looking at reviews of execution only brokers there are many. But fundamentally none seem to cover what I believe is the most important and fundamental aspect of the broker.
How quick and reliable are they at executing a trade that is either falling rapidly in price or been bought rapidly?
I use Iweb and although very good value I have found it almost impossible on many occasions to execute a trade in those circumstances having to use stop loss or limit orders to execute the trade. Xo seems to be a little better.
Could readers give their opinion on their experience in that area to the platform they use and give everyone an idea of the reliability of platforms out there from a user point of view.
I moved from XO over to iWeb to try out their differing orders but frankly found them shoddy at order filling in either buying or selling. Plus there were multiple shares I just could not put a stop loss on which is very strange and put me off massively. Even went as far as ringing in a few times which was laborious to put the stop loss on which they could do but failed to explain or resolve the problem each and every time.
Moved back over to XO which is far less flash and has far less features but they perform the basic tasks very well and have never failed to perform a buy/sell or set a stop loss so they'll do for me. Only strange thing I found was they sometimes misquote a share price every so often which startles the heart but a quick verification check by other means sorts this out.
For me iWeb were all mouth no trousers.
