ig markets - a criminal broker

Maybe because she is a new member just 4 posts ...

maybe, but it is not a usual occurrence for new members to get caught up like this every post, in fact join date is in February so not new, ok only a handful of posts but I do not believe that is a valid reason to get posts hung up in the moderation queue, as I said it is rare, especially when not linking anywhere.
 
maybe, but it is not a usual occurrence for new members to get caught up like this every post, in fact join date is in February so not new, ok only a handful of posts but I do not believe that is a valid reason to get posts hung up in the moderation queue, as I said it is rare, especially when not linking anywhere.

Maybe Sharky can clarify this ...
 
You should see how IG screwed over 300+ clients on the SNB floor removal on Jan15th.

The FOS seem to be in IG'S back pocket.

Getting the FCA to investigate is like getting blood from a stone.

See this site www.negativebalancewithigindexoneurchf.yolasite.com

And Google ig index are cheats

Who at fca is even slightly listening to what you are saying? The IG supervisor at FCA is a guy called Bimal Shah.....Who worships the ground IG are standing on.
 
IG is a scam, they made up market price to gain from your lose!

IG is a scam, they made up market price to gain from your lose!, I short a bitcoin position and put the stop lose away $100 USD, after 8 minutes, they suspended the long trade of bitcoin then surged their bitcoin price more than $100 USD to hit my stop-lose, then dropped $100 in less two minutes back to previous level, Checked all major bitcoin exchanges they never have this price surge.
could any guys that have suffered IG scams write to me at [email protected], let's put our stories together.

Below are stories of two IG clients:

IG is scam stay away
IG claims to be one of the leading brokers and surely they are scam. I've been trading with them for more than 2 years, they always change the settlement prices and then claim that their charts are not accurate. If the charts on their website are not correct how do they expect clients to trade, for example if you place a trade and the market settles at 10091.55 on their live chart, they will say ooh sorry the correct settlement price was 10094.66
They would claim this price to be on third party platform.

They will steal your money be warned!!!!!!!!!!!!!!!

Dodgy Stop Loss
Dodgy Stop Loss. Follows you everywhere...if you know what I mean. Odds always against you no matter what you do. I opened 2 positons..one buy, one sell, same currency pair and put stop losses on both. Both were taken out at the same time before my eyes. I just learnt my lesson. Took all my money out straightaway. Now I'm happily trading elsewhere. They will milk you dry...be warned!!!
 
IG made up price to hit your stop to make money

IG made up price to hit your stop to make money, I short a bitcoin position and put the stop lose away $100 USD, after 8 minutes, they suspended the long trade of bitcoin then surged their bitcoin price more than $100 USD to hit my stop-lose, then dropped $100 in less two minutes back to previous level, Checked all major bitcoin exchanges they never have this price surge.
D ,Tongai Chedu, I have the same stories as your guys, could you and any guys that have suffered IG scams write to me at stopigscam gmail com, let's put our stories together.
 
@Jim898 so you're trading a wholly fabricated super volatile market-maker provided market aka. bitcoin - a market which recently has daily ups and downs well in excess of 10% a day and... you got stopped out by said market maker.
Riiight so I wish you good luck with that complaint :cool:
 
Need help

Why not just trade with a direct market access broker and these problems would disappear. Granted you need a lot more money in your account but at least you know youre not getting messed about by a SB company. You can open a proper direct market access account with $5k for futures and it gives more leverage than you'd ever need. I dont think you'll ever beat the SB companies as they make up their own rules.

Give me an example of a DMA broker! I thought IG is a DMA broker.... Can you help me by giving me few examples of DMA broker? How can I recognize a DMA broker from a SB broker?
I need help as IG broker just closed most of my hedged positions because they suddenly increased the spreads ... they increased the spreads on my open position to the point that my available fund went to -900 within minutes.
 
Give me an example of a DMA broker! I thought IG is a DMA broker.... Can you help me by giving me few examples of DMA broker? How can I recognize a DMA broker from a SB broker?
I need help as IG broker just closed most of my hedged positions because they suddenly increased the spreads ... they increased the spreads on my open position to the point that my available fund went to -900 within minutes.

if you dont know what DMA stands for better be careful with trading overall

dma = direct market access = futures markets not OTC = over the counter
with DMA no one but the market sets up the spread... you see real buyers and sellers no third party messing in the prices
 
Just a massive slot machine at a casino, that's all l can say about IG. Never again, much better brokers out there, better than these crooks.
 
Basically, everything, from tickets not going through til after a big swing in the opposite direction, telling me to call if l needed them to switch out a contract from one about to expire to one further into the future. I did that and then they told me l needed to deposit more funds, even though it was hedged, so flat.
Refused to close my longs til l deposited more funds, l did that and was only allowed to close 10-15% of those positions then wanted even more money. After depositing further funds, and then slowly exiting everything, noticed my funds going down, only to see interest charges and price change on futures nibbling away at it and then forced to close everything out before they cleaned me out completely. It was endless, l should have ended it months earlier.
 
Sounds like a sh!t show Kear. I am reluctant to go with a bucket shop even if they are tax efficient. There is something about them taking the other side of my trades that bothers me.
 
That's true FXX and l know they take the other side of our trades, Capital spreads used to, but they got bought out by Intertrader, and Intertrader do not trade against their clients. I may go back to them in the future.
 
Basically, everything, from tickets not going through til after a big swing in the opposite direction, telling me to call if l needed them to switch out a contract from one about to expire to one further into the future. I did that and then they told me l needed to deposit more funds, even though it was hedged, so flat.
Refused to close my longs til l deposited more funds, l did that and was only allowed to close 10-15% of those positions then wanted even more money. After depositing further funds, and then slowly exiting everything, noticed my funds going down, only to see interest charges and price change on futures nibbling away at it and then forced to close everything out before they cleaned me out completely. It was endless, l should have ended it months earlier.
Report them to the FCA and get them shut down.
 
It seems again people i.e. new traders are burned by leverage and CFDs. I refuse to deal in spread betting. Having a £1000 entry with a 1:10 leverage means opening a position of £10.000 - can go either way. Lose or win. It's scary. Please learn to risk manage and know what you are doing. Always place stops! Know how much you will lose if all goes bad. That way you're secured, say if your computer dies.
 
I have just had bad bad experience with ig markets trading currencies. My platform kept closing just when i was going to take my profit or change a stop - on re-opening, I either had losses or less profit or been stopped out, usually by a pip or two.
when I tried to exit trades, the close box froze. Sometimes I could buy back a sell for instance but often I had to re-start the platform.
I am talking about normal trading times, not announcements.
I rang each time, as instructed by the help desk. Offers to close my trades manually don't make much sense when the horse has already left the stable.
Ig never noticed me until I started to make real money. On complaining, I was met with 'sympathy' and 'understanding'...both of which I do not need when I have just lost a lot of money because their platform 'malfunctions'. My firefox browser was blamed, my internet connection and basically it was all my fault. After having one of their IT guys in my computer for 3 hours, nothing changed. He could not find anything wrong anyway.
One evening they crashed me out and I had -7888USD on my ac count balance, technically impossible. They froze my platform and prevented me from trading for 16 hours until accounts could work out what was going on. I was told it was an 'electronic error' and later an 'oversight in the accounts department'. I asked why I had to foot the bill. No reply. When my account was finally unfrozen, my balance was zero. I asked where my money was and they said it had been sent to my bank account back home, a transfer I never authorized verbally or in writing. I was told to write a complaint, which I did and then my 'account manager' rang me and said I was to exit my trades, I would not be allowed to place new ones and my account would be closed because 'I continued to take issue with matters considered satisfactorily resolved'. I was told my money would be returned to my account back home within 2-3 bank working days - it took 2 weeks.

I had already joined a new broker by this time but I could not fund my account until the money from ig arrived. I sat and watched the market go by without me.

I am taking this further and would be grateful for any experiences others have had with these criminals. My email address is [email protected].
I believe that all brokers are criminals. I have lost money with Finspreads, [the worst] etx and ig. You mention that you pc froze. This happen to me with Finspeads. You should never have let them fiddle with your PC either..
 
It seems again people i.e. new traders are burned by leverage and CFDs. I refuse to deal in spread betting. Having a £1000 entry with a 1:10 leverage means opening a position of £10.000 - can go either way. Lose or win. It's scary. Please learn to risk manage and know what you are doing. Always place stops! Know how much you will lose if all goes bad. That way you're secured, say if your computer dies.


Good advice on stop-losses - essential.

But are you trading forex in the UK without using SB or CFD's?
 
Their algorithms are very quick to work out who the suckers are. Good traders go into a pot and their positions are hedged. They take the other side of the suckers bets.
Actually, IG is a criminal broker. Whether you are experienced trader or not, they take the other side of the bet and if they don't like you, they'll send the big boys(sovereign hedge funds) to take away your money.
They will even hack your ports to ensure they take your winnings.
 
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Actually, IG is a criminal broker. Whether you are experienced trader or not, they take the other side of the bet and if they don't like you, they'll send the big boys(sovereign hedge funds) to take away your money.
They will even hack your ports to ensure they take your winnings.
It would be good to see instances in each case of what you're referring to.

I'm not saying you're wrong but you have to expect that if you come on a forum for traders - of all people - you're going to be asked to back up what you're saying. The stronger your opinions, the better your evidence must be...
 
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