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

22 minutes ago, Fletch said:

I don't personally hold shares in either entity, but it does make you wonder where it will end with brokers appearing to protect their friends' by halting trading on certain stocks (or at least halting trading for the hoi polloi, but letting the trough-feeding vermin continue regardless). Let's face it, such actions benefit nobody except those making billions off of other peoples' property. It really doesn't look good IG, and I will be looking carefully if I really want to continue using you as a broker.

I was about to open a 500k account with them.

I have reversed course on the basis of this decision.

We are watching IG! Don’t be on the wrong side of history....

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

3 hours ago, FFS_Daytrader said:

I agree to all the comments and also felt frustrated the platform online & App "conveniently"  went offline for 3 days on the trot exactly when the US opened.

We all know that Robinhood have had to reverse their restrictions/limits on deemed volatile stock so why has IG now decide to restrict retail investors - will probably get the same BS about protecting retail investors!!!

I am a bit pissed off with this constant rule changes against retail investors - EC ruling/higher margins/no Crypto dealing/restricted trading/even higher margins of 100% to name a few!!!!!!!!!!!!!1

I am looking for a new broker who will allow more fair dealing plus I want premarket trading and prepaid to pay a higher price for a better service!!

Does anybody know a broker who offers the above? is IB anygood?

IB are absolute criminals.

Can you believe what you’re hearing here???

 

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

5 hours ago, ChristianMike said:

Yet they allow you to SELL and close out your positions. What will that do to the overall market price of AMC and GME? Well obviously if we can only sell the the price will go down down, allowing these greedy hedge funds to exit their short positions without taking too much of a hit.

You have 2 choices, 1. Sell your shares back to the hedges, just like they want, or 2. Hold and watch them wet the bed, eventually having to buy at the price WE SET and us little guys make some money. 

Also, leave IG they don't deserve your business after this blatant act of market manipulation. 

This is blatant market manipulation as you’ve said!!

I thought IG were one of the good ones (compared to IBKR who are bad nuts), and was literally just about to transfer a 500k trading account to them!