IS Day Trading feasible on IG ?

[Seanogey]

I have stopeed using a US Broker and moved to IG.  For Forex and Equity Swing trades the platform seems fine.  However with recent volitility on shares premarket I've tried to trade and the platform dosnt let me trade premarket.   IS ther some option to enable this at an additional cost ?

Even after the bell it is difficult to trade dips without hot keys .  IS there an alternative WIndows based platform with hotkeys available ?

Sean

 

[DavyJones]

On 18/06/2020 at 21:22, Seanogey said:

I have stopeed using a US Broker and moved to IG.  For Forex and Equity Swing trades the platform seems fine.  However with recent volitility on shares premarket I've tried to trade and the platform dosnt let me trade premarket.   IS ther some option to enable this at an additional cost ?

Even after the bell it is difficult to trade dips without hot keys .  IS there an alternative WIndows based platform with hotkeys available ?

I use ProRealTime, much better  than the web platform in myview. It's a bit 'French' in that nothing is in the obvious place and seems like its old technology that has just been patched up for a decade now  . 

Its clunky but works

Further if you want to day trade on IG, its a hard task. The spreads on SB are just too high and you can only do very liquid stocks FX or commodities, You often  need fast movers / e.g. silver . I found reducing risk / reward down and getting hit rate higher is a better strategy. 

I somethings trade using share dealing account but can only go long, tighter spreads and no leverage but possible to make money. HOWEVER , the FX spread IG charge and if you get an Adverse FX movement, itr can wipe out a potentially profitable trade  

In essence you are looking for big movers, scalping forget it