Jakeypauls

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April 8, 2020
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April 8, 2020

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Price on IG is massively different to market price.

Jakeypauls posted a topic in Shares and ETFs

I’m relatively new to trading and something at the moment is confusing me. US crude oil is currently trading at around $26 dollars but the price on IG is $29 for a DFB on my spread betting account. XRP (Ripple Crypto Currency) the market price is around £0.16 but on IG on my spread-betting account it’s trading at I’ve £0.19 on a DFB I can’t seem to find any explanations but I’m confused as to why the price is significantly different? Some shares are trading exactly the same as the market price and others are wildly different? Thanks in advance for the info.
- April 8, 2020
- 2 replies

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk.

The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.

CFD accounts provided by IG Markets Ltd, spread betting provided by IG Index Ltd and share dealing and stocks and shares ISA accounts provided by IG Trading and Investments Ltd. IG is a trading name of IG Markets Ltd (a company registered in England and Wales under number 04008957), IG Index Ltd (a company registered in England and Wales under number 01190902) and IG Trading and Investments Ltd (a company registered in England and Wales under number 11628764). Registered address at Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA. IG Markets Ltd (Register number 195355), IG Index Ltd (Register number 114059) and IG Trading and Investments Ltd (Register number 944492) are authorised and regulated by the Financial Conduct Authority.

The information on this site is not directed at residents of the United States, Belgium or any particular country outside the UK and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

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