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Collateral Service


taxiboy

Question

I want to open a share dealing account, hold shares and link that to my SB account so I can open positions using the collateral service. Say I own £10,000 of shares in my share dealing account and the SB has an initial margin of 5%, is there a way to increase the initial margin to say 10% so that more of my share dealing account would be used up as collateral to open the position, thereby reducing the amount of maintenance margin required? 

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Hi @taxiboy

The margin is fixed, so there is no way to adjust it. Margin requirements are less on a Professional account though. You can see the following link if you would like an idea: https://www.ig.com/uk/pro-margins

Collateral will allow you to use the value of your shares to cover the margin requirements on the leverage account. However the percentage required cannot be adjusted. 

All the best, 

Anda

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22 minutes ago, AndaIG said:

Hi @taxiboy

Thanks for reaching out, 

We do offer a collateral service, but only to professional clients. You can see the requirements for a professional account from the following link: https://www.ig.com/uk/professional

Read more on our collateral service from the following link: https://www.ig.com/uk/investments/share-dealing/collateral-service

All the best, 

Anda

Thank you, I have read this but it does not mention whether you can increase the initial margin.

 

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