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buy now, but how


Guest NoviceExtremis

Question

Guest NoviceExtremis
Posted

Very simple question, the simplest of all I suspect? I'd like to buy some amazon shares. Can I buy £1,000,000 using £250,000 of my own funds ? Thanks all 

1 answer to this question

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Posted

Hi @NoviceExtremis, not so simple really. If you are looking to buy actual shares with leverage (a loan) you are going to need a bank loan.

If you are looking to buy with broker leverage you will need to buy a shares derivative through a spread betting account or Contract For Difference account. If you are looking to hold that contract for the long term it would need to be a futures (forward) type contract.

You can find all the relevant info from the drop down boxes on the IG home page header and ask any questions here on the forum if needed. 

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