HomeAnnouncementChange All Trading Account Leverage during May 2024 – US Economic Announcements

Please be advised that all Traze Trading Accounts with FX, XAUUSD and XAGUSD leverage set above 1:500 will have their leverages temporarily reduced to a maximum of 1:500. The reduced leverage of 1:500 will operate over the following periods seen below.

  • 14:30 to 15:10 (GMT+1) – 1st May 2024 – ISM Manufacturing PMI
  • 18:30 to 19:10 (GMT+1) – 1st May 2024 – Fed Interest Rate Decision
  • 13:00 to 13:40 (GMT+1) – 3rd May 2024 – Nonfarm Payrolls
  • 14:30 to 15:10 (GMT+1) – 3rd May 2024 – ISM Non-Manufacturing PMI
  • 05:00 to 05:40 (GMT+1) – 7th May 2024 – RBA Interest Rate Decision
  • 11:30 to 12:10 (GMT+1) – 9th May 2024 – BoE Interest Rate Decision
  • 13:00 to 13:40 (GMT+1) – 14th May 2024 – Core PPI
  • 13:00 to 13:40 (GMT+1) – 15th May 2024 – Core CPI
  • 02:30 to 03:10 (GMT+1) – 22nd May 2024 – RBNZ Interest Rate Decision

Please ensure that you have the sufficient margin required to maintain your open positions during the above-mentioned period. 

Should you have any questions please feel free to contact us. 

Traze Team

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Risk Warning: Contracts for Difference (CFDs) are complex instruments and come with a high risk of losing money rapidly due to leverage. You may be required to make further deposits in order to meet your margin requirements. You should consider whether you understand how CFDs work and whether you can afford to take the risk. The historical financial performance of any underlying instrument is no guarantee or indicator of future performance. Trading financial derivatives may not be suitable for all investors. Please ensure that you fully understand the risks involved, and seek independent advice if necessary.