where did they leave it? they not only increased the spread but also the swaps, and we also have limits on long positions 
I canât open any long position on popular instruments
Damn, sorry about that loss pal - fingers crossed you can claw it back up.
I can understand from their perspective of why they have done it, itâs like hitting the brakes on a car as most people have avoided trading + made T212 a nice chunk of change in the process. Itâs a bit of a grey area though really, I donât think they needed to go so drastic with the spreads though.
Fingers crossed for you 
I wonder whatâs so extreme about the market conditions? Has a meteor hit the earth or something?
Well I see current market in an âirrational exuberanceâ phase, it might have something to do with issues seen on T212 platform.
But even boring stocks that have nothing to do with sToNks Go Up exuberance have massive spreads.
Well I seen my portfolio which consists of boring stonks go up 20% since elections. I wouldnât call that business as usual.
Fyi , this was in reply to " all issues at t212" not a single specific.
See this thread - Unusually large spreads
I operate across 4 different platforms - the other 3 platforms showed no sign of âextreme conditionsâ. In some cases the spreads were indeed somewhat larger than usual but nothing close to the 50+% spread against the share price Iâve seen here yesterday.
A share that normally has .20$ spread yesterday was showing 15$ dollars spread! 7500% increase!!! ComâonâŚ
T212 have let it slip they have manipulated spreads to reduce their risk.
Unethical? Most definitely. Criminal? Perhaps.
If you could share evidence in the ongoing larger thread that would be helpful.
The increased spread was a result of extreme market conditions which especially affects leveraged financial instruments (CFDs)
Extreme market conditions for broker or investor? Havnt seen anything extreme in last few weeks except price appreciation in certain areas
@Martin as per my message in another thread and as per so many comments here on the forums even if the market is in an extreme condition we should have been informed. There is not excuse for lack of communication. T212 should have issued a notification saying âmarket is in an extreme condition and in order to protect T212 (as a company) we have decided the to take following actionsâ. 
We cannot make the right decision if we are not informed. And if we all loose money and enough users decide to close their account (as a result of loosing money not from a bad trade but a change to the system), then T212 looses it credibility and we all loose. 
I believe everyone is angry as this happened without any notice. Just like if I rented a car from ZipCar and half way through my drive the price changes and instead of paying ÂŁ10/hour I start paying ÂŁ50/hour. If that happens you would be angry too, right? 
I have mentioned this before and I am a strong advocate for proper communication and more official T212 notifications
Too right and thatâs just the tip of the iceberg.
Itâs gross incompetence and they are in damage control.
@Cashurkash It has become difficult & expensive to hedge exposure. During such extreme movements, itâs normal for a broker to raise the margin requirements. An example of this is how most large brokers deleveraged by temporarily raising margin requirements before the US election in expectation of significant volatility.
I was so distracted by Trading 212âs incompetent handling of crypto CFD positions, that I completely missed whatâs going on elsewhere on the platform:
So, for those of us who are going to be forced to have our crypto positions closed tomorrow, weâre now facing the following triple financial threat:
- We are being forced to accept unnecessary capital gains tax (CGT) liabilities or losses.
- The recent market correction has removed recent gains that are likely to return in the next few weeks. We will be forced out of our positions, at a much lower price, before the market recovers.
- As described in the above link, I believe there is a possibility that the sell price at the close of play tomorrow will be abnormally low, causing us to lose even more money.
How is this acceptable?
Yesterday you were saying it was just nature of the beast.
I think most people would say we have had a few months of âextreme market conditionsâ now, or most certainly a few weeks. This decision must have been brewing for a while now, the fact it is being implemented with a days notice is unbelievable. Although with how 212 treat their CFD customers I guess we should be thankful for any notice at all.
Xiaomi and other HK Exchange stocks have 10%> spread. Better buy it on eToro
Point still stands.
They want to reduce their risk and exposure level, so they are making the products unattractive by hiking up the spreads and overnight fees. Itâs all legal and within their remit to do so. They set their own spread levels and can command what they want. Itâs a contract purchase, not a stock purchase. They make the contracts and can modify to suit. There is a reason every website has to put the statement that 70-90% of retail traders lose money on CFDâs. Itâs because itâs bloody hard to make money with them.
Just so you know though, I donât particularly agree with the practice. It is what it is. They want to reduce their exposure, spreads widen.
1 days notice? Do you realise how much damage this going to do the customers?