Geneva based retail forex broker Dukascopy Bank has announced that it is removing leverage restrictions instituted last week, and returning trading to normal conditions.
However Dukascopy is maintaining position limits on certain GBP and EUR based indices.
Dukascopy issued the following notice today:
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Special Brexit Leverage restrictions are lifted
Dukascopy Group is pleased to announce that special leverage restrictions on currencies and indexes that have been in force since Wednesday 22 June are being removed. With immediate effect, clients will be able to trade all currencies and indexes according to the normal leverage settings. The maximum exposure limits on GBP and EUR based Indices are updated in following way:
GBP/IDX – 10 contracts
DEU.IDX/EUR -10 contracts
ESP.IDX/EUR -10 contracts
EUS.IDX/EUR – 30 contracts
FRA.IDX/EUR – 20 contracts.
These limitations will remain in force until further notice.