The Cryptocurrency market continues to be highly volatile and is exposed to high liquidity risk. As a result our risk management team has decided to further increase the margin requirement for all Cryptocurrencies from 20% to 50%. However, BTCUSD will remain at 20%.
This adjustment will be effective from Friday the 22nd of December 2017 at 00:00 MT4 time/09:00 AM AEDT.
The new margin requirement of 50% will apply to all new and existing positions. Any clients planning to continue holding Crypto positions should consider the margin impact this will have on their account and deposit additional funds if necessary.
We will continue to carefully monitor market volatility and should there be any further changes, we will contact you via email, the trading platforms, or by changes on our website.
We appreciate your understanding and thank you in advance for your cooperation.
IC Markets Team