The latest developments in the banking sector have prompted online broker eToro to change trading conditions.
The company is reducing the leverage on new positions in the banking industry.
The notice issued to eToro clients can be read below:
“Please be informed that due to the current situation we are reducing the leverage available for new positions in the banking sector on eToro to a maximum of X1.
This will only affect future positions and does not apply to existing positions.
The restriction will remain in place until our risk management criteria allows us to enable additional leverage. We apologize for the short notice and appreciate your understanding in this matter.
Thank you,
The…
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