Jump to content

Big CDF Margin Increases ?


Recommended Posts

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 swing day trading unworkable.

Do other IG CDF traders have the same issue ? 

James NZ

Link to comment
  • 3 months later...
On 29/03/2021 at 16:49, trader331 said:

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 swing day trading unworkable.

Do other IG CDF traders have the same issue ? 

James NZ

Hi @trader331,

I believe you are refering to the new ASIC regulation which came into effect at the end of March. 

The leverage restrictions have been confirmed as follows:

image.png

Thanks,

Jakub

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
×
×
  • Create New...
us