IMPORTANT! Change in margin requirements from 05.05.2017.

04.05.2017 / 10:26

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Due to the upcoming presidential elections in France on May 7, all investment banks, market makers, liquidity providers of investment broker Varchev Finance raise the margin requirements and the spread of certain financial instruments and as a result we need a temporary margin increase of the Commercial platforms MT4 and Varchev Absolute Trader.

I. After 18:00 / 16: 00 in London / 05.05.2017 Friday Margin requirements are increased as follows:

1. Forex:

- EURUSD and all cross-pairs / currency pairs / EUR - 4%

- EURCHF and all cross-pairs / currency pairs / CHF - 2%

- EURJPY and all cross-pairs / currency pairs / JPY - 2%

2. Indices:

- DAX, CAC, EU50, DE30, FRA40, SUI20, ITA40 - 4%

3. Shares:

- All CFDs on French Equities - 20%

4. Non-ferrous metals:

- GOLD, Silver - 4%

The outcome of the forthcoming referendum will have a dramatic impact on the EUR and the stock indices and is likely to trigger exceptional volatility and turbulence in the financial and capital markets.
Changed trading conditions could protect traders trading in Varchev Finance from abnormal market behavior, force majeure before, during and after the election.

II. An eventual critical market situation in the election week may lead to an extraordinary expansion of spread, spikes / spikes / and unnatural long and prolonged movements of financial instruments.

III. Therefore, we strongly recommend that you recalculate:
- Load margin on your account after changing margin requirements
- Loaded - Margin level of the account. Levels below 500% are risky for your account.
- The current balance
- Increase margins level on your account:
• reduction / decrease / of already opened positions
• raising money
• Detection of hedging / counter positions

The above actions can be done until 18:00 / 16:00 in London / May 5th.

Varchev Traders

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Varchev Finance

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

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Disclaimer:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

IMPORTANT! Change in margin requirements from 05.05.2017.

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