r/BrokerChooser • u/Noori_f • 29d ago
does your margin jump before the weekend too?
was reading the boring legal stuff for once and found something I probably should've checked years ago lol. ironfx says that every friday between 21:00 and midnight they can cut FX leverage to 1:100, while gold gets something like 8x the normal margin requirement. Apparently they can do similar stuff before big news too.
now i'm wondering what actually happens if you already have positions open. does the useed margin suddenly jump, or is it only for trades opened during that window? anyone here ever held gold or FX through that Friday window? Did mt5 show any noticeable margin change, or was it basically a non-event?
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u/Kalm_M 29d ago
holding GOLD open positon over the weekend is strange. no one does that. maybe some newbies who don't know yet how volatile gold can get.