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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk.
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CFD accounts provided by IG Markets Ltd, spread betting provided by IG Index Ltd and share dealing and stocks and shares ISA accounts provided by IG Trading and Investments Ltd. IG is a trading name of IG Markets Ltd (a company registered in England and Wales under number 04008957), IG Index Ltd (a company registered in England and Wales under number 01190902) and IG Trading and Investments Ltd (a company registered in England and Wales under number 11628764). Registered address at Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA. IG Markets Ltd (Register number 195355), IG Index Ltd (Register number 114059) and IG Trading and Investments Ltd (Register number 944492) are authorised and regulated by the Financial Conduct Authority.
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Question
DannyDeg
I've been trading on my CFD account and noticed on some markets/pairs the minimum guaranteed stop distance is absolutely huge - to the point of making the pair un-tradable.
Today it's the USD/TRY mini with a min stop distance of 14184 pts! I've noticed big minimums on certain stocks and commodities too which is why I've mainly been sticking to the big indexes. I imagine it's a liquidity thing but I'm not trading big positions.
Is there a way to get a tighter stop distance? I'd like to trade multiple markets whenever I see a suitable trend setup but I need the ability to manage risk.
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