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Saxobank Forex - All FX Margins Will Double


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Due to massive changes in Foreign Exchange volatility we will today Thursday, 16 August 15:00 CET/13:00 GMT double our FX margins on all currency crosses including Gold and Silver. We strongly recommend you to reduce your positions. The new margins will stay until further notice. TRY, ZAR and ISK will stay unaffected of this change, as the margins on those were changed today at 12:00 CET/10:00 GMT.


CHF and JPY will also change at 15:00 CET/13:00 GMT today and not tomorrow at 18:00 CET/16:00 GMT as stated in the email sent out yesterday.






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  • 2 weeks later...

Die Forex Margins werden wieder auf ihre Ursprungswerte zurückgesetzt. Newsletter ist noch keiner raus, dafür ist die Meldung auf der UK Seite erschienen.


Important information: Normal FX Margins to be Reinstated


Margins will be returned to normal on Monday, September 3 at 12:00 CET (10:00 GMT). The following changes will occur:

Margin on first USD 25,000 (or equivalent investment collateral) / normal margin:


Majors will change from 2%/4% back to 1%/2%

Minors will change from 4%/8% back to 2%/4%

Exotics will change from 8%/16% back to 4%/8%

Weekend margin will be reintroduced i.e. margins will double Fridays at 18:00 CET (16:00 GMT) and return to normal on Sundays at 23:00 CET (21:00 CET)

TRY, ZAR and ISK will remain unaffected by this change until further notified



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