Notifications

Ultima Markets Specification Adjustments Notice

5 May 2023

Dear Client,

The upcoming Turkish general elections on May 14 may cause high market volatility and widened spreads for TRY crosses.

We will adjust the specification for the relevant products to address market risks.

• Detail：

1. Effective Date: 8, May 2023

2. Adjustment: The leverage of TRY crosses will be adjusted from 20:1 to 5:1.
　　　　　　Trading access will be adjusted to “Close Only.

Note: The actual execution data may be subject to change, please refer to the MT4 software.

• Friendly Reminder:
1. The margin requirements for the above products will increase with the leverage adjustment. Your margin level may be affected; please pay attention to your account’s risk.
2. The holding positions can be kept after the adjustment, but new positions in TRY crosses will not be processed.

If you have any questions or require assistance, please do not hesitate to contact [email protected].

Kind regards,
Ultima Markets

mervin

See Full Bio