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| How much deposit is required? |
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As little as 10% is required as initial margin, on UK 350, S&P 500, Nasdaq 100 and major European stocks.
You can see the margin requirement by clicking the Market Information icon on the trading platform for the particular instrument.
Margin Requirement is the amount of money you need to deposit with us in order to place a Trade and maintain that position.
When you place the Trade you must have sufficient net equity (cash and unrealised Profit & Loss) to pay the Margin Requirement for that Trade, as well as the commission (if applicable) and/or any charges, including the spread.
We will calculate an overall Margin Level for your account which will be expressed as a percentage based on the ratio of your Net Equity to Total Margin. You are required to maintain a Margin Level of greater than 100% at all times. Your Margin Level will be visible at all times on the Trading Platform.
If your Margin Level is at or below the Margin Close Out Level, we may close all or any of your Open Positions in markets that are open immediately and without notice at the next available Our Price.You should not expect to receive a margin call or warning prior to closure. We therefore strongly recommend that you strictly monitor your margin level.
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