TimeToTrade

2009 ISA (GBP)

      

Account Settings


display navigation tabs
Shares
Funds
Forex
Spread Bet

The selected navigation tabs will be displayed. By default the Statement and Settings tabs are always displayed.
broker account settings

Simulated

Associate this account with a simulated trading.
calculate profit using


'Pooling' is being used to determine the cost of the open positions. It does not include income from dividends or options; click here to learn more. The profit calculations are based on the bid price. Please note that historical bid/ask prices are not available when using the unit valuation system; where the bid/ask prices are not available the last trade price is used.
account hedging settings
Shares
Funds
Forex
Spread Bet

If the check box is 'ticked' then hedged positions can be created i.e. long and short positions on an investment at the same time. Different transaction types are used to identify hedged and non-hedged positions, therefore if the hedging settings are changed please update the relevant account transaction types.
default share commission
no commission charges Sets the default share commission which is used to pre-populate the commission field in the 'shares' transactions and calculate the profit when executing trades.
default share taxation
no taxation charges Sets the percentage taxation that should be applied to buy transactions when executing trades; for example 0.5% Stamp Duty is applied in the UK.
default forex settlement
Defines the currency used when the margin, lot size and profit values are calculated. When using the Account Currency method, the margin, lot size and related profitability figures will be in the account currency. For example if the account currency is in USD and you buy a 100k EURJPY lot that requires 1% margin, the lot size will be 100,000 USD (i.e. 100,000 USD worth of EURJPY) and the related margin requirement will be $1,000. The profit from the transaction will be calculated in USD (i.e. the JPY profit is converted to USD using the exchange on the transaction date).
default forex commission
no commission charges Sets the commission charges that are added to each forex transaction when executing trades.
default forex margin
1% Sets the default margin which is used to pre-populate the margin field in the 'forex' transaction and calculate margin allocation when executing trades.
default spread bet margin
1% Sets the default margin which is used to pre-populate the margin field in the 'Spread Bet' transaction and calculate margin allocation when executing trades.