I loaded my CFD so that I could long/short. Only then I discover that I can’t do either on my selected property. It would have been nice if this information was clear before I tried.
I cannot now transfer this amount to my ISA (to go long), so I have to go through the rather tedious task of removing that money and waiting a week to get it back, or just leave it there doing little to nothing.
I placed another amount in my ISA to make the trade. The details of the stock state “Minimum traded quantity: 0.1”. Tried to put a Stop Limit order in (as I’ll be busy when the NYSE opens), just to be told that there is a minimum value needed to place a Stop Limit. le sigh
None of this information is clearly available to me¹ so I’m going to have to faff about with the mobile app while I’m busy, or just have two amounts now sat doing nothing. They could have been earning a whopping 0.5% interest p.a. in my crappy savings account!
Part sarcasm, points still valid.
As an aside: I’ve been getting more and more sick of these horrible surprises so I tried opening two accounts elsewhere. The KYC doesn’t work for either of those services.
Might put some money on the gee gees.
¹ I realise that some of this information has actually been made available, but that was a while ago and I forgot. It should be made clear.