Jump to content
  • 0
Sign in to follow this  

Better info on IG tier margin

Question

Recent email re goal posts moving yet again ! margin rates and tier costings increase ....does anyone have better explanation of how this works for the client .

( other than  obvious squeeze to benefit IG ? )

Share this post


Link to post

4 answers to this question

Recommended Posts

  • 0
27 minutes ago, Tudor2 said:

Recent email re goal posts moving yet again ! margin rates and tier costings increase ....does anyone have better explanation of how this works for the client .

( other than  obvious squeeze to benefit IG ? )

Changes to our margin rates and tiers

We regularly review our margin rates to ensure they accurately reflect current levels of market volatility and liquidity, as well as a number of other factors that can influence risk.

We’ve conducted a review of our index, forex, commodity, interest rate and bond margins, to bring them in line with current market conditions. These changes will come into effect for both spread bets and CFDs on Saturday 16 February 2019.

Please ensure you read our latest retail margin rates for both spread bets and CFDs carefully, as margin requirements for various markets will rise or fall. Also note that the tiering structure for various markets will change. This means that while initial margin rates may not change, your margin requirement could still increase due to a reduction in tier sizes.

New margin rates for retail traders
 

Asset Class Spread betting margin rates CFD margin rates
Forex View PDF View PDF
Indices View PDF View PDF
Commodities View PDF View PDF
Rates and bonds View PDF View PDF
Other markets View PDF View PDF


How will you be affected?

If you have any open positions in affected markets on Saturday 16 February, the margin required to keep those positions open may rise. You’ll need to have enough money in your account to cover any increase and prevent your positions from being closed out.

Please note that margin requirements for working orders will also be subject to the new margin rates.

Changes to margin rates and tiers are the same for cash and futures CFDs and for daily funded and futures bets. For full details of how we calculate our margins, please visit our website .

Please note that the changes also apply to positions opened via MT4.

Share this post


Link to post
  • 0

Klkl thanks. Scanned a couple and saw someare increasing and some are decreasing. 

It is what it is. What are you trading specifically @Tudor2 which you have an issue with. Assume you don’t mind a reduction in margin (more leverage) so assume you’re annoyed about greater margin? 

Share this post


Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting 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
      6,934
    • Total Posts
      32,983
    • Total Members
      42,790
    Newest Member
    nkamira
    Joined 25/06/19 23:48
  • Posts

    • Perhaps even less stellar is that none of the essential "Greeks", except for Implied Volatility, are published for any Options on Indexes and Commodities. Options are therefore impossible to price in order to judge "fair value" using any of the traditional metrics. Also since "Theta" is missing one has no idea of the time decay in valuation etc. etc... An account with a futures broker seems the only way if one is serious about Index or Commodity options. I also have an account with Nabtrade, which allows buying calls and puts, as well as writing covered calls for many individual shares but does not allow writing puts, covered or otherwise. What's a punter to do I ask you...?
    • I joined IG  to trade Options chains. and when i enquired i was told i could do this on the Spread Betting platform.  No mention of  needing to telephone in - feel both surprised and disappointed. most likely will close ac. as do not understand why this information was not mentioned
    • Visa are beginning to flex their muscles in relation to tokenisation. This article has just been released. Visa Buys Rambus Payments To Tokenize Any Transaction On Any Network https://www.pymnts.com/visa/2019/visa-buys-rambus-payments-to-tokenize-any-transaction-on-any-network/
×
×