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Unreasonable Min stops and high spreads

Guest Raf

By Guest Raf,
in New Client Trading Questions

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Guest Raf

Guest Raf

Posted
Posted

Hi all, 

So I started an account and I'm being forced to place a guaranteed stop, the Min stop loss is 4000x (yes 4k, not typo) higher than other trading and paper trading demo and the spreads across many instruments are borderline crazy. 

For example, to buy/sell bitcoin, it's asking for 4238pts guaranteed stop loss. Meaning I can't even reduce my risk, in my view, doesn't this increase my risk if I simply wanted to put in 10-30pts? 

The spread on that is also approx 120~ which is a recipe for disaster. 

 

What am I missing here? 

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