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Attachments: IG starting margin rate changed
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IG starting margin rate changed

  • Post #1
  • Quote
  • First Post: Edited 6:15pm Apr 27, 2017 5:51pm | Edited 6:15pm
  •  meyoik
  • | Joined Apr 2016 | Status: Member | 445 Posts
Once again IG makes a difficult situation much worse:

Attached Image


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!!!
  • Post #2
  • Quote
  • Apr 27, 2017 9:16pm Apr 27, 2017 9:16pm
  •  mathTrader8
  • Joined Jan 2017 | Status: Member | 90 Posts
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.
 
1
  • Post #3
  • Quote
  • Apr 28, 2017 2:34am Apr 28, 2017 2:34am
  •  deltaone
  • Joined Nov 2013 | Status: Made in Germany | 19,385 Posts
stop crying and learn how to trade. never ever had any issues with them all the years.
fortis fortuna adiuvat
 
 
  • Post #4
  • Quote
  • Edited 9:48pm Apr 28, 2017 4:20am | Edited 9:48pm
  •  mathTrader8
  • Joined Jan 2017 | Status: Member | 90 Posts
Quoting deltaone
Disliked
stop crying and learn how to trade. never ever had any issues with them all the years.
Ignored
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.
 
 
  • Post #5
  • Quote
  • Apr 28, 2017 4:32am Apr 28, 2017 4:32am
  •  mathTrader8
  • Joined Jan 2017 | Status: Member | 90 Posts
Quoting deltaone
Disliked
stop crying and learn how to trade. never ever had any issues with them all the years.
Ignored
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.
 
 
  • Post #6
  • Quote
  • Apr 28, 2017 4:58am Apr 28, 2017 4:58am
  •  meyoik
  • | Joined Apr 2016 | Status: Member | 445 Posts
Quoting mathTrader8
Disliked
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!!!!!
Ignored
....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....
 
1
  • Post #7
  • Quote
  • Apr 28, 2017 5:08am Apr 28, 2017 5:08am
  •  mathTrader8
  • Joined Jan 2017 | Status: Member | 90 Posts
Quoting meyoik
Disliked
{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....
Ignored
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.
 
1
  • Post #8
  • Quote
  • Apr 28, 2017 5:47am Apr 28, 2017 5:47am
  •  meyoik
  • | Joined Apr 2016 | Status: Member | 445 Posts
Quoting mathTrader8
Disliked
{quote} Yes, I have recorded several brokers for many years. Statistically speaking, Tickmill and Pepperstone are much better (within retail forex market category) .
Ignored
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....
 
 
  • Post #9
  • Quote
  • Apr 28, 2017 6:08am Apr 28, 2017 6:08am
  •  Cobra
  • Joined Mar 2006 | Status: Member | 843 Posts
Markets are rigged and brokers software are designed to take your money. let there be no doubt.
Never Ever Give Up!
 
1
  • Post #10
  • Quote
  • Apr 28, 2017 6:14am Apr 28, 2017 6:14am
  •  Cobra
  • Joined Mar 2006 | Status: Member | 843 Posts
Most scum brokers servers look like these....... Multiple plug ins to destroy your account.
Attached Image
Never Ever Give Up!
 
1
  • Post #11
  • Quote
  • Apr 28, 2017 6:58am Apr 28, 2017 6:58am
  •  mathTrader8
  • Joined Jan 2017 | Status: Member | 90 Posts
Quoting mathTrader8
Disliked
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!!!!!
Ignored
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.
 
 
  • Post #12
  • Quote
  • May 3, 2017 11:52am May 3, 2017 11:52am
  •  mathTrader8
  • Joined Jan 2017 | Status: Member | 90 Posts
Quoting Cobra
Disliked
Most scum brokers servers look like these....... Multiple plug ins to destroy your account. {image}
Ignored
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.
 
 
  • Post #13
  • Quote
  • May 3, 2017 1:11pm May 3, 2017 1:11pm
  •  roughtrader
  • Joined Jan 2011 | Status: Senior Trader | 1,475 Posts
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!
 
 
  • Post #14
  • Quote
  • May 13, 2017 7:09am May 13, 2017 7:09am
  •  mathTrader8
  • Joined Jan 2017 | Status: Member | 90 Posts
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.
 
 
  • Post #15
  • Quote
  • Last Post: May 13, 2017 7:13am May 13, 2017 7:13am
  •  mathTrader8
  • Joined Jan 2017 | Status: Member | 90 Posts
Quoting roughtrader
Disliked
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.
Ignored

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.
 
1
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