Jump to content
  • 1

TRADE SIZE


YomboSB

Question

Posted

Hi

 

I am a trading newbie, wondering if any one can tell me why the min trading size varies from one instrument to the other ?

0.5 in some and 1 in some ??

3 answers to this question

Recommended Posts

  • 1
Posted
12 hours ago, YomboSB said:

Hi

 

I am a trading newbie, wondering if any one can tell me why the min trading size varies from one instrument to the other ?

0.5 in some and 1 in some ??

Hi @YomboSB

Welcome to IG Community. 

Different minimum sizes give different minimum exposures per market. There are different minimum exposures our desks are willing to take per market. This is purely based on the exposure we are willing to offer as the minimum for that market. For example, the standard minimum size you can take for FTSE 100 is 0.50 on a spread bet account. Using the current price of 7037, your exposure in the market would be 3 518.5 (0.5 x 7037). So that's the exposure size we are willing to offer our clients.

All the best, OfentseIG

  • 0
Posted

I was wondering: is it possible to calculate (roughly at least) the minimum deal size given the recent market price or volume? I have a trading bot and need minDealSize to calculate the position size. Currently  I store min. deal size values that I scraped from IG API in a database, but I am not sure if it is a good idea as I do not know whether midDealSize values are fixed and constant or updated by IG depending on price factors.

  • 0
Posted
23 hours ago, spiff said:

I was wondering: is it possible to calculate (roughly at least) the minimum deal size given the recent market price or volume? I have a trading bot and need minDealSize to calculate the position size. Currently  I store min. deal size values that I scraped from IG API in a database, but I am not sure if it is a good idea as I do not know whether midDealSize values are fixed and constant or updated by IG depending on price factors.

Hi @spiff

Please note that these are updated by IG according to price factors,  therefore you  can't use any data to predict the change.  IG decides on it's own,  what the mini deal  size is. You can find the minimum deal size on the deal ticket.

 

All the best - MongiIG

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Movement (MOVE) introduces the first MEVM (Move + EVM) ZK Layer 2 solution on Ethereum. It combines the security of MoveVM with Ethereum’s liquidity and user base.     Key Highlights: Lightning-fast speeds: 145,000 TPS Subsecond finality with low gas fees Secure, cost-effective smart contracts     Could this be the future of blockchain scalability? You can join as we explore on BingX.
    • Bitcoin has reached an unprecedented $104,000, marking a significant moment in its history. The surge is attributed to institutional adoption, such as BlackRock’s Bitcoin ETF success, positive geopolitical developments, and the deflationary effects of Bitcoin's halving cycle. These factors underscore Bitcoin’s growing importance as a global store of value and financial tool.   Fractal Bitcoin complements this growth by expanding Bitcoin’s scalability while adhering to its core principles of decentralization and transparency. The bullish momentum of its FB token, backed by it's active community got the project to be bullish, and since after it's listing the price of FB in the market has been performing extremely well, and most investors in the community are using their DCA strategy to ape more tokens.   FB is trading on bingx spot market, coupled by an ongoing carnival event that will be shared among traders that consists of 1,666 tokens for the community bullish and have decided to get their hands on some free tokens. Use this link to trade FB Trade $FB here.  
    • With Bitcoin finally surpassing the much awaited $100k hallmark, all indication points to the much-awaited bull-run. I attended an X space recently and one of the speakers highlighted that the bull-run has already started when Bitcoin surpassed it previous ATH. He noted that is normal for many people not to notice it since Eth is yet to reclaim Ath but with the like of Sol, BNB, BGB and setting a new all-time high show make it clearer. He highlights that the most surprising token was BGB, which rose from $0.5 to $2.7 and still showing signs of hitting $5. He made few assumptions that made the token achieve that hallmark before swiftly making some bold predictions that once Eth reclaim ATH then we should expect much volatility in the industry . One of the speaker claimed that the bull cycle is always short while the bear cycle is mostly longer. He said that Bitcoin normally set an all time high after swearing in of new US presidential candidate and he predicted that with the new president full support for Crypto we might see the longest bear market in the history. I have seen a lot of predictions that the mother token could hit over $200k in 2025 but what factors could push this.
×
×
  • Create New...
us