YUP!! That is the case with IG's CFD's (Contract For Difference) however if you buy/sell a contract for shares there is a commission and also a fee for access for some markets. Successful day trading is something I had often aspired to but have failed to master. I probably only use the CFD account as a hedging tool if something looks like going south over the weekend. ( Spreads can be quite horrible tho) If you are short on monkeys there are plenty of hungry ones here at the moment!!!(
Friday April 3 ASXSPI200, page-149
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