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FOREX.com Japan to Alter Margin Requirement for HKD Pairs

Source: David

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Fazzaco learned that FOREX.com Japan, a provider of online Forex trading services in Japan, will make changes to trading conditions affecting Hong Kong Dollar (HKD) currency pairs.

The margin requirement for five currency pairs will be raised from the current level of 10% to 15% from the start of trading at 6:00 am on Monday, August 2, 2021 for FOREX.com accounts and MT4 accounts.

The affected currency pairs are: EUR / HKD, GBP / HKD, HKD / JPY, SGD / HKD, USD / HKD.

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FOREX.com, including its Japanese operations, is now owned by StoneX. The company provides back office services, including automated trade allocation, online reporting, end of month statements, and pip and dollar commission reporting services for traders who manage funds on behalf of multiple clients.

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