Quite new to PRT. I am trying to work out where I can view the initial margin required prior to placing a trade. I am using PRT via IG. It does not appear in the validation window
As a general guide, margin is usually 5% of the contract size, so for example with DJIA Index currently around 44,000 we need 2200 margin to trade 1 Contract / 1 per point.
We can trade a minimum of 0.2 per point on DJI so then we need 450.
We can see margin on our IG Dashboard after a trade is opened; see attached at red arrowheads.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok