IG refused a client with 22K AUD saving?
Joined 30/03/23 21:23
By tradinglounge · PostedStock Market Content: SP500, Apple (AAPL),Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft MSFT, Berkshire Hathaway (BRK/B), Block, Inc (SQ), Meta Platforms, Netflix (NFLX), Enphase (ENPH), Alphabet GOOGL and Bank of America BAC. Stock Market Summary: Trade long until Earnings reports 14 April. Buy the rumor sell the fact situation. The Elliott Wave market structure is also strongly suggesting higher price levels in the short term our analysis and trading strategy is risk on. Elliott Wave Analysis: Wave (i) of v) Trading Strategy: Trade Long Buy the Wave (ii) dip. Video Chapters 00:00 SP500 / NASDAQ 100 10:04 Apple (AAPL) 13:06 Amazon (AMZN) 13:42 NVIDIA (NVDA) 16:03 Meta Platforms (META) 16:26 Netflix (NFLX) 17:24 Enphase (ENPH) 22:06 Alphabet (GOOGL) 26:00 Microsoft (MSFT) 27:07 Berkshire Hathaway (BRK.B) 27:50 Tesla (TSLA) 28:12 Block Inc. (SQ) 29:27 Bank of America BAC 31:50 Thanks for supporting Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com Level Up - Test the Trial Service!
By tradinglounge · PostedStock Market Content ASX200 CBA BHP RIO FMG NCM Gold Lithium Nickel Copper DXY AUDUSD Elliott Wave Analysis Summary: Today, I present a bearish picture for the ASX200 Banks and Resources today. The USD to move lower and resources higher with a bank corrective rally, with resources and banks to rally the ASX200 should scoot along nicely higher - that said, the 7200 will see a Classic TradingLevels pattern. Elliott Wave: ASX200 Wave C of (2) Strategy ASX200 Stall at 7200 then a move to 7300 Video Chapters 00:00 S&P/ASX 200 (XJO) 19:42 Commonwealth Bank CBA / Bank Sector XXJ 20:24 IRON ORE BHP Group (BHP), Rio Tinto (RIO), Fortescue Metals Group (FMG) 21:30 Newcrest Mining NCM / GOLD XAUUSD. Silver 24:25 AUDUSD / US Dollar DXY 26:12 copper stocks 27:14 Nickel stocks 28:26 Lithium Stocks 30:46 Thanks for supporting Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com Level Up - Test the Trial Service!
Hi, today, my friend who I referred back in January finally got an phone call from IG customer service, and her application was refused based on she didn't have enough saving. She told me she answered she had 22K AUD in saving and prepare to submit a statement, but the CS said no need, we couldn't approve because it's too little and refused to elaborate further. Try again next month, maybe rule changed.
It happened that she's my 5th referral and IG just sent an email yesterday saying that the referral program is ending 29th March. Maybe just coincident but whatever. Very disappointed, as we did all the correct thing only for IG to cite obscure rule trying to avoid paying the bonus they promised themselves. Other forum is saying that people should have 5K (in euro or pound), which is way less than 22K AUD, and IG Australia itself is saying there's no minimum required. What to do? It's of course within IG right to refuse any client, but this is just unfair.
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