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How will the new ASIC rules affect my IG account?

If you have any questions regarding the information below please add a comment. To get the best experience on Community please make sure you LOGIN. Notifications, private messages (if required), and tagging are only possible if you are logged in.   In August 2019, ASIC has proposed changes to the way CFDs can be offered to Australian retail clients and kicked off a consultation period to open up the discussion. After gathering feedback from traders and the industry ASIC announced new regu

ASIC margin rules from March 27th

New ASIC regulations coming into force for Australia are set to standardise the way margin close out rules work for retail traders. If the total equity of your CFD account fall below 50% of the margin required for all your open CFD positions on your account, one or more of your open CFD positions will be closed out as soon as market conditions allow. On the IG trading platform the new margin close-out rules will come into effect from Saturday 27th March 2021. Please find an overview of the new r

How will the new ASIC rules affect my IG account?

If you have any questions regarding the information below please add a comment. To get the best experience on Community please make sure you LOGIN. Notifications, private messages (if required), and tagging are only possible if you are logged in.   In August 2019, ASIC has proposed changes to the way CFDs can be offered to Australian retail clients and kicked off a consultation period to open up the discussion. After gathering feedback from traders and the industry ASIC announced new regu
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