Is there really any difference between IGMarkets and IGIndex?

[foredog]

Possibly a silly question but here goes.

Is there any difference between the two?

Can you trade different sizes with Igindex but only fixed lot sizes with IGmarkets?

 

[KillPhil08]

isn't one CFDs, forex, l2 and index is SB.

 

[foredog]

Think you're right.

Seems that for trading indexes and Fx they both do the same. At the same prices

 

[tar]

Igmarkets for cfds , at many products they require bigger positions

 

[Hoggums]

one is tax free - the other isn't

 

[foredog]

Generally though, no difference.

One's SB the other CFD but you trade the same sizes on the same prices when trading something like Cable or s&P?

 

[tar]

At igmarkets the minimum for the S&p 50 $ per whole point , but at Igindex it is 10 pound per point , crude oil 5 $/p at igmarkets but it is 1 pound/point at Igindex

 

[foredog]

Great, thanks,

thats cleared it up.

IGmarkets trade fixed lot sizes...eg s&P $50 the same as the actual contracts where as with IGindex you can trade odd sizes.

Still the .75 spread on the s&Pthough?

Think i'll trade the dow then with them, they both move similarly but the dow's only a 4pt spread, equivalant of 0.4 on s&P

 

[tar]

Great, thanks,

thats cleared it up.

IGmarkets trade fixed lot sizes...eg s&P $50 the same as the actual contracts where as with IGindex you can trade odd sizes.

Still the .75 spread on the s&Pthough?

Think i'll trade the dow then with them, they both move similarly but the dow's only a 4pt spread, equivalant of 0.4 on s&P

yeah too much spread for the S&P , dow 2 $/p and ftse 2 pound/point at Igmarkets , forex minimum 10000 units ...