CMC not increasing margins!
March 29, 2008admin No Comments »CMC Spreadbet deserve full credit for not increasing their margins when others all around them seized the opportunity to squeeze more paper from punters. They sent an email to this effect, and I quote:
Re – CMC Markets, I had this email a couple of days ago to clarrify margins are UNCHANGED:
‘Dear Client
It’s been a turbulent few days on the financial markets, with instruments across the board subjected to extraordinary movements thanks to the events in the property and banking sectors and the responses from central banks around the world.
At times of volatility, it’s not uncommon for trading firms to raise their margins, passing this uncertainty on to their clients. We’d like to take this opportunity to remind you of our current margin requirements, which remain the same as they were before recent events and are now even more competitive. Of course in markets like these, it’s always worth considering stop orders to manage your risk and keep on top of any potential losses.
CMC Markets offers margin rates of just 3 – 10% on UK350 and US Shares, download our Product List and see our current margins on the whole range of products offered by CMC Markets.
Spreadbetting is a leveraged product and carries a high degree of risk to your capital and it is possible to lose more than your initial investment. Only speculate with money you can afford to lose. These products may not be suitable for all investors, therefore ensure you fully understand the risks involved, and seek independent advice if necessary. Margin rates are subject to change and current rates are no guarantee of future rates.
If you have any queries regarding this e-mail please do not hesitate to contact the Helpdesk on +44 (0)20 7170 8205.
Thank you for your continued business,
The team at CMC Markets’
Tags: CMC Markets, cmcmarkets, margins, volatility
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