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Two questions from a newbie started 2 weeks ago

SAS98KGJ

By SAS98KGJ,
in Foreign Exchange (FX)

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SAS98KGJ Occasional Contributor

SAS98KGJ

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Posted (edited)

Hi,

1. Can I change the leverage (I want to decrease, not increase, when I want) on my IG CFD platform? At the moment I don't see any information about leverage, even to be aware of the current leverage provided by IG. Where can I find it?

2. When I placed my first deal in the morning the spread was 0.5 for GBP/USD,  Then, accidentally noticed about 10 pm it had risen to 11.9.  What is the reason behind such huge variation that can catch dealers completely unaware. Since I deal with only one currency pair, I did not expect having to check the spread each time I deal or place an order.

 

Edited by SAS98KGJ
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