IG and it's random decisions to let you trade

[BaronJamie]

Not a day goes by where I am not left perplexed and on the hold for 30-45mins due to IG giving random reasons for not accepting trades, to the point where I feel they are unable to make markets or wilfully do not accept.  

Latest when trying to buy Novavax - "Order too far from last traded price". Odd as a) buy price is exactly the same. b) tried buying the stock for higher than the current share price - still rejected, in fact rejected at any price. 

Surprised if IG will still be here when RH comes to the UK. Utterly devoid of anything redeemable. Anyone know why this might be?

[dmedin]

Pumping and dumping penny stocks?

[BaronJamie]

Gilead, Pfizer, AtraZeneca penny stocks?

[dmedin]

Hmm.

[videoman]

I had the same problem a week ago trying to sell 320 Avon Rubber shares but it would let me sell in blocks of 100 which incurred several times more transaction fees. Strange but it would let me purchase 320 in one block!

 

Tried the phone line but was on hold for over an hour and gave up, not the way to run a business and may go back to HL.

Edited July 7, 2020 by videoman

[MK-Julian]

I too daily experience issues trying to place trades in my ISA account. When you find a stock you never know whether its going to be allowed until you try to place the order.