Jump to content
  • 0

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


Konrad

Question


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

Link to comment

2 answers to this question

Recommended Posts

  • 0
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

Link to comment
  • 0
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

Link to comment

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
  • General Statistics

    • Total Topics
      21,195
    • Total Posts
      90,731
    • Total Members
      41,306
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    sbehdadkia
    Joined 30/01/23 19:24
  • Posts

    • Trying to buy First Trust Nasdaq Cybersecurity ETF (CIBR) but the order keeps getting rejected, even with Order type = limit and expiry = Day (all  sessions).  Please advise.
    • @MongiIG How long does it take to reply to a simple question?
    • Look Ahead to 31/1/23: Big data from the US, China, Japan; PFE, XOM, AMD earnings Ahead of the Fed meeting and the key US jobs report, investors get set to digest retail sales numbers from Germany and Japan. Plus, look out for consumer-related data from China, France, and the US. Earnings see Pfizer (PFE), Exxon Mobil (XOM) and Advanced Micro Devices (AMD) hand in their Q4 report cards.   Angeline Ong | Presenter, Analyst and Content Editor, London | Publication date: Monday 30 January 2023        
×
×
  • Create New...