The second round of presidential elections in Turkey will take place soon - as early as Sunday, May 28. We are again taking temporary measures to ensure the safety of our clients, as our analysts expect increased spreads and high volatility of Turkish lira during the elections in Turkey.
From May 26 to May 30 included, we will temporarily limit trading in Turkish lira (TRY) pairs. During this period you will only be able to close your current open positions.
We want to protect your funds and avoid possible trading losses during this volatile period. Please be careful when trading with Turkish lira pairs until the market stabilizes.
We also have the option to change the margin requirements for Turkish lira pairs depending on current market conditions.
If you have any questions or need more information, do not hesitate to contact our Support team. We are always here to help you.