All new XAU (gold) positions opened in the thirty minutes before the daily break will be subject to increased margin requirements with leverage being capped at 1:1000.
This is a risk management measure designed to help protect you from possible high volatility after the daily break, which could result in sudden market movements and potential loss of capital.
- High margin requirement periods are:
Summer: 20:29 to 20:59 GMT
Winter: 21:29 to 21:59 GMT
- The daily market break for XAU is from 20:59 to 22:01 GMT (Summer) and 21:59 to 23:01 GMT (Winter)
To know more about the trading hours for various instruments, click here.