IG and stops

srich

Newbie
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Hi
I’m interested to hear your opinions and experiences of spread betting with IG Index, specifically with regard to stops. I’ve read a lot of articles online about how they manipulate the charts to stop you out if you’re a successful trader. My experience has been that at £10 a pip I’m successful and then as soon as I increase to £50 I seem to continually be stopped out. What do you think?
 
I'm sceptical. Apart from the regulatory hot water they would land in if they did this, your next actions surely would be to a) cut back on number of trades, b) reduce £ / pip and c) re-locate your account. This won't help their business.
 
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