Australian (ASX) Stock Market Forum

Are you with IG Markets??

Re: Quick IG Markets question

yeh when i first heard about guaranteed stops i got so excited. I thought why cant I just open 2 positions, 1 short and 1 long just before the market closes. Put a guaranteed stop at 1 point above and 1 point below both positions. It would cost 1% to open the position (including comm and the stop) and if the security moved over 1% over nite, you would make that profit. In volitile markets this looked very attractive. Unles alas my bubble was burst with the 5% distance limit.... Which I mite add I had to call IG Markets to discover because I couldnt find it anywhere else.
 
IG Markets new platform Pure Deal

Fellow IG account holders,

I noticed this morning IG have a new platform called pure deal.

Thought I would start a thread to see what you guys make of it any bugs the charts, really anything to do with it.

I have not done much on it yet but it looks good I hope it's much more stable then the old one as that was becoming a pain with the freezes.

One thing in IG Markets defense I will say, is that they are always updating adding and trying to improve the service they offer.


Cheers
TI
 
Re: IG Markets new platform Pure Deal

Hmmmn I noticed this the other day, I might go check it out

*edit* aaaaannnnd it doesnt seem to be loading for me atm :rolleyes: , I'll try later
 
Re: IG Markets new platform Pure Deal

Some advantages over the old system...

1. Balance & Margin Displayed (maybe disadvantage to some)
2. Windows are resizable and relocatable by dragging n dropping
3. Margin requirement calc & displayed as you fillout order.
4. Watchlist sortable by ascending decending order
5. Tabs on top to quick open close windows
6. Watchlist/market/More dropdown list "Get Info" gives useful market requirements

Some disadvantages

1. Deal windows not resizable, hence taking up a lot of screen space.
2. Advanced Charting not changed at all, identical.
3. Overcast Grey look n feel not changable (LOL)

Overall, better... but still will be opening IB account soon for various reasons.
 
Re: IG Markets new platform Pure Deal

I have been looking at Pure trade most the day and I must say I give it the thumbs up for sure, one thing it is still a little slow but that might just be my adsl connection.

I say well done IG.


I am still looking GFT though, for FX as I have head great things about them.
 
Re: IG Markets new platform Pure Deal

From the responses in this thread it sounds like it's a White label job? Specifically it sounds like the SaxoBank platform that PacificTrader use... or?

Can someone screen shot it for me?

cheers.

Trade_IT: you come across this mob yet? www.efxgroup.com
 
Re: IG Markets new platform Pure Deal

From the responses in this thread it sounds like it's a White label job? Specifically it sounds like the SaxoBank platform that PacificTrader use... or?

Can someone screen shot it for me?

cheers.

Trade_IT: you come across this mob yet? www.efxgroup.com

Hey Tayser,

I have not seen efx before, had a good look at their site. 5$ per 100,000 lot is good but I think u still need to pay the spread which is 3 pips so it is it actually a better deal they still have a spread? :confused:

I am going to open a Global Forex Trading account with CFD's, best platform and charts I have seen yet spreads area little wider on AUD EURO compared to IG but two extra pips, I can live with that for the service.

How are u going with the rainbow? I saw your post on it last sat and spent 4 hours reading the whole link FXfactory and other info. I see u use retracements once its out side the furthest MA 240ma. I looked at charts for a while I think that is the best method. But i would love to see Linuxtoll in action.

Have u had many good trades with it? I notice how much stress they put on the time period to us it and the Mantra!

For now I think I will stick with 4 hour to daily charts.


Cheers
 
Re: IG Markets new platform Pure Deal

I regularly see 0 spreads on AUD/USD GBP/JPY EUR/JPY AUD/JPY EUR/USD GBP/USD and USD/CAD through the EFX demo (I'm still demo'ing - going live in a month or so) - especially around the European and American openings and sometimes in between... GBP/JPY is regularly around 2-3pips (compared to the likes of 7 or 8 on other market makers) at other times too.

Rainbow is what I'm exclusively focusing on at the moment, the trading time suits (Euro open - i.e 6pm after I get home from work), I'm more comfortable with getting in and out of trades really quick and like the troll-man suggests, it's much easier to be disciplined when you're not glued to a screen for 8 hours!

Retracements is the easiest - yeah - but I only trade them in the direction of the 30sec or 1 min trend. The thing I'm finding difficult at the moment is detecting when the market's start ranging so - I've still got a bit to go before I'm happy to go live.

It's easier to do the aggressive entries on GBP/JPY with EFX than Oanda or some such too - you can watch the chart in Oanda and keep an eye on the spreads in EFX and can sneak an extra 2 or 3 pips in if you train yourself.
 
Re: IG Markets new platform Pure Deal

I regularly see 0 spreads on AUD/USD GBP/JPY EUR/JPY AUD/JPY EUR/USD GBP/USD and USD/CAD through the EFX demo (I'm still demo'ing - going live in a month or so) - especially around the European and American openings and sometimes in between... GBP/JPY is regularly around 2-3pips (compared to the likes of 7 or 8 on other market makers) at other times too.

Rainbow is what I'm exclusively focusing on at the moment, the trading time suits (Euro open - i.e 6pm after I get home from work), I'm more comfortable with getting in and out of trades really quick and like the troll-man suggests, it's much easier to be disciplined when you're not glued to a screen for 8 hours!

Retracements is the easiest - yeah - but I only trade them in the direction of the 30sec or 1 min trend. The thing I'm finding difficult at the moment is detecting when the market's start ranging so - I've still got a bit to go before I'm happy to go live.

It's easier to do the aggressive entries on GBP/JPY with EFX than Oanda or some such too - you can watch the chart in Oanda and keep an eye on the spreads in EFX and can sneak an extra 2 or 3 pips in if you train yourself.

I don't trade cfds but trade Minis from ABN Amro. I am wondering why people don’t do like me. Am I missing something there?

ABN charge 300 pts on a long and give you 300 pts on a put. Also there is an automatic stop loss about 5% that is change on a daily base. The mini follows the underlying share price cent by cent.

55 stocks are available on minis.

Why should I trade cfds when I have access to minis?
 
Re: IG Markets new platform Pure Deal

Hi Trade it,

<I am still looking GFT though, for FX as I have head great things about them.>

I hope you have a better experience than me :(

I found the Metatrader software much better for charting and indicators.

I found the phone staff very rude at GFT, I never got around to opening an account because when using the demo they used to harass me with calls and disregard any problems or questions.

I was disappointed with them.
 
IG Markets

Hi, im reasonably new to all this, ive been trading CFDs on IG Markets for about 6 months now, im just wondering what happens to my CFDs if a company consolidates or demergers into 2 separate entities on the ASX. Will I still get the benefits of ordinary shareholders?
 
Re: IG Markets

Hi, im reasonably new to all this, ive been trading CFDs on IG Markets for about 6 months now, im just wondering what happens to my CFDs if a company consolidates or demergers into 2 separate entities on the ASX. Will I still get the benefits of ordinary shareholders?

Best thing to do is call and ask them.

Good trading
 
Re: IG Markets new platform Pure Deal

Another BUG with IG new platfrom (frontend puredeal application) this morning..

Treid to close open position when deal box just hung blank, and shutdown session, with one of their standard "Security Warning" messages.. uhhhh

Luckily didn't loose on that trade... and may have to go back to old system and old bugs... :rolleyes:

SevenFX
 

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Re: IG Markets new platform Pure Deal

I use it, I like it. It has some nifty features. Occasionally a few bugs but they seem to be slowly upgrading it.
 
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