UK Execution Partner Unplanned Downtime - Order Cancellation Queued

Can we please have an update on this? I am unable to invest this morning as a result of this. Advice so far is generic and suggests to try again in a few hours. This doesn’t work for me, when trying to take advantage of a volatile period in the market.

Please advise ETA for resolution.

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Yep, second this. Also, I now have a pending stop loss cancellation, which is stopping me from selling the stock. What happens if I incur a loss here? Unacceptable really - the lack of communication is shocking, especially when it is directly affecting people’s ability to sell.

Can we have an update ASAP, as well as clarification as to what will happen to losses incurred due to this issue?

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Curiously enough, I am able to cancel limit sells no problem. But my limit Buy is pending.

If you’re trying to daytrade small volatility windows you probably want to look at a different product

Starting to agree. Still doesnt justify the poor service or communication.

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Yes, the point isn’t what is being traded, or how. The fact that this is directly affecting people’s ability to sell/buy, and that there is no communication apart from a very vague “uh, we’re looking into it”, isn’t good enough.

EDIT - Two hours since this thread was started, and not one word from Freetrade.

Well the service is perfectly good at what it’s intended for, a small period of downtime is pretty negligible for accessible free investing for all when their stance is buying and holding long term. They’ve said in-app and on social media that they’re aware and are fixing, I’m not sure you’re going to see any better than this on another platform.

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Just had a message saying it is resolved. It isn’t.

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Same here
 Still pending.

Hi All,

We’re aware of a delay in placing limit orders, which is due to an issue with our UK execution provider.

Sorry for the inconvenience, and we’ll update you here when this is fixed.

Do you want a livestream of them typing away on keyboards fixing it? :rofl:

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Lol :roll_eyes:

Hi All,

Our UK execution partner has now resolved the issue causing their unplanned downtime.

Any UK limit orders placed, including stop losses, previously shown as ‘queued’ will be updated to the correct state shortly. You can check these in the limit orders folder on your Portfolio page.

Apologies again for any inconvenience caused and thanks for your patience :pray:

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I placed a limit order today and got a message about systems being down. I then cancelled the limit order. Both are showing as pending.

I have some shares to sell as there has been a price spike.

Are there any updates on this ? Unfortunately I could end up losing a lot of money today because of this problem.

Also, if a limit order is cancelled, and the cancellation is showing as pending. Is there a chance the order will still go through despite being pulled ?

Thanks,

Ian

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I second this. I have a similar issue, being unable to cancel a stop loss, and therefore unable to sell a stock. Unacceptable, really.

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If the order executes at a different price than you expect, how is that in the broker’s favour? Freetrade doesn’t gain anything from the value of your trade.

And to add to everything you have said, given my experience so far, I’m not expecting to see any sort of response from Freetrade. Terrible customer service and does nothing to encourage confidence.

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Hi All,

We’re aware of a delay in placing limit orders, which is due to an issue with our UK execution provider.

Sorry for the inconvenience, and we’ll update you here when this is fixed.

Repeating a vague message you originally posted nearly two hours ago, and still with no ETA, doesn’t really help, does it?

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Please ask your provider for a resolution time and share it with your customers. This is your responsibility to us.

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