What happens to trades when forex markets close?
Joined 09/06/23 17:04
By SergioLage · PostedHi, I started trading Brent Crude Oil in IG platform but I could find a formula to correctly calculate the size I have to put while creating a position, based on the available amount I have. The quotation is based in points and it makes me wonder how operate. Any help is welcome. Also, I plan to work with some leverage in the future, so any tip on this matter is also welcome. Thanks.
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Update - I am trying to transfer the existing Polymetal shares with IG.com to Wood & Co. Has anyone tried this or are in the process? You will need a bank account with bank in EU or Revolut bank app. The form for requesting transfer is on https://polymetal.wood.com/form/individuals
What does IG do with trades still open when the markets close, i.e., between 9pm Friday and 10pm on Sunday for forex. Do they remain open?
Will forex trades be left open indefinitely, so long as your stops aren’t hit?
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