Funds and Available in spread betting account

[DeeeM]

Hi There,

I currently have around £270 in my total funds verses £230 available to transfer or withdraw.

Do you know why these figures are different as I recently profited on a couple of trades to bring it up from £250 original deposit.

Thanks
Damon

[CharlotteIG]

15 hours ago, DeeeM said:

Hi There,

I currently have around £270 in my total funds verses £230 available to transfer or withdraw.

Do you know why these figures are different as I recently profited on a couple of trades to bring it up from £250 original deposit.

Thanks
Damon

Thanks for your post. 

With spread betting accounts the only thing that would reduce the available funds would be the margin for your open positions. Once you close the position and realise your profit and loss the margin will be added back to your available funds. 

If you check the figures at the top, you will be able to see the margin figure, this shows you how much has been taken from your available funds to keep your position open. 

I hope this helps.