Hallo FT community,
I am sure I am not the only one but I am getting more and more frustrated with FT. On several occasions my sell orders have been rejected and as a consequence I lost money. This gives me a total new perspective on these free trades. I use basic orders to save costs and maybe its my own fault not using the instant 1£ trade. But even though FT claims that these rejected orders are unusual and rare, this is not the case for me.
This got even to the point where I do my research and decide its a good time to sell a stock and my sell order gets rejected. FT says – just try it tomorrow again – well bad luck by tomorrow my stock either gets rejected again or has fallen by 2-3% and I feel upset that I was not able to execute my desired trade.
So even though I do my research and make an informed decision – FT limits my ability here to trade the way I want.
I just want to share my own opinion and experience and I am happy if others could outline their experience with that or even tell me that I am wrong (always good to see things from a different perspective).