I've just tried to open a very modest opening position on an ETF (just a few hundred sterling worth) and received a 'sorry, only available for trading on leverage message'. Not sure why? Why can't I buy the number of shares I want with cash? (Background, been buying directly held shares for a couple of decades, but this is the first time I've ever tried to buy an ETF).
Thanks for any time taken by anyone in response to this.
'Sorry, only available for trading on leverage' message
in Shares and ETFs
Posted
Hello all.
I've just tried to open a very modest opening position on an ETF (just a few hundred sterling worth) and received a 'sorry, only available for trading on leverage message'. Not sure why? Why can't I buy the number of shares I want with cash? (Background, been buying directly held shares for a couple of decades, but this is the first time I've ever tried to buy an ETF).
Thanks for any time taken by anyone in response to this.