Author Topic: Margins  (Read 1625 times)

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Offline Larry

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Margins
« on: 08/11/2018, 09:39:20 AM »
Howdy. FP markets margin on MDY is 80%. I thought this ETF would be liquid enough to have 10%. It makes it difficult to trade if the AUD keeps rising from its breakout. EWZ was 20%. Hopefully we will see a drop in margins soon. FP markets $15 USD per trade, instead of Saxo's $10, is well and truly compensated by their lower borrowing fees, which is a nice little plus. I contacted FP about the 80% and if in the future there would be a lowering of it. Looking forward to seeing what they say. Cheers

Offline Larry

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  • Posts: 32
Re: Margins
« Reply #1 on: 08/11/2018, 12:15:26 PM »
Howdy. FP said they would move the MDY margin to 10 % for me. I was quoted 80% last night on the phone and buy screen. Might pay to double check if FP ETF seems a bit high. All good. Happy with FP Markets communication etc. Cheers