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Understanding IG Charges.

Guest FarisA


I am new to trading on IG and I would like to better understand the charges. 


Recently I opened a CFD account (Australian) with $1000 AU.  I made my first trade today and sold (short) 3 shares in Tesla @ $260 US per share. The price of the stock went down and my P&L was at around  +$12 US and I closed my position. 


Currently my account has $976 AU in funds (down from $1000 AU) and my P&L are shown as $0. 


I know IG has a minimum comission of $15 US for US Shares. Could someone please walk me through the maths/detail of the charges and why the $12 US profit is not displayed? Also how do the charges change if I trade after hours?


Please note that I closed my position after hours (after 4pm Eastern Time). Below is a screen shot of my trades, note that the time is in Sydney (Australia) time. 







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