See my latest thread folks for some feedback and hopefully answers
No staff replies yesterday (I believe), and very few, very vague ones today. Not looking good, is it?
Also if you have any oil Brent stocks there leverage is 1:10, I’ve just gone though my stocks to double check them all
That’s a commodity, that should be unaffected. Mind you, anything can change at any moment, apparently!
am I right to assume we have a one hour window where we can make any corrections?
Would closing during premarket be advisable if in the green?
Bro you was dead before this even happened, lol
This is frankly quite appalling considering Live Chat hasn’t been open for days and staff hardly reply, Plus incredibly short notice.
I dont understand hahaha? Why? Lol
Obviously by 212 asking people to add money to their accounts could tell us everything we need to know, they have a cash flow problem (in my opinion) , why not just stop taking any more CFD trades for a while rather than mess with people already in a trade? why the lack of time with the notification of it?, is this anything to do with them ending Bitcoin CFD’s due to the massive price increases of late? The past week Tesla to was under but restrictions, Whenever the market go up there’s always problems! Starting to think that they are deliberately closing the network down at times to stop people from getting on for these volatile periods? Surely they should have at least calculated a percentage of how much people need for people to keep their accounts open!
I can only speculate, but it seems to me that this could have been handled in a much more appropriate manner.
They stopped people trading CFD entirely as well, a lot of popular stocks the maximum allowed quantity was 0 or 1.
Palantir was 0 maximum allowed quantity for a good few hours. Maximum you could go long in DraftKings was £100 worth last time I checked. Joke.
So many people are going to lose there money?
This is too short notice. Please do something at least a week notice.
Changing some positions in less than one day notice is not simply enough for most of us.
I’ve seen a few people mention “one hour” and I was a bit confused. However, I now realise what you mean. For US stocks, there is no pre or post-market trading tomorrow, so the markets will open at 14:30 and the deadline is 15:30, right?
Is there any chance that Trading 212 deliberately picked the worst possible day and time to give us just an hour to react? Why else would they choose 15:30? Why not go for 15:00 and only give us half an hour!
The media will have a field day with this.
I’ll happily speak to Taylor Riggs about it
Coupled with zero staff interaction yesterday, right before Thanksgiving.
Extreme spreads, minimal notice when the US market is shut, feels like a shakedown at the casino for difference …
There is some posts getting removed so they are montering what’s going on
What you mentioned is my biggest concern. Only 1 hour we have tomorrow 2:30p.m to 3:30p,m in the UK for USA stock, Worst day to change the leverage and they are giving us 1 hour to change or fund the account. This is just wrong. Especially they are changing the leverage hugely. I can get the funds but it takes time to withdraw and cannot withdraw in one day… Need 3days to a week.