The Japanese branch of FOREX.com, the retail brand of international FX and CFD broker, Gain Capital Holdings Inc (NYSE:GCAP) announced yesterday in a message to its clients that it will be raising minimum margin requirements on certain currency pairs across FOREX.com platform and MT4 accounts. The changes are likely due to the recent market volatility experienced across the globe and among all asset classes.

Traders are advised that the changes will come into effect March 23, 2020 on 19 currency pairs listed below. Customers are advised that if they hold positions in the said products, they will see the margin increases take effect this coming weekend and traders should check their account status in order to make any necessary trading adjustments.

  • AUD/CHF will be increased from 1.25% to 2.00%
  • AUD/JPY will be increased from 1.75% to 2.50%
  • CAD/CHF will be increased from 1.25% to 2.00%
  • CAD/JPY will be increased from 1.50% to 2.50%
  • CAD/NOK will be increased from 1.25% to 2.00%
  • CHF/NOK will be increased from 1.25% to 2.50%
  • CNH/JPY will be increased from 1.75% to 2.50%
  • EUR/MXN will be increased from 2.00% to 3.00%
  • EUR/NOK will be increased from 1.50% to 2.50%
  • GBP/JPY will be increased from 1.75% to 2.00%
  • GBP/MXN will be increased from 2.00% to 3.00%
  • GBP/NOK will increased from 1.50% to 2.00%
  • NOK/JPY will be increased from 1.75% to 3.00%
  • NOK/SEK will be increased from 1.00% to 2.00%
  • NZD/CHF will be increased from 1.25% to 2.00%
  • NZD/JPY will be increased from 1.75% to 2.50%
  • USD/JPY will be increased from 1.25% to 2.00%
  • USD/MXN will be increased from 2.00% to 3.00%
  • USD/NOK will be increased from 1.50% to 2.00%

Some may recall that popular European broker, Swissquote, has also previously announced changes in margin, with Gold, Equity index CFDs, Equity forward CFDs and OIL CFDs seeing a rise from 2% to 4% minimum margin requirement back on February 28th of this year.