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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.
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 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
Ramu
Hi
I am very new to IG platform, trying to use IG CFD, I cannot find an exact answer for the following in the help,
1. All the outstanding in the end of trading day - will be automatically transferred overnight financing? or we need to do any setting in the platform?, otherwise the trade will close in the end of the day by booking loss/profit?
2. If it is transferred to financing automatically - when can I find the interest charges per day - while placing the order
3. I was using the other Broker's platform, where I can see the exact charges and interest/day while placing the order
4. If I don't want to use CFD - just by normal equity by using cash - is I can do through the CFD platform?, other than any other platform I need to use with the same log in details?
Please help
Thanks
Ramu
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