By DominicWalsh · Posted
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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.
The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.
CFD, share dealing and stocks and shares ISA accounts provided by IG Markets Ltd, spread betting provided by IG Index Ltd. IG is a trading name of IG Markets Ltd (a company registered in England and Wales under number 04008957) and IG Index Ltd (a company registered in England and Wales under number 01190902). Registered address at Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA. Both IG Markets Ltd (Register number 195355) and IG Index Ltd (Register number 114059) are authorised and regulated by the Financial Conduct Authority.
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Been stopped out at a slight new high today on Wall Street contract - no problem, happens all the time. But further investigation reveals that neither Wall Street cash nor Wall Street futures made a new high (cash at least five points short). The only thing that made a new high was IG Wall Street contract. So as IG use the futures to hedge against our bets back to back, how did I get stopped out? The offer in the actual futures should have meant that IG were a seller below the level where I was stopped, even given the spread. That meant that IG sold me my stop loss purchases but took a far greater back to back profit that they usually do - that's not on...! Any thoughts?
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