Dear Valued Clients,
As we approach the 2024 U.S. election on November 5, 2024 (next Tuesday), please take note of the following points to help ensure the safety of your trading activities:
1. Spread Volatility
The U.S. election is expected to bring increased market volatility. Kindly be reminded to closely monitor your positions and ensure you have sufficient margin to handle potential market fluctuations.
2. Potential Changes in Liquidity
During major market events, liquidity may fluctuate, which could impact trading costs. Please exercise caution when trading.
3. Encouraging Deposits and Active Trading
Major market events often accompany price volatility. We encourage you to deposit funds and engage in active trading to seize market opportunities.
4. Stable Trading Environment
We offer stable spreads on gold, Bitcoin, and oil, maintaining a favorable spread environment to support your trading needs.
5. Leverage Adjustments
Reducing leverage increases margin requirements, helping to mitigate the risk of over-leveraging and excessive risk relative to capital, thereby minimising exposure to potential liquidations during volatile conditions.
6. Important Date Reminder
Please remember that November 5, 2024, is the date of the U.S. election. We encourage everyone to stay alert to market developments.
* STARTRADER reserves the right to adjust leverage downward or increase margin requirements based on circumstances. The maximum margin requirement may be increased to twice the original amount.
For example, in the case of XAUUSD, if the original required margin for 1 lot was $250, the required margin after adjustment may rise to a maximum of $500.
If you have any questions or require any assistance, please do not hesitate to email us at info@startrader.com or via Live Chat at https://www.startrader.com/.
Thank you for your support!
STARTRADER Team
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