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Demo - Trade gets closed


Guest curiouslyQ

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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. 

 

 

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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 

 

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    • Look at the transaction log to see why, Most of the time it's because your stop loss is set too close. 
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