kkarank Junior member Messages 42 Likes 0 Sep 7, 2008 #1 Hi all, I am trying to paper trade in FTSE100 index. I have allocated £5000 for my initial portfolio. The FTSE index is on 5240. Does it mean that i CFD costs £52.40 or £5240?? many thanks KK
Hi all, I am trying to paper trade in FTSE100 index. I have allocated £5000 for my initial portfolio. The FTSE index is on 5240. Does it mean that i CFD costs £52.40 or £5240?? many thanks KK
Magos Established member Messages 911 Likes 24 Sep 8, 2008 #2 it depends on the margin Example (1% margin) Contract Buy / Sell Quantity Price Trade Value Margin Requirement (1%) FTSE Buy 1 5240 (£5,240.00) £52.40
it depends on the margin Example (1% margin) Contract Buy / Sell Quantity Price Trade Value Margin Requirement (1%) FTSE Buy 1 5240 (£5,240.00) £52.40
