The new margin rules will be effective from Wednesday.
It urged traders to capitalize their accounts to avoid margin calls..
“Due to unprecedented volatility and low levels of liquidity in the global equity markets, ThinkMarkets is increasing the margin requirements on a selection of CFD equity products across our MT4, MT5 and ThinkTrader platforms,” the broker noted.
In addition, it highlighted that the margin changes for some of the products were significant and urged traders to make sure that their accounts are ‘capitalized well enough to avoid a margin call’.
The changes in the margin requirements will take into effect from February 9, 2100 hours
A Global Broker
Headquartered in Australia, ThinkMarkets is one of the reputed global brokerage brands and is regulated in multiple jurisdictions. Offerings of the platform include trading services with forex and contracts for differences (CFDs) of indices, stocks, commodities and cryptocurrencies.
The brokerage platforms list more than a thousand share CFDs of the companies listed in several global stock exchanges.
Meanwhile, the broker is focused on the expansion of its services. It entered the institutional space last year with the launch of a United Kingdom-regulated multi-asset liquidity platform.
Moreover, ThinkMarkets is aggressively promoting its brand and inked a big-ticket sponsorship deal with Liverpool FC, one of the most popular English football clubs. Furthermore, the broker acquired a Japanese forex company last year to strengthen its presence in the Asian markets. It even opened an office in Tokyo.
