Margin cuts

Splitlink

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Finspreads have have reduced their margins by 50% on a lot of instruments this month.

It looks a very attractive proposition but all should remember that the market, still, will go up and down in the same old way as before. Do not double up if you are not competent, as a trader, to do so.

Its a way to get cleaned out very quickly and margins, when high, are a good way to help stop impetuousness.

It has stopped me, more than once, and am not so sure that Finspreads have our interests at heart!

I am not saying that they are bad, though. Just be careful.
 
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