Dukascopy Offering Traders of EUR/CHF 1% margin

Dukascopy plans to offer traders a margin of 1% margin on the turbulent EUR/CHF Forex cross. Similar to its counterparts, the bank changed margins on the currency as markets were floating tough ground. As one of the initial leading brokerages,

Dukascopy reinstated usual conditions as markets continuously recover from the 5th of January complications in the domains of the SNB.

The announcement came from its website with the firm describing the state of the Swiss franc and its position on the matter. The announcement stated the path taken by Dukascopy is the opposite way for it welcomes EUR/CHF back to the family by straightening its extra requirements with the other leading currency. 

The implementation of the revision will start on the 25th of January, 2015. Being one of the original providers, the firm changed authority on the 12th of October when bank executed new powerful rules that lift margins to 10%.

Dukascopy stated that the marketers have been cautious of a Swissie revolt in October and added that a possible break of the 1.2000 stand of EUR/CHF may provide important price gaps and bring pessimistic equity on the account of clients