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Forex Broker News for June 2015

You can find and read the latest news and press releases from all of our partner brokers here.

Queen's Birthday Market Hours

Monday 8th of June 2015

Monday the 8th of June is the Queen's Birthday Weekend in Australia. This will temporarily influence market hours for the AUS200 Stock Index as well as bank wire funding and withdrawal services.

Normal bank wire funding and withdrawals will resume on the 9th of June. Accordingly, please ensure that you have adequate funding in your account to accommodate for the pause in normal bank wire transfer services. POLi transfers for Australian and New Zealand residents will still be available, allowing for instant bank transfers.

Throughout this Australian holiday, Pepperstone will continue to provide their excellent support.

All other Pepperstone products will continue to trade as normal.

WebTrader Is Now Live

Wednesday 3rd of June 2015

Pepperstone is pleased to announce the release of their new cloud-based WebTrader for MT4.

Available to Pepperstone live clients only, the new WebTrader allows traders to access full market depth on the go, and the convenience of single-click order entry, all encased within a cutting-edge, user friendly interface.

The intuitive, sleek and fully responsive interface is designed with the mobile, tablet and desktop traders in mind. The adaptive user interface responds to your desktop or mobile device and displays the appropriate version of the platform.

Trade on the go with this new convenient and powerful, cloud-based trading platform.

Queen's Birthday Update

Tuesday 2nd of June 2015

Please be advised that IC Markets will not be processing deposits and withdrawals on Monday, 8th June 2015 due to the Queen's Birthday holiday in Australia.

However, their accounts department have extended the cut off time for withdrawals request on Friday. Clients can send in their Withdrawal requests up until 2pm AEST on Friday, 5th June 2015.

Clients of AxiTrader now have access to Equity Index CFD's, Commodity CFD's and to their Pro Account Service on the MT4 Trading Platform.

Their range of popular Equity Index CFD's include markets from Europe, Asia and United States.

Pro Accounts Are Now Available

AxiTrader Pro account service offers clients a commission based pricing option with reduced bid-offer spreads.

Commissions are charged in the Account Currency and are based on the number of standard contracts bought or sold in each transaction. In the case of a fraction of a contract, the Commission is charged on a pro-rata basis.

Standard Account

No commissions are charged on transactions executed in AxiTrader Standard Accounts.

Change in Initial Margin Requirements

Effective close of business on 8 June, 2015 AxiTrader's initial margin system for currencies will be changed.

As each currency pair has its own particular liquidity, volatility and differing political and economic risks, Their initial margining system needs to adapt and reflect the underlying market conditions.

The immediate impact for clients who trade some currency pairs will be an increase in initial margin requirements. This means that the portion of your account balance allocated to a particular trade will now be a better reflection of the currency's risk.

The new initial margin requirements will apply to all open transactions from close of business on 8 June, 2015.

All clients are advised to ensure they have enough Equity in their accounts to meet the new requirements and avoid any unnecessary liquidation of positions.

Full Contract Specifications & Margin Requirements

Please ensure you review the full list of tradable products in our Product Schedule.

New Clients

You can open an AxiTrader account here.