Margin on Dow

[Guest DKL42]

Hi,

How much would I need to trade £10 a point on the Dow?

[Caseynotes]

15 minutes ago, DKL42 said:

Hi,

How much would I need to trade £10 a point on the Dow?

Hi @DKL42,  you can see the margin requirement calculated as you type into the deal ticket.

Will depend on account type and stop size, go to link below and click 'How are index margins calculated'.

It will be a lot as Dow is currently around 24,600 so about £12,300 margin, while FTSE at around 7,000 will be about £3,500 margin required for  £10/point.

Unless of course you are registered as a 'professional'.

https://www.ig.com/uk/spread-betting-cfds-margin