Limited Risk trading is not available on this market

[Guest MSEdge]

Hi,

I'm new to IG and playing around with the dashboard. On some markets I get the message 'Limited Risk trading is not available on this market at this time.' Why is this, because they are deemed to be too volatile for a beginner?

Thanks in advance

Michael

 

[Caseynotes]

Hi @MSEdge, essentially you are correct. During periods of high volatility on any asset the availability of a guaranteed stop is withdrawn and as a limited risk account must have a guaranteed stop the order will be refused. Bear in mind though that it is only temporary and can change throughout the day so worth repeated attempts.

[Guest LoN]

On 20/09/2018 at 21:27, Caseynotes said:

Hi @MSEdge, essentially you are correct. During periods of high volatility on any asset the availability of a guaranteed stop is withdrawn and as a limited risk account must have a guaranteed stop the order will be refused. Bear in mind though that it is only temporary and can change throughout the day so worth repeated attempts.

Hi I cannot see a " guaranteed stop" option?

[Caseynotes]

Hi @LoN,  the answer was referring to limited risk accounts no longer available in the UK.

On the new platform you should see the guarantee stop option from the dropdown box on the deal ticket, click the very small blue arrow (see pic below).

[Guest LoN]

Thank you for your answer.

I'm in the South African market. It doesn't seem to have that option.

[trade247]

18 minutes ago, LoN said:

Thank you for your answer.

I'm in the South African market. It doesn't seem to have that option.

what market you trading?

[Caseynotes]

@LoN, just looked at the IG South Africa site and they do have guaranteed stops, check your account type as you may be on a limited risk account and so all your stops are automatically guaranteed stops. see pic;