IG starting margin rate changed | Forex Factory

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IG starting margin rate changed

  • #1
  • First Post: Edited 5:15pm Apr 27, 2017 4:51pm | Edited 5:15pm
Once again IG makes a difficult situation much worse:

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Every broker needs to protect itself, even when they are hypocritical enough to say they are doing to protect us traders...but to increase the margin 8 times is lethal for traders with long term positions!!!

STAY AWAY FROM IG !!!!!, sooner or later their policies will bankrupt your account!!!
  • #2
  • Apr 27, 2017 8:16pm Apr 27, 2017 8:16pm
IG also steal your money by horrible slippage, which many people tend to ignore.




Yes, STAY AWAY FROM IG !!!!!



They are creepy and way too greedy!!!!!
IG seems like a reputable company, but it is not.
  • #3
  • Apr 28, 2017 1:34am Apr 28, 2017 1:34am
stop crying and learn how to trade. never ever had any issues with them all the years.
fortis fortuna adiuvat
  • #4
  • Edited 8:48pm Apr 28, 2017 3:20am | Edited 8:48pm
Quoting deltaone
stop crying and learn how to trade. never ever had any issues with them all the years.
Crying? really? I am a Harvard graduate and have done quite well, not just in forex market.

I encourage every traders to compare each brokers with this method: execute exact same EA with different brokers under similar data center speed. Then you will realize how those creepy brokers （such as IG） steals your money.

It is safe to assume a person who has no clue about latency issue will cry a lot in trading :-)
IG seems like a reputable company, but it is not.
  • #5
  • Apr 28, 2017 3:32am Apr 28, 2017 3:32am
Quoting deltaone
stop crying and learn how to trade. never ever had any issues with them all the years.
I browse through this guy's posts. This guy actually focuses on day trade and scalping. HaHaHaHa, and he think IG's horrible slippage is never an issue?! Really? HaHaHa
IG seems like a reputable company, but it is not.
  • #6
  • Apr 28, 2017 3:58am Apr 28, 2017 3:58am
Quoting mathTrader8
IG also steal your money by horrible slippage, which many people tend to ignore. Yes, STAY AWAY FROM IG !!!!! They are creepy and way too greedy!!!!!
....and not only slippage but also a TON of requotes!!! As in hundreds per day....it's really sad they claim to be one of the biggest brokers....terrible execution but it's their internal policy with these CRAZY MARGIN SURGES that really kill traders....

Look for another broker, IG is not trader friendly....
  • #7
  • Apr 28, 2017 4:08am Apr 28, 2017 4:08am
Quoting meyoik
{quote} ....and not only slippage but also a TON of requotes!!! As in hundreds per day....it's really sad they claim to be one of the biggest brokers....terrible execution but it's their internal policy with these CRAZY MARGIN SURGES that really kill traders.... Look for another broker, IG is not trader friendly....
Yes, I have recorded several brokers for many years. Statistically speaking, Tickmill and Pepperstone are much better (within retail forex market category) .
IG seems like a reputable company, but it is not.
  • #8
  • Apr 28, 2017 4:47am Apr 28, 2017 4:47am
Quoting mathTrader8
{quote} Yes, I have recorded several brokers for many years. Statistically speaking, Tickmill and Pepperstone are much better (within retail forex market category) .
I called them about this crazy margin hike, and they said that if I had "guaranteed stops", they would not apply the margin hike to those trades...with the one little BUT.....it doesn't apply to ANY MT4 trades......useless, completely useless....
  • #9
  • Apr 28, 2017 5:08am Apr 28, 2017 5:08am
Markets are rigged and brokers software are designed to take your money. let there be no doubt.
Never Ever Give Up!
  • #10
  • Apr 28, 2017 5:14am Apr 28, 2017 5:14am
Most scum brokers servers look like these....... Multiple plug ins to destroy your account.
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Never Ever Give Up!
  • #11
  • Apr 28, 2017 5:58am Apr 28, 2017 5:58am
Quoting mathTrader8
IG also steal your money by horrible slippage, which many people tend to ignore. Yes, STAY AWAY FROM IG !!!!! They are creepy and way too greedy!!!!!
NB. The "slippage" I mentioned is actually latency and price manipulations, which can not be prevented with the slippage parameter in ordersend function.
IG seems like a reputable company, but it is not.
  • #12
  • May 3, 2017 10:52am May 3, 2017 10:52am
Quoting Cobra
Most scum brokers servers look like these....... Multiple plug ins to destroy your account. {image}
IG seems like a reputable company but it is not. IG is just one of the scum brokers who will bluntly manipulate your trades if you trade well!
IG seems like a reputable company, but it is not.
  • #13
  • May 3, 2017 12:11pm May 3, 2017 12:11pm
IG is a dealing desk broker through MT4 and ProRealTime, unless you upgrade your account to dma and use their simple webpage to trade on,
not avalible on Mt4 or PRT what a joke
hardly a broker to chose if you are serious about technical analysis and trading, it's better you find a ECN broker, with a "real" trading platform.
Mt4 not recommended. it is awful for TA.
Bulls are stupid Animals!especially when Im short!
  • #14
  • May 13, 2017 6:09am May 13, 2017 6:09am
Yes.

Nevertheless, there are many other decent dealers (market makers) who will not go so low to cheat on you in all aspects.

IG will even rip you off with ridiculous swap calculations.
IG seems like a reputable company, but it is not.
  • #15
  • Last Post: May 13, 2017 6:13am May 13, 2017 6:13am
Quoting roughtrader
IG is a dealing desk broker through MT4 and ProRealTime, unless you upgrade your account to dma and use their simple webpage to trade on, not avalible on Mt4 or PRT what a joke hardly a broker to chose if you are serious about technical analysis and trading, it's better you find a ECN broker, with a "real" trading platform. Mt4 not recommended. it is awful for TA.

Yes.

Nevertheless, there are many other decent dealers (market makers) who will not go so low to cheat on you in all aspects.

IG will even rip you off with ridiculous swap calculations.
IG seems like a reputable company, but it is not.
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