Important Update: Adjustments to Margin Closeout Mechanism on CWG Markets MT5 Platform

Dear Valued CWG Client,

In light of the ongoing evolution of the global financial markets and the increasing complexity of the trading environment, we at CWG have decided to implement significant adjustments to the margin closeout mechanism on our MT5 platform. These changes are designed to substantially reduce the risk of negative balance occurrences and protect our clients from losses due to extreme market volatility. We urge you to carefully review the details of these adjustments:

Adjustment Details: The updated margin closeout mechanism on the MT5 platform will be aligned with that of the MT4 platform. This means that when the available margin falls below the required level (i.e., account funds are insufficient to maintain current open positions), the system will automatically close all open positions in the account.

Effective Date: The adjustments will officially take effect on Monday, April 8, 2024.

To ensure that your trading activities are not adversely affected by these changes, we advise you to closely monitor market conditions, carefully manage your open positions to avoid overtrading, and employ prudent financial management strategies. Establishing risk control and trading plans is crucial to prevent forced closures due to sudden market movements.

We appreciate your understanding and support as CWG continues to strive to provide a safe, transparent, and fair trading environment. Our commitment to ensuring our clients remain competitive in the ever-changing market landscape is unwavering.