The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here

Reduction of maximum leverage on TRY instruments

Due to possibility of a risk of significant price gaps and low liquidity on TRY instruments, which may cause negative equity on client accounts, FXFINPRO CAPITAL is implementing a maximum leverage for EUR/TRY and USD/TRY exposures of 1:10 as of 27 July 2016 at 10:00 GMT. (So the margin requirements will be 10% of these positions value.)

Traders are invited to estimate their margin usage at the moment when the leverage reduction is applied and adjust their exposure if needed. For all accounts where there is no exposure in EUR/TRY and USD/TRY the lower maximum leverage will be applied today, 21 July 2016 at 14:00 GMT.

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We would like to remind you that although trading of derivatives on margin may offer many benefits, it is important to note that it also carries a high level of risk. Please click here to read our full ‘Risk Disclosure’ and ‘Risk Disclosures for Financial Instruments & Investment Services’.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.
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The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here
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