I started spread betting on IG last month. I have some investments in the US stock market. A total of 20 positions with half of the margin used.
I received this email from IG:
Today is the last day you can enjoy our special introductory offer of reduced minimum lot and bet sizes.
Log in to your account now to benefit from the 75% reduction in minimum trade size, across all markets.
Does that mean they are going to increase my used margin by 4? In that case, I'm screwed and I will have a super margin call.
I didn't even know I was under this promotion and I find it very unfair that I receive this email with only 24 hours notice, on a Saturday morning, with the markets closed and no chance to do anything to adjust my portfolio.