trader331

Has there been a big Increase in margins for CDF trading since last week ? Only started Monday 29th. When I try to put on a IG CFD trade or order I get a huge increase in margin charged. For example , when trying to place a Buy for 1 position on the US 500 , the dashboard shows Size 1 AUD $1 per point , pts away minimum 3. But when I put in a stop of 10 or 30 etc I get the same charge of A$198.65 (NZ$216.68) Why this huge increase in trading margin charged when this is not shown on the pts away minimum ? I this is a new IG policy , this will end my trading with IG. It makes swing day trading unworkable. Do other IG CDF traders have the same issue ? James NZ

Has there been a big Increase in margins for CDF trading since last week ? Only started Monday 29th. When I try to put on a IG CFD trade or order I get a huge increase in margin charged. For example , when trying to place a Buy for 1 position on the US 500 , the dashboard shows Size 1 AUD $1 per point , pts away minimum 3. But when I put in a stop of 10 or 30 etc I get the same charge of A$198.65 (NZ$216.68) Why this huge increase in trading margin charged when this is not shown on the pts away minimum ? I this is a new IG policy , this will end my trading with IG. It makes trading unworkable. Do other IG CDF traders have the same issue ? James NZ