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Big CDF Margin Increases ?


trader331

Question

Has there been a big Increase in margins for CDF trading since last week ?  Only started Monday 29th.

When I try to put on a IG CFD trade or order I get a huge increase in margin charged.

For example , when trying to place a Buy for 1 position on the US 500 , the dashboard shows Size 1 AUD $1 per point , pts away minimum 3.  But when I put in a stop of 10 or 30 etc I get the same charge of A$198.65 (NZ$216.68)

Why this huge increase in trading margin charged when this is not shown on the pts away minimum ?

I this is a new IG policy , this will end my trading with IG.  It makes trading unworkable.

Do other IG CDF traders have the same issue ? 

James NZ

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