IG and stops

[srich]

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?

 

[tomorton]

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.

 

[Hoggums]

Been with IG for over a decade. Never experienced this myself.