Jump to content
  • 0

Oil and other indices margin requirements



Hey , i am a newbie here and i have a question .

I was trading on demo initially and the deposits it required to buy 3-4 contracts of oil us crude , brent crude , ftse 100 cash $10 contract and us tevh 100 $10 contract was between $2500-3000.


Now all of a sudden it demands more deposit . Almost 4 times more . Is it going to go back to normal ? And why has it changed

Link to comment

4 answers to this question

Recommended Posts

  • 0

Hi - there hasn't been a change based on the general margin, however if you specific circumstances have changed then this may have caused it (for example change of country, change of account status from regular to limited risk etc). Please give our trading services team a call and we can go through the specifics of your account, which unfortunately I can't do on a public forum. 

Link to comment
  • 0

I actually have contacted the help desk in this regard, and all they could answer is this " our regulations have been changed and the margin required to place trades on commodities, indices and forex has been increase 4 times to what it was before."

So james all of a sudden this has happened which is limiting users like me to place traders as freely as we were doing before . I have the account in UAE office. 

Are you sure that the regulations have not been changed and margin requirement has not been increased, and it may be because of change of status of my account? 

I am bound to reach you here because the help desk is not providing satisfactory answers . 

Link to comment
  • 0

Hi - So in regards specifically to the UAE there have been a number of regulatory changes requested by the Dubai regulator. We emailed clients letting them know the following:


We would like to inform you that the Dubai Financial Services Authority (DFSA) has recently revised Supervisory Guidelines for firms offering services to Retail clients; due to these regulatory changes as of 15/12/2017 our margins on Indices, commodities, shares, interest rates and bonds will increase.


Margin Changes

  • Major indices at 2%
  • Minor indices at 5%
  • Oil and Gold at 2%, all other commodities at 5%
  • Shares starting at 10%
  • Interest rate and bonds will start from a 5% margin

These changes will only effect new positions opened from 15/12/2017. Please ensure that you read the full list of margin changes on the different tiering structures carefully. Once the change comes into effect, you can view the revised margins on our website at www.ig.com/ae. As mentioned, this change comes in line with the new local regulation mentioned above. 


I hope this clarifies things for you. Let me know if you have any questions. 

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
    • Total Posts
    • Total Members
    • Most Online
      10/06/21 10:53

    Newest Member
    Joined 25/09/22 08:09
  • Posts

    • Hey @pravid17 I hope you're well.  In the leveraged trading industry there are brokers who don't hedge client's exposure and brokers (like ourselves) who do hedge client's exposure.  In a perfect world the exposure of short clients would net off the trades of long clients however this is not always the case. Our hedging model allows us to take an exposure in the underlying market for the remaining exposure which doesn't offset - This way we don't need to hedge every trade, worry about profits of our clients and results in lower costs for hedging in the underlying market (commissions, interest etc.). So say 60% of IG customer exposure in the ASX was long and 40% of exposure on the ASX was short. The 40% would net each other off but there's a remaining 20% of customers who need to be hedged to cover their positions. We go into the market and hedge this.  We make our money primarily through our spreads and overnight funding  with other fees making up a small proportion of our revenue. I would like to remind also that IG is regulated by several bodies globally, including top-tier regulators like the UK's FCA, Germany's BaFIN, Australia's ASIC - This should be quite reassuring from a dealing execution and transparency perspective.  I hope this helps, let me know if you have any other question 
    • A survey from Reviews.org, which featured 1000 Americans, found that as many as 1 in 4 US subscribers may quit the service in the next year.    Jeremy Naylor | Writer, London | Publication date: Friday 23 September 2022  There was an interesting breakdown, but the main reason was affordability. Only 18% said they would move to a cheaper competitor. IGTV’s Jeremy Naylor looks at the numbers. Netflix subscription woes Netflix Inc (All Sessions) could be in for a rough time ahead over the next 12 months if a new survey is anything to go by, which was conducted in the US. Out of the 1,000 adults that took part in this survey undertaken by Reviews.org, around 25% of those that were covered said that they would be cancelling their Netflix subscription within the next 12 months. Now, it says with that 25% of US subscribers to Netflix considering leaving, not to join a competitor, but mostly because of pressures on household bills. This is how it is split: rising cost of subscriptions - 40% inflation - 20% a lack of content - 22% spending more time on the services of others - 18% So you can see, a minority said they were going to other services, such as those provided by Disney Plus or Amazon Prime. The cost of Netflix has risen dramatically this year as its basic plan increased by 11% in January and its other plans by 20% to 25%. Now these were the first price increases for three years, so that itself is relatively new for a lot of subscribers. Netflix share price Let's take a look at the Netflix share price. You can see on the far left hand side of this chart the COVID lows at $290.39. We saw a whacking great increase there of 141% to the top and the record high in Netflix shares back in November 2021. And that was when subscriptions were rising, people were paying more for their services, and it was all humming beautifully. And then all of a sudden people started questioning the numbers of streaming services they were undertaking with some deciding to withdraw from Netflix. All of a sudden the big drops started coming through with profit warnings and sales warnings. We've recently hit a new low of $162.50. Since then there has been a little bit of an increase. We're currently trading at $232.75, but we are down by a margin of 1.75% in today's session, which reflects this news that we could well see a relatively large drop in subscribers for Netflix in the US within the next 12 months.
    • Market data to trade the week of 26 September: Nasdaq; NXT From the economic calendar next week IG technical analyst, Axel Rudolph, picks up on a short trade on the Nasdaq around US inflation data. Meanwhile, despite another light week of corporate data, Axel picks out the chart of Next plc (NXT) as an interesting trade to think about.          
  • Create New...