Hello
Apologies if this question has been asked before (I couldn't find it).
I noticed yesterday that the minimum position size increased for me, to £1/point for most of the Forex Currency Pairs. I have been trading with IG for about a month now, and I have traded with a position size as low as £0.23/point. My funds are going to be too small most of the time, to be trading at £1 per point if I am betting 1% of my account per trade, and I don't want to be risking more than that, while I'm still learning.
Is there a reason for the minimum position size increase? Is this due to market conditions, and therefore temporary, or will I now need to trade at £1 per point?
Thanks
Ian