Author Archive: FXOptimax PR

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Dec

24

Merry Christmas 2018 & Happy New Year 2019

FXOptimax wishes you a Merry Christmas and a Happy New Year!

Hoping your holidays and all your days are full of joy!

Please note the trading hours adjustment here.

Dec

21

2018 Holiday Season Trading Hours

Please note the following adjustment for trading hours during 2018 Holiday Season.

Forex Pairs

  • 24th December 2018 – Early close at 22:00 GMT
  • 25th December 2018 – Closed, reopen at 23:00 GMT
  • 26th December 2018 – Normal hours
  • 27th December 2018 – Normal hours
  • 28th December 2018 – Normal hours
  • 31st December 2018 – Early close at 22:00 GMT
  • 1st January 2019 – Closed, reopen at 23:00 GMT
  • 2nd January 2019 – Normal hours

Metals

  • 24th December 2018 – Early close at 18:45 GMT
  • 25th December 2018 – Closed, reopen at 23:00 GMT
  • 26th December 2018 – Normal hours
  • 27th December 2018 – Normal hours
  • 28th December 2018 – Normal hours
  • 31st December 2018 – Early close at 22:00 GMT
  • 1st January 2019 – Closed, reopen at 23:00 GMT
  • 2nd January 2019 – Normal hours

FXOptimax wishes you all of the Hope, Wonder, and Joy that the Season can bring!

Happy Holiday Season!

Dec

10

Trading Conditions Adjustment Towards Brexit Vote on December 11th 2018

FXOptimax will raise the margin requirement for all GBP pairs by 10 times, anticipating any possible market volatility on Brexit vote on December 11th 2018.

This measurement will be commenced prior to the vote. Please monitor your trading account and take any necessary adjustment to ensure you have enough margin for your trades.

If you have any question, please feel free to contact us. Please also monitor the news section in our website for further updates.

Dec

23

FXOptimax Wishes You a Merry Christmas!

Warmest thoughts and best wishes for a wonderful Christmas, full of joy, peace and love.

May

5

[UPDATE] Margin Requirement Adjustments Prior To French Presidential Election

Anticipating the French Presidential Election over the weekend, FXOptimax has raised the margin requirement for several EUR and GBP pairs as explained in the following table. These adjustments are just temporary until further notice.

Pair Margin Requirement Adjustment
EUR/USD 500%
EUR/JPY 500%
EUR/GBP 500%
EUR/AUD 1000%
EUR/CAD 1000%
EUR/NZD 1000%
GBP/USD 500%
GBP/JPY 500%
GBP/AUD 800%
GBP/CAD 800%
GBP/NZD 800%

Please plan your trades carefully following these adjustments.

Jan

9

FXOptimax Will Adjust Pro Account Commission On January 16th, 2017

FXOptimax will adjust the commission for Pro Account to USD 7 per lot for easier calculation. Instead of per currency denomination, the commission is now calculated in USD for all pairs.

It will be applied on January 16th, 2017. Please manage your trades to prior to this adjustment.

Nov

7

Leverage Adjustment to Anticipate November 8th US Election

US Presidential Election will be held on November 8th 2016 and the uncertainties surrounding the election may affect the forex market.

FXOptimax will take any required measurement such as decreasing the trading leverage between November 8th to 11th to anticipate the market volatility, in response to the election outcome or the entire election process.

FXOptimax will post any adjustment in the news section, please monitor and plan your trades carefully during this week.

Jul

4

Margin Requirements for EURJPY and GBP/JPY Have Been Reverted to Normal

FXOptimax has reverted the margin requirements for EUR/JPY and GBP/JPY to normal.

Several pairs still have adjusted margin requirements. Please see the following details:

Pair Margin Requirement Adjustment (of normal)
EUR/GBP 12x
EUR/AUD 8x
EUR/CAD 8x
EUR/NZD 8x
GBP/AUD 12x
GBP/CAD 12x
GBP/NZD 12x
NZD/JPY 10x
CAD/JPY 10x
AUD/JPY 10x

Jun

16

Margin Requirement Adjustment Summary for June 16th 2016

FXOptimax has adjusted the margin requirements for several pairs on June 16th 2016. Please see the following details:

Pair Margin Requirement Adjustment (of normal)
GBP/USD 2x
GBP/JPY 3x
EUR/GBP 2x
EUR/JPY 3x
EUR/USD 2x

Jun

14

Brexit Margin Requirement Adjustments Starting From June 15th 2016

FXOptimax will gradually increase the margin requirements for all account types and all trading pairs, starting from Wednesday, June 15th 2016. Please learn the schedule below and adjust your trading strategies carefully following these changes.

  • Wednesday, June 15th 2016 : Margin requirements will be twice as normal.
  • Thursday, June 16th 2016 : Margin requirements will be 5 times as normal.
  • Friday, June 17th 2016 : Margin requirements will be 10 times as normal.
  • Monday, June 20th 2016 : Margin requirements will be 20 times as normal.
  • Tuesday, June 21st 2016 : Margin requirements will be 40 times as normal.

The margin requirements will be reverted to normal when market reopens on Monday, June 27th 2016, but it will depend to the market reaction. Should the volatility remains, we will act accordingly and announce any future changes in our website.

Please carefully manage your trades during the next 2 weeks as high volatility is expected and please monitor the news update on FXOptimax website and personal area for any adjustment in trading conditions.

Please feel free to contact our livechat support or email us at [email protected] if you need further information regarding Brexit adjustments.