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​​​Is now the right time to ‘buy the dip’ in stock markets? ×

StephenUK

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  1. StephenUK
    Hi, I am not fully understanding the following figures for US crude. The IG information sheets states: Tier Position size (USD) Deposit Factor 1 0 - 1295 80.0 2 1295 - 2590 80.0 3 2590 - 3885 240.0 4 3885 + 480.0 I am UK based, and one unit movement would represent one pound. So my first question is whether I need to work out a dollar value for pounds to know the deposit factor. Secondly, I am not understanding quite what, for example, a deposit factor of, for example, 480 means. Is this the opposite of gearing, where 4.8 pounds must be in the account to trade one pound? Any help greatly appreciated!

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