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julian


Guest juliangrainger

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Guest juliangrainger

hi, I haven't traded for about 3 years due to business .A nyway I thought I would have another go and tried to place a controlled risk bet on the dow daily. my gs  was 30 points away from entery so I was risking  £30 .it the told me I needed to put up a margin of £1250, for a £30 bet . I confirmed this with ig them selfs and they said that was correct. so my question is are there any small traders left . I have about £10000 but it dose not seem any good

 

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@juliangrainger,  you may have missed that the EU regulators severely slashed the amount of leverage brokers were allowed to offer non-professional clients. So the margin requirement is much increased as you've noticed, a major factor in the margin calculation is the price of the asset so the margin required for Dow and S&P is much larger than for Ftse and Dax for example.

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