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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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GBP leverage adjustment instructions

17 Oct, 2019

GBP leverage adjustment instructions

Dear CWG Users

 

As the British Parliament will vote on the European Union and the UK's latest EU exit bill (British Brexit) on October 19th (Saturday), before or after the announcement of the voting results, it may lead to large fluctuations in all financial products, spreads, Risks such as insufficient liquidity.

 

In order to avoid the losses that may be caused to you by the violent market fluctuations, the CWG will make leverage adjustments at 4:00 am on October 19, 2019, Beijing time, and the relevant products of the GBP will be reduced by 50%:

 

Before 1:400, After1:200

Before 1:200, After1:100

Before 1:100, After1:50

 

Global client support centre: 4008424626

Email: support@cwgmarkets.com

CWG Markets