Just realised IG.Com is no longer worth touching with a barge pole

sprynter19

Newbie
2 0
I have an account with IG but don't really use them much because i can get better spreads and better margin requirements elsewhere. I occasionally use them for their binary bets with not excellent results. I did a binary bet today with the ftse to be above a certain point at 16:29 but some how lost because IG does not expire the binary at 16:29 like the ticket says but a few minutes later and said the market went down after 16:29 and is the reason i lost.
If the market went down after 16:29 that should not be my problem because your expiry time was 16:29.

You live you learn and then you close your IG.com account.
 

tar

Legendary member
10,441 1,313
I have an account with IG but don't really use them much because i can get better spreads and better margin requirements elsewhere. I occasionally use them for their binary bets with not excellent results. I did a binary bet today with the ftse to be above a certain point at 16:29 but some how lost because IG does not expire the binary at 16:29 like the ticket says but a few minutes later and said the market went down after 16:29 and is the reason i lost.
If the market went down after 16:29 that should not be my problem because your expiry time was 16:29.

You live you learn and then you close your IG.com account.
You should read their T&Cs , they did nothing wrong , they rely on bloomberg/Reuters , ask for a screenshot they will provide it for you , at least that's what they did for me .
 

Lord Flasheart

Legendary member
9,796 975
I have an account with IG but don't really use them much because i can get better spreads and better margin requirements elsewhere. I occasionally use them for their binary bets with not excellent results. I did a binary bet today with the ftse to be above a certain point at 16:29 but some how lost because IG does not expire the binary at 16:29 like the ticket says but a few minutes later and said the market went down after 16:29 and is the reason i lost.
If the market went down after 16:29 that should not be my problem because your expiry time was 16:29.

You live you learn and then you close your IG.com account.
I'd check the facts. You may accuse them of many things and they may do many things if they can get away with it, but I doubt they they would do something like that unless its a genuine error. Check it. I used to think they moved the market to take my £1 a point stop!!!
 
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sprynter19

Newbie
2 0
I don't use them much because they just don't feel right anymore. I will close the account and continue where i normally trade. don't have breath to spare on them because they will always have an excuse.
 

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