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SVS Securities - shut down?

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Comments

  • BSS
    BSS Posts: 11 Forumite
    10 Posts First Anniversary
    I have still not received my login details despite last nights email saying everyone has now got access.
  • My2penneth
    My2penneth Posts: 807 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    Maybe the scam firm is actually better than ITI Capital ?



  • manted
    manted Posts: 126 Forumite
    Fifth Anniversary 100 Posts Photogenic Name Dropper
    @My2penneth
    Have you got access to Phoenix but see this line on your account ?
    "
    You are currently logged in without Trading/Market Data permissions
    We could not connect to the trading/market data system You can still manage your account but can't trade.
    Log in with Trading/Market Data
    "
  • johnburman
    johnburman Posts: 727 Forumite
    Part of the Furniture 500 Posts
    Watford 1984 said - "John - a few of my friends have joint accounts. Can you please explain what you did - did you just provide your ID and your ID only?"

    The joint account in 2 names only defaulted to one name when you went through the onboarding system (responded to the email with id and password they gave you in the email they sent) .  You could not add the joint name.  You only had one gender and DOB. 
  • BSS said:
    I have still not received my login details despite last nights email saying everyone has now got access.
    I haven’t received mine either. Their phone goes straight to voicemail and they don’t reply to emails. I’ve emailed LC, don’t know what else to do but wait!
  • My2penneth
    My2penneth Posts: 807 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    edited 4 August 2020 at 11:36AM
    manted said:
    @My2penneth
    Have you got access to Phoenix but see this line on your account ?
    "
    You are currently logged in without Trading/Market Data permissions
    We could not connect to the trading/market data system You can still manage your account but can't trade.
    Log in with Trading/Market Data
    "
    My Phoenix account is shown as pending (and my account on-boarded 11 days ago is still marked as only being submitted).

    I created my Phoenix account from within the log in pages of the ITI account.  Note, I have another login ID & password for Phoenix. These were generated when I created a Phoenix account.


    When I log on to my new Phoenix account , account number PX12345 (obviously not my account number) I see this.



  • My2penneth
    My2penneth Posts: 807 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    I understand our accounts are held in a big database. Phoenix is linked to ones's accounts directly.  When Phoenix is up and running it should update prices and feed these prices into  the holdings shown in our accounts...until then, the share prices in one's accounts are  erroneous.

    Well, that's my understanding and if anyone knows more, please let us know! 
  • johnburman
    johnburman Posts: 727 Forumite
    Part of the Furniture 500 Posts
    So why is not Phoenix up and running ....?  And when will it be?
  • Nbs222
    Nbs222 Posts: 127 Forumite
    100 Posts Second Anniversary Name Dropper
    Isn't Phoenix just a trading platform to sell shares from your SCnnnnnn accounts?
  • Well I have been trying to create a Phoenix account for the last few hours and it just times-out. Have tried ringing both the 8010 number (just drops the line) nd the 8001 number goes on forever without being answered. Have logged a query ticket (probably a waste of effort). On that screen, they show a Whatsapp number which is 020 7562 8001 (as above) - Not a mobile number so not a nuber for Whatsapp. So typical of the inaccuracy of their site and its complete inattention to detail. It would be easier to get vetted for SIS than set up an account with ITI. Oh, the clocks on their system are some other timezone as well. 
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