Darwinex makes TRY pairs available for trading again
Online broker Darwinex has delivered a good piece of news for its clients today concerning trading in the Turkish lira.
In March 2021 opening of new positions in USDTRY, EURTRY, GBPTRY was suspended. This was caused by political events resulting in extremely thin liquidity and abnormally wide spreads.
Due to an improvement in the market volatility and liquidity in the Turkish Lira, the FX pairs EURTRY, GBPTRY, and USDTRY will be available for trading starting on Monday 24th of May, Darwinex says.
Although the market conditions are now more stable, the company would like to remind customers that TRY pairs can have high volatility and low liquidity. For any questions, reach out to info@darwinex.com.
Darwinex is a technology provider helping traders develop their skills and build a verifiable track record. Its technology is bolted on to its exchange providing traders with regulatory cover to charge a 15% success fee.
Founded in 2012, Darwinex employs more than 40 people across its London headquarters and its development office in Spain.