US elections had the markets shocked last week, as Donald Trump unpredictably won the US Presidential race, sending the financial markets to the journey of uncertainty. Traders are now wondering what to expect from Forex brokers after the elections? AtoZ Forex has reached out to FXPRIMUS, inquiring on FXPRIMUS Post-US election outlook and status.
18 November, AtoZForex – Now, when Donald Trump currently is about to officially become the US President, it is high time to analyze the markets stance and start thinking about the future steps under the Republican Nominee. AtoZForex team has been meeting and interviewing Forex brokers globally to get their view on the market in the aftermath of Trump’s victory.
FXPRIMUS Post-US election outlook
AtoZ Forex Industry News Manager, Kristina has spoken with Chantelle Lea, the Marketing Communications Coordinator at FXPRIMUS Forex Broker. Below, we present to you the key highlights of FXPRIMUS Post-US election outlook.
Kristina Frunze: Was there any change in FXPRIMUS’s margin requirements?
Chantelle Lea: “FXPRIMUS did not make any changes to its margin requirements, however, it did inform its clients that it was likely to be a period of high volatility across all currency and asset markets. FXPrimus recommended clients to monitor their open positions. Also, to use margin carefully to be prepared for periods of low liquidity and wider than normal spreads in some instruments.”
Kristina Frunze: What was the most traded instrument for FXPRIMUS?
Chantelle Lea: “All USD currency pairs.”
Kristina Frunze: What does FXPRIMUS research team expect for the USD until the 20th of January?
Chantelle Lea: “We expect consolidation of USD against most majors.”
Kristina Frunze: What recommendations can FXPRIMUS give to traders trading this week?
Chantelle Lea: “Unfortunately we cannot offer trading recommendations. However, we recommend using less leverage / more margin to protect your account as volatility is still high.”
Kristina Frunze: Do you have any special promotion for traders?
Chantelle Lea: “FXPRIMUS currently offers the 100% Double Dynamo Bonus on up to $10,000 plus up to $4 cashback for every lot traded! This incredible offer is available for a limited time only, until 31st December 2016.”
Do you have questions for Chantelle Lea related to FXPRIMUS or the market post the US elections? Let us know in the comments section below.