Thread: Updated 2.0% USD Margin Requirements on April 29, 2011

Updated 2.0% USD Margin Requirements on April 29, 2011

FXCM LLC would like to notify you that margin requirements for USD denominated trading accounts will be adjusted at market close on Friday, April, 29th due to recent price changes.

New margin requirements as of Friday, April, 29th:

Please Note: It is important to monitor your usable margin closely, making sure it does not fall below zero. Please manage your positions accordingly.

As a rule of thumb, we suggest that you maintain your usable margin above 80%. To increase your usable margin, you can:

1. Deposit funds: Adding funds to your account will increase your equity and your usable margin. To deposit funds, visit the MyFXCM account portal and log in with your live account details. Deposit Funds Now
2. Reduce trade size: Closing open positions or trading in smaller lot sizes will free up usable margin by reducing the used margin deposit for holding open positions.

If you trade conservatively and are not impacted by the increase in margin requirements, you do not have to take any action at this time.

Based on price fluctuations, all margin requirements are subject to change without notice and will be adjusted up or down in increments of 10 units, determined by the account denomination (1000 yen for JPY accounts). At present, FXCM does not anticipate that margin requirements will have to be changed more than once a month. Up-to-date margin requirements are and will continue to be displayed in the “Simplified Dealing Rates” window of the trading platform by currency pair.

If you have specific questions, please contact us by chat, by phone at 1 (212) 897-7660, or by e-mail at info@fxcm.com.