Brokers Cut Leverage in the Run-Up to the French Presidential Election
Posted: Sun Apr 16, 2017 12:48 pm
The French presidential election is getting closer and more brokers are announcing measures to curb risks for clients and for themselves. The geopolitical risks have been increasing in recent weeks and the French presidential election is the next uncertainty factor to get in focus by traders and brokers alike.
Admiral Markets is the next big broker to highlight the risks around the French election and take measures. The company announced to its clients that it will reduce the maximum leverage for all accounts to 1:50, which corresponds to 2 percent margin.
“It could be reasonably suggested that ... (read more)