OptionsTraderNew
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Posts posted by OptionsTraderNew
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Hi @TwinkleIreland how do you do it? I want to transfer funds between to CFD accounts (one in GBP and the other in USD) but I get this error:
Sorry, we can only transfer funds if both accounts are in the same currency. Please contact our helpdesk on 058 810 77 02
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Hi All
I have 2 CFDs accounts, one in GBP and the other in USD. I want to send funds from the GBP to the USD one using the Transfer menu but I get this error
Sorry, we can only transfer funds if both accounts are in the same currency. Please contact our helpdesk on 058 810 77 02
Can any one help me? I tried calling that number and hang up after 40 min waiting.
Thanks
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Hi
If I try to sell ONE contract for the USDCAD 12750 CALL 02/04/21 expiry the margin required is CAD 624.98 (or 359.38 GBP)
However if I try to sell TEN contracts for exactly the same option the margin required is CAD 11876 (or 6828 GBP)
Why is that? I've done the same check in other pairs and the margin behaves logically, i.e. ONE contract for the GBPUSD 14100 call 26/03/21 is USD 695 (or 500 GBP) --- TEN contracts for the same option require USD 6956 (or 5000 GBP) which makes sense.
Why is that?
USDCAD option margin anomaly
in IG Trading Support - Dealing Questions
Posted
Ok got the answer, if I have positions already opened in the same instrument, if I try to open more in the same direction, the margin gets doubled somehow since there is more risk. Once the positions I had were closed the margin is now working normally.