eToro, an online broker, has sent out a warning to traders about the changing prices of trading tools linked to the Turkish lira as its value is fluctuating.
eToro statement:
Due the exceptionally high volatility and significant short interest in the Turkish lira, we would like to inform you about the recent increase in fees regarding this asset.
In light of the current market conditions, we are diligently updating our costs to reflect the prevailing pricing provided by our trusted liquidity providers and the FX exchanges. This ensures that we maintain transparency and align ourselves with the market dynamics.
Rest assured, we’re actively monitoring the situation and exploring all available options to minimize the impact of this volatility.
Thank you for your understanding and cooperation during these challenging times.
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