December 4, 2007
Setting Up An Account With IIC.com
IIC.com offers a Trade Plan which allows you to take control without having to monitor the markets night and day, giving you five automated trading strategies. A limit order lets you set a price above which you will not buy and below which you will not sell investments. A stop loss order lets you set a price to sell shares which is lower than the current price to protect you from sharp falls in a share price. You can use a Target Setting to maximize profit when share prices rise and protect against losses when they fall. This TradePlan is a combination of a limit order to sell at a higher price than the current price and a stop loss order to sell at a price lower than the current price. This is a unique form of online share dealing which makes online share trading simple and automatic. There is a £2 charge to set up a TradePlan. But if a trade is executed as a result of a TradePlan, we will reduce the commission on that trade by the amount of the charge.
