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Not allowed to open new positions


Sifiso

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5 minutes ago, Sifiso said:

Hi everyone, please help me out. When I am trying to open new positions it says that I can only close open positions. I did enquire and still no answer.

Hi, the usual reasons are either the company market cap has slipped below IG minimum and IG is waiting for all traders to exit the market before removing from the platform,

or

the trading is very one sided and IG have reached their max risk tolerance for the asset and have temporarily closed the book until enough traders with open positions have exited before re-opening, this may be in hours, days or sometimes weeks. 

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