Is it me ? Why are all the U.k penny stocks always pending when you go to purchase ?
I’ve already heard of the low liquidity but surely something here needs to improve .
I can easily buy a U.S penny stock more or less instantly.
So frustrating as I’m having to use another broker to buy U.K .
Liquidity is the main reason and due to how they trade SETSqx
Can’t compare US to UK penny stocks, just look at the volume traded per day - not even slightly comparable.
But on other threads this has been discussed. 212 use IB who offer direct market access only which is why the low liquidity becomes a massive issue, other brokers such as HL in the UK make use of market makers which essentially removes the bulk of the liquidity issues. 212 have said they’re investigating the options here.