Correct margins?

[BenL]

Hi 

I am completely new to spread betting and just signed up for a demo! I am unable to place a trade currently on 'Amazon' as the markets are closed. However I attempted to play around with the settings as though I was about to buy at a size of 0.5. The attached screenshot shows this. However, I was a little surprised that I have put the minimum trade size allowed yet the guaranteed stop (set at the minimum of 10%) is £16,464.70! Can someone confirm that this is the smallest lot I could put on 'Amazon'!? I might as well buy the share in the traditional way.

 

Any help much appreciated.

 

Thank you!

[BenL]

Why is this taking so long to approve this post?

 

[CharlotteIG]

On 10/10/2020 at 15:43, BenL said:

Hi 

I am completely new to spread betting and just signed up for a demo! I am unable to place a trade currently on 'Amazon' as the markets are closed. However I attempted to play around with the settings as though I was about to buy at a size of 0.5. The attached screenshot shows this. However, I was a little surprised that I have put the minimum trade size allowed yet the guaranteed stop (set at the minimum of 10%) is £16,464.70! Can someone confirm that this is the smallest lot I could put on 'Amazon'!? I might as well buy the share in the traditional way.

 

Any help much appreciated.

 

Thank you!

Thanks for your post. 

Apologies for the delay we didn't have support on community this weekend. 

When markets are closed the stop distances will be larger, they can also be wider when there's market volatility. When the markets are open you will see the stop distances tighten. 

All the best 

[TheGuru12]

That's probably correct. Blame the EU. 

https://www.replytoesma.trading/