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New Darwinex trading hours on NZD pairs (effective from 24 January 2022)

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Please be informed that liquidity on NZD pairs aorund 07:00 am NZ time has experienced an important drought.

This has given rise to wider spreads and larger candles around 07:00 am NZ time during the last few weeks, which in turn caused slippage and more TP and SL getting triggered than usual.

Given that the liquidity available in the market during those times does not meet the high quality standards that our traders deserve, we will be introducing a daily 1 minute break at 07:00 am NZ time on all NZD pairs (i.e., AUDNZD, EURNZD, GBPNZD, NZDCAD, NZDCHF, NZDJPY and NZDUSD) so our customers’ trades are not affected by the low liquidity available during said minute.

This means that NZD pairs will remain closed from 07:00 am NZ time to 07:01 am NZ time. The new trading hours will be effective from Monday, 24 January 2022 and will remain in force until further notice.

We will monitor the liquidity available at all times and we will remove the NZD daily trading breaks only when we are sure that the liquidity available meets our clients’ needs.

Please do not hesitate to contact us at info@darwinex.com should you need assistance.

 

Trade safe,

Your Darwinex Team

Trading on TRY pairs disabled until further notice

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As you may be aware, the Turkish lira tumbled to a record low after the recent interest rate cuts by the Turkish Central Bank.

Because of the uncertainty created by said interest rate cuts, we have taken the decision to disable the opening of new trades on USDTRY, EURTRY and GBPTRY until further notice (only allowing the closure of trades opened beforehand).

This extreme measure is to protect both our customers and ourselves.

Need help? Please don’t hesitate to contact us at info@darwinex.com.