Whoopsie
If IG have the right to sell those shares - then you don’t own them- they do.
I didn’t realise IG had that setup - some brokers do, some don’t
I would be gone -
I don’t like that system at all - if the brokerage goes bust
Your shares are gone.
It’s happened before
??? What was the famous one????! An ANZ thing from memory.
I treat that system like the plague.
If, on the other hand - you are the actual owner - they have no right to sell your property and cannot stop you transferring to another broker.
The whole thing stinks worse than a dead prawn in the glovebox in summer for a week
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