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Stop points away minimum


Frazz78

Question

How are the minimum values for stop losses determined and WHY are there minimums

 

I had a positive position where I tried to move the Stoploss up to 50 points (1%) under the current price but the system is forcing a minimum stop of 102 points (2%)

 

I have also had a couple of positions which i didn’t even bother to open because the stop minimum was so many points away, and the min per point so high that I could not afford to open the trade

 

I am still in demo so not sure if this is a demo only problem

 

any help would be gratefully appreciated

 

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On 06/01/2022 at 16:24, Frazz78 said:

How are the minimum values for stop losses determined and WHY are there minimums

 

I had a positive position where I tried to move the Stoploss up to 50 points (1%) under the current price but the system is forcing a minimum stop of 102 points (2%)

 

I have also had a couple of positions which i didn’t even bother to open because the stop minimum was so many points away, and the min per point so high that I could not afford to open the trade

 

I am still in demo so not sure if this is a demo only problem

 

any help would be gratefully appreciated

 

Hi @Frazz78

Thanks for reaching out.

The minimum stop distance is variable and can change. This is due to volatility in the market and our risk teams analysis. We constantly assess the market and adjust minimum distances accordingly. With normal stops we put minimum distances in place which we find appropriate for the volatility. If you're trading on a volatile market and put a stop 5pts away you will likely be closed very fast, we don't want traders wasting their money being closed out due to volatility.

All the best - MongiIG

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