Dear Clients and Partners!
Despite an unprecedented strengthening of the Swiss Franc during the trading session on Thursday, January 15th, the most of our clients were able to avoid serious losses thanks to the preventive actions made by our Company to increase marginal requirements for the EURCHF currency pair.
As for our clients, who suffered heavy losses that exceed their deposits, the Company applied its full-time protection from the negative balance account.
In general, despite negative consequences of this event for some brokerage companies, RoboForex financial group continues operating normally – we’re still executing all orders and meeting our liabilities to the clients.
RoboForex is an international financial group. RoboTrade Ltd, an international regulated broker with "Trading in financial and commodity-based derivative instruments and other securities" license, is registered in International Financial Services Commission Belize. RoboForex (CY) Ltd, a European STP-broker regulated by the Cyprus Securities and Exchange Commission (CySEC), is an official member of the Cyprus Investor Compensation Fund (ICF).
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