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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk.
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CFD accounts provided by IG Markets Ltd, spread betting provided by IG Index Ltd and share dealing and stocks and shares ISA accounts provided by IG Trading and Investments Ltd. IG is a trading name of IG Markets Ltd (a company registered in England and Wales under number 04008957), IG Index Ltd (a company registered in England and Wales under number 01190902) and IG Trading and Investments Ltd (a company registered in England and Wales under number 11628764). Registered address at Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA. IG Markets Ltd (Register number 195355), IG Index Ltd (Register number 114059) and IG Trading and Investments Ltd (Register number 944492) are authorised and regulated by the Financial Conduct Authority.
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Question
Guest SAE
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.
Thanks
Simon
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