FXOpen Increases Rouble Pairs Margin Requirements

Brokerage company FXOpen released a notice on its official website, stating that it is increasing margin requirements for rouble pairs.

According to the announcement, due to the uncertainty caused by possible sanctions against the Russian Federation, margin requirements will increase by 5 (five) times their normal level. And the changes are effective on April 5, 2021.

The broker said it would inform clients as soon as margin requirements are back to the previous level and suggested them consider these changes when planning their trading activities.

FXOpen is a brokerage company with the main principle to offer the clients only what traders really need. FXOpen was founded in 2003. After 2 years, in 2005, the decision to open own brokerage center was made – and that step provided traders from all over the world with trading conditions of the highest quality, an excellent customer support and ongoing updates of the whole service. The company has international offices in Australia, New Zealand, Russia and the United Kingdom. The company’s brokerage activity is regulated by respective authorities, including the Financial Commission, the Australian Securities and Investments Commission, and the Financial Conduct Authority.