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A bit let down by minimum’s


Guest cobibudge

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Guest cobibudge
Posted

Hi all, 

I recently signed up to IG, i was feeling very impressed by the education section, the platform and the app, all seemed great and easy to use. However when I went to place my first trade and fund my account, I was extremely disappointed to see that the minimum deposit is £250, and also that the minimum trade value is £90. 

I’m a fairly big but not a huge investor, and I often like to test the waters of a stock by purchasing just a few shares to see how they perform before moving on to the bigger trades. Unfortunately with IG it doesn’t seem I can do this 

why do IG have these 250 and 90 pound minimums? When firms like Hargreaves Lansdown, Barclays etc do not, and are there any ways around it/any flexibility? Because I’m a big fan of everything else 

Guest PandaFace
Posted

Those mins aren’t bad IMO. Given the margin requirements etc it’s probably needed. What trade you looking to do? You can test in demo if required.

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