- 0
Very Confused by My First Trade
This thread contains an account type known as "Limited Risk". Due to regulatory changes this account type no longer applies for European countries. If you have any questions relating to this, or wish to continue the discussion, please start a new thread.
Question
hexagon999
Ok so I just opened a CFD account and deposited £300. Trying to get a feel for what going on, I bought two shares of Facebook. I put in a stop loss so the margin was only £16. Currently, the trade is on a loss of 30 cents. However, in my account it says my equity is £287. Where has my £13 gone? If I sell the shares, do I get the margin back? If so, where has the extra £3 in my account come from?
Thanks for the help and sorry for being so oblivious!
Link to comment
1 answer to this question
Recommended Posts
Archived
This topic is now archived and is closed to further replies.