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Very Confused by My First Trade
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Guest hexagon999,
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By XTRAVAGANZA · Posted
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Question
Guest hexagon999
Ok so I just opened a CFD account and deposited £300. Trying to get a feel for what going on, I bought two shares of Facebook. I put in a stop loss so the margin was only £16. Currently, the trade is on a loss of 30 cents. However, in my account it says my equity is £287. Where has my £13 gone? If I sell the shares, do I get the margin back? If so, where has the extra £3 in my account come from?
Thanks for the help and sorry for being so oblivious!
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