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Interactive Investor finally improves?

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  • I've just switched from HL to ii. ii's trading page says you can place an order up to an hour before the valuation point but once an order is placed it cannot be changed or cancelled. That's very different from HL where orders have to be placed by (or soon after) 8am and you can change or cancel it until it is submitted for dealing. Is it really the case with ii that if I place an order on Friday night I can't stop it being traded on Monday?
  • Alexland
    Alexland Posts: 10,183 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    No idea but it would never even occur to me to cancel an order let alone compare the order cancellation policies across providers. What are you investing in where you might change your mind after placing the order?
  • Change my mind / miscalculated rebalance / wake up to Asian crash / Glenkinchie 12 year old goes on sale... guess I'll give them a call.
  • Alexland
    Alexland Posts: 10,183 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    We need a good thread for experiences investing while under the influence...
  • Alexland wrote: »
    We need a good thread for experiences investing while under the influence...
    Great idea, Alex. Set it up!
  • Alexland
    Alexland Posts: 10,183 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    Great idea, Alex. Set it up!

    Unfortunately I don't have a good acecdote to start the ball rolling!
  • xylophone
    xylophone Posts: 45,609 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 26 February 2018 at 12:40AM
    and not in two tranches, (despite the information given yesterday by iWEB)

    My contact at iWEB has been in touch again to say that he is investigating the unit discrepancy which requires a second tranche transfer.

    I am not sure that I'd ever again embark on an in specie transfer- my reaction is apparently what TISA is urging the industry to avoid.

    https://www.abi.org.uk/globalassets/sitecore/files/documents/publications/public/2016/pensions/transfersandreregcp.pdf

    IMPROVING PENSION AND INVESTMENT TRANSFERS AND RE-REGISTRATIONS CONSULTATION PAPER


    It is therefore imperative that the investment and
    pensions industry takes proactive and collective
    decisions to improve the transfers and re-registrations
    of investment and pension assets. This would allow
    the industry to:

    Foster competition between providers

    Timely and simple transfers and re-registrations
    are essential to promoting competition, as
    customers may be deterred from switching
    to more appropriate services if they view this
    process as overly cumbersome or risky


    What more can one say?
  • I've started transferring my Interactive investor trading account to iWeb. Was going to do the ISA at the same time but this thread put me off. I want to see how painless it is for one account transfer.

    Had enough of the buggy trading platform II offers why they changed to the new platform l don't care to know about. The user interface looks to have been designed by an intern and testing is inadequate.

    I hope II lose allot of customers they really don't care for feedback or have compensated me for some of the issues experienced. I don't expect any issues when i'm paying £22.50 a quarter.
  • Why stay with II now? Just got this from iWeb.

    We wanted to let you know about some upcoming changes to our Share Dealing website. We!!!8217;re currently making a number of improvements and very shortly we!!!8217;ll be introducing a new IWeb Markets and Insights Hub, Shares Centre and Funds Centre.

    We are making it easier to find investment ideas, track the performance of your investments and keep up to date with the latest market news. In all, the changes will give you more ways to make the most of investing with us. You!!!8217;ll be able to take a look whenever you like, whether you!!!8217;re on a mobile or desktop, and you won!!!8217;t even need to log in.

  • TCA
    TCA Posts: 1,604 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I've started transferring my Interactive investor trading account to iWeb. Was going to do the ISA at the same time but this thread put me off.

    I don't expect any issues when i'm paying £22.50 a quarter.

    It's an ISA transfer to iWeb that I'm holding off on given this thread. Any idea if you're still liable for the quarterly charge after initiating the transfer?
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