Day Trading & Forex Forum

Pippppin

IG inform me that they are now planning to charge £30 per month for using their charts, unless at least 2 trades per month are made. Good timing, because I stopped using them a few months ago, vowing never to return after another of their "the problem is your browser" cons.

Aside from the fact that the charts they offer are very poor quality, and littered with errors (not a patch on the real charts I use via my DMA US broker), either IG are getting greedier and greedier, or they are feeling the pinch, as the number of mugs willing to spreadbet with them is starting to diminish...

KillPhil08

Just to clarify, this is for use of the advanced tick charts. Not the quick charts.

foredog

Simple economics isn't it?

They have to pay the chart providers so if you're not using your account then why should youget the use of the charts for free?

__________________
Thinking of paying for a course, read this first http://www.trade2win.com/boards/gene...tml#post707344

My blog of a simple GBPUSD system http://simpledibs.blogspot.com/ or here http://www.trade2win.com/boards/trad...side-bars.html

Pippppin

Given the tricks they employ to relieve punters of their money, I would not have thought it makes economic sense to deter punters from trading. I suspect their margins are thinning, as the pool of mugs diminishes...

foredog

Or maybe they've looked at shortsandlongs which is attracting a client base without charts etc and thought why are we giving this away for free to people who the use s&L as they've a tighter spread.

As you say margins

__________________
Thinking of paying for a course, read this first http://www.trade2win.com/boards/gene...tml#post707344

My blog of a simple GBPUSD system http://simpledibs.blogspot.com/ or here http://www.trade2win.com/boards/trad...side-bars.html

montmorencyt2w

Do they "assume" all their clients are actually using the advanced charts, and automatically deduct the £30 from the balance if the requisite number of trades is not met, or do you have to actively opt-in to this £30/month system?

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Regards,
Mike
--
Still learning my trade.

"Trade what you see", but make sure you are looking from the right viewpoint.

foredog

I've not had anything from them about this, but i only use the basic charts.

__________________
Thinking of paying for a course, read this first http://www.trade2win.com/boards/gene...tml#post707344

My blog of a simple GBPUSD system http://simpledibs.blogspot.com/ or here http://www.trade2win.com/boards/trad...side-bars.html

Hoggums

Your advanced charts option is disabled unless you agree to paying the £30. You won't be charged unless you agree to it. Fair enough I say.

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Hoggums

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