What do you mean by unfavourable market conditions? Who is it unfavourable too?
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it makes no difference to the free market if something is synthetic. They should not be able to stop people trading in assets when it suits them, regardless of if they are synthetic or not.
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Agreed. 100% correct. This is a business model decision and clearly changing the rules when the trade goes against you is market manipulation. Lawsuits are flying the way of Robinhood. T212 may have to tread carefully.
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Hello. I am trying to open a buy position on the NASDAQ100 CFD and platform is preventing me from doing so as the maximum trade quantity has been set to 0 by Trading212, why does this happen ? Basically I can only open a short position yet I want to open a long position.
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same here. but not only on nasdaq but on ALL indizesā¦
Yes Iāve had the same problem. Wasted a day of trading as the market has dipped too. I think it must be down to volatility at the moment . I wish Trade212 would communicate with what is happening.
Some else posted a msg by a CEO of another trading app (Freetrade) saying that there bank (a major UK bank) has restricted funding for Buying positions and so there site have had same problems. I think there is a strong link with the GameStop/Reddit thing going on which has percolated throughout the trading world.
The maximum trading quantities of the CFD instruments are dynamic and subject to change. They reflect our current evaluation of the market risk. We have to keep our exposure in tune with the regulatory requirements for capital adequacy.
This is market manipulation. Your allowing people to go short and lose money but not go long.
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Hey Guys. it would just be important to communicate this clearly. We deposit money so we can trade so itās very disappointing when we donāt get notified that we cannot trade. Its okay if Trading212 or its liquidity providers take the other side of the trade but keep it fair and not pick and choose when you want to take the other side. You guys basically decided that traders would make money if they were allowed to trade the position which would mean you would lose money so you decided to prevent us from trading. We love you guys thatās why we are here, we just need good communication or we will start to assume that you guys donāt care about us.
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Trading212 is becoming a joke!
First you block my purchases on Gold a while back, and now you block my Silver purchases?
I am pretty angry right now, so I am going to wait a while before I have a look to see if I should get some legal advice on this.
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How can go short mean losing money?
Legal advice on a company stopping you gambling?
I can imagine that will go swimmingly.
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Perhaps.
Which is why I will wait until I calm down.
Regardless, T212ās behaviour has been disgraceful.
I would leave, but I think I will leave my position on and take their money first
This is not gambling as you buying a contract spredbet is gambling (I believe )
Whether it is gambling or not is not the issue here.
The issue is T212ās decision not to service its customers.
They are happy for us to bet in the wrong direction, but not in the direction that is very likely to make us money.
It was bad enough with āothersā keeping the price of silver down.
Now we have brokers refusing to let us buy?!! lol
Shady business!
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āAny customer can have a car painted any color that he wants so long as it is black.ā
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For me, Silver/EUR has stopped working in the morningā¦ āTrading suspendedā. Does it still work for you?
Same here. This morning it still worked. Until 10:00 CET I guessā¦
When your user base stands to make gains and its against the companies interestsā¦
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