Guest LJRtrade Posted March 29, 2021 Share Posted March 29, 2021 I openend a standard demo account on IG to trade, and when I placed a deal, and immediately removed the deal, without any stock change, my balance went down by £20. Is this normal, as I am not sure if it accurately describes the fees? Link to comment
0 Grum Posted April 8, 2021 Share Posted April 8, 2021 If you created a DEAL in realtime on a share dealing account, you'll be charged broker fees for each of the opening and the closing of the trade. If you create an ORDER which requires certain conditions to be met, and they haven't been met yet, no deal will have been opened, so there are no broker fees if you cancel the order. Hope that helps. Link to comment
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Guest LJRtrade
I openend a standard demo account on IG to trade, and when I placed a deal, and immediately removed the deal, without any stock change, my balance went down by £20. Is this normal, as I am not sure if it accurately describes the fees?
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