Jump to content

Using IG ProRealTime


Recommended Posts

Hi,

So I'm new to trading and have recently started paper trading using the ProRealTime (Demo)  after using the IG web app (demo)  and I have ran into a few things I don't understand.

1. using ProRealTime doesn't feel like how I was spread betting before as now I can only select the QUANTITY of the stocks that I'm buying, but on the web app I could select the SIZE of by bet so it feels like I'm no longer spread betting but instead just buying and selling stocks.

2. Also on ProRealTime I don't understand the leverage when I place an order. An example being that I have £500 in by demo account but for some reason it allows me to execute trades where the stocks are worth a lot more than that and then when I cash out the money I lose/gain is a lot more than I was expecting and I don't know how to control or monitor this leverage.

3. On ProRealTime it won't let me view the amount of money or margin that I have in my account so that I constantly have to flick between the desktop app and the web brower app where it shows me all these details 

 I have a strange feeling that these issues might be individual to having a demo account as I can't find any youtube videos or articles that even talk about these problems. Any help with this would be greatly appreciated or if someone could let me know who I could talk to in order to understand these problems.

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      21,642
    • Total Posts
      91,938
    • Total Members
      41,929
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    KillieFan
    Joined 27/03/23 17:15
  • Posts

    • Am I able to convert my share trading account from sterling into dollars to trade with, as I mainly trade US stocks?
    • Look Ahead to 28/3/23: Australia retail sales; Ocado, Walgreens Boots Alliance, Micron results Earnings take centre stage on Tuesday with results from Micron Technologies, Walgreens Boots Alliance, Ocado, and Bellway. Watch AUD/USD ahead of Australian retail sales data. Angeline Ong | Presenter, Analyst and Content Editor, London | Publication date: Monday 27 March 2023              
    • #EURUSD: Peculiar PatternI spotted a cup & handle pattern on ⚠️EURUSD on 1H time frame.1.0777 - 1.0783 is its neckline.If the price breaks and closes above that, I will expect a bullish movement.Goals will be 1.0843 / 1.0894If the price sets a new low, the pattern will become invalid.
×
×
  • Create New...