Hello
IG changed the stop conditions.
All strategies of the dax are condemned.
Minimum size 1 Contract (s)
Contract size per item EUR 25
One point corresponds to 1 Index Point
Value of one item EUR 25
Margin 0.5%
Minimum Distance to Stop 18
Minimum Distance to Stop Garanti 300
Slip effect 50.0%
The change is written in proordertrading.
Stop minimum 18 points
You will need to open an account at PRT Trading.
Let s wait for nicolas ….
different distance to the stop
live 18 and demo 5
The minimum stop has always been 18 points on my IG account or at least as far as I can remember.
What’s going on?
And yes, different minimum stops between live and demo are unnecessary annoying.
@ derek
do you have any strategy with trailling stop less than 18 point running well in pro order ? With no problems ?
WingParticipant
Veteran
My minimum stop on IG for DAX is 10. It was 9 a few months ago.
Mine is 4 on the DAX for Spread bet in the UK.
The minimun stop in PRT CFD in France was 4 for the dax.
As said Paris, it has just moved to 18 in the PRT account.
For IG clients using PRT, this is not the same thing.
However, in my actual schedule this morning my stop at 5 still works.
Maybe the danger is not real.
Wait for confirmation.
EricParticipant
Master
what is the minimum stop distance for a guaranteed stop?
The distance is adapted to volatility and spread of course, today the minimum distance is set to 4 (screenshot attached). (I’m not an IG customer)
I believe that in the IG information, when the market is closed, at the weekend, to place an order, 18 is the minimum stop, when it opens on Monday night it becomes 10 points, and during business hours (09.00 To 17.30) is placed in 4 points. At least in Spain
I am sorry for the false information.
The 18 point stop is on Sunday.
That is why it appeared yesterday in PRT.