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Woodlandbear

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  1. Hi guys, New to this but was looking to start spread betting using £10 per point using all my own money (ie no leverage). I've been told you cannot do this and that leverage is obligatory on Indices at 20x (5% margin). Not really sure why but hey..... So instead, if I just bet 50 pence per point, and then use the obligatory 20x leverage the bet in my mind will be exactly the same £10 per point (50p x 20 = £10). Is this how it works or am I missing something? I cannot get a clear answer from the online IG support on this one. Thanks in advance.
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