By iamcryptic · Posted
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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk.
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CFD accounts provided by IG Markets Ltd, spread betting provided by IG Index Ltd and share dealing and stocks and shares ISA accounts provided by IG Trading and Investments Ltd. IG is a trading name of IG Markets Ltd (a company registered in England and Wales under number 04008957), IG Index Ltd (a company registered in England and Wales under number 01190902) and IG Trading and Investments Ltd (a company registered in England and Wales under number 11628764). Registered address at Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA. IG Markets Ltd (Register number 195355), IG Index Ltd (Register number 114059) and IG Trading and Investments Ltd (Register number 944492) are authorised and regulated by the Financial Conduct Authority.
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Question
Guest SqueakyVoicedTeen
Hi, I'm new to IG and am using the demo account from the browser platform (i.e. the web site, not an iOS or Android app, nor MT4).
One thing that strikes me is that the live and demo workspaces look exactly the same, I would expect to see a large "DEMO" banner, or that the top menu bar be, say black in demo and red in live.
As I'm new to this I expect to be going back and forth between the two to try out new strategies in the demo before I use real funds. My worry is that one day I'll be in live and think I'm in the demo, and place a large trade and let it bomb out.
What do others do to ensure you don't make that mistake?
Also just a quick question re the naming of the indices IG use, is this correct?
Wall St = Dow 30?
Germany 30 = DAX?
US tech 100 = NASDAQ-100
US 500 = S&P 500 Index?
Thank you!
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