IG trade indice for £1 a pip

[dodgy111396]

Hi Guys, I have been told that it is possible to trade I G Index indices for only £1 a pip, as opposed to the £2 quoted by I G, does anyone know how to do this ??
Dodgy.

 

[Sonicscooter]

Where did you hear that and on which index etc.

Regards Shane.

 

[MichaelJohnFX]

The only way you can do that is you buy £3 per point and immediately sell £2 a point or vis-versa depending on the direction you think the market is going (as an example, could be any leverage amount) - you lose the spread though.

 

[dodgy111396]

The only way you can do that is you buy £3 per point and immediately sell £2 a point or vis-versa depending on the direction you think the market is going (as an example, could be any leverage amount) - you lose the spread though.

Thanks chronictrader

 

[dodgy111396]

Where did you hear that and on which index etc.

Regards Shane.

I was referring to IG Index and any indice

 

[f2calv]

If you have opened or are about to open a new IG account you can call up and ask to be put on a "new starter" setup, whereby you can trade smaller position sizes than normal for a few weeks whilst you find your feet. Sorry looked for the link but can't find it, just call them up and ask.

Although to be fair if ftse @ £2/point is too much for your taste your risk level is so small maybe you should probably just reconsider why you're doing trading at all!?

FXCM enables far smaller position sizes from the get go.

 

[dodgy111396]

If you have opened or are about to open a new IG account you can call up and ask to be put on a "new starter" setup, whereby you can trade smaller position sizes than normal for a few weeks whilst you find your feet. Sorry looked for the link but can't find it, just call them up and ask.

Although to be fair if ftse @ £2/point is too much for your taste your risk level is so small maybe you should probably just reconsider why you're doing trading at all!?

FXCM enables far smaller position sizes from the get go.

Thats a rather rude reply, I hope your trading is better than your responses, Only a fool would ever underestimate a stranger.
Thanks Dodgy

 

[jeffre4]

Thats a rather rude reply, I hope your trading is better than your responses, Only a fool would ever underestimate a stranger.
Thanks Dodgy

In fairness hes had a lot of good teachers

 

[Sonicscooter]

Hi Guys, I have been told that it is possible to trade I G Index indices for only £1 a pip, as opposed to the £2 quoted by I G, does anyone know how to do this ??
Dodgy.

Hi, i wouldn't be too worried regarding £/point, be more aware of the instruments volatility, and just follow normal MM.

Regards Shane.

 

[kalott]

Hi Guys, I have been told that it is possible to trade I G Index indices for only £1 a pip, as opposed to the £2 quoted by I G, does anyone know how to do this ??
Dodgy.

cfd micro contract?

 

[Oscar Reed]

Buy or sell stop 2 limit 3
End result 1 with a loss of 2.
Just hope both orders are filled.

Or just use FXCM or CMC to make life easier.
Even go 0.1 with them.

Or trade FX with IG for a buck a point.
Charts all look the same to me.

 

[fairval]

Probably just because I opened an account from Oz I have access to trade the FTSE in A$1 per pip but minimum of 2 contracts so A$2 which is just under one pound (94p). Spread is 1 tick

 

[fxstrategist]

Very good point of view, objective thinking, it deserves attention.