IG, the global brokerage offering CFD’s, Spreadbetting and Share Trading products, has introduced a guaranteed stops feature to its platform. Investors will now be able to benefit from this service free of charge, unless their stop is hit.
Attaching this unique guaranteed stop to each trade will put an absolute cap on your potential loss. This service will be available for a small premium that’s only payable if your stop is triggered.
This means that even if the market gaps suddenly, your position will always be closed out at exactly the price you specified. That means you can now benefit from watertight protection against market slippage, and there’s potentially no cost for this powerful safeguard.
Should your stop be hit, IG’s guaranteed stop premiums offer extremely competitive value for most major indices and FX pairs.
You can add guaranteed stops when you place new trades, but you can’t currently attach them once a trade is in progress or remove them from existing positions. However, this functionality will be coming soon.
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IG is a global leader in online trading, providing fast and flexible access to over 10,000 financial markets – including shares, indices, forex, commodities and binaries.
Established in 1974 as the world’s first financial spread betting firm, IG’s aim is to become the default choice for active traders globally. It is an award-winning multi-platform trading company, the world’s No.1 provider of CFDs* and a global leader in forex, and it now offers an execution-only stockbroking service in the UK, Ireland, Germany, Austria and the Netherlands.
It is a member of the FTSE 250, with offices across Europe, Africa, Asia-Pacific, the Middle East and the US, where it offers limited risk derivatives contracts via the Nadex brand