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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Cwgmarkts Important Notification-GBP Leverage Adjustment

08 Dec, 2019

Cwgmarkts Important Notification-GBP Leverage Adjustment

Dear CWG client,

There will be an upcoming UK General Election on the 12thof December 2019 , we expect there might be high volatility to GBP currency pairs

Due to an urgent change from our liquidity provider, and to prevent unnecessary losses due to volatility, CWG brought forward the GBP related currency pair leverage adjustments originally set for 12 Dec 2019 6:00am (GMT+8) to 10 Dec 2019 6:00am (GMT+8). We will update again when the leverages are to be adjusted back to normal.

 

The changes are listed below





SYMBOL

LEVERAGE


GBPUSD

1:25


EURGBP

1:25


GBPAUD

1:25


GBPCAD

1:25


GBPCHF

1:25


GBPJPY

1:25


GBPNOK

1:25


GBPNZD

1:25


GBPPLN

1:10


GBPSEK

1:10


GBPSGD

1:10 



Please do not hesitate to reach us at service@cwgmarkets.com or call us at 4008424626 for any clarifications.

Good Luck and Good Trading!

Kind regards,
Client Services Team
CWG Markets