HL vs AJBell - SIPP trading platform23 Sep 2020 14:23
On Monday, for the umpteenth time, the AJBell/Sippdeal/Youinvest trading platform crashed.
Sitting down at 8am to sell large parts of my shareholdings in order to buy back when I felt more inclined, I eventually managed just two trades before the AJBell platform crashed completely, for everyone. I watched as the FTSE100 slipped away, unable to do anything. I rang AJBell and all they could say was the they were "working on it but unable to say when it would be fixed". By the time it was fixed, I had lost a significant amount. Past experience tells me they won't bother to reply to my complaint and if they do, it will be to tell me they have no liability for my losses.
Today, AJBell's website says that if you are trying to withdraw cash, they are sorry but they can't do it at the moment. Why?
A very short straw poll amongst investors suggests that although HL is sometimes slow, it continues to work. Is this an accurate reflection in your experience and is there a better platform for SIPP investors who want to make frequent trades?