[Overnight charges in US crude]

Thanks once again for all your advice. Just switched my trades to futures and hopefully I can save at least on overnight charges. I wish I asked these questions before as I lost at least 1K in the last week only on holding the positions.

[Overnight charges in US crude]

Thanks for the advice Caseynotes. When you say "cash market" what do you mean by that? And buying futures on spreadbet and cfd is the same or there are some difference in charges?

[Overnight charges in US crude]

Another question where can we find all this futures information? According to IG formula of (P3 – P2) ÷ (T2 – T1) where can we find this P3, P2 and T1, T2 information? That would be useful as I can calculate the charges myself then.

[Overnight charges in US crude]

Hello all,

Same here. I hold 9 points and the overnight payment went from £18 10 days ago to £106 for the last night. And it seems it keeps growing everyday which does not make any sense. Even if the futures difference is quite wide I still don't see why it's increasing everyday. I will loose more money by just holding the positions rather than loosing on stocks.

Tried call IG but the lady hang-up on me when I started to ask these questions. Something shady going on here and I need to see if I can get any legal advice as this does not look right. I held 5 points last year for about 3 months and was charged no more than £6 per night.

If anyone knows a better answer than the formula on IG website please share as the way is going it's really hard to plan anything.

 

Kindest Regards

 

[Volatility/indices futures]

Hello all.

I have a question. I hold 9 points for US Crude which is not much.

My overnight charges went up from £18 last week to £87 last night and it keeps growing after every night. Just wonder if that's normal and what is based on as the formula in the last post does not make much sense to me to be honest? P2 - P3 not sure what is that and where can I find it to be able to calculate it myself to better plan for my positions?

Any help would be much appreciated.

Kindest Regards

Danius