Important: Uk General Election Temporary Trading Conditions

06 June 2017, Tuesday

Dear Client

We would like to inform our clients that the upcoming UK General Election, which will take place on the 8th of June 2017, will possibly lead to extreme market volatility, thin market liquidity, abnormal spreads and price gaps in many currency, commodity and stock markets globally. In preparation for this, FxCitizen will be taking the following precautionary actions to protect our clients and Company from the anticipated market turbulence during the elections.

1) MARGIN requirements on all instruments will be increased to 400%, effective from 8th June 2017 server time 00:00 until the volatility of the market is stabilized.

2) Wider and abnormal SPREAD is expected including fixed spreads which may be allowed to float due to high spread received from our liquidity provider. However, we will make all possible efforts to keep it at a minimum.

3) All TAKE PROFIT will be set to default 100pips from its open price effective from 8th June 2017 server time 00:00 until the volatility of the market is stabilized. Client is free to change it.

4) Price GAP and SLIPPAGE is expected to happens which means stop loss would possibly occurs at a worse rate than originally set in the order which is quoted as [sl/gap] in your trade comment. For better understanding, please refer to

5) The offering of Deposit Bonus and Margin Booster will be temporary ceased, effective from 7th June 2017 server time 00:00 and will be resumed back on 9th June 2017 server time 00:00. Any deposit made from 7th June 2017 server time 00:00 to 9th June 2017 server time 00:00 will receive the bonus after 9th June 2017 server time 00:00.

6) If the Negative Balance is abused or done on purpose, balance will be transferred from the gaining account to offset the negative balance on the losing account.

We would like to urge all active clients to fund your accounts ahead of time to maintain margin requirements to prevent stop out of your active trades as increased margin requirement and wider spread will lower down your account margin level and may lead to stop out even though all your trades is fully hedged. Plan and revise your trades carefully especially on slippage. As always, we carry on by our commitments to our clients and assure you that all trading will be in accordance to our Client Agreement.

Please do not hesitate to contact our customer support if any question arises.

NOTE: Please be advised that, should market conditions deem it necessary, FxCitizen reserves the right to make additional changes to trading conditions in the days prior to and after the UK General Election.