IG Custom Bets / Fast Money Bets

[APEV]

Have any of you tried these? I've found a number of threads but nothing that answers my question...

If I bet the EUR/USD will go up (or down for that matter) from 13030.30 (make it easy) ... and at expiry time the price has fluctuated but ended up exactly the same back to 13030.30.... what happens here?

 

[APEV]

hello?

 

[malaguti]

hello?

then you lose dont you..its binary..1 or 0 there is no half measure, unless your bet was for it to stay exactly the same in which case its that or nothing

 

[APEV]

why is it not a win?

 

[malaguti]

why is it not a win?

if a bet was for the something to go up or down, and it didnt...you dont know why thats not a win? Sounds pretty straight forward to me.

 

[donaldduke]

Have any of you tried these? I've found a number of threads but nothing that answers my question...

If I bet the EUR/USD will go up (or down for that matter) from 13030.30 (make it easy) ... and at expiry time the price has fluctuated but ended up exactly the same back to 13030.30.... what happens here?

You lose, but IG dont take it all, i think you get half your stake back.. cant remember the exact details.

 

[donaldduke]

Here you go from the IB website:

"All Custom Bets that expire at an unchanged level, ie they expire at the exact strike level of the bet, will result in the client losing 50% of their stake."

 

[K21000]

Harsh