eToroTeam @eToroTeam: "📢 Upcoming USD/TRY Overnight Fees..."

eToro

Edited

📢 Upcoming USD/TRY Overnight Fees Adjustment Due to recent economic events in Turkey, there has been a substantial increase in the volatility of the Turkish lira (TRY). This has led to significant fluctuations in the USD/TRY exchange rate and subsequently impacted financing costs associated with holding open positions overnight. To align with the current market dynamics and in line with industry-standard practice, on Thursday 24th August we will be adjusting our overnight fees on open USD/TRY positions. These adjustments reflect the increased financing costs caused by the volatility. Please note that our fees can change at any time and we will not always be able to inform you of fee changes in advance. We believe in transparency and strive to give our users as much notice as possible. We understand the importance of enabling you to manage your positions as you see fit during market changes. For more information on our fees, please see the following link: www.etoro.com/trading/fees/#crypto Thank you, - The eToroTeam