый сам решает на сколько хочет рисковать и по какой модели работать. Конкретно у нас риски по евро парам высокие, рисковать мы не хотим. Как только ситуация «устаканится» никаких ограничений не будет».

Of course, once you burn the milk, you blow on the water. Especially in such short timeframes. Let's hope that changing leverage before the news doesn't become a habit for brokerage companies like Denis from FxOpen promises. Otherwise it threatens ordinary traders with serious adjustments in profitable trading strategies.