Dear Valued Client,
Thank you for choosing BYFX Global.
Due to exceptionally volatile underlying market conditions, please be informed that the below trading condition will be temporarily changed with effect from 25th March 2020 (Wed):
|Financial instruments||New leverage term|
|WTIUSD (West Texas Intermediate Crude Oil)||50:1|
|BRTUSD (Brent Crude Oil)||50:1|
After the leverage term change, please carefully examine the impact of changes in your account, especially for current positions and manage the risk of your account accordingly. Please be aware that a margin deficit in account may result to an automated liquidation. In accordance with the terms of business of BYFX Global, the policy of BYFX Global is to review the trading condition from time to time. Please refer to the “Terms of Business” in the Client Agreement for details of the trading condition of the BYFX Global Policy.
We appreciate your understanding in this matter and will notify you as soon as markets allow the relaxation of these conditions. Should you have any queries, please contact our Customer Service Department through LiveChat (www.byfx.com) from 9a.m to 10p.m office hours (GMT+8) or email at firstname.lastname@example.org, thank you.
BYFX Global Team