.jpg.558bce0b1646b8c4693b9df58deee78f.jpg)
JohnRoxton
-
Posts
33 -
Joined
-
Last visited
Content Type
Profiles
Forums
Blogs
Events
Community Tutorials
Store
Posts posted by JohnRoxton
-
-
31 minutes ago, Caseynotes said:
Hi, yeah I think you need to allow third party cookies as well IG's as the charts use data from another company.
see this post pictured below.
Hi Herald,
Thanks a million, this has solved the problem immediately.
Much appreciated!
-
3 hours ago, Caseynotes said:
Hi, check for additional fixes on this page such as clearing cache.
https://www.ig.com/uk/help-and-support/charts/ig-charts/why-are-my-ig-charts-not-working
Thanks for the reply Caseynotes,
I have cleared the cache and run Ccleaner and it is the same.
The chart works if I left click on it and it opens in the main platform page but when I right click and "open in a new window" it just sits there frozen like a screenshot.
I noticed that in the top right corner of the chart when in new window mode there is a notification that says "This page was prevented from setting cookies".
I don't know if that is relevant to the problem but I went onto settings and checked that cookies and notifications are allowed from IG.
Thanks again for your help
-
Hi all,
I had a windows update 2 days ago and now when I open the charts they do not move.
They open normally but then there is no candle movement.
The platform page is showing price movements so I don't think it's a flash problem.
This happened a few years ago but I cannot remember what the solution was.
Any advice please?
Thanks
-
16 minutes ago, scs1987 said:
Hi Guys,
I came across a provider called Alpari, they offer binary options and to UK clients. Has anyone used them and are the good?
Thanks
Keep away from Alpari if I were you. They seem to lurch from one financial crisis to another and several complaints about a dishonest platform.
There is no need to go to fx brokers such as these, plenty of reliable and proven brokers out there.
If you are particularly interested in binary options then that will make it a tad mote difficult for you.
-
41 minutes ago, Caseynotes said:
Esma extends for another 3 months the new regulations but there is a nod to longer term type options/binaries like the new IG KOs.
https://www.ft.com/content/5fd9b9d0-a769-11e8-926a-7342fe5e173f
Thanks for the update.
-
5 minutes ago, LeoTrader said:
The ESMA regulations aren't legally a permanent change to legislation; they have to be reviewed and reimposed every three months if still deemed appropriate. I think they can keep them rolling for as long as they want though, so effectively permanent if they so choose.
"MiFIR gives ESMA the power to introduce temporary intervention measures on a three monthly basis. Before the end of the three months, ESMA will review the product intervention measures and consider the need to extend them for a further three months."
Source: www.esma.europa.eu
Thanks for the detailed reply.
There is hope after all then:)
But I doubt they will reverse what they have started, I suppose best we can hope for is a slackening of the leverage rules.
Have to say though that the negative balance rule is a blessing for the retail trader.
-
1 hour ago, Sunny Days said:
ICMarkets. I sent proof of Id and it was rejected twice. I took this as a hint of things to come.
No such issues with IG Austrailia...
Lets hope that after the 3 months "trial" the ESMA reduce the margins. Not holding my breath on this one.
Hi Sunny Days,
What's this about a 3 month trial re ESMA?
This is the first I have heard of this.
Thanks
-
30 minutes ago, Medusa123 said:
I am quite a Dumbo re these matters but as the ESMA ruling is decidely discriminatory and will cause loss to retail clients cannot we complain to the Ombudsman if there is one?
I think it is too much for an Ombudsman to deal with as if memory serves then they arbitrate and deal with complaints within existing laws and regs.
Maybe somebody will take it higher to the EU court of human rights?
The ridiculous thing about ESMA is that anybody can still go out and put £50,000 on a horse if they want to as it is their money and they can do as they please with it.
Maybe a legal eagle can spot a breach in the ruling that infringes on the rights of EU citizens to trade?
ESMA is a perfect case of regulating simply to justify their own existence.
-
8 minutes ago, Caseynotes said:
Not surprising @JohnRoxton, given that even UK brokers were slow to come up with simply opening new accounts for those who wanted them, that US brokers probably have not even looked into the possibility.
The article above talks about the Pareto principle as applied to broker's clients but surely that doesn't mean small retail clients are actually undesirable, everyone has to start somewhere, right.
Exactly!!! That's the only way that some of the 90% will end up in the 10% profit group!!
-
1 hour ago, Caseynotes said:
Interesting article here that touches on the problems brokers are having interpretating esma's rules on professional vs retail clients and one firm that's looking to help smaller brokers comply.
I was told by a US firm that the rules will still be applied to me by them as I am an EU citizen.
Maybe they just sensed I was small fry and they couldn't be bothered to open an a/c for me....not worth their time etc.
A the article says, I suppose it's open to interpretation.
And....as we know, IG have invited those who interested to open new IG a/c's in their overseas offices.
-
23 hours ago, Caseynotes said:
Don't look at the Dow, you'll have a heart attack.
I see what you mean!!! I had to go and lie down in a dark room!!!!!!!!!!
-
3 minutes ago, JamesIG said:
Both margin requirements are 5%, however because the DAX value is nearly double the current FTSE index value, the margin required in GBP terms is going to be larger. I.e. the same percentage on a larger number is going to equate to a larger deposit requirement.
Thanks for the explanation James
-
1
-
-
Just curious as to why their are margin differences between DAX and FTSE.
Both are in the major indices group re leveraging but DAX is almost double the required margin of what the FTSE is.
-
4 minutes ago, Caseynotes said:
Do they mean us? ???
They surely do!
-
14 hours ago, 202925 said:
Hi John
Its IG who face off the other side of your trade.
In your example if 90% of clients are long and the trade is winning, then those winnings would come from the 10% who are short. Mathematically impossible.
Yes I see your point. But they also hedge like a bookmaker when trades are significantly in one direction. I am thinking mainly about forex and the major indices.
From IG:
"Mostly, our clients offset each other’s positions. For example if client A buys one lot of the DAX and client B sells one lot of the DAX, both sides of the trade are covered. This means IG is not exposed to the profit or loss of either client. Instead, we make our money via the spread (i.e. the transaction fee) that each client pays to trade.
Sometimes, a large majority of clients will trade in one direction. When this happens, we will protect our exposure to risk by hedging in the underlying market. For example, if client A and client B buy the DAX, we may buy actual DAX futures. This then covers the amount we will pay out if both clients are successful."
-
1
-
-
If anybody is interested I just put my charts up and on DAX a £1 spread bet requires a margin of £641.62 so my stakes will have to be reduced but to be honest I am pleased overall compared to the shock at the beginning of the year when IG first wrote of this ESMA change. I thought I wouldn't be able to trade at all.
-
1 hour ago, FFS_Daytrader said:
The bar for attaining Professional Trader status is very high (IMOA) and I doubt many normal traders will have the actually hit all three criteria required to covert to Professional status.
As I commented before, I have been with IG a long time and as a UK resident; am comfortable with service provided by IG as a UK entity.
Do “we” really want to jump through hoops to circumvent rules which actually (if you look at it with a clear head) can/will have minimal impact on normal trading bar the increase in margin (which I agree is disproportionate to outgoing margins).
I am looking at other brokers but will trade under the new ESMA rules for a while to see and assess impact/restrictions on my trades and orders.
Whilst I am in agreement with you all regarding the ESMA rules; let’s take a breath, pause and most importantly THINK before jumping from frying pan in to an “unknown” fire.
Good points.
If I have understood the ESMA rules on leverage then trading major FX on the lower time frames (5 min & 2 min) will require a IG balance of around £2300-2500 for a spread bet of £5 per pip?
Is that correct? It's what IG suggested in an email last month (if I read it correctly).
Major FX is the least "damaged" option for home traders followed by major indices.
So trading cable would require a balance as shown above to a £5 stake and DAX would bring it up to about £3000.
Thanks
-
1
-
-
1 hour ago, 202925 said:
Have you applied for Professional Status Panda Face? If not- which I think so, then please do not comment on something for which you have no experience.
And IG is the house- if you lose money- where does it go? They are not a charity
Actually I think if you lose or win money it goes to or comes from the other traders who have an opposing view to your trade. That was my understanding anyway.
If you win on a long trade your profits come from those who went short and lost.
IG makes its money from the spread or from fixed charges if not a spread bet.
Just my thoughts.
-
Is there any practical difference between spread betting and trading CFD's?
I mean on the charts, opening and closing trades etc?
Thanks
-
4 minutes ago, JamesIG said:
Hey @JohnRoxton - If the original verification is in date we can use that if you are signing up to our Australian office. If the original documents to verify identity have expired we would need to redo the process. However if you are applying to our Swiss office, then verification has to be all new.
Thanks James,
Is there any difference in regards trading rules between the Swiss & Aus offices?
Thanks
-
Can anyone at IG tell us if UK clients need to go through the whole ID process again if opening a new a/c in IG Aus please?
Or is our IG UK a/c satisfactory proof enough for Aus?
Thanks
-
32 minutes ago, Guest Tinkertrader said:
it’s easier and less risk to go to ig in oz isn’t it? Why the **** would i go to some unknown broker who are only coming up now because of esma? Seems dodgy to me.
Ill stick with what I know.
Yes I think you're right. Stick with the established names to be safe.
-
1 minute ago, Caseynotes said:
Yes, ASIC is Australia's version of the FCA. Account protection of up up £50,000 is provided by the FSCS (this is also the 'bank protection scheme') in the UK but there is no equivalent protection scheme in Australia. The regulatory authority in both UK and Australia (FCA and ASIC) demand client funds are held in a separate account to the brokers (ring fenced).
That's good news. Thanks for confirming.
-
3 minutes ago, cryptotrader said:
well yes ... on their website there is a massive referral link so they're making bank for everyone who signs up there.
FCA isn't in Aus so obviously Aus IG can't protect money with FCA.... They are regulated tho by their relevant party.
Yes, I should have written that more clearly. I meant IG Aus said that money held there is not protected by the Aus equivalent of the FCA, would that be the ASIC?
But having said that I have seen this page which now states that client money is very well protected in Aus.
Maybe I was getting it confused with a government banking compensation scheme if a bank fails such as we have here in the UK. Sorry for any confusion, here is the link to IG Aus money protection:
-
1
-
Charts frozen after windows update
in IG Chart Support - Charts, MT4 and PRT
Posted
LOL
Sorry, I didn't realise !!
Thanks for taking the time to dig that out Caseynotes.
Very thoughtful of you ✔✔✔👍👍👍