This is in follow up to a thread I started the other day, whereby a trade executed at 9% higher than the LSE price at the time, so I lost roughly that amount immediately. Customer services have told me that was the best market offer at the time from the market makers, so they executed it and it’s pretty much my tough luck.
So, there are no limits on this. If, for example, a share is trading at ~£10 and you make a blind investment of £1000, you expect to get roughly 100 shares, taking into account the spread and fluctuations. But if it was a low-trading stock and someone had placed a single share for sale at £1000, freetrade would execute it without any checks, and then tell you you’re committed.
Something is really wrong there, unless I’m missing something. What are other people’s thoughts?