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Cedric

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Posts posted by Cedric

  1. On 04/07/2022 at 06:48, ArvinIG said:

    Hi @Cedric,

    Thank you for your post. 

    By Depo do you mean the margin requirement?

    The maintenance margin, also known as variation margin, is extra money that we might need to request from you if your position moves against you. Its purpose is to ensure you have enough money in your account to fund the present value of the position at all times – covering any running losses.

    https://www.ig.com/uk/help-and-support/spread-betting-and-cfds/margin/what-is-margin

    Let us know if you meant something else we will be able to assist you.

    Thank you - Arvin

    In my history of the trades I get an overnight charge but sometimes I get a credit (DEPO) Why is this ?

  2. If the price is 5000 and I put a stop at 5010 or 4090, how do I a buy or a sell at the same time at 4090 or 5010. As an added thought, can I repeat this so that as it reaches the stop and the new trade is initiated the new instruction is also initiated.

    I have been told that IG does give the chance to 'net off' meaning if you are long 5 contracts and you sell 10, you should be left with a net short position of 5 contracts. The have a 'force open' option as well just in case you want to keep long and short position in the same product simultaneously. I am finding this very difficult to understand plus the fact that I can't find 'net off' or the 'force open' on my IG dealing form.

    I hope you can understand my thinking and would appreciate your help in a way I can understand.

    Thank you.....CedyB

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