Hello,
Once my margin requirement is < 50% of my equity I like to withdraw money from my spread bet account.
However, due to most of my positions having been open a good while (I don't trade much) and the account running profit being large, the Funds figure is only approx. 5% of my total equity. According to the withdrawal page I cannot withdraw more than the "Funds" amount.
So, my question is: how do I withdraw more of my equity? Do I need to close existing profitable positions to increase the available "Funds" amount for withdrawal? (I would prefer not to close any of current open trades yet, so if I closed then reopened positions - though would have to pay spread - would that increase available Funds?)
(I have already withdrawn more than my entire initial starting capital, in case that's an issue.)
Thanks,
AB