margin

[traderguy]

when trading, do i need to use the leverage assigned to each product or can i reduce that if i want to use more of my own money?

[MongiIG]

10 minutes ago, traderguy said:

when trading, do i need to use the leverage assigned to each product or can i reduce that if i want to use more of my own money?

Hi @traderguy

Thanks for reaching out. 

You can't change your margin requirements for your account as they apply per market not per account. 

The leverage offered is pair specific, please see the following link which offers a comprehensive table.

Leverage= 100/margin requirement. 

https://www.ig.com/en/help-and-support/cfds/fees-and-charges/what-are-igs-forex-cfd-product-details

You can find the margin requirements on the deal ticket by clicking on the info tab:


I hope that it helps.

All the best - MongiIG