Minimum bet size changes?

[Guest s&p]

Seem to have noticed that the minimum bet sizes have been lowered on some major indices?

Great news if this is the case.

Is this just on the indices?

Any details?

Regards

 

 

[Caseynotes]

Hi @s&p, the bet size has been reduced for some fx, comm and indices, see here, https://www.ig.com/uk/spread-betting-cfds-charges

Note Bitcoin came down from 70 to 50 since.

[Guest MisterK]

I wanted to open an Oil trade and now it seems the size is minimum £1/point...sigh

[Caseynotes]

I am definitely missing something here so would appreciate if anyone could enlighten me. I don't trade oil though do sometimes post news if relevant but concerning the min bet size, if both US crude and Brent crude are priced in US dollars and both figures are in the same region why would the SB min bet size for Brent be £1/point while US oil be £0.25/point, has this always been the case?  I see that the cfd min bet size is equal at 1 contract (equivalent to £1/point) for both.