The percentage of IG client accounts with positions in this market that are currently long or short. Calculated to the nearest 1%.
Minimum size 0.05
Contract size XRP 100
One Pip means 0.01
Value of one Pip USD 1 (GBP 0.82)
Minimum stop distance 1.0%
Minimum guaranteed stop distance 10.0%
Your aggregate position in this market will be margined in the following tiers:
|1||0 - 2449 Contracts||10%|
|2||2449 - 4898 Contracts||15%|
|3||4898 - 9796 Contracts||30%|
|4||9796 + Contracts||75%|
If your aggregate position is larger than Tier 1, your margin requirement will not be reduced by non-guaranteed stops.
Please note: we have tried to ensure that the information here is as accurate as possible, but it is intended for guidance only and any errors will not be binding on us.
[Daily funding 7 days a week - pay 0.0753% when long, receive 0.0342% when short., There is a limit of £500,000 notional value per client across all cryptocurrencies., Any client with a notional size above this limit is at risk of having their cryptocurrency positions reduced., Quoted 04:00 Sat - 22:00 Fri (UK time)]