Hi Kaeso,in a nutshell..
in circumstances where it's not cost effective or where it's restrictive in other ways
I’ve never found my broker (IG ) restrictive in any way. Buy or sell, carried out instantly. As for cost effectiveness, again, no problems here. I find them extremely competitive for price and great for service. This is based all on my own personal experiences. Although I know many others that also trade through them without fault, issue or problem of any kind.
Hence my being with them for many years now.
Obviously if one is trading from a different country then they may not have the same benefits as we do here in the UK.
Needless to say, it’s usually down to being under capitalised and a high level of ignorance as to why so many don’t make it. I heard a saying once that ‘an idiot doesn’t know they’re an idiot’. I’m not sure if that’s true as I’m not an idiot..... or am I. Who knows.