ProOrder – Guaranteed Stop? (IG Limited Risk account)

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  • 08/05/2017 at 9:57 AM #42497 quote
    Nicolas
    Keymaster
    Master

    Regulations are different for every country, unless you are working in the trading industry, only limited risk accounts are possible in Germany.  I confirm that ProOrder is now compatible with limited risk accounts for everyone (worldwide).

    08/07/2017 at 10:29 AM #42645 quote
    victormork
    Participant
    Veteran

    May I ask how that works exactly? Can I call IG and request to have my account set to limited risk and it will work automatically with Pro Order?

    08/07/2017 at 1:31 PM #42670 quote
    Leo
    Participant
    Veteran

    As default every account change to Low-risk… at least in Germany.

    With a call you upgrade to a normal account

    08/08/2017 at 10:47 AM #42743 quote
    victormork
    Participant
    Veteran

    Ok, I was more curious if I wanted to change my account into a low risk, even if it’s not necessary, it could now do so without impacting my systems (apart from different prices of course)?

    08/08/2017 at 1:57 PM #42756 quote
    Eric
    Participant
    Master

    the only thing that is better with a limited risk account is the guaranteed stop?

    today i get slipped 5 points on  dax with a standard stop (and it could have been worse)

    08/09/2017 at 7:32 AM #42778 quote
    victormork
    Participant
    Veteran

    Well that’s why I was thinking about it. If you have a bigger position on it would be nice to avoid being slipped.. I think the extra cost of a guarantied stop can easily by justified by being guaranteed an exit price. And do IG still have the rule that you only pay for guarantied stop if it has been hit or has that changed?

    08/09/2017 at 9:01 AM #42779 quote
    Nicolas
    Keymaster
    Master

    Guaranteed stop is only paid if being triggered.

    victormork thanked this post
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ProOrder – Guaranteed Stop? (IG Limited Risk account)


ProOrder: Automated Strategies & Backtesting

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imokdesign @imokdesign Participant
Summary

This topic contains 21 replies,
has 8 voices, and was last updated by Nicolas
8 years, 7 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 07/07/2017
Status: Active
Attachments: 1 files
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