Please note that we are going to be reducing our maximum leverage on HKD and DKK based currency pairs this month - reducing the maximum leverage down gradually so as not to stop out existing positions and are contacting those affected clients to manage their positions. The reduction will take all currency pairs referencing HKD or DKK down to 20:1 maximum leverage.
The reason for this is due to the risk of pegged currency pairs - which have a larger risk of price gaps if a peg needs to be defended and eventually breaks. The Danish central bank recently intervened to defend its currency peg, and this has prompted the review of the available leverage we offer: https://www.bloomberg.com/news/articles/2022-01-04/denmark-dumps-7-billion-in-kroner-on-fx-market-to-protect-peg
Update from Chris (5th May 2022)