Double Leverage on CFD trading
Saxo Bank
now offers reduced collateral requirements on the Large Cap single-stock CFDs and
all Index-tracking CFDs.
Available on the first EUR 25,000 of trading accounts, clients can in effect double
their leverage when trading Category 1 and 2 CFDs, including Index Trackers.
'Double Leverage' lowers the margin requirement for the applicable CFDs (listed here)
by half, meaning greater exposure on key single-stock CFDs and all Index-tracking
CFDs.
Key information on Double Leverage:
- Reduced margin requirements on over 950 single-stock CFDs
- Available on all
Saxo Bank
Index-tracking CFDs
- More exposure in rising or falling markets
- Available on the first EUR 25,000 of
Saxo Bank
trading accounts
- Efficiently hedge your Stock portfolio from downside risk
Double Leverage explained
Currently,
Saxo Bank
offers 20:1 leverage on Index-tracking CFDs, meaning if an investor buys, for instance,
50 DAX® Index-tracking CFDs at 6300, then their collateral requirement will be approximately
EUR 15,750 or 5%.
With Double Leverage, an investor can buy 50 DAX® Index-tracking CFDs at 6300, and
your collateral requirement would be approximately EUR 7,875 or 2.5%.
NOTE THAT WITH DOUBLE LEVERAGE YOU HAVE AN INCREASED EXPOSURE TO RISK.
More on margin rates
Half margins will apply for the first EUR 25,000 (or equivalent) of collateral requirement
for the applicable CFDs and CFD Indices. This effectively lowers the margin requirement
for these CFDs up to EUR 25,000. Normal margin rates will apply to all investment
collateral over EUR 25,000 (or equivalent) and to CFDs rated as category 3 or higher.
If you are not already a client with
Saxo Bank, open an account today and take advantage of this offer.