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AndaIG

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Posts posted by AndaIG

  1. Hi @Vinodksing

    Thank you for the query, 

    1. You can do a rough currency conversion at today's market values.

    2. We aim to complete a transfer within 14 days but this is largely dependent on the responsiveness of your broker.  

    3. Any changes in the share holding mid transfer will cause delays in the transfer process as the your broker valuation will keep changing. You would not need to re-initiate the transfer, it is only the valuation that will change. 

    All the best 

    Anda

  2. 2 hours ago, Guest Jay_FX said:

    IG-USDCAD-trade.png

     

    Is it possible to manage two separate trades on the same FX pair with independent Stop Loss and Take Profit? On this USD/CAD pair I entered two trades, yet I can only enter a SL/TP on the entire pair. My same SL is applied to both trades and for some reason there is no close button on the second trade. Any ideas?

    Hi Jay

    Thank you for reaching out

    By the sounds of it your account is US based. In the US you must close positions on a First In, First out Basis(FIFO). This is an NFA rule that prevents hedging, which is illegal in the US. This rule forces each position to have only 1 stop loss and 1 take profit. This means that the stop loss/take profit has to be applied to your aggregate position on a specific pair and not just the one entry. 

    All the best 

    Anda

  3. Hi @mikess0808

    Thanks for reaching out, can you check your spam folder. A bulk email was sent to all clients with the entitlement to take part in the rights issue. 

    To take part please email corporate.actions@ig.com stating your intent to take up the offer.  Please stipulate your account number/ID on the email. We will email you a confirmation that we have received your election, but as we will expect high volumes, please bear with us as it may take up to 48 hours.

    All the best

    Anda

  4. Hi @Doggie52

    Its the same charge, the same spread is applied in both cases if they are happening at the same time. The only exception is shares as we offer a concession on market spread. Thus in this case only it would be more expensive to sell the previous contract and purchase the next online. Yes manual rollovers are done by our dealers but you can essentially do the same online. 

    Thanks

    Anda

  5. 12 hours ago, Guest Rob said:

    Why are position size limits set to min 0.5 per point in IG demo accounts? and why are they not allowing me to go as low as 0.04 in my IG live account? 

    Hi Rob

    The minimum bet size is stipulated by our dealing desk. You should be able to trade in smaller sizes on the MT4 live account. 

    All the best

    Anda

  6. Hi @KJM34

    Thanks for the query

    1. The commission is 0.20%  per side of the trade, with a JPY1500 minimum charge online. 

    2. The default price is usually delayed by 15-20 minutes

    3. We would pass on any trading halt experienced by the exchange

    You can find details on our share offering from the following link:

    https://www.ig.com/au/help-and-support/cfds/fees-and-charges/what-are-igs-shares-cfd-product-details

    All the best

    Anda

    • Like 1
  7. Hi @noon

    Thanks for reaching out.

    Please note that on FX we have a variable spread. 0.6 points being the minimum on EUR/USD, average spread being 1.04 points. You can find this information from the following link: https://www.ig.com/uk/help-and-support/spread-betting-and-cfds/fees-and-charges/what-are-igs-forex-spread-bet-product-details 

    I have included some extracts from the page for your convenience. 

    All the best 

    Anda 

    image.png

     

    image.png

  8. Hi @Carbon

    Still no update at the moment, the ticket is still open and is being looked at. Thank you for your patience, the IT team deals with a number of cases at different priority levels. As soon as we do get feedback we will post on this chat. FYI the incident number is now INC0587540

    Thanks 

    Anda

  9. Hi @Doggie52

    Thank you for the query

    We have automatic and manual rollovers. Automatic rollovers will rollover your positions automatically close to the expiry of the contract. This option can be enabled on My IG>Settings>Rollovers. You can find details on how this is done in the market info section on the platform. There are slight differences depending on the market. Please see the following example of how we treat indices:

    image.png

    Manual rollovers are done when you do not want to wait to expiry. You would then call in, a dealer would quote you a closing price for the current contract and an opening price for the following contract.

    In all cases rollovers involve realising the profits/losses sustained in the previous contract before moving on to the new contract. Auto-rolling a position and outright buying and selling theoretically results in the same spread charges applied, with the exception being share forwards where we offer a concession on market spread. 

    I hope this helps. All the best

    Anda

     

  10. Hi @Hampshire321

    Thanks for the question, 

    Our leverage is fixed depending on the instrument and whether you are a retail or professional client. We show our margin factor in the market info section of the platform. You can calculate leverage by dividing 100 by the margin/deposit factor. e.g on shares deposit factor is 20% therefore 100/20 would give 5:1 leverage on retail accounts. 

    All the best

    Anda 

    image.png

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