Unable to close Crypto Sell Positions

[lilyblk]

I understand the FCA legislation regarding crypto, but I'm based in Australia not the UK and unable to open new positions. More concerning, I'm unable to close short positions.

Please can you advice what is going on?

[oneeyejones]

1 hour ago, lilyblk said:

I understand the FCA legislation regarding crypto, but I'm based in Australia not the UK and unable to open new positions. More concerning, I'm unable to close short positions.

Please can you advice what is going on?

Hi, i am from Germany and also unable to open new positions - and the worst about it -  I'm unable to close my own short positions. (?!)   SO - please help!

[David30b]

Hi 

Yes IG have given I believe a statement on NON TRADING for options  or CFD on crypto (which I see no reason why it should not apply worldwide) I maybe wrong on that. All open trades will automatically close on 23/March/2021 - but mine got stopped out a day or two ago. Hope you didn't have too big a position on your short - it will recover but IMHO take a week or more to settle as very volatile at the moment since Elon's statement - but there are very few free lunches in markets. All the best

[boomertrade]

I have professional account status and am able to trade crypto but am being prevented from closing in-the-money short positions.

This is the second day I've had these issues.

Edited February 23, 2021 by eurochez

[gezmond]

if you are closing a position , you are buying to close, not buying to open?