Leverage recovery notice
Leverage recovery notice
Dear CWG clients
As the UK and the EU have agreed to vote on whether UK will leave the EU, the results of the vote may lead to large fluctuations in all financial products. With effect from October 18, 2019 (Friday) CWG has decided to reduce GBP currency pairs leverage by 50% to mitigate the fluctuation risks and volatility losses to all our clients
After assessing the market conditions on October 21 (Monday), CWG will resume GBP leverage on the relevant symbols back to normal levels from 5:00 am (GMT+0 21:00) on Tuesday, October 22, 2019.
Due to the ongoing situations of the Brexit vote ,we will continue to pay close attention to any developments. If there is a risk of high volatility in the pound again, the CWG will take any necessary measures to protect the interests of its customers.
Customer Service Centre: 4008424626
Email: support@cwgmarkets.com
CWG Markets