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Re: Tradefair - Change to overnight financing for Rolling Daily contracts
Other LCG white labels charge 2% premium , 1% was an advantage for Tradefair over the others but ....
Got this email today:
Due to increasing margin costs we have had to increase the premium we apply to overnight financing from 1% to 2%, which will come into effect tonight. Rest assured that this remains one of the lowest premiums in the spread betting industry.
We aim to provide you with an ultra-low cost spread betting service and as a result continue to offer some of the tightest spreads in the market.
[There is a link to their FAQ for further info].
Bit of a shame I thought.
Comments anyone?
Other LCG white labels charge 2% premium , 1% was an advantage for Tradefair over the others but ....