confused about margin
Joined 10/06/23 07:17
Why isn't there a way to set options stop loss on IG platform? Are you planning to implement this feature?
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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I deposited 1000AUD into IG account and invested in 2 companies. i bought 20units of $30 and 50units of $10. I discovered that I paid less but can get exposure to more. There is an extra of $168. Is this known as the margin? I have a limited risk account. Will i lose more than my deposit? Will IG ask me for more than my deposit if market is against me?
i also discovered that i can also WITHDRAW $788 worth of funds back to my paypal account. What does this mean? How come I can still withdraw $788?
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