Jump to content

dynamitedean

Members
  • Posts

    1
  • Joined

  • Last visited

dynamitedean's Achievements

0

Reputation

  1. Hello there, With 900 plus trades on Oil CFDs' decided to look at spread betting for the tax aspect. Coming from ETORO. I have a question , ETORO is automatically defaulted to a stop loss of 50% editable of course if you want lower than this then of course you need to add money . Reading IG stuff, something about 75% of money invested you get a margin call. 50% it closes like ETORO and any one else would. SO , this 75% bit Im not clear in their notes, is this saying that if the money you have in the game is -25% you get an email from IG ''margin call'', and if you maintain this for 24hrs they ''may '' close your position and if this is maintained over the weekend they may close some or all positions. A lot of maybe's and trip wires here. I may have got the wrong end of the stick here but -25% sounds a lot to a person trading shares but to us ''oilys'' with leverage this is semi normal for me - it is a 1 in 5 event. thanks to anyone to clear this up. DD
×
×
  • Create New...
us