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Multiple buys and sells same day


Guest James

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Hi, I am considering moving my ISA here. I want to know if it is possible (guaranteed to work) to sell a stock, buy it back on the same day? The platform I am currently using is not capable of doing this, and I wonder if this is a common thing on these types of platforms? This limitation is actually in their small print, they can only guarantee one trade of a stock per day. Ultimately, I am an investor - not a day trader. I am not looking for a day trading account, however in times of volatility I want to be able to sell and buy back in the same day, or vice versa, within an ISA. Can anybody tell me if IG is able to do this please.  

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22 minutes ago, Guest James said:

Hi, I am considering moving my ISA here. I want to know if it is possible (guaranteed to work) to sell a stock, buy it back on the same day? The platform I am currently using is not capable of doing this, and I wonder if this is a common thing on these types of platforms? This limitation is actually in their small print, they can only guarantee one trade of a stock per day. Ultimately, I am an investor - not a day trader. I am not looking for a day trading account, however in times of volatility I want to be able to sell and buy back in the same day, or vice versa, within an ISA. Can anybody tell me if IG is able to do this please.  

Hi, buying and selling actual shares need to go through a clearing process so not able to trade in/out same day.

you could only do that using a share derivative on a leveraged account (cfd/ spread bet account not share dealing or ISA).

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