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Showing content with the highest reputation on 23/02/21 in all areas

  1. I know some of this has already been posted on other threads but thought it would be useful to repost for those that have missed it or didn't receive an email from IG. Surely this kind of information should be visible on the IG website or in the blog posts. Really frustrating as a lot of these restricted securities are actually liquid ETFs, I've closed my affected positions (at a loss) to avoid the 100% margin change this Friday. Really disappointing that these changes are communicated at such short notice. Part of the appeal of the IG spread betting account for me is access to small caps whic
    2 points
  2. I think everything about this is wrong, from 100% margin in the first place to how the 'rollout' has been timed and communicated, and then lack of acknowledgement from IG that there is serious push back.
    2 points
  3. Would a Telegram group dedicated to spread betting be a useful addition for people. Can discuss what brokers are offering what positions etc and have some very knowledgeable traders with plenty of experience to pass on their expertise on such matters. Let me know with the like button and if there’s enough interest we’ll get one set up.
    2 points
  4. I understand the FCA legislation regarding crypto, but I'm based in Australia not the UK and unable to open new positions. More concerning, I'm unable to close short positions. Please can you advice what is going on?
    1 point
  5. Why can't I close my positions in cryptos? Explain me....where is the support?
    1 point
  6. Strictly speaking this is an entirely different sort of problem. There are reasons why it could happen. If you did buy, you didn't lose money on it right? Probably want a new forum topic for this.
    1 point
  7. P*SS POOR. IG have panicked in the wake of 'GameStop'. They have NOT managed their risk. They now want to screw retail clients. P*SS POOR PERFORMANCE. YOU CANNOT TRUST IG AS A SERVICE PROVIDER
    1 point
  8. It is not a matter of "calling the impacted clients". The guy I spoke to on Monday did not even know Flash had been discontinued in spite of it being notified on every computer in the WORLD for the last 6 or 8 months. And he was in technical support? Common... we need to be treated better than fools. Fix it, even if it means a re boot of the system ... do it at 8am Melbourne time when most markets are closed. This is seriously causing major problems & is not good enough.
    1 point
  9. Hi there, new to the forum so hope it's the right place. I would like to see a chart of the value of my overall portfolio (ISA). I can only check the current value of my portfolio but haven't found a way to chart historical values (to check hitorical performance for instance). Thanks for your help. Max
    1 point
  10. Wow ok I am hitting the books - thanks by the way I am also going through your other thread but its so in depth. Lol I kinda can figure out where a trend starts but enver where it ends. really appreciate your help by the way.
    1 point
  11. And why can't I close my shorts when they are in profit?! IG this is looking highly suspicious, and "copy and paste" support responses regarding UK retail client legislation isn't helpful. Please do better.
    1 point
  12. I've already had to close a number of positions which were significantly up today, but which I expected more to come - mainly commodity related ETF's. This has hurt my trust in IG and the damage is already done as far as I'm concerned as i've now been forced to make a decision in preparation for Friday.
    1 point
  13. Update on this: I spoke to the technical team again as they were going to call the impacted clients but instead have raised a request so they now have a note on this and are looking to resolve it. Thanks for your patience with this one.
    1 point
  14. So in reality what will happen is that IG will catch your clients out because many will not have the funds available to meet the 100% margin required by 26th February. They will then go on margin call and be forced to close on Friday or Monday rather than having until March 29th. This is likely to force some clients to have to liquidate and accept losses on positions which might have pending newsflow which would make them come good. Whether or not this is within IGs terms or not, it is going to make IG look very bad. If there are 900 stocks there are likely to be many hundreds, if
    1 point
  15. As I understand it you can only use the API with a spread bet or CFD account not a share dealing account. It looks from your partial screenshot that you have a share dealing account so I suspect this is why you cannot see the API option.
    1 point
  16. I'm not a UK client, but a Swiss client, so what is your answer... Explain me....
    1 point
  17. IG should be more like Robinhood, yes that would be great, selling their order flow to Citidal, in front of a congressional panel at the mo and more or less bust, terrific. Should consider using Plus500, they just take the other side of their clients bets as most lose anyway. You will always get a fil that way. They had a scare last April though when their clients actually 'got it right' on the big oil drop. Nearly went bust and had to give notice to share holders of no divs for a while. On second thoughts maybe not.
    1 point
  18. Retail clients demand that their broker DOES NOT take the other side of their bet, that would be an outrageous conflict of interest, you lose - they win. The other thing that retail clients demand is that the broker DOES take the other side of their bet, so then the punter will always get filled at their prefered price .
    1 point
  19. Hey Sam, I hope you're well. With CFD and spread betting you're trading on a leveraged product which means you only put down a percentage of the market value when placing the trades. Then the profit/ loss moves and changes your balance depending on the market moving in your favor or against you. When you place the order on a CFD account you can see the margin you're putting down on the deal ticket: With spread betting we use points. If the number to the left of the decimal place moved from 1 to 2 that's a one point movement. If your position size on spread betting
    1 point
  20. It is absolutely disgraceful that this company has sent me an email saying it will not allow new GME and AMC positions from Monday. I had been telling people this was a great service and to get on it. I will now tell them the opposite as I open a new account elsewhere. After I've sold, I won't be back.
    1 point
  21. Hi guys, I'm trying to close a long position and my buys and sells are blanked out. I've been locked out all day and it looks like trading should start after maintenance has finished, which it has . Can someone please confirm?!
    1 point
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