Jump to content

Instant buy / sell shares feature


Recommended Posts

Hi. I’ve recently moved from another trading app and already invested this week. One thing I didn’t like was I had to input the number of stock to buy + set a specific price to buy. By the time I did that, the stock price had altered and it said, not sufficient amount. So I had to readjust it. This is very inefficient especially if you need to quickly buy or sell.
Instead you should have like the ability to input the amount in money you want to buy or sell and let the system buy at the current price and work out the number of shares. Also this goes for how many shares you want to buy and the system will work out how much it will cost on the fly. When you see a good deal, you want to enter ASAP and not have to fiddle around with input fields. Is this something that exists as I couldn’t find it. 

I’ve taken some screenshots from the other app I used which let’s you do that. 

thanks

9AFAD185-410B-4866-BDEC-A8DA167CB5A4.thumb.png.16f3d10e53b92058fa451f1bc6aa5998.png

EF7804D4-C3AF-4748-BDF9-241C01E6C77B.thumb.png.0e6e67606635b303cb00d1cba42afb13.png

3B836737-3192-48D6-A32D-1190DF770A4E.thumb.png.1d6499bd89f20916e3de4180f4e6b51f.png

877FFACD-F2B5-476B-9AB3-A0DAF639C0F0.thumb.png.b0a732827d2365390ca4e19428a2ab0f.png

Link to post

Not sure which app you use, but on my iPad I get the option to buy a quantity of shares or invest a specific amount.  Also on my laptop the first option is for a number of shares but there is a dropdown box enables me to change to an amount of money to invest. Like you I always invest a specific amount including commission etc.

To this end, I had a conversation with @CharlotteIG about this recently (last couple of weeks) suggesting that the system is changed around so that investment amount is shown first and number of shares second, as most private investors do no invest in round lots,  and she promised to take this back to the team for consideration but not heard anything further yet.

Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • General Statistics

    • Total Topics
      15,203
    • Total Posts
      73,329
    • Total Members
      61,717
    • Most Online
      5,137
      14/01/21 09:51

    Newest Member
    DanS
    Joined 18/05/21 00:48
  • Posts

    • Yes - there was a consolidation action of 1 for 1500 of these securities : https://www.sharesmagazine.co.uk/news/market/LSE20210504170819_3963598/GraniteShares-3STS-Reverse-split-Consolidation I've been on chat and on the phone to IG - they've done the consolidation, but still not updated the correct prices, which should of course also rise by ~1,500 on a ceteris paribus basis (all things the same). At the time of writing this, TSLA has dropped a further 2.4% today, so these securities ought to have risen ~ 7.2% (3x short TSLA) on the day.  The IG person I spoke with this evening promised me he would check with the relevant team and revert. My call was very late in the day (after 6pm) so I trust that they will have this resolved in the morning. If not, I do suggest calling again. 
    • Hey all,  Unlike some other brokers IG do not trade against clients and don't benefit when our clients lose. We hedge the same way as the majority of our clients (so if 60% were long and 40% were short we would hedge those 20% long that aren't covered).  We have no benefit when traders lose. We make money from spread and commission so if anything we want out traders to win so they will continue trading with us.  Unfortunately I can't be account specific and if you believe something is wrong on your account please reach out to us as I can't assist with this.  If you have any questions on this please let me know by quoting my response.  All the best,  Charlotte 
    • Hey,  Thanks for your post.  If you held the shares through the ex div date you will receive the funds 1-2 working days after the pay date on your non-leveraged accounts.  Leverages accounts (CFD and Spread betting) have dividend adjustments meaning we adjust the price of the shares on the platform and make credits/ debits accordingly.  All the best 
×
×
  • Create New...