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Error - "Sorry - only available for trading on leverage"


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9 hours ago, ddddd said:

"Sorry - only available for trading on leverage."

Hi @ddddd,  it's likely to be down to IG not taking trades when a market is small and illiquid, sometimes the underlying market may be too small but the derivative (leveraged) market, which is always larger, remains large enough to continue to be offered.

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Unfortunately we have recently removed Cannabis stock from the Share dealing platform. This was on the back of a review of the regulatory and political implications of offering Cannabis stocks in the UK with a recreational link. You can therefore only trade this on a leverage account which is a derivative and hedged via swaps. 

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  • 1 year later...

Even with MSOS? I understand the inability to trade OTC pink slips but the ETF MSOS in addition to NYSE/NASDAQ listed companies should be tradable without any question regarding legal frameworks.

 

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On 04/09/2021 at 21:47, Guest saarema said:

I am extremely disappointed and frustrated that I can't buy cannabis stock. I am thinking of changing my dealing platform, sorry.

HI,

As mentioned above we removed Cannabis stock from the Share dealing platform. This was on the back of a review of the regulatory and political implications of offering Cannabis stocks in the UK with a recreational link. You can therefore only trade this on a leverage account which is a derivative and hedged via swaps. 

All the best - Arvin

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