Jump to content
  • 0
Sign in to follow this  

Demo - Trade gets closed

Question

Guest curiouslyQ

Hi Team,

I've been in and out of the IG platform for a while now, mainly trading a demo account for practice. I recently got more active in trying to improve myself, so it's good to meet everyone.

I currently have 2 questions,  The first is why a trade I made (I was in profit) might have gotten closed automatically? I was trading the EURAUD pair, I understand a trade closing to a stop lost but not sure why it would happen the other way around, I do sometimes leave trades overnight though, would that have an affect?

 

second question: is there a way to experiencing leveraging more than x1 of my contract with a demo? I would switch to MT4 platform but however I find it confusing on setting it up at the start and the appearance isn't as appealing to look at. 

 

Thank you for your time. 

 

 

Share this post


Link to post

1 answer to this question

Recommended Posts

  • 0

I'd have to have a look into the specifics of that curiouslyQ - can i suggest you login to community via https://community.ig.com/login and comment below so I'd be able to link your demo acc to your query? 

Possibly a limit was hit, possibly you were trading a future or there was an expiry? I would have to check.... 

You will be seeing leverage on your account though. The regular 'retail' margin is 3.33% if you're a European client https://www.ig.com/uk/help-and-support/spread-betting-and-cfds/fees-and-charges/what-are-igs-forex-spread-bet-product-details 

 

Share this post


Link to post

Your content will need to be approved by a moderator

Guest
You are commenting as a guest. If you have an account, please sign in.
Answer this question...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Member Statistics

    • Total Topics
      5,852
    • Total Posts
      25,307
    • Total Members
      31,478
    Newest Member
    Sukima
    Joined 12/12/18 08:08
  • Our picks

    • China to cut US car tariffs from 40% to 15%- EMEA Brief 12 Dec
      Asia stocks were higher Wednesday morning; Nikkei 225 rising over 2%, ASX 200 up by 1.25% and Hang Seng Index around 1.36%. This was followed by the news of China to cut US car tariffs from the planned 40% to 15%, the same tax charge on car imports from other countries
      • 0 replies
    • The pattern continues - APAC brief 12 Dec
      The pattern continues: Wall Street indices have been swinging about madly again. The pattern continues: an open, a rally or fall, then a retracement or recovery. Today we’ve had an open, a rally, then retracement, then a recovery again. There were stories behind this price-action. Everything that happened overnight appeared perfectly explicable. One wonders though if the swings in trading activity are being overly attributed to headlines. Or perhaps it’s the case that higher volatility and sensitive nerves are leading to accentuated moves. Whatever the cause, fundamentally, the bears still have control of the equity market. There is a softer intensity to the selling on Wall Street this week. However, with the extremeness of last week’s moves having not been unwound yet, what we are seeing is sellers piling in on top of sellers, bit by bit.

      ASX200: SPI futures have turned positive, after oscillating wildly during the overnight session. That contract is indicating a 17-point jump for the ASX200 at time of writing. Yesterday was a tepid but respectable day for Australian shares, managing to muster a 0.4 per cent gain for the day. Volume was slightly above the 100-day average and breadth was okay. Growth stocks led the charge, following US tech’s gains the night prior, with the health care sector up 1.7 per cent, courtesy of a strong bid for CSL and ResMed. The materials space was the biggest points score for the index, adding 8 to the overall index’s performance. The trend is still down for the ASX200, as it is with global equity indices presently. However, yesterday’s daily candle, combined with a bullish divergence on the RSI, suggests some buyers are re-entering the market in the short-term, potentially offering temporary upside to ~5700.
      • 0 replies
    • Trading in Asia was mixed as US shares stabilized overnight. In the meanwhile, the ongoing discussions between China and the US adds uncertainty.
      • 0 replies
×