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Can other people see what stop loss and limits I have set?


Guest Mark8787

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Guest Mark8787

Are parameters such as stop loss and limits levels I set on a CFD stock trade confidential or can other people see what I've set?

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2 hours ago, Mark8787 said:

Are parameters such as stop loss and limits levels I set on a CFD stock trade confidential or can other people see what I've set?

Those on the dealing desk / trading services team will be able to see these, however other individuals in the OTC market (i.e. other clients of IG) will not be able to. 

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We take the underlying exchange and liquidity providers price and feed them into the platform (with our spreads) so if a stop or limit is ever triggered and you wanted to question it please get in contact and we'll be able to provide independent third party evidence (e.g. Bloomberg or exchange data from the NYSE or LSE for example).

While it is a well-known fact that successful trading can be challenging, we do not typically benefit from trading losses that an unsuccessful client may experience. In the same vein, if you make money from a profitable trade, IG does not typically lose out.

Put simply, we want our clients to trade profitably, and it goes without saying that we do not manipulate price feeds or widen spreads unnecessarily.

If you would prefer to deal directly in the market for FX or shares then you can use the DMA functionality to place orders on exchange (for example NYSE, LSE, or via Forex Direct). 

https://www.ig.com/uk/shares/shares-dma
https://www.ig.com/uk/forex/forex-direct

 

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