ProSpreads Cutting Margins

ProSpreads the specialist spread betting company of choice for professional day traders and scalpers (read no newbies!) is cutting margin requirements.

NEW INTRA-DAY MARGINS FOR POPULAR PRODUCTS

-> British Pound now 3% Margin.

-> FTSE100 now 7.5% Margin.

-> Mini Dow now 7.5% Margin.

-> GOLD now 5.0% Margin.

What does this mean for you?

As a client of ProSpreads you will benefit from more leverage, now that the margins have been reduced.

For example:

A 1 lot position on the FTSE 100 is equivalent to a £10/point spread bet, where the intra-day margin will be ‘just’ £700.

Tags: day trading, Prospreads, scalping, spread betting

This entry was posted on Monday, October 5th, 2009 at 11:24 pm and is filed under Broker News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.