Danish binary options broker
Saxo
Bank
is already preparing for elections in the United States. And although the number of Trump fans is getting smaller every day, however, an increase in volatility cannot be avoided, as during all significant events. The Danish broker is ready for this and is already starting to raise margin requirements. These requirements will affect almost all assets, the broker offers almost all possible currency pairs, securities and commodities in its portfolio. The changes will be different in relation to different assets, for example, in the case of major currency pairs, we are talking about an increase in collateral requirements by 2-3%, but in relation to more vulnerable currencies, the growth will be more tangible and will amount to 10-15%. Klaus Nielsen, Head of Markets
Saxo
Bank
, has already commented on this situation, explaining that the broker simply wants to provide its investors with the opportunity to earn even despite the increase in volatility. And this statement has a serious justification. The broker raised margin requirements before the referendum in the UK, and the broker’s clients were able to benefit from this situation.
It should also be answered that other brokers are also well aware of the situation and the benefits that they can derive both for themselves and for their investors. Example Saxo Bank was followed by many other brokers.
