Hi Charlotte,
Completely on board with Ricky66. I was looking to join a new platform and opened a demo CFD account to get a sense of your charting tools, indicators, etc before committing to IG. I am not interested in CFD's or Spread betting, but rather Share Dealing, ISA, SIPP accounts. I was very impressed by the layout and the tools in place, but I could not believe that you did not have stop losses in place at all on the Share dealing account. I would go as far as saying that the aim for IG should be not only to introduce the basic stop loss facility but the more advance too, the trailing stop loss.
The alert price you suggest I am afraid is no where close to offer what a stop loss offers in terms of risk management on the account.
IG might be one of the top in terms of tools and charting, but offering a trading account without stop losses in place is purely suicidal for any trader and a complete lack of risk management offering tools from IG.
Until the developers of the Share desk do not introduce this basic risk management feature I am afraid I won't be joining IG either.
Drop us a line when you have some news.
Many thanks,
Denis