Recent content by wilwak

  1. W

    Feeling ripped off by IG Index

    Sorry Steve, I thought I'd reported back before now. They closed all the positions and refunded all losses as a 'gesture of goodwill'. However, reporting several weeks later, their compliance department formally investigated and found that IG had acted entirely in accordance with their T&C's...
  2. W

    Feeling ripped off by IG Index

    Still battling away. I'll keep you informed.
  3. W

    Feeling ripped off by IG Index

    The company have continued to pay the same quarterly dividends despite the fall in share price. They are and investment trust that is trading at a 85% discount to Net Asset Value. Much f the share price fall is due to the widening discount. I could be wrong but I am very much expecting the...
  4. W

    Feeling ripped off by IG Index

    Sorry guys, I didn't mean to start a squabble. :confused: I just asked if I'd been treated fairly and I think the answers have all been very useful - thank you all. In conclusion I think I've been caught out by something I didn't know could happen. Technically IG have probably acted outside...
  5. W

    Feeling ripped off by IG Index

    Once (if!!) I get these Invesco deals closed I'll never use them again. All I can do is take my custom elsewhere and share my experience in places like this. I specialise in SEO so if they don't act professionally with me then rest assured they'll be some interesting stuff appearing near the...
  6. W

    Feeling ripped off by IG Index

    That's what I offered and they said 'no'. I said to them 'ok, you made a mistake - just cancel the transactions' They declined.
  7. W

    Feeling ripped off by IG Index

    I've just been thinking about my general dealing going forward .... How are we as punters supposed to know what the SB company has 'factored in' and what they haven't when they quote a price? How are we supposed to know how much dividend they're expecting? Surely they can just screw us all...
  8. W

    Feeling ripped off by IG Index

    Many thanks Steve. You very much echo my thoughts. I have already put it to IG that just because some spotty analyst in their back office gets a 'feeling' do they have any right to change their price? There has been no announcement by the company. They still didn't budge. I'm still battling!
  9. W

    Feeling ripped off by IG Index

    Guess what! When I opened my position I did it gradually over an hour by opening 6 smaller positions. I like to do this because I can then set different stop losses and limits on each and mix my risk. I have just tried to close one of the positions (a sixth of my total position) and the...
  10. W

    Feeling ripped off by IG Index

    Thanks for all your help. I very much appreciate it. This is the first time I've experienced such an 'adjustment' and it's caught me out. IG have assured me that if a dividend is actually announced then my price will be adjusted again to reflect it. I must admit that I thought this was...
  11. W

    Feeling ripped off by IG Index

    Thanks for that. So, if the company does in fact declare a dividend next week then the price will be adjusted back down again will it?
  12. W

    Feeling ripped off by IG Index

    Hi all. I'm new to the forum and wanted some thoughts from fellow spreadbetters on whether I've been treated unfairly by IG Index. I've been trading for years with CMC and City Index with absolutely no problems but within 2 days of trading with IG Index I feel that I've been completely...
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