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  1. I'm playing around with a demo account before I open a real account. Below is my understanding of how it works. Do I understand correctly what is going on? I intend to buy €4.73 per point of the S&P500 at a price of 4235. It appears that all buys are leveraged at 5:1 and there is no way of reducing this? I will pay an overnight charge at the libor rate + 2.5% on €15,000 The margin requirement is 15% because the total value of this trade is above 7500 USD Once the price falls below 5% (4023) I will start receiving margin calls If the price fall
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