[GameStop and AMC Entertainment and margin update]

On 30/01/2021 at 13:48, CaptainIreland said:

Is this for real?

IG are actually preventing people from trading in these stocks?

“Due to the recent extreme volatility, and in order to prioritise the service we give our existing clients we are not allowing any new positions to be opened” ???? This doesn’t even make sense.

Absolutely atrocious, you’re joining the Robinhood gang!  Nothing other than protecting the hedge funds while the individual loses out. This is not prioritise your service to your clients unless your owned by Wall Street.

This action is for no reason other than miniminse share price increase while the shorting continues throughout next week.  I will certainly never be using the platform for trading and will make sure my co-workers follow suit.  Dispicable!

s a professional member with a Premium manager I contacted him but he knew nothing about this move from IG. I will be running down my open positions and closing my account as I have had enough of this manipulation. The system going down at 14:30 the last three trading days was at best a deliberate action to throttle the service and at worst a manipulation to stop customers trading and allowing the volatility to take them out with no recourse.

[Weekend margin]

The margin increases are a disgrace and the spreads are getting wider. IG really are showing their true colours when volatility increases. Treating Customers Fairly is not on their agenda.