A number of brokers, namely Dukascopy, IG, Admiral Markets, and Oanda Japan have made the decision to lower leverage for some instruments due to the increased market volatility caused by the global health crisis. Three brokers changed leverage last Friday – Admiral Market, Dukascopy and IG. Dukascopy decreased leverage for for commodities, indices and precious metals to 1:30, while IG increased the range of minimum margin rates on new positions for the weekend on indices, FX/gold, and oil. Admiral Markets decreased to reduce the maximum possible leverage for professional clients on four oil-related CFDs. Oanda Japan on the other hand, has increased the margin requirement for certain forex pairs since March 30, 2020 and also announced they will do so for AUD/SGD, AUD/CAD, and CAD/JPY, which will be traded with a maximum of 3% margin. Previously it was 2%. I am not surprised these brokers have implemented such measures, I think the question now is who else will do that.