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CharlotteIG

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Everything posted by CharlotteIG

  1. Hey, You can find the CFD commission break down by following the page below: https://www.ig.com/uk/help-and-support/spread-betting-and-cfds/fees-and-charges/what-are-igs-shares-cfd-product-details And there's a calculation when you follow the link below that you can use to work out overnight funding: https://www.ig.com/uk/help-and-support/spread-betting-and-cfds/fees-and-charges/why-is-overnight-funding-charged-and-how-is-it-calculated- All the best
  2. Hey, If you need to change some of the details you entered when signing up you can by contacting us. Please note, we may ask for proof of the earnings and savings as they're being changed just after sign up. All the best
  3. Thanks for your post and apologies for my oversite. I can see the minimum has changed to $5,000. I will pass on feedback that this is too high if that's what you're asking. We've had others comment on this now so I will make sure it's shown to the business. All the best, Charlotte
  4. Hey, I've requested it to be added by our shares desk. All the best
  5. Hey, I've checked with our shares desk and unfortunately we're not adding the new ones however I will pass this on to show interest for the market. All the best
  6. Hey, I've checked with our shares desk and unfortunately we're not adding the new ones however I will pass this on to show interest for the market. All the best
  7. Hey thanks for your post. I've spoken to our shares desk and unfortunately we can only offer SPACs are now non lev. You can check this information on the deal ticket by selecting Get info> Other. The reason we've left the stock on the leveraged accounts is because some traders still have open positions so it can't be removed. All the best
  8. Hey thanks for your post. The reduced commissions apply when you place the trades in the previous calendar month. So if you made 3 trades in January you will be commission free in February for US shares: https://www.ig.com/uk/investments/share-dealing/costs-fees All the best
  9. Hey @NeilKitch, Thanks for your first post. From what you've mentioned here it seems you requested a limit 'Execute & Eliminate'. When placing orders on US shares you have to chose a limit, market or stop order. You can see the difference below: If you chose the limit execute & eliminate option it would have bought as many shares as possible at the price you selected or better. You can select the day order if you want the full day to see if you can get the full amount of shares at the price you selected or better. Good til cancelled will leave the order running however if you get partially filled on different days you get charges commission each day. I hope this helps if you have anymore questions let me know. All the best Charlotte
  10. Hey, Unfortunately the exchanges this stock trades on isn't something we can offer on our leveraged and non-leveraged account. All the best
  11. The consideration is the price of shares x the amount of shares. If a share cost £1 you would have to buy 90 shares to hit the minimum consideration. The reason there's a minimum consideration is due to the commission you pay. We wouldn't want someone buying a £1 share but paying £15 commission when buying and selling. All the best
  12. Hey, Thanks for your post. If your order hasn't been fully or partially filled you will not be charged. All the best
  13. Hey Sam, I hope you're well. With CFD and spread betting you're trading on a leveraged product which means you only put down a percentage of the market value when placing the trades. Then the profit/ loss moves and changes your balance depending on the market moving in your favor or against you. When you place the order on a CFD account you can see the margin you're putting down on the deal ticket: With spread betting we use points. If the number to the left of the decimal place moved from 1 to 2 that's a one point movement. If your position size on spread betting was £5 per point each one point movement of BT's price in your favour means you will be +£5. If you want to work out the amount of shares to trade with a margin of £100 you have to do the following calculation backwards: Price x size x margin % = margin 127 x X x 20% (margin factor can be found in the get info section) = £100 Although the size is in points we do offer stop losses/ limit gains in GBP profit/ GBP loss. You may also find this useful: https://www.ig.com/uk/learn-to-trade/ig-academy/orders-execution-and-leverage
  14. Hey, You've done the right thing to reach out and request the documents you did. I will also email them to send this across to you as soon as possible if it hasn't been done already. All the best
  15. Hey, This was added today All the best
  16. Hey, Thanks for your post. We're sorry your application was declined but as mentioned we do have some entrance criteria that have to be met before we can open the account. We're sorry for the inconvenience. The minimum deposit fee isn't $10,000 it's A$450 by card but you can make bank deposits for lower amounts. All the best
  17. Hey @Jack1308, Thanks for your post, We made a business decision we around 1/2 years ago to stop offering cannabis stocks on non-leveraged trading accounts. This isn't something we offer then turn offline when the stock price rises. Making this business decision was hard as people do want them and we lose trader commission, we're losing out from this too. Apologies for the inconvenience. All the best, Charlotte
  18. Hey, This is the right place. Just put @ charlotteIG to tag me and I will be able to request the new market/ product. All the best
  19. Hey, We actually only need 4 of those 6 questions answered correctly. If you requested a call back we will happily do that. All the best
  20. Hey @TonySilva, Thanks for your post. It needs to be 3+ trades in the previous calendar month. So if you made those trades in January then February commissions will be on the reduced scheme. All the best
  21. We're offering weekly equity options on the platform for some stocks over earning season. Meaning you don't have to call us if you want to trade certain equity options. This week it's Baidu Inc. We're also offering Tesla but that will stay on the platform going forward whereas the weekly options will change depending on which week of earnings season we're in. What is an Equity option? Equity options are a form of derivative used exclusively to trade shares as the underlying asset. In essence, equity options work in an extremely similar way to other options, such as forex or commodities. They offer the trader the right, but not the obligation, to purchase (or sell) a set amount of shares at a certain level (referred to as the ‘strike price’) before it expires. To buy an option, traders will pay a premium. When are these available to trade? These equity options will be available in the main session (14:30 - 21:00 UK time). Where to find them? You can find them under 'Weekly US Equity options' on the left list on your web platform. Earning season information for this month:
  22. Expected index adjustments Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 15th Feb 2021. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect your positions, please take a look at the video. NB: All dividend adjustments are forecasts and therefore speculative. A dividend adjustment is a cash neutral adjustment on your account. Special Dividends Index Bloomberg Code Effective Date Summary Dividend Amount AS51 JHX AU 18/02/2021 Special Div 70 NIFTY HMCL IN 15/02/2021 Special Div 500 RTY PRK US 18/02/2021 Special Div 20 How do dividend adjustments work? This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
  23. Hey, Thanks for your post. The reason UK stocks are quoted in pence is because that's how they're quoted in the underlying market. Whereas, US shares are quoted in dollars. It's something we do to keep in line with how the underlying market works however I can pass on your feedback to see if there's a way we can explain that on the platform for traders : Thanks again for the feedback Charlotte
  24. Hey, Thanks for your post. This stock is available on our leveraged and non-leverages account. It's only available to trade during opening hours. All the best
  25. Presidents' Day trading hours 2021 There will be some changes to our normal opening hours on Presidents’ Day – also known as Washington’s Birthday. Certain markets will be affected on Monday 15 and Tuesday 16 February 2021. Check the table below, and find out how these changes could impact your trading. Monday 15 February US equities and soft commodities are closed Canadian equities are closed (Family Day) US index futures close early at 6pm. We will make out-of-hours prices on the Dow, S&P and Nasdaq until futures reopen at 11pm US energies, metals (including Spot Gold and Silver), bonds, US interest rates and Dollar Basket close early at 6pm. They reopen at 11pm UK energies open as normal The Volatility index closes early at 4:30pm. It reopens at 11pm London Sugar closes early at 5pm Tuesday 16 February Livestock opens at 2:30pm and lumber at 3pm All times listed here are UK time. This information is accurate to the best of our knowledge, but it is possible that these hours could change. We're here to help If you have any questions about this or need help with your account, you'll find quick answers in help and support. You can also get in touch with our team 24 hours a day from 8am Saturday to 10pm Friday (UK time).
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