[CFD] Is there an option to add to an existing position?

[Konrad]

Is there an option in IG to 'add' to one of my existing positions?

looking at 'net off / force open' radiobutton I'd assume that 'net off' should average up/down my existing position (in case of opening new pos in the same direction as the existing one)
but this is not the case

so... is there such option hidden somewhere or maybe there is a plan to introduce it in the future?

Thanks for all the answers.
K

[OfentseIG]

13 hours ago, Konrad said:

Is there an option in IG to 'add' to one of my existing positions?

looking at 'net off / force open' radiobutton I'd assume that 'net off' should average up/down my existing position (in case of opening new pos in the same direction as the existing one)
but this is not the case

so... is there such option hidden somewhere or maybe there is a plan to introduce it in the future?

Thanks for all the answers.
K

Hi @Konrad

Positions in the CFD Account do not net off. Each position will calculate it's P/L based on the size and number of contracts, opening or closing price. All the best, OfentseIG

[Konrad]

On 01/12/2022 at 09:36, OfentseIG said:

Hi @Konrad

Positions in the CFD Account do not net off. Each position will calculate it's P/L based on the size and number of contracts, opening or closing price. All the best, OfentseIG

Wait a sec... So why there is a parameter called 'when filled' with 2 options 'net off'/' force open' in both 'new deal' and 'new order' actions

 

K