[DWAC]

Why is it that last week I was able to trade and make money on DWAC, but this week, now that IG know that it is a stock that if you play it right can make people money I cannot buy it? It seems that this week it is 'Too complex' for me to purchase!

[IG has shown it's true colours and is restricting BUYING of AMC and GME]

Found a good place to ask IG questions and demand answers. If you go to LinkedIn and the IG page they posted their quarterly figures last week. Great place to post questions as they would not like adverse publicity there.

 

[IG has shown it's true colours and is restricting BUYING of AMC and GME]

25 minutes ago, Deathers said:

What does manually move them over mean?

Sell here and rebuy at the new broker?

I believe I have to sell and buy, remove cash and buy with new broker. I am going to open an account with Capital and one other, not sure which yet. This has taught me that you should have an alternative account to have more options available.

[IG has shown it's true colours and is restricting BUYING of AMC and GME]

10 hours ago, jkipsd said:

how do you leave IG, can only see info about how to transfer holdings in, not out ?

I raised a case with their HelpDesk and asked if they had the option to transfer my shares or whether I would need to exit positions and manually move to another service. This is the reply in full:

Thanks for your email.

You will need to manually move them over.

[IG has shown it's true colours and is restricting BUYING of AMC and GME]

33 minutes ago, jlz said:

I am not sure if they are good or not but capital.com are trolling every broker by showing GME on their main page. They must be laughing at the whole thing there. They don't have an API for developers unfortunately but their spreads seem reasonable.

The didn't seem to have any "technical issue" last week. So there is that.

Thanks JLZ, I think I will open with them and gradually filter over.

[IG has shown it's true colours and is restricting BUYING of AMC and GME]

Does IG monitor these posts? It would be good to see them reply to these concerns.

Looking at all of the analysis on RobinHood there seems to be two possible causes for them halting these stocks; 1. a conflict of interest or 2. they have a liquidity problem.

Does IG have liquidity issues?

Am looking at Capital.com, does anyone have experience with them? Good or bad? Their advert claims they have no trading blocks in place.

[IG has shown it's true colours and is restricting BUYING of AMC and GME]

Hoping to exit IG, does anyone have any good suggestions for an alternative in the UK?

I honestly thought that IG was better than this, I was so shocked. Time to move on.