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Day Trading or Swing Trading with IG

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Guest Heather

Is IG a day trading brokerage or is it usual to swing trade through IG without incurring penalties? I've heard there are penalty charges for leaving funds in a position overnight with IG.

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There are charges for leaving positions open overnight unless you have opened a 'future' as opposed to a 'cash', and in that case you get hit with a larger spread instead.

Edited by dmedin

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