Maximum Trade Size

[Matches]

Hi. I recently tried to buy £50,000 worth of a stock but the platform would not let me place and order so big so I had to do it over two trades (hence costing more), can you increase the limit as I will be regularly trading this size order?

[AndaIG]

Hi @Matches

Thanks for reaching out, 

The max consideration on UK stocks is GBP25 000 (GBP 50 000 for at quote/RSP orders). You can request to have this increased, however this changes the commission structure to 0.05%. It is hardly beneficial to change the max consideration because it is usually cheaper to trade in multiple clips than to change the commission structure. 

Should you wish to change the max consideration you can send an email to helpdesk.uk@ig.com stating what you would like it changed to and that you agree to the new commission structure of 0.05%. 

All the best, 

Anda

[Albertchanhowan]

I have just tried to trade USTech 100 at 15:18, however it was rejected due to the max. trade size was over 68 contracts, the platform suggested me to deal in same direction up to 68 contracts every 20 seconds. Could you please explain what happened to this case, this was not happened before, thanks.