Jump to content
  • 1

Guaranteed Stop Requirements



Hi All,


Does anyone know what the Guaranteed Stop requirements are? For example, If I place my 1st trade (on forex pair) for £32 per point and set the Guaranteed Stop to 30, I'm good. If however, I place a 2nd trade on the same pair for £48 per point with a Guaranteed Stop of 30, it fails to place the order. I understand that the Guaranteed Stops are stepped depending on the total pounds per point of the combined trades.


Does anyone know what these price thresholds are? Also, what happens with the Guaranteed Stops if I start trading at £128 or higher combined.


I hope this all makes sense? I've not been able to find the information within the IG Site.





Link to comment

3 answers to this question

Recommended Posts

Hi , thanks for the post and sorry to hear you've struggled to find some information you need.


Without knowing exactly which FX pair you are looking to trade, I can't confirm for sure why you are failing to place the order, but it is likely due to not adhering to the guaranteed stop spacing for multiple positions or certain values.


For example, if you are trading USD/JPY with a guaranteed stop, we can only guarantee JPY 10,000 per point for each stop level, which is the equivalent of around $90, or £70.  Therefore, your first trade of £32/point is within this limit, but once you add another £48/point, this pushes you to a total of £80/point, which cannot all be placed with the same stop level.  This is where you need to space the stops: the first £70 (ish - indicative) can be placed with the usual minimum stop distance of 15 points, but for the remaining £10/point, these need to be at an additional 30 points away in order to be guaranteed.  The minimum distance and spacing should appear on your deal ticket when trying to trade or when you get a rejection.


I appreciate this perhaps seems complex, and would welcome your feedback on how we could make it clearer or more transparent.  The reason behind the spacing restrictions is due to perceived market liquidity and volatility, and so we can honour guaranteed levels should the need arise.


Please do let me know if you have any more questions or if something doesn't make sense!




Link to comment

Hi Hannah,


Thanks for coming back to me. If the system knows I have a position open with a Guaranteed Stop then the next ticket I start to open could/should do the following:


1. After I set the position size and select Guaranteed Stop, the box should auto fill with the minimum requirement for me to place the position.


As it stands now the system doesn't warn you that the Guaranteed Stop level is wrong until you try to place the position. By that time we have wasted time and possibly the opportunity to enter the trade. 

Link to comment


This topic is now archived and is closed to further replies.

  • General Statistics

    • Total Topics
    • Total Posts
    • Total Members
    • Most Online
      10/06/21 10:53

    Newest Member
    Joined 07/10/22 15:37
  • Posts

    • Hi @greenscorpio1000 Unfortunately we do not have this feature on the mobile app. You can only access the Swap rates on the web platform. The screenshot attached is an indication of todays rate (now at -2.67) which will be a charge on the account. Please note that open positions held through 10pm (UK time) on Fridays will be adjusted for three days’ worth of funding to cover the weekend. All the best, O.D
    • Recent commentary from a number of high-profile Federal Reserve members indicates their willingness to keep up the pressure on fighting inflation.   The incoming consumer price inflation (CPI) data on Thursday will be key and may surprise on the upside as has been the case for much of this year. IGTV’s Jeremy Naylor looks at EUR/USD.          
    • Market data to trade the week starting 10 October: US earnings; US CPI For equity traders it’s the start of another period of intense activity as third quarter earnings begin to be released. IG technical analyst, Axel Rudolph FSTA, looks at the chart of JP Morgan (JPM) as an opener. Axel also examines a trade around US inflation and chooses to analyse the S&P 500.          
  • Create New...