Pepperstone Updates Margin Requirements for European Retail Traders Using MT4/MT5

Australian FX broker Pepperstone has posted its latest change to the margin requirements. More specifically, European retail customers will be required to post a margin of 50% on the hedged portion of any instrument, effective June 5.

According to the email sent to its European clients, the new change only applies for traders who use MetaTrader 4 and MetaTrader 5 accounts. Notably, there will be no change to current trading conditions for cTrader accounts holders.

Though Pepperstone is updating the margin requirement terms for the clients onboarded under the UK’s Financial Conduct Authority (FCA), it remains unknown if the broker is doing the same for clients under other entities too.

Pepperstone has named Victor Nguyen as Head of Marketing Science. Victor will report to Tony Gruebner, the Chief Marketing Officer at Pepperstone.