Jump to content
Sign in to follow this  

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

Recommended Posts

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?

Share this post


Link to post
8 minutes 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?

Don't need to see it mate, you've set it in the same place as everyone else 🙂.

Share this post


Link to post
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. 

Share this post


Link to post

@JamesIG,

I think some are concerned that because staff on IG’s dealing desk and trading services team can see these that the price could be dropped to stop loss levels as they could have an overall view of this on any specific asset. 

This is what certain others believe. Are you able to alleviate their concerns? 

Share this post


Link to post

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

 

Share this post


Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Member Statistics

    • Total Topics
      7,851
    • Total Posts
      41,382
    • Total Members
      51,698
    Newest Member
    Blueprint
    Joined 07/12/19 17:37
  • Posts

    • There is an interesting development in the price action for Copper as the chart below shows: Soybean is also looking interesting at the same time. Soybean Oil has been on a good run. I shall end this chart feast with Soybean Meal!  
    • told you he was good 🙂
    • Podcast interviewing Chris Weston, (previously of IG Australia). I haven't heard the whole thing yet but Chris is always worth a listen. I'm hoping he will talk about using implied volatility as described in the video of his posted in the Technical Analysis thread. https://futuresradioshow.com/podcast/286/
×
×