New ways to limit your risk
Already unrivalled in Singapore, we have recently improved our suite of Risk-Management Tools by cutting the cost of Guaranteed Stops and introducing Forex - Limited Risk Options.
Guaranteed Stops & no slippage
Guaranteed Stops provide complete protection from sharp market movements against you.
They ensure your position is closed should the market move through your requested stop level, with no slippage. Available only when you open of a trade, you can subsequently move the level of your Guaranteed Stop while the trade is open, except when the market is closed
We have today lowered our charges for Guaranteed Stops, to the following :
- Forex - From 0.8 pips
- Shares - From 0.3% of the transaction value
- Indices - From 0.1 points
- Commodities - From 0.2 points
Click here for more details on Guaranteed Stops.
We also provide a range of Non-Guaranteed Stops to help you manage your risk, and which are free of charge.
Forex - Limited Risk Options
Only available to our Singapore clients, Forex - Limited Risk Options are a new way of taking a position on forex pairs such as EUR/USD. They have either a predetermined ceiling or floor built in to limit your risk to a value known when opening the position.
The ceiling or floor caps your potential loss but not your potential profit, controlling your risk in a manner similar to using Stop orders.
Unlike traditional Stops, however, a position in a Forex - Limited Risk Option is not closed if the market moves through your floor or ceiling. Instead, it remains open until you close it, or until it expires at 11pm that night, Singapore time.
This means that even if the price moves against you and breaks through your floor or ceiling, your position will stay open and benefit from any subsequent change in the market there might be in your favour, until 11pm that night.
Regardless of price movements, you are free to close your position at any time up until one minute prior to expiry.
Peace of mind
Two of many ways we help you to manage your risk, Guaranteed Stops and Forex - Limited Risk Options protect you from unexpected losses, and provide the peace of mind of knowing your risk exposure upfront.
Open an account now to start trading CFDs today.
Updated: 30/07/12
IG provides an execution-only service. The above material does not contain (and should not be construed as containing) personal financial or investment advice or other recommendations. The information provided does not take into account your specific investment objectives, financial situation or investment needs. You should assess whether the information provided is appropriate to your particular investment objectives, financial situation and investment needs. You should do this before making an investment decision based on the material above. You can either make this assessment yourself or seek the assistance of an independent financial advisor. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result.
CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial investment, so please ensure that you fully understand the risks involved.