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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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CWG Markets Product Transaction Adjustment Notice

07 May, 2020

CWG Markets Product Transaction Adjustment Notice

Dear Valued Client,

With the immediate changes from our liquidity providers, the currency pairs USDTRY and EURTRY will have the following adjustments:

1. In view of the decline in market liquidity, USDTRY and EURTRY are set to Close Only.
2. The leverage of USDTRY and EURTRY is adjusted from the original 20 times leverage to 10 times.

As a result of the changes in margin requirements, we kindly advise you to assess your available margin and trading strategy. CWG Markets adopts the Straight-Through Processing trading model, with clients transacting in real market conditions. Nevertheless, the market environment and risk events may cause the market to fluctuate violently in an instant, making it difficult to predict market liquidity. For low-liquid and high-volatile products such as the Lira, the size of the spread may widen due to adverse market conditions. Please exercise care to choose products that suit your investment style and risk preference. For highly volatile products, we recommend that you monitor your positions closely.

We will expeditiously keep you updated with any new developments. Thank you for your continuous trust and support for CWG Markets. We strive to continuously improve to give you a better trading environment and excellent customer service. During this period of international financial volatility, we will continue to maintain a stable trading environment to the fullest extent possible. Should you have any questions, please feel free to contact us at service@cwgmarkets.com.